Financial Services/Finserv


Microsoft looks to secure clouds with Project Cerberus

Microsoft is looking to make cloud infrastructure safer at the hardware level with a new offering called “Project Cerberus,” which is the company’s latest contribution to the Open Compute Project (OCP), reports Enterprise Cloud News (Banking Technology‘s sister publication). Company engineers unveiled Cerberus at Zettastructure, the European digital infrastructure conference, which is taking place this […]

Mobey Day Barcelona: disruption, money and forward thinking

This year’s Mobey Day continues with the consistent collaboration between banks, start-ups and fintechs. Focusing on the development of technology during a time of disruption, the biggest players drew attention to leading in future challenges and trends.

Avoid a bank branch nightmare this Halloween

Trick or treat! It’s Halloween and brands everywhere are using spooky season as a way to have some fun with customers. However, any ghoulish behaviour belongs firmly in the land of fun, and should not creep into everyday customer interactions

Fintech funding round-up: 27 October 2017

Just when you thought there couldn’t be more; the latest stories from the fintech funding world returns for another round. Features Constellation, Credit Sesame and Jirnexu.

Map: fintech landscape

A very detailed map of the current fintech landscape, produced by VentureBeat, listing hundreds of companies in the banking, payments, investments, financing, insurance, infrastructure and enabling technologies verticals.

SIBOS Interview: SOCGEN digital transformation and collaboration as business model

Pascal Augé, Head of Global Transaction and Payment Services, Société Générale, talks about the bank’s digital transformation project and collaboration as a business model. Follow us on Twitter @DailyNewsSibos Read all the latest news and views from Sibos 2017 online here or pick up a free print copy of Daily News at Sibos if you are […]

SIBOS Interview: SOCGEN – the impact of digital transformation

Bruno Prigent, Head of Societe Generale Global Securities Services, and Mathieu Maurier, Head of Coverage at Societe Generale Global Securities Services, discuss the impact of innovation and digital transformation in the securities services industry. Follow us on Twitter @DailyNewsSibos Read all the latest news and views from Sibos 2017 online here or pick up a free […]

Corporate banking: clear sky thinking

Swift’s global payments innovation (gpi) has taken giant steps towards solving many of the challenges corporates have faced with cross-border payments.

Blockchain: a world of possibilities

Amid the hype around distributed ledger technology and blockchain it can seem they are technologies looking for solutions. In the heavily paper-based business of trade finance, such technology looks promising and progress is being made elsewhere.

Sibos 2017: treasurers look to tech to untangle knots

Untangling the “knots” at global treasuries, especially with regard to bank maintenance issues around know your customer (KYC) and other compliance activities, was the theme of a corporate treasury session yesterday (18 October) at Sibos.

Sibos 2017: the future of money

What’s more valuable today, data or money? Today’s “The Future of Money” discussion at Sibos had “the new oil” – data – firmly in its sights.

Sibos 2017: embrace the change or get out of the way!

At today’s (18 October) panel discussion at Sibos, user experience (UX) and organisational culture were put to the fore. What does it take to create a simple yet meaningful UX? And what role does an organisational culture play in it?

JP Morgan’s Quorum blockchain powers new correspondent banking network

JP Morgan, and Royal Bank of Canada (RBC) and Australia and New Zealand Banking Group (ANZ), have launched the Interbank Information Network (IIN) – using blockchain for the payments process. According to JP Morgan, processing global payments is very complex. Multiple layers of communication occur amongst payment participants to verify and process transactions. By using […]

Low cost correspondent Swift access

Swift has launched Correspondent Banking Suite, a solution targeting small to medium sized correspondent banks that are seeking cost-effective access to the Swift network.

Compliance: back to basics

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.

Sibos 2017: APIs – a holistic approach

In today’s (17 October) session at Sibos, API in financial services: the key to the future?, the discussion panel participants were in agreement on the following: if your want your API strategy to work, you’ve got to have a holistic approach to it across the organisation.

De-risking in trade finance: time to act

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.

BNP Paribas and EY explore private blockchain for treasury operations

BNP Paribas ALM Treasury and EY have completed a pilot demonstrating the use of blockchain to improve global internal treasury operations for the bank. The ALM Treasury department, which manages the bank’s internal ops, at the service of all three operating divisions of the group, carried out the pilot, tested internally this summer. According to […]

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?

FIS and Citi team up for real-time payments for corporate treasury

FIS and Citi Treasury and Trade Solutions are working together to enable real-time payments and cash management for their corporate treasury customers. Using the CitiConnect application programming interfaces (APIs), FIS has connected its Trax corporate payments factory to the suite of Citi Treasury and Trade Solutions – enabling integration with Citi’s core treasury management functionality, […]

Cybersecurity: into the data breach

Cybersecurity has become a significant issue as attacks are increasing. In the new payments ecosystem, where third-party developers can directly interact with banks’ customers, data privacy and security become paramount, according to the World Payments Report 2017.

IBM, KlickEx Group and Stellar unveil cross-border payments solution

IBM, KlickEx Group, a regional financial services company, and Stellar, a non-profit organisation that supports an open source blockchain network, have unveiled a new regional cross-border payments solution using IBM’s blockchain technology to provide clearing and settlement of trades on a single network in real time.