It’s been estimated that 96% of corporate innovation initiatives fail. Another form of innovation, startups, actually fare worse, with fewer than 1% succeeding. Yet over the last 80 years, the startup and venture capital industry has consistently generated outsized returns from investments in innovation
Join us at the NPP cocktail reception to celebrate the success of the New Payments Platform (NPP) on the SWIFT Stand (A39 - Level 1).
This event will also showcase our solutions to new prospects and existing customers.
While it is critical to stay aware of the many interesting ideas and technologies challenging the future of payments, we need to have a relentless focus on helping people thrive in a complex world. Westpac and Assembly come together to discuss the forces of change in payments and financial services and how they are collaborating to design and deliver innovations that power an improved customer experience.
Description – The RTPG has published usage guidelines for several ISO 20022 messages to promote the development of both domestic and cross-border RTP initiatives. Members of the RTPG Core Group and representatives from local markets will report on how these usage guidelines are being used and how they are providing value in the take-up of RTP. The RTPG will also present a panel of subject matter experts that will focus on industry initiatives which are contributing to the development of the real-time payments ecosystem, in both local and cross-border markets.
SWIFT’s Sanctions Testing experts demonstrate how regular testing using our community
-inspired tool is helping leading banks demonstrate sanctions compliance to their senior management and overseers, while tuning for achieving enhanced screening effectiveness and operational efficiency.
Correspondent banking is evolving – fast! Innovation in this space is great news for end customers and provides new opportunities for banks to add increased value. The role of technology is huge, but it is only an enabler. How banks affect positive change for themselves and their customers has as much to do with putting in place the right people and processes that make innovation possible. In this session, we’ll discuss how banks need to organise themselves to inspire and launch new ideas, and what it takes to win the war for talent and create super teams in the 21st century.
With hyper-connectivity becoming the new norm, banking APIs are expected to proliferate rapidly enabling an ecosystem of banks, corporates and FinTechs to combine services. Reach, standardisation and security remain the key problems to solve in an API-connected environment. Let’s take a closer look at how the industry is evolving and how APIs will support a new way of communication.
With regulations like PSD2 in Europe and many other open banking initiatives around the world, banks and FinTechs are developing new collaboration models. If you are interested to hear more, come and join us for this expert session where we will discuss what we see in the market at the moment and what trends are developing further.
When replacing mission-critical software such as a financial messaging system, banks need to face migration challenges and solve new problems to adhere to the changing landscape. In this session we will zoom in on the ups and downs an AMH customer had on their journey of replacing their messaging systems by AMH. What are the pitfalls and what can we learn from them? What opportunities brought additional value? How did the bank join forces with SWIFT Professional Services?
Following the SWIFT Conference Room session 'Instant Payments - really a real-time reality?', meet the experts from the panel, EBA (RT1 clearing), ECB (Eurosystem's TIPS) and AU-NPP. Also attendng is the SWIFT Institute's Professor Juan Giraldo, co-author of a Research Paper on Instant Payments.