Sibos - News, Articles & Research: Finextra

Sibos 2021: What will Industry 4.0 and 5.0 mean for the financial sector?

Opening Swift Innotribe’s red thread – Banking on Change – on day one of Sibos 2021, was theoretical physicist, futurist and science communicator, Dr Michio Kaku. Known best for his seminal work on string theory, Kaku analysed science’s contribution to wealth generation since the first industrial revolution, and made predictions as to how further technological innovation, particularly artificial intelligence (AI), will steer the financial services sector through the fourth and fifth industrial revolutions, this century.

11 October 2021

/Sibos

Sibos 2021: Digital identity for an interoperable and accessible future

Diving straight in to substantive content on day one of Sibos 2021, Brad Carr, managing director of digital finance at the Institute of International Finance led discussion during the morning panel ‘Digital Identity – Balancing between convenience and trust.’

11 October 2021

/Sibos

EBA Clearing, Swift and TCH test instant cross-border payments

Banks from both sides of the Atlantic have successfully exchanged real-time cross-border payment messages as part of a proof-of-concept trial conducted with Swift, EBA Clearing and The Clearing House.

11 October 2021

/Sibos

UK banks plan to grow partnerships with fintech firms in wake of pandemic

More UK financial institutions are targeting acquisitions and partnerships with fintech firms to boost their position in the post-pandemic market, according to a report from Lloyds Bank.

11 October 2021

/Sibos

McKinsey: Firms should prepare for the ‘inevitable changes’ of CBDC

McKinsey’s annual Global Payments Report released on day one of Sibos 2021, outlines a positive, albeit unbalanced, return to growth across the sector after Covid-19, underscoring the action firms should take in anticipation of widespread digital currency adoption.

11 October 2021

/Sibos

UniCredit and JP Morgan employ Swift Go for payments between Europe and US

Utilising the banking cooperative’s low value remittance solution, UniCredit and JP Morgan have partnered to allow small businesses and consumers send fast and secure near real-time cross border payments at a competitive price with Swift Go.

08 October 2021

/Sibos

Sibos 2021: Finextra's bespoke channel to deliver tailored conference highlights

Since 2003, Finextra Research has partnered with Swift to bring you a special-purpose financial services news channel, designed to keep Sibos attendees and the wider global banking community up-to-speed with news and views direct from the conference.

01 October 2021

/Sibos

BIS: CBDC and DLT combo outperforms correspondent banking system

A prototype of multiple central bank digital currencies (mCBDCs) developed by the Bank for International Settlements and four central banks has demonstrated the potential of using digital currencies and distributed ledger technology (DLT) for cheaper and safer cross-border payments and settlements.

28 September 2021

/Sibos

Swift hires JPMorgan Chase's Hunter to lead Americas and UK business

Swift has appointed John Hunter, the former boss of JPMorgan Chase's global clearing services, as its chief executive of the Americas and UK region.

03 September 2021

/Sibos

Canada's high-value payment system launches

Payments Canada has launched Lynx, the country's new high-value payment system, which has been built with technology partners IBM and SIA.

01 September 2021

/Sibos

Reserve Trust secures $30.5 million Series A

Reserve Trust, an alternative to banks for companies wanting to access real-time payment rails, has secured a $30.5 million Series A investment, led by QED Investors with participation from FinTech Collective and Ardent Venture Partners

06 August 2021

/Sibos

Swift appoints former Standard Chartered Ciso Cheri McGuire as CTO

Banking co-operative Swift has appointed Cheri McGuire, the former group chief information security officer of Standard Chartered, as CTO.

02 August 2021

Latest news