FeaturesRSS

Compliance: back to basics

Cybersecurity

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.

Open Banking brings increased revenue to those who can collaborate

Amit Dua, Suntec

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.

De-risking in trade finance: time to act

Trade finance

As financial authorities express concern about de-risking in correspondent banking, a similar phenomenon is emerging in trade finance, driven by the high costs of KYC compliance.

Securities markets: standing at the crossroads

At the crossroads

Financial technology has the potential to radically transform the securities industry. The fast pace of change could lead to disintermediation, according to an Iosco study.

Regtech to the rescue

Regtech to the rescue

Regulatory technology (regtech) is often cited as the answer to the rising cost of compliance, risk and reporting duties at banks. Will it help financial institutions escape IT silos and enhance control over data?

Talking heads: real-time payments – instant gratification

Real-time payments are coming to you

With myriad domestic instant and real-time payments systems being deployed internationally, is the next logical step cross-border, real-time payments? We asked some Sibos delegates what they think.

Innovation hubs – where do you begin?

Innovation

Discussing the strategies banks can adopt to choose the right innovation partners.

Instant payments in Europe: moving from theory to practice

Carlo Palmers, Swift

We live in impatient times – everyone wants to be able to pay who they want when they want, instantly and regardless of location. The UK has had instant payments since 2008; Faster Payments volumes have exceeded all predictions and now exceed 135 million per month.

Real-time payments: forging path to the “new normal”

digital

Escalating customer expectations, regulatory requirements and technological developments are fuelling the need for instant payments. Market providers agree that real-time payments will be the “new normal” and, it’s not a matter of if, it’s a matter of when.

Liquidity management: real-time nostro time?

liquidity management

As part of its global payments innovation initiative, Swift and a group of banks have been trialling distributed ledger technology (DLT) in the reconciliation of nostro databases in real-time.

@banking
techno