All posts tagged "SWIFT"
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549Fintech / RegtechNew Global Blockchain Association INATBA Takes Shape
SWIFT, Ripple, Accenture, Barclays, BBVA, Deutsche Börse and R3 are among the 105 founding members of the International Association of Trusted Blockchain Applications.
April 15, 2019 -
1.2KAML / KYCSWIFT Details Critical Factors for Effective Cyber Defence
Asian banks must accept they are more susceptible as the initial target for fraudulent payments, as well as the receivers, with over 83 per cent of cases based in the region.
April 12, 2019 -
342Australia & NZAustralia Consults on Payments System Migration to ISO 20022
The RBA and Australian Payments Council have issued a consultation to help the industry agree on key strategic decisions for migrating the payment system to ISO 20022 by end-2024.
April 10, 2019 -
884International
SWIFT Sees Growing ISO 20022 Adoption in Asia Pacific
SWIFT has released a new report on the state of adoption of the ISO 20022 financial messaging standard among Asia Pacific securities market infrastructures.
April 3, 2019 -
369EnforcementIndia’s PNB Fined for Non-Compliance with SWIFT Norms
The fine is significant because it was at Punjab National Bank where the $1.8b fraud occurred that prompted the RBI's order for banks to link their core systems with SWIFT.
March 27, 2019 -
391Asia-PacificPhilippines’ RCBC Sues Bangladesh Bank for Defamation
In the latest twist in the Bangladesh Bank cyber heist saga, Philippine lender Rizal Commercial Banking Corp has filed a defamation suit against Bangladesh's central bank.
March 15, 2019 -
802EnforcementSWIFT Related Fines Imposed by RBI Total $10mn Across 36 Banks
The number of banks fined by the RBI for failing to integrate their core banking systems with SWIFT has now risen to 36, with fines totaling $10.16mn.
March 11, 2019 -
812Asia-Pacific
SWIFT, SGX, SLIB Join Forces to Test Blockchain Based e-Voting
SWIFT, SGX, and software firm SLIB will collaborate with DBS, Deutsche Bank, HSBC and Standard Chartered to test the use of DLT in e-voting in Asia Pacific.
March 6, 2019 -
1.5KEnforcement
UPDATED – RBI Fines Multiple Banks for SWIFT Integration Non-Compliance
The penalties follow directions issued by the RBI in February 2018 requiring banks to link their core banking systems with the SWIFT network.
March 5, 2019 -
608International
SWIFT Publishes Counterparty Cybersecurity Risk Guide
The guide assists organisations in incorporating their counterparties' cybersecurity self-attestation data into their risk management frameworks and governance models.
February 19, 2019
