The Difference Between a camt.052, camt.053 and camt.054 10

I have had a couple of recurring questions about bank statements recently, and rather than responding to the individuals directly i thought it would be useful to address the question via a post. So, if bank statements are your thing check out my posts about the BAI2 and MT940 file formats. What is CAMT? CAMT ...

9 Cool Fintech, Security and Tech Graphics from Sibos 2017

9 Cool Fintech, Security and Tech Graphics from Sibos 2017
Okay, last post reflecting information from Sibos 2017. Here i share some of the graphics that i spotted over the 4 day Toronto conference which capture key cybersecurity, fintech and tech themes. Take a close look at the graphics, there are some pretty interesting messages and let me know what you think in the comments ...

8 Things I Learnt from Satya Nadella at Sibos, Day 4

8 Things I Learnt from Satya Nadella at Sibos, Day 4
For those that don’t know, Satya Nadella is the Chief Executive Officer of Microsoft, and succeeded Steve Ballmer in 2014. Satya closed Sibos in Toronto last week and following are the 8 key themes that i picked up on from his chat with SWIFT CEO Gottfried Leibbrandt. 1. The Need for Innovation has Never been Greater ...

The Future, Money Or Data? – Sibos Day 3

Okay, i know this is late – but better late than never, eh? On day 3, one of the best panel discussions was around the Future of Money. Here are my notes from the big issue debate which asked which is more important data or money? Data, the Digital Oil In the introduction Carmel Crimmins, ...

Calm the Tech Down – Sibos Day 2

Sibos Day 2 was a hectic day, starting off with a breakfast with Sir Tim Berners Lee (the inventor of the World Wide Web), which was supposed to be followed by a session on APIs in Financial Services – but that was full. So i went to the Cap Gemini World Payments Report session (more ...

Sharks, Cockroaches and Dinosaurs – Sibos Day 1

The first presentation of Sibos 2017 was “What does the future hold for banks – Evolution or Extinction?” Interesting topic to start with, eh? The panel consisted of bankers, a central banker and a techie. It was a lively presentation covering a range of themes – following are my notes: 4 Key Drivers of Change: ...

Sibos 2017 Toronto – Should I Stay Or Should I Go…?

It’s that time of the year where payment folks are thinking about Sibos – the annual SWIFT conference, which this year is in Toronto. If you check out the Sibos website – the recurring message is that “Sibos is the worlds premier financial services event“. It is running from 16-19th October, all the major banks, ...

Quick Summary: SWIFT On Distributed Ledger Technologies 2

Last year SWIFT released a paper – SWIFT on Distributed Ledger Technologies – highlighting the opportunities and challenges of distributed ledger technology in financial services. I know I’m a year too late (!!), but better late than never, eh? Anyway, following is a quick summary of the key points that i noted from the SWIFT ...

7 Cyber Security Points That’ll Impress Your Boss 4

Last week inadvertently ended up being a cyber security focused week. It started off with the post 8 Cybersecurity Payment Threats Highlighted by the EPC and on Thursday i went to the SWIFT Institute Cyber Security 3.0 – Better Together conference in London. I found it to be a fascinating day with cyber security insights from ...

The SWIFT Customer Security Programme EXPLAINED! 3

Anybody that uses SWIFT will have heard about the SWIFT Customer Security Programme, and in this post i will cover the main things you need to know. Right now, the SWIFT Customer Security Programme (CSP) is being validated and SWIFT are inviting the SWIFT community to give their feedback on the programme with a view ...