Sibos News
Earthport opens low-value payment route to China
Uberoi: able to reach 80% of Chinese accounts

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
philip-kerle

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.

Another financial crisis highly likely, say Sibos delegates

There is a high risk of another financial crisis within the next 15-20 years, according to a poll of Sibos delegates yesterday. Those attending the regulatory reform session voted 74 per cent to 26 per cent that another financial crisis within that period was a high risk.

DCPs look beyond T2S cost savings to user benefits

Direct connectivity to the Target2-Securities settlement platform will give participants the opportunity to build new business models, access new markets more easily and deliver new services to clients, said a white paper, Taking the Direct Route to T2S: the industry view, released this week by Swift. Ten representatives of organisations that have decided to become directly connected parties (DCPs) were interviewed by Swift about their decisions to become DCPs and their plans for T2S participation.

Banks defend their payments turf

The launch of Apple Pay, the re-launch of PayPal as a separate company and the move to allow mobile operators to add payment for goods to phone bills across Europe are all threatening the hegemony of banks. But is it going to be as disruptive as many outside the banking world hope?

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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