All posts tagged "SWIFT"
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1.8KAsia-PacificSWIFT, 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 -
2.1KEnforcementUPDATED – 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 -
1.1KInternational
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 -
1.3KAML / KYCUPDATED – Bangladesh Bank Files New York Lawsuit over Cyber Heist
Bangladesh Bank has filed a $66mn lawsuit against Philippines-based RCBC and others over the 2016 bank heist, where hackers stole $101mn from its account with the New York Fed.
February 4, 2019 -
1.3KFintech / Regtech
SWIFT to Test New Gateway Enabling gpi for E-commerce
The proof-of-concept will enable gpi payment initiation, end-to-end payment tracking, payer authentication and credit confirmation for on trade platforms.
February 1, 2019 -
813Market InfrastructureSGX Lowers Messaging Costs for Market Participants
SGX's adoption of SWIFT's CSD Community Offering for financial messaging is expected to reduce messaging costs by 50% for smaller market participants.
January 17, 2019 -
1.6KAML / KYCJPMorgan Hong Kong Fined for Inadequate AML/CTF Controls
An HKMA investigation found that JPMorgan Hong Kong failed to establish and maintain effective controls for handling wire transfers, conducting CDD and monitoring business relationships.
December 30, 2018 -
1.8KAsia-Pacific
All SWIFT Banks to Adopt gpi Payments by End-2020
Over half of SWIFT's cross border traffic now goes through as gpi payments, with full adoption by its 10,000 member banks expected by end-2020.
December 20, 2018 -
967International
SWIFT to Pilot Real-time Error Detection in gpi Payments
SWIFT gpi pre-validation service will ensure preventable errors and omissions are corrected before initial payment instructions are sent, reducing delays and costs for banks.
December 6, 2018 -
776Big Picture
Securities Sector Vulnerable to Cyber Threat – Report
The securities market is particularly vulnerable to cyber threats due to the large number of participants and infrastructures and the complex interactions involved.
November 22, 2018
