Heartland To Settle Class Actions Over Cyber Breach December 22, 2009The payment processor agreed to submit the report of an independent expert on its plans to improve the security of its computer system since the announcement of the cyber breach on January 20, 2009. Anne Noonan Named Chief Systemic Risk Officer at DTCC November 09, 2009 Perago to Implement Interbank Payments System for Palestinians September 28, 2009 SWIFTNet Goes Live in Hong Kong for High-Value Payments July 30, 2009SWIFTNet goes live in Hong Kong for high-value payments, as ClearingHouse Automated Transfer System and Hong Kong Monetary Authority switch from proprietary networks. J.P. Morgan Introduces Total Settlement A/P Tool July 23, 2009 RealEC Connects Lenders to Mortgage Services Providers June 19, 2008Commerce Bank manages mortgage services providers via a collaborative partner network. Citi Launches White-Label Settlement Service May 01, 2008Citi's new foreign exchange (FX) service aims to help emerging economies lower settlement risk by settling both sides of the trade simultaneously. Cross-Border Payments: What Role Do Banks Play in Remittances? October 22, 2007The global remittance market offers a huge opportunity for banks -- if they can find an efficient delivery mechanism, says Sibos panel. Payment Card Business Still Offers Variety of Opportunities for Growth June 25, 2007The future of cards is still bright, but the sky's the limit on just what form card payments will take. Campos to Succeed Schrank as CEO of SWIFT March 06, 2007SWIFT's incoming head sees a bright future for the payments messaging organization as it evolves to serve new markets and customer segments. Lending Players to Create Standards for Commercial Loan Space October 31, 2006 Lending Players to Create Standards for Commercial Loan Space October 17, 2006 SVPCO Adds Settlement to Image Exchange September 06, 2005Combination grants competitive edge, according to payments execs. Comprehensive Controls August 30, 2005Banks must implement risk management across the enterprise.
Big Deals August 30, 2005 Industry Requires ’Macro’ Risk Management, BIS Exec Says October 26, 2004Transformations within the financial industry have led to transformations in the risks faced by the industry. Clearing and Settlement September 27, 2004Technology can be a powerful ally for banks looking to streamline their clearing and settlement processes and mitigate settlement risk. But to effectively compete in the global arena, financial institutions will have to adopt standards and work together. IBM’s SWIFT Expert Describes Industry Transformation September 20, 2004Strategic transformations in the financial industry include the bank/corporate relationship and the consolidation of back offices at European banks. Financial Institutions Make Time for Real-Time Nostro August 30, 2004Cable & Wireless provides Citibank and others with aggregated cash positions. Banks Hear Customers Loud and Clear August 30, 2004By leveraging speech technologies, banks are improving customer service and cutting costs.