Latest Sibos News: Finextra Research

In 'unprecedented' step, Swift cuts off Iranian banks

Under orders from the EU, Swift has taken the unprecedented step of cutting off its financial messaging network to Iranian banks subject to European sanctions.

15 March 2012

/Sibos

Swift introduces cloud-based connectivity

Financial messaging network Swift is preparing to upgrade its Alliance Lite system, bringing the option of cloud-based connectivity to most customers.

01 March 2012

/Sibos

Edinburgh to host EBAday 2012

Registration has opened for EBAday 2012, the pre-eminent annual event for the European payments industry, which will run for two full days from 15-16 May at the Edinburgh International Conference Centre, Scotland.

24 February 2012

/Sibos

US lawmakers bid to shut Iranian banks out of Swift network

US politicians have proposed a bill that would block Iranian banks from using the Swift network for sending and receiving payment messages.

02 February 2012

/Sibos

Finextra signs off for Christmas and New Year break

The Finextra office will be closed after Wednesday 21 December, re-opening Tuesday 3 January.

21 December 2011

/Sibos

Swift to take start-up contest global

Financial messaging network Swift is to extend its start-up challenge to three regional showcase events in the US, Asia and Europe, inviting companies to pitch for the chance to present their innovations to financial institutions at Sibos - Swift's annual conference - in Osaka in 2012.

07 December 2011

/Sibos

Firms urged to begin IT prep for handling LEIs

Delegates at the annual user conference of financial messaging body Swift were given more information about the development of the legal entity identifier (LEI) messaging standard designed to produce an electronic tag for the counterparties in all securities transactions

22 September 2011

/Sibos

Citi slaps down Bank 2.0 rivals in Innotribe face-off

Financial heavyweight Citi has faced off a challenge to old-bank hegemony with a powerful display of its technological prowess that knocked the wind out of a room-full of Bank 2.0 innovation gurus and digital evangelists at an Innotribe session at Sibos in Toronto.

22 September 2011

/Sibos

Sibos Live: It's all about the Chinese renminbi

The gravitational pull generated by emerging Asian economies on global payments traffic has been starkly illustrated in Latin America, where China has come to prominence as the number one trading partner for major nations such as Brazil, Chile, Peru and Columbia, creating new challenges and opportunities for banks providing payments and FX services to corporate and institutional clients.

22 September 2011

/Sibos

Swift to build a better dashboard for correspondents

Bank-to-bank co-operative Swift is to extend its business intelligence portfolio to build a dynamic correspondent banking dashboard, which will provide users with actionable insight into their transaction data and performance metrics.

22 September 2011

/Sibos

Swift's MyStandards pilot moves into live production

Financial messaging network Swift has announced that its MyStandards project is now recruiting users after completing a closed pilot phase.

22 September 2011

/Sibos

EU watchdog warns of financial instability as Sibos bankers complain about regulatory burden

Financial stability within the EU is at risk unless decisive and swift action is implemented by all authorities, according to a warning issued by the European Systemic Risk Board (ESRB), the EU's super-watchdog.

21 September 2011

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