Sibos 2019 related blogs

This year we focused on three relevant and hot topics: Instant Payments, Open Banking and Future Developments. We created a special series of Sibos-related blogs around these topics, based on presentations and panel discussions that took place during Sibos. We invite you to read these interesting insights.

Do we need regulation to speed up the development of an interoperable cross-border Instant Payments network?

Looking at the development and availability of cross-border IP for European consumers and businesses, there is plenty of room for improvement. Global Head of Transaction Services ING  talked about his vision on the development of an interoperable cross-border IP network.
Read the blog

The positive vibe around Instant Payments

Instant payments (IP) are becoming the new normal. It appears that across the world people are convinced about the value of this payment method. During the session ‘Are my payments operators ready for a real-time 24/7 world?’, an overwhelming majority responded that their payments operators already are or soon will be ready for this payment method.  
Read the blog

Latin America, even though regions differ quite a bit none of them can escape the digital transformation

Latin America is facing a unique situation: it has a low percentage of bank customers, while the vast majority do own a mobile phone.  Even though digitization in Latin America is not going as fast as in Europe, technological developments may very well accelerate in the coming years. 
Read the blog

Is there a need for one single payments processor in Europe?

What are the major transitions in the world of payments? When will this method become the ‘new normal’ in Europe? How is equensWorldline keeping on top of the innovation curves? Listen to the Sibos 2019 InstaPay podcast, where Lauren Jones sits down with CEO Michael Steinbach to discuss trends in the payments industry.
Listen to the podcast

Use your resources where you can make a difference to your customers

According to Helle Koggersboel of equensWorldline, banks put a lot of their resources into compliancy. But: this is just keeping your head above water without doing anything extra for your customers.  Instead, they should look for partners who can solve the compliancy issues and focus on where they can make a difference for their customers. 
Read the blog

CEO Christian Sewing of Deutsche Bank remains optimistic in these turbulent times

According Deutsche Bank it is a turbulent time. In his presentation at Sibos, the CEO was not so much referring to the largest restructuring of the German bank ever, but to the geopolitical tensions that are jeopardizing global economy. "The situation in Hong Kong, the trade war and the Brexit. are risk factors that bite.”
Read the blog

Wrap-up Sibos: Instant Payments is here to stay and banks need to act quickly

The annual banking and financial conference is growing every year. This is no surprise as the future of the payments world is extremely dynamic and this makes it so exciting. To manage these dynamics, collaboration is a key topic for the coming years. Collaboration among banks, with fintechs and bigtechs. 
Read the blog

BCG sees growth opportunities for the incumbents

The Boston Consulting Group (BCG) presented its annual Global Payments Report at Sibos 2019. The report concludes that there are plenty of growth opportunities for incumbent payment providers. BCG illustrates how regulation, consolidation and innovation are changing the payments space, and urges incumbents to act quickly. 
Read the blog

Citi delivers the ultimate wake-up call for banks

Open Banking is a test case for the banking industry. Can banks move into the 21st century, or will they leave a vacuum that will be filled by bigtechs and fintechs? 
This question by Tony McLaughlin, Emerging Payments & Business development at Citi, reflects the urgency for banks to ”show up” in the Open Banking space. From his story it became clear that time is running out.
Read the blog

SIBOS 2019 day 1: New challenges due to Open Banking and the benefits of Instant Payments

The first day of Sibos showed that stakeholders in the market have embraced the importance of APIs.  APIs play a crucial role in enabling customer data to third parties in the age of Open Banking. This means that APIs are no longer seen as a difficult technical matter, but as a crucial building block for the future. 
Read the blog

Looking ahead to Sibos 2019: five questions to Tom Nijenhuis

Tom Nijenhuis, Division Manager Corporate Affairs at equensWorldline, will attend several sessions and discussions, collect interesting views and will share his insights via live blogging from London. And he's looking forward to it! Are you interested to see and hear what are the expectations for Sibos, and which topics have our special attention?
Watch the video

‘The SPL scheme could be seen as a possible building block towards the development of pan-European payment solutions’

In this blog Christophe Godefroi, Senior Expert Standards and New Developments at the European Payments Council (EPC), talks about where we stand with the SPL scheme and what the value of this scheme is. 
Read the blog

Nordea was one of the first banks to open up to fintechs: ‘We treat developers as customers’

Finnish bank Nordea was one of the first banks to launch a fully functional development portal. Now, more than 4.500 fintechs are using the test environment (sandbox) in the portal.. Liisa Kanniainen, Strategic Partner at Nordea, explains the challenges and learnings that Nordea encountered.
Read the blog

Mallekoote on the Dutch implementation of instant payments: ‘The commitment of the banks was crucial’

Six months after the moment that seven banks in the Netherlands switched to instant payments, this payment method is fully operational. CEO Piet Mallekoote of the Dutch Payments Association talks about the challenges and learnings of this large-scale implementation.
Read the blog

‘Development of instant payments is supporting a progressive integration of European payment structures’

The impact of PSD2 and Open Banking is not yet as striking as Jean Clavel expected years ago. “Impact at scale is taking more time than we thought”, says the Managing Director & Partner of The Boston Consulting Group (BCG) about new developments driven by PSD2. 
Read the blog

Head of Sibos Chantal van Es: ‘The value of face-to-face meetings in the finance world still holds true today’

In late September, Sibos will arrive in London, one of the financial centres of the world. It is the first time that this annual banking and financial conference, organised by SWIFT, takes place in the English capital. 
Read the blog

Subscribe to our newsletter

During Sibos, we will report on numerous sessions and panel discussions, in order to share the latest insights with everyone who's interested in what's happening at Sibos. You can receive these reports - straight from London - automatically by subscribing to our online newsletter. 
Subscribe now