Sibos 2013
Delegates Focus On Collaborative Innovation And Dealmaking

By Andrea Fiano

 

sibos-a-conference-2013Nearly 7,000 bankers, corporate treasurers and software vendors from around the world are converging on Dubai’s World Trade Centre for SWIFT’s annual Sibos conference, which has become the leading networking event of the year for the financial services industry.

 

Sibos is much more than a super-conference (with 200 sessions) and an exhibition hall that takes 20 minutes to walk from one end to the other. The conference has come a long way from the first meeting in Brussels in 1978—when Sibos had just 300 participants. In pre-conference interviews, bankers planning to attend Sibos 2013 said they are ready to sign many deals and to roll out sophisticated new product offerings.

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Corporate Stream Gets Deeper And Swifter In Dubai

By Denise Bedell

 

sibos-b-corporate-forumGiven SWIFT’s increasing focus on attracting a corporate audience, it is unsurprising that the corporate stream at the annual Sibos conference in Dubai is channeling deeper than it has in the past.

 

The Corporate Forum (see the agenda here) boasts a plethora of events tailored to help corporate treasurers, IT people and financial executives get a better handle on how and why SWIFT access makes sense for corporate users.

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Emerging Markets Cash Management And Payments Take Center Stage

By Gordon Platt

 

sibos-c-mideast-bankingOne key focus of the Sibos gathering in Dubai will be emerging payments and transaction banking opportunities in the fast-growing Middle East region, and in emerging markets more generally.

 

The use of social media and mobile services is helping bankers to reach the unbanked masses and family-owned businesses in the region. In countries such as Egypt and Iraq, only 10% of the adult population has an account at a formal financial institution. Small-value, cross-border payments are big business in a region that depends so largely on foreign workers.

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Emerging Markets Payments To Grow Dramatically, Corporates Want On-Time and Cheap Payment Delivery

By Andrea Fiano

 

sibos-d-world-payment-reportThe total volume of noncash payments in the world reached a total value of $333 billion in 2012, with a growth of 8.8% over 2011. While North America and Europe still dominate the payments landscape with a 76% market share, growth is increasing in countries like China (+32.7%) and Russia (+18.1%).

 

These are some of the conclusions of the 9th annual World Payment Report (WPR), published by Capgemini and RBS—and presented today at the opening of SWIFT’s annual Sibos meetings in Dubai.

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