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It is surprising to find nothing on the agenda of SIBOS conference or the SWIFT Payments Market Practice Group about the recent court decision that negates vital content of the SWIFT Message Reference...
Harry Newman, Head of Banking, SWIFT Domestic payments are getting faster and faster. Real-time and instant are now synonymous with the transfer of value between businesses and consumers. How is this ...
Open banking - the concept of using an open API technology to enable third-party software providers and banks to build new, customer-centric financial applications and services - has the potential to ...
Technology is a starting point — the end goal is to use it to regain control of change management. REDUCING EQUATIONS There’s nothing new with banks being compelled to transform to keep relevant. As e...
When Open Banking and the open APIs it allows came on the scene, it presented a huge opportunity for financial institutions to broaden the type of services on offer their customers. As a result, a pri...
Application Programming Interfaces (APIs) in payment processing are gaining traction globally. In addition to open banking, they are now being used end to end in the payment value chain – linking inte...
Over the past few years, the SWIFT community has been on a remarkable journey. We've taken a giant leap towards revolutionising the cross-border payments experience for thousands of banks, corporates,...
At Sibos this year I noticed a lot of references in keynote sessions to the Fourth Wave of the Industrial Revolution, the ensuing shake-up of the jobs market, and how this would apply to the financia
Sibos 2018 saw representatives of the main cloud players in financial services with AWS, Google Cloud, IBM and Microsoft Azure filling seats on panels and providing a cloud technology perspective on
Artificial Intelligence was everywhere at Sibos 2018. Not in the form of sentient bots roaming the halls (although Accenture did have a humanoid robot on their stand), but in the content of plenaries,...
Both in life and in banking technology, few have the luxury to start over with a clean slate. Banks usually have to build upon the investments (and mistakes) of prior years. Banks built their entire b...
What can financial institutions around the world learn from Europe’s early attempts at digital banking freedom, and how can they accelerate the ROI? As the shift towards open banking gains speed, i...