Sibos News
BAML boosts EMEA GTS team with internal promotions
Peter Jameson 3

Bank of America Merrill Lynch has made a series of internal promotions in its EMEA Global Transaction Services team.

Banks falling behind on liquidity monitoring says Swift
swift_logo_HighRes_sibos_2008_

Fewer than a third of banks are at the implementation stage of projects implementing the Basel intraday liquidity monitoring rules that come into force next month – and most believe that industry collaboration will be needed to achieve a successful outcome.

Swift shows real-time payments plans with Australia contract win

The hotly-contested contract to provide a real-time payments system in Australia has been won by Swift, which has announced plans to develop real-time retail domestic payment solutions and compete to deploy them internationally.

Earthport opens low-value payment route to China

Cross-border low-value payments service provider Earthport, has opened a new payment route into China to support trade payments into the region.

Corporates look for new funding options to release trapped capital

Corporate treasurers are increasingly looking beyond traditional of finance to a wider range of alternative funding options that support their working capital requirements, including supply chain finance, trade receivable securitisation and factoring.

Features
Starting over: Lloyds Banking Group’s transaction banking ambitions
Interview Ed smith

While a great deal of attention has been given to Lloyds Banking Group’s retail operations as its various elements are split up, less has been given to its activities in transaction banking, where it is “one year into a three-year journey” to transform itself and its customer offerings to create“the best global transaction bank in this region”.

Building a transformation vision
payments

This year marks the tenth anniversary of World Payments Report. In this extract from the report, which was launched at Sibos this week, the impact of innovation on payments is examined.

What’s not to like?

Social media technologies are gaining ground in both retail and wholesale banking, and there have been success stories so far.

Limiting collateral damage

A lack of available collateral to meet demand has become a global problem, with various models being deployed to ensure financial institutions meet the changing regulatory requirements.

Alternative realities

The debut of SAP’s Financial Services Network at Sibos last year led many to see it as a threat to Swift’s plans for corporate connectivity.

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