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/Sibos

Sibos 2025: Why Europe needs the integration of capital markets

In the only Europe-centric session at Sibos in Frankfurt, Swift’s Marianne Demarchi led a conversation titled: “View from the Top: Securing Europe’s financial future - Resilience, autonomy, and global impact.”

/startups

Frank founder Javice sentenced to seven years in prison for defrauding JPMorgan

Charlie Javice has been sentenced to seven years in prison for defrauding JP Morgan Chase in the $175 million deal to buy her fintech Frank.

/Sibos

Sibos 2025: How to build the bank of tomorrow

Following the popular session on building tomorrow’s bank at Sibos 2024, McKinsey’s Megha Kansal moderated a follow-up session on the year’s developments in Frankfurt.

/Sibos

EPAA calls for industry-wide preparation for quantum threats in new report

The Emerging Payments Association of Asia (EPAA) has released a report on how quantum computing will exacerbate the payments fraud landscape, and what financial institutions need to be doing to prepare before quantum slips into the mainstream.

/payments

Visa Direct to pilot pre-funded stablecoins

Visa is promising financial institutions a long-overdue upgrade to the movement of capital in cross-border payments via a pre-funding stablecoin platform.

/ai

Bank of America rolls out GenAI assistant for Global Payment Solutions business

Bank of America has rolled out an AI assistant to help staff deal with complex queries from institutional users of its Global Payments Solutions product.

/crypto

Sibos 2025: Unpacking the impact and future of digital assets

Digital assets are one of the key themes at Sibos 2025, and day one featured several sessions covering the intricacies of stablecoins, CBDCs, and the world of crypto.

/retail

Fiserv to buy StoneCastle Cash Management

Fiserv has signed a definitive agreement to buy StoneCastle Cash Management. Financial terms were not disclosed.

/ai

Visa launches VCS Hub for AI-powered commercial payments

Visa has launched a hub to help issuers and fintechs deliver commercial payment and embedded finance experiences.

/ai

OpenAI and Stripe team on ChatGPT payments

OpenAI has joined forces with Stripe to let people make purchases from within ChatGPT.

/ai

FS giants test blockchain and AI to tackle $58bn corporate actions problem

A host of banking and capital market players - including Swift, the DTCC and UBS - have closed out the second stage of a Chainlink-led project to use AI and blockchain technology to standardise and streamline corporate actions processing.

/Sibos

Sibos 2025: AI, quantum, CBDCs, tokenised assets and stablecoins to lead the agenda

In the opening plenary of Sibos 2025 in Frankfurt, executives at Swift and leading German banks Deutsche Bundesbank and Deutsche Bank introduced the themes of the conference and what can be accomplished on ‘the next frontier of global finance’.