Sibos

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/Sibos

Temenos ports payments hub to Microsoft Azure

Temenos (SIX: TEMN), the software specialist for banking and finance, has extended its leadership in cloud-based banking and finance software with the launch of its Payment Hub in cloud on Microsoft Azure.

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Nedbank goes live with China Systems for trade finance portal

Nedbank is one of South Africa’s major banking groups, offering the full range of wholesale and retail banking services through a growing footprint across Africa.

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IBM uses blockchain to improve cross-border payments processing

IBM is leading a project that uses public blockchain technology to make international payments in developing countries more efficient and less expensive.

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Swift positive on blockchain, but big challenges remain

Early results from a blockchain proof-of-concept conducted by Swift with six of the co-operative's member banks indicate that DLT application can deliver the business functionalities and data richness required to support real-time liquidity monitoring and reconciliation.

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Chaps forecasts 43.5 million payments processed in 2026

The long-term volume growth forecasts for CHAPS demonstrate resilient demand for the UK’s same day high-value payment method despite wider medium-term economic uncertainty, according to a new report published today (11 October 2017) by CHAPS Co.

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Taiwan's Far Eastern International Bank suffers malware attack

A Taiwanese bank has become the latest to fall victim to hackers planting malware on its servers and sending unauthorised, doctored messages through the interbank Swift network.

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ACI Worldwide ships UP Real-Time Payments system

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today launched the UP Real-Time Payments Solution—the only global solution that allows financial institutions to address their Real Time Gross Settlement (RTGS), SWIFT messaging and real-time payments needs with a single, universal offering.

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SwiftNet Instant to provide access to EBA Clearing’s RT1 system

SWIFT and EBA CLEARING today announced that users of EBA CLEARING’s instant payment system, RT1, will be able to access the platform via SWIFTNet Instant from November 2018.

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Banks bringing the benefits of GPI

Wim Raymaekers, Head of Banking Market and SWIFT gpi, SWIFT, talks about global payments innovation as the new standard for handling cross-border payments, how banks are collaborating to make the most of this initiative by creating new business opportunities and what we can expect to hear from this year’s Sibos sessions on gpi.

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Financial crime compliance continues to be top of mind

Tony Wicks, Head of AML and Fraud Prevention Initiatives, SWIFT, highlights what key drivers will influence the compliance debate at Sibos this year, what event attendees can expect to hear during compliance sessions and what is in store for 2018 and beyond.

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Corporates now expect immediate satisfaction from their banks

Conor Colleary, Vice President and Head of Solution Consulting, Oracle Financial Services Business Unit, talks about the expectations corporates have of their banks, how banks are responding, the effect these challenges will have on them as they aim to provide increasingly digitally based, real-time services and whether they are prepared.

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Banks’ four pillar strategy for real-time payments

Conor Colleary, Vice President and Head of Solution Consulting, Oracle Financial Services Business Unit, talks about how banks are meeting the technology demands of real-time payments by becoming more holistic, flexible, innovative and collaborative, whether real-time compounds the problem banks have managing legacy infrastructure and building new platforms and what strategies they should adopt in the future to enhance innovation.

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Banks from nine countries to join EBA CLEARING’s instant payment system RT1 for go-live

EBA CLEARING today confirmed that banks from nine countries are preparing to join RT1, the Company’s pan-European infrastructure solution for instant payments in euro, on its go-live date in November 2017.

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Earthport appointed by SECB Swiss Euro Clearing Bank to provide cross-border payments

Earthport (AIM: EPO), the leading payment network for cross-border transactions, is pleased to announce that it has been appointed by SECB Swiss Euro Clearing Bank GmbH (“SECB”), a major euro payment clearing hub for Swiss banks, to provide SWIFT payment processing services.

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Could PCI DSS provide a guide for safeguarding payments over Swift?

Philippe Lepoutre, deputy head of global transaction and payment services and Thierry Olivier, chief information security officer at SocGen assess Swift's Customer Security Programme (CSP) and how it might evolve in the future to provide a better safety net for interbank payment flows.

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Artificial Intelligence Bank-in-Messenger raises $1million from IIDF and private investors

The very first “Bank-in-Messenger”- TalkBank.io has raised $1million in seed investments with a company valuation of $6.1million. IIDF and 7 private investors, including Mark Malinovsky (kuponator.ru) have funded the start up.

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Research reveals new payments drivers

Wim Raymaekers , Head of Banking Market and SWIFT gpi, SWIFT, introduces SWIFT’s new research with BCG, and talks about the changes payment platforms and processes are currently undergoing, the main drivers behind this and how the industry will evolve in the future.

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A closer look at TIPs

Jerry Norton, Vice President, Financial Services, CGI, talks about the ECB’s planned new settlement service TIPS, what this is designed to offer, why it is controversial, and the market’s reaction so far.

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Swift provides data validation service for corporate treasurers

SWIFT announces the availability of Customer Data Validation, a new reference data service from SWIFTRef that helps corporate treasurers validate bank master data against the most accurate and up-to-date payment reference data, available from the SWIFTRef directories.

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Mid-sized banks face biggest threat from new technology developments

Findings from a joint white paper produced by Boston Consulting Group (BCG) and SWIFT examine the forces in international payments that are driving profound changes to the banking industry as a whole and specifically to mid-sized banks.