SIBOS Interview: Swift – challenges for instant payments
Isabelle Olivier, Head of Securities Initiatives & PMIs EMEA, Swift, talks about the challenges for Instant Payments in Europe and the recipes for success.
FinTech
Fintech funding round-up: 19 October 2017
Three of the latest stories in one for a fast fintech funding round-up. Features Paykey, Digital Asset, Santander InnoVentures and ePesos.
SIBOS Interview: SunTec – benefits of digital transformation for banks
K Nanda Kumar, CEO & Founder, SunTec, outlines the benefits of digital transformation for banks. Follow us on Twitter @DailyNewsSibos Read all the latest news and views from Sibos 2017 online here or pick up a free print copy of Daily News at Sibos if you are at the conference!
SIBOS Interview: SunTec – a safe move into digital world
Amit Dua, President & Global Head – Client Facing Groups at SunTec outlines how banks can move into the digital world successfully and safely. Follow us on Twitter @DailyNewsSibos Read all the latest news and views from Sibos 2017 online here or pick up a free print copy of Daily News at Sibos if you […]
SIBOS Interview: DTCC – fintech and financial stability
Mike Leibrock, chief systemic risk officer, DTCC, details the firm’s framework for assessing the impact of fintech on financial stability. Follow us on Twitter @DailyNewsSibos Read all the latest news and views from Sibos 2017 online here or pick up a free print copy of Daily News at Sibos if you are at the conference!
SIBOS Interview: Deutsche Bank – gpi, de-risking and the future of correspondent banking
Marc Recker, Head of Market Management, Cash Management, Deutsche Bank, talks about gpi, de-risking and the future of correspondent banking. Follow us on Twitter @DailyNewsSibos Read all the latest news and views from Sibos 2017 online here or pick up a free print copy of Daily News at Sibos if you are at the conference!
SIBOS Interview: SOCGEN digital transformation and collaboration as business model
Pascal Augé, Head of Global Transaction and Payment Services, Société Générale, talks about the bank’s digital transformation project and collaboration as a business model. Follow us on Twitter @DailyNewsSibos Read all the latest news and views from Sibos 2017 online here or pick up a free print copy of Daily News at Sibos if you are […]
SIBOS Interview: SOCGEN – the impact of digital transformation
Bruno Prigent, Head of Societe Generale Global Securities Services, and Mathieu Maurier, Head of Coverage at Societe Generale Global Securities Services, discuss the impact of innovation and digital transformation in the securities services industry. Follow us on Twitter @DailyNewsSibos Read all the latest news and views from Sibos 2017 online here or pick up a free […]
JP Morgan Chase acquires WePay
JP Morgan Chase has acquired WePay, a California-based paytech firm, which will function as the payments innovation incubator in Silicon Valley for the bank.
Daily News at Sibos 2017 top photos and captions – Day 4
Top pics and captions from Swift’s Sibos 2017 conference in Toronto!
Blockchain: a world of possibilities
Amid the hype around distributed ledger technology and blockchain it can seem they are technologies looking for solutions. In the heavily paper-based business of trade finance, such technology looks promising and progress is being made elsewhere.
Daily News at Sibos 2017 – Day 4
Read our fourth and final Daily News at Sibos edition of the Sibos 2017 conference in Toronto – all the latest news and analysis from Swift’s premier event of the year. Free to read online or pick up a complimentary print copy if you are at Sibos!
Sberbank joins Enterprise Ethereum Alliance to broaden cooperation
Sberbank has become the first Russian bank to join the Enterprise Ethereum Alliance (EEA). The non-commercial alliance was established in February 2017 to transform Ethereum into an enterprise-grade technology.
E-Book: In-Memory Computing for Financial Services – Part 1
Turbocharge high-frequency trading, fraud prevention and real-time regulatory compliance with in-memory computing.
HSBC UK heads towards open banking through fintech partnership
HSBC UK and its First Direct online banking subsidiary have partnered with fintech start-up Bud to provide customers with an integrated selection of financial services products and tools from across the market.
Sibos 2017: treasurers look to tech to untangle knots
Untangling the “knots” at global treasuries, especially with regard to bank maintenance issues around know your customer (KYC) and other compliance activities, was the theme of a corporate treasury session yesterday (18 October) at Sibos.
SmartContract unveils PoC
SmartContract, which enables computable smart contracts, has unveiled a new a proof of concept (PoC) for making/using smart contracts with Swift.
Sibos 2017: the future of money
What’s more valuable today, data or money? Today’s “The Future of Money” discussion at Sibos had “the new oil” – data – firmly in its sights.
Rambus and Eftpos team up to support Apple Pay in Australia
Mobile payments firm Rambus has teamed up with Eftpos, the Australian domestic debit network, to help support transactions with Apple Pay for users in Australia. Through integration with Rambus’ token service provider (TSP) technology, the firm says Eftpos is able to support Apple Pay. Chakib Bouda, CTO of the Rambus Payments Division, says: “This partnership […]
Sibos 2017: embrace the change or get out of the way!
At today’s (18 October) panel discussion at Sibos, user experience (UX) and organisational culture were put to the fore. What does it take to create a simple yet meaningful UX? And what role does an organisational culture play in it?
Sberbank and Swift sign memorandum of co-operation for product push
Sberbank and Swift have signed a memorandum of co-operation regarding the development and piloting of products created and promoted by Swift. With fintech hugs sweeping Sibos and the planet, the parties agreed to co-ordinate steps to assess the potential application of blockchain in interbank settlement platforms. In particular, Sberbank joined the international group of financial […]
JP Morgan’s Quorum blockchain powers new correspondent banking network
JP Morgan, and Royal Bank of Canada (RBC) and Australia and New Zealand Banking Group (ANZ), have launched the Interbank Information Network (IIN) – using blockchain for the payments process. According to JP Morgan, processing global payments is very complex. Multiple layers of communication occur amongst payment participants to verify and process transactions. By using […]
Interview: Martin Grunewald, BankservAfrica – the African payments dream
In an exclusive interview with Daily News at Sibos, Martin Grunewald, chief payments officer at BankservAfrica, discusses its vision for a modern payments system in Africa and why replication is a good thing. “If we don’t start, we won’t get to the finish line”. There is a lot of planning and talking now, but South […]
Diebold Nixdorf IMS Conference 2017: shaping the future of retail banking
Last week (12 October 2017) was Diebold Nixdorf’s latest seminar at the Okura Hotel in Amsterdam. Accompanied by representatives from ING, Franz Informatik and Forrester. The first conference of the morning focused on shaping the future of banking.
Interview: Fabian Vandenreydt, B-Hive
In an exclusive interview with Daily News at Sibos, Fabian Vandenreydt, executive chairman of collaborative innovation platform B-Hive, explains what it’s doing for creativity and how it will form a separate company for scale-ups.
UK challenger bank Aldermore in acquisition talks with FirstRand
South Africa’s financial services group FirstRand is in takeover talks with Aldermore, a UK-based challenger bank focused on SMEs.
Old world aces new world
With sizeable market shares, China’s mobile payments giants Alipay and WeChat Pay are seeking international expansion. What’s next for the tech giants?
Open banking: nothing personal
Financial authorities globally are promoting open banking. While it represents a shift in the mindset of traditional banks, Heather McKenzie, editor of Daily News at Sibos, finds they may be up to the challenge.
Daily News at Sibos 2017 top photos and captions – Day 3
Top pics and captions from Swift’s Sibos 2017 conference in Toronto!
Daily News at Sibos 2017 – Day 3
Read our third Daily News at Sibos edition of the Sibos 2017 conference in Toronto – all the latest news and analysis from Swift’s premier event of the year. Free to read online or pick up a complimentary print copy if you are at Sibos!
Compliance: back to basics
Ensuring security on Swift’s network doesn’t have to be rocket science. Getting the basics right will help individual institutions and Swift’s community.
Banking Technology Leadership Awards 2017 shortlist unveiled
Having gone through an unprecedented number of exceptional nominations for our Leadership Awards, we are pleased to announce the shortlisted candidates for Tech Leaders, IT Team of the Year and Woman in Technology.
Castle Trust in mortgage tech modernisation project with Phoebus Software
Castle Trust has appointed Phoebus Software for all of its mortgage servicing, allowing to “significantly” reduce the time and cost it takes to service its mortgage book.
Open Banking brings increased revenue to those who can collaborate
With new banking reform on the horizon, Amit Dua, president of Suntec Business Solutions, assesses why customers will improve their financial and life circumstances if heritage banks and young fintech firms find a way to combine their strengths.
Challenger bank BFC edges towards 2018 launch
BFC Bank, a subsidiary of the Bahrain Financing Company money transfer group, has completed its mobilisation process and is preparing for a launch in early 2018. As reported last year, BFC received authorisation from the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA). After an initial “soft launch” for selected companies (such as SMEs […]
LA Ledger group calls for more participants
The Liquidity Alliance group of central securities depositories (CSDs) has called for further participants in their distributed ledger technology (DLT)-based LA Ledger prototype for cross-border mobilisation of security collateral.
Deutsche Bank unveils first paperless import payment solution in India
Deutsche Bank has launched the “first” paperless import payment solution in India with its TradePay system. TradePay uses the Reserve Bank of India’s (RBI) Import Data Processing and Monitoring System (IDPMS) to verify import payments by checking them against details made available by the client on the system, “eliminating the need for clients to share […]
Alastria blockchain consortium springs up in Spain
A variety of Spanish banking, energy and telecommunications companies have established Alastria, the “world’s first regulated national network based on blockchain”. The non-profit consortium will develop distributed ledger technology (DLT), which it believes is “set to become the new data exchange ecosystem”. As reported in May, the group created Red Lyra, the “first multisector technology […]
Standard Chartered gets personalised for investment ideas in Asia
This time it’s personal. Standard Chartered has launched a digital wealth management tool that can customise investment ideas in a lively and rapid manner. Called Personalised Investment Ideas (PII), the idea is to help “priority banking” clients respond faster to market opportunities with automated investment ideas based on considerations such as their risk profile and […]
DTCC assess fintech impact on stability
While financial technology startups and established players vie for attention on the exhibition floor at Sibos, the impact of fintech on financial stability is the subject of a new white paper from The Depository Trust & Clearing Corporation (DTCC).
