Latest Sibos News: Finextra Research

Innotribe contender miiCard secures funding; completes MBO

MiiCard, a digital passport outfit that is competing in the Innotribe start-up contest at Sibos this year, has raised £550,000 in seed funding and completed a management buyout.

31 August 2011

/Sibos

Data management issues delay liquidity risk progress - Swift

Data management issues continue to impede the efforts of financial institutions to develop effective strategies for dealing with liquidity risk, according to a survey from Swift.

19 August 2011

/Sibos

Swift raises Innotribe stakes with $100,000 start-up award

Financial messaging network Swift has upped the ante in its annual innovation start-up contest, promising a $100,000 cash prize to the winning pitches at this year's Sibos conference in Toronto.

01 August 2011

/Sibos

Swift plans business continuity service for RTGS systems

Financial messaging network Swift has outlined plans to build a business continuity service that will keep Real Time Gross Settlement (RTGS) systems operating in the event of a major outage.

18 July 2011

/Sibos

EC sets out terrorist financing tracking plan

The European Commission has set out proposals for tracking terrorist financing, providing a counterweight to the controversial system run by the US.

15 July 2011

/Sibos

T2S connectivity licences come up for grabs

Europe's central banks have begun the process of picking network service providers for the Target2Securities (T2S) system, with telecoms firms expected to challenge inter-bank co-operative Swift for the two licenses up for grabs.

15 July 2011

/Sibos

Swift incubator invites pitches for quarterly 'dragon's den'

Inter-bank co-operative Swift is inviting startups and entrepreneurs to pitch their ideas at a quarterly 'dragon's den' style gathering of bankers, consultants and venture capitalists.

13 July 2011

/Sibos

Swift and DTCC score big data management mandates

Financial messaging network Swift and the Depository Trust and Clearing Corporation (DTCC) have won two separate industry data management mandates, for the development of a Legal Entity Identifier (LEI) utility and electronic foreign exchange repository.

12 July 2011

/Sibos

Swift launches corporate Iban validation kit

Financial information network Swift is marketing a directory and software tool designed to help corporates validate and set-up Iban account codes for customer and supplier payments in time for the Sepa deadline.

08 July 2011

/Sibos

Western Union to acquire Travelex Global Business Payments

Western Union is to acquire the Travelex Global Business Payments (TGBP) division for £606 million in cash.

05 July 2011

/Sibos

European payments industry prepares for record-breaking EBAday 2011

The Euro banking Association and Finextra are preparing for a record turn-out at EBAday 2011, Europe's pre-eminent annual payments event, with a sold-out exhibition floor and conference agenda featuring more than 50 of Europe's leading banks, market operators and industry utilities.

10 June 2011

/Sibos

Legal Entity Identifier standard nears

Plans to create a new legal entity identifier (LEI) system to help regulators and industry participants monitor systemic risk are gathering momentum, with Swift winning a vote to act as the registration authority for the ISO standard and a group of trade associations setting out their framework.

05 May 2011

Latest news