Latest Sibos News: Finextra Research

Andrew Douglas quits Swift for DTCC

Andrew Douglas has quit the Brussels-based banking co-operative Swift to join the Depository Trust and Clearing Corporation, where he will lead the US depository's public affairs efforts in Europe.

14 April 2010

/Sibos

MEPs clash with Commission over new EU-US Swift data deal

European parliamentarians are demanding limitations on bank data transfers to the US and the right of legal redress for EU citizens under a new deal hatched between Brussels and US authorities over Swift data sharing arrangements.

08 April 2010

/Sibos

Europe demands reciprocal access to US bank account data in Swift row

The European Commission is considering setting up a system to track terrorist financing which would require the US to hand over citizen bank transaction data. The move comes as the EC prepares to reopen negotiations with the US on access to EU bank accounts after previous arrangements were torpedoed by the European Parliament.

26 March 2010

/Sibos

IPF Association formed to simplify global credit transfers

A group of 21 banks, clearing houses and associated payment service providers have launched the International Payments Framework Association (IPFA).

08 March 2010

/Sibos

Bank of America Merrill Lynch taps IdenTrust to bring eBam to corporate customers

Bank of America Merrill Lynch is planning to rollout electronic bank account management (eBam) technology from IdenTrust for its corporate customers.

22 February 2010

/Sibos

Top tier banks unite in support for fifth annual EBAday

Registration has opened for EBAday, the pre-eminent annual event for the European payments industry, with headline sponsorship from four leading global banks - JPMorgan, Deutsche Bank HSBC and ING - plus host sponsor Dexia and local support from Banque et Caisse d'Epargne de l'Etat.

19 February 2010

/Sibos

Parliament votes to scrap EU-US Swift data transfer deal

The European Parliament has voted to scrap a controversial agreement to allow US authorities access to EU banking data transmitted over the international Swift network.

11 February 2010

/Sibos

Liberal leaders threaten to derail EU-US Swift data deal

Liberal party leaders in the European Parliament are threatening to over-turn an interim agreement granting US authorities access to European banking transactions transmitted over the Swift messaging network.

19 January 2010

/Sibos

ECB to set back T2S timetable to beyond 2013

The European Central Bank has been forced to set back the deadline for the introduction of a new pan-European securities settlement system by up to a year as negotiations over pricing and governance drag on, according to a report in the Financial Times.

15 January 2010

/Sibos

Finextra signs off for Christmas and New Year break

The Finextra office will be closed after Tuesday 22 December, re-opening Monday 4 January.

22 December 2009

/Sibos

Swift puts the squeeze on Sibos-goers with steep price hikes for 2010

International banking network Swift is imposing substantial price hikes on delegates and exhibitors attending its annual Sibos event in 2010, in a move it says will align the pricing "with the event's market position and value".

15 December 2009

/Sibos

Swift bids to woo investment managers with new microsite

Bank-owned payments network Swift has launched a purpose-built microsite for investment managers in a bid to get more traction with buy-side institutions.

27 November 2009

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