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Latest Results from /sibos

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Transaction banks work to define common standards for supply chain financing

With the market for supply chain finance (SCF) schemes set for explosive further growth, Europe's largest transaction banks are coming together to define common terminology as they look to expand their range of services and compete for cross-border business.

/Sibos

Major German banks to switch domestic payments to EBA's Step2 ACH

A core group of seven German banks are to use EBA Clearing's pan-European Automated Clearing House Step2 for processing Sepa-compliant domestic payments in euros.

/Sibos

Live blog: Swift Business Forum - London 2013

Returning for its third year, the Swift Business Forum London brings together over 700 financial services professionals to explore the key challenges and opportunities facing our industry today. Finextra is liveblogging events here.

/Sibos

EBAday to set the agenda for the European payments industry

Europe's leading futurist, Dr Patrick Dixon, is to give the keynote presentation at EBAday 2013, the pre-eminent annual event for the European payments industry, which will run for two full days from 21-22 May at the Estrel Convention Center, Berlin.

/Sibos

Citi implements corporate-to-bank Swift standard for trade

Citi has rolled out the corporate-to-bank Swift Message Type (MT) 798, in a move that the US giant says will support its multinational clients in their trade flows.

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Sentenial embarks on EUR20 million expansion as Sepa End Date looms

Dublin-based payments specialist Sentenial is to spend EUR20 million on a pan-European expansion plan which will see the opening of four new offices on the continent ahead of the 2014 Sepa End Date.

/Sibos

PlayMoolah and Gust triumph in Innotribe challenge

PlayMoolah, an online platform for teaching children financial management through the use of gamification techniques, has emerged as the winner of the Innotribe Startup Challenge at Sibos in Japan.

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Half of market participants not preparing for T+2 - Omgeo

Market participants are not prepared for shorter settlement cycles, despite being strongly in favour of a move to T+2, according to a study from Omgeo.

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Swift's bid to move into domestic markets comes good in India

Swift is moving into the domestic Indian market, thanks to a joint venture that will see six partner banks build a financial messaging system for the country.

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Sandy wreaks havoc on Manhattan

US stock markets are to remain closed on Tuesday for the second day in succession, in the aftermath of a huge storm surge that flooded downtown Manhattan and plunged millions of New Yorkers into darkness.

/Sibos

Deutsche Bank Autobahn App Market picks up speed

Deutsche Bank has launched a new liquidity management application on its Autobahn App Market and signed Banque Internationale à Luxembourg (BIL) as a client.

/Sibos

Banks announce support for SAP corporate cloud messaging network

Bank of America Merrill Lynch, The Bank of Tokyo-Mitsubishi UFJ, Citi, Deutsche Bank, Nordea, Royal Bank of Scotland and Standard Chartered Bank have announced their involvement in the development of the SAP Financial Services Network (FSN), a cloud-based corporate-to-bank connectivity platform.