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Latest Results from /sibos

/Sibos

Swift launches tool to help banks manage financial crime risk

Swift continues to build up its compliance unit through the launch of a business intelligence tool that lets banks comb through their own Swift traffic data in search of financial crime risks.

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Gates to venture back into the land of the dinosaurs at Sibos

Banking co-operative Swift has announced that former Microsoft chairman and CEO Bill Gates will give the closing plenary address at the the annual Swift international banking and operations seminar, Sibos, in Boston.

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Former Swift CEO Schrank joins Circle funding round

Digital currency start-up Circle Internet Financial has closed a $17 million funding round, including an investment from former Swift chief executive Leonard Schrank.

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Swift chief: "When we don't sleep, it is because of cyber risks"

Swift chief executive Gottfried Leibbrandt has called on EU policymakers to steer clear of 'data protectionism' and work towards the creation of a standardised global framework for international cyber-security.

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Swift ships high value backup system

Following a live launch at the Bank of England, financial messaging network Swift has released a new business continuity service for operators of national high value payments systems.

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Swift signs major banks to KYC Registry

Interbank messaging network Swift has recruited a group of major banks to help develop its centralised KYC utility for the collection and distribution of standard information required by banks as part of their due diligence processes.

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KYC Exhange Net launches Web-based platform for due diligence data sharing

Switzerland-based KYC Exchange has launched a Web-based communication platform for Know Your Customer (KYC) and Customer Due Diligence (CDD) data sharing for the international banking community

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Swift to move into compliance space with KYC Registry

Financial messaging network Swift has announced the creation of a global Know Your Customer (KYC) Registry to help banks to manage compliance challenges and reduce the high costs associated with implementing anti-money laundering regulations.

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EU to maintain bank data sharing deal with US government following assurances

The European Union says it has received written assurances from the US government that NSA spies did not tap into financial messaging data transmitted over the interbank Swift network.

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Belgian and Dutch data protection agencies to investigate Swift security

The Belgian and Dutch Data Protection Authorities are to conduct an investigation into security at Swift following allegations that data transmitted over the interbank network was spied on by the US National Security Authority.

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Finextra partners Level39/Innotribe for Future Money innovation conference

Finextra and Level39, in association with Innotribe, are to host a two-day conference exploring the new wave of innovation sweeping across the financial services sector.

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MEPs vote in favour of suspending Swift data sharing deal; call for on-site investigation

European parliamentarians have voted in favour of suspending the EU/US bank data sharing deal in response to the US National Security Agency's alleged tapping of messages transmitted over the Swift banking network.