Banking On CIPS And ISO 20022

CIPS as a “game changer.” With the ability to handle cross-border renminbi clearing for both onshore and offshore participants, CIPS is expected to improve foreign corporates' access to RMB and to accelerate the pace of the currency's internationalization.

From The Winners @ IMF 2014

From The Winners @ IMF 2014

INTERVIEWS:
Global Finance honored the winners of its 2014 World's Best Bank Awards at a ceremony held during the IMF/World Bank Annual Meetings in Washington, DC on October 11, 2014.

These videos feature top executives from the world’s leading financial organizations discussing key issues, marketplace conditions and the economic outlook for regions around the world.

From The Winners @ SIBOS 2014

From The Winners @ SIBOS 2014

Inside Sibos | Video
Global Finance honored the winners of its 2014 Transaction Processing Awards at a ceremony on Oct. 1, 2014 at the Harvard Club in Boston, MA during SIBOS 2014.

Our editors interviewed representatives from winning organizations at the event and on the conference floor.

Seeing Opportunity In Obstacles

Seeing Opportunity In Obstacles

Inside Sibos | Day 3
“Global Transaction Banking is the fastest growing unit in Société Générale,” says Christian Behaghel, head of GTB at Societe Generale. “It is a very stable business, and while we generate something like 6% of the total revenue of the bank, we are experiencing growth of our revenue of 10-15% a year.” This compares, he says to some areas of retail banking that have 0-2% growth a year.

Trade Finance Goes Digital

Trade Finance Goes Digital

Inside Sibos | Day 3
This year’s Sibos event is set to see a greater focus on the use of technology to support trade. Since the launch of the Bank Payment Obligation (BPO), and the publication last year of the Uniform Rules for Bank Payment Obligation (URBPO) by the International Chamber of Commerce, adoption of the new instrument has been gradual—but across the industry there is increasing focus on how technology can be deployed in an area traditionally dominated by paper.