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, 2019The penalties follow directions issued by the RBI in February 2018 requiring banks to link their core banking systems with the SWIFT network.
March 5, 2019The guide assists organisations in incorporating their counterparties' cybersecurity self-attestation data into their risk management frameworks and governance models.
February 19, 2019Bangladesh 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, 2019The proof-of-concept will enable gpi payment initiation, end-to-end payment tracking, payer authentication and credit confirmation for on trade platforms.
February 1, 2019SGX'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, 2019An 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, 2018Over 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, 2018SWIFT 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, 2018The 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