The Asian Banker is excited and proud to be the official media partner of SIBOS 2022 in Amsterdam, Netherlands, the first physical SWIFT annual conference since 2019. We trust you will enjoy the SWIFT and transaction banking dedicated content, including daily event updates, that we have put together for you.
Digital innovation underpins industry’s resilience amid current turbulence and success in the future
In the first in-person SIBOS since the outbreak of COVID, SWIFT members gathered in Amsterdam to discuss digital innovation and progressive finance in an environment of increasing uncertainty and risk.After an absence of almost three years, the SWIFT community was back to meeting in-person at SIBOS 2022 in Amsterdam, the Netherlands. Many had looked forward to finally being able to meet face-to-face at this year’s annual SWIFT banking conference. More than 10,000 bankers and delegates were in attendance at the hybrid event, albeit those onsite kept hectic schedules at the over 190 exhibition booths, catching up and getting down to business with clients and peers that they have not met physically since the start of COVID.
The directory recognises leading practitioners in financial institutions who are shaping the transaction finance business on the regional and global fronts. The Asian Banker identifies, recognises, and tracks these practitioners on an ongoing basis through its List of Leading Practitioners (LLP) programme. It also profiles international and domestic institutions active in the transaction finance business, and captures key product and service capabilities. It also contains features, commentaries, and analyses that summarise the most pressing issues that the industry and key stakeholders face.
The Personalization of Finance is Here
This book outlines the transition that the finance industry will go through from its platform stage today into what Emmanuel Daniel calls the “Personalization of Finance”. He uses the story of the ice trade to describe a level of personalization never seen before. It will have a profound effect on how institutions, markets, and societies will need to function in the network age.
He uses the story of the ice trade to describe a level of personalization never seen before. It will have a profound effect on how institutions, markets, and societies will need to function in the network age. He introduces the term "financialization of everything" to describe how digitization will transform entire economies, enhance their receptivity towards cryptocurrencies and blockchain, and how new trends such as gaming will shape the personalization of society. This book is especially useful for founders, disruptors and policy makers in finance looking for original ideas on finance, economics, and society shaping the industry today.
Financial inclusion goes beyond just having a bank account, said Emmanuel Daniel, founder and chairman of Wealth and Society, to Robert Rubinstein, chairman of TBLI Group. Daniel said governments also should promote financial literacy and facilitate access to digital assets.
Financial inclusion is a cornerstone of economic development, yet how the industry ascertains its success is often less exacting than what the numbers suggest.
Seventy-six percent of adults now have a bank or mobile account, according to a 2021 World Bank report, compared with 51% a decade earlier; that would seem like a conclusive win to many pro-inclusion advocates. Not so, said Emmanuel Daniel, founder and chairman of Wealth and Society.Read More
The Transaction Finance Working Group is a membership-based research programme for decision-makers in the transaction and corporate banking industry.
As your corporate and business customers navigate the complexities of the post pandemic "new normal", it is now more important than ever to learn sustainable and innovative strategies and be able to foresee the future roadmap of your peer transaction banks, as you complete for the customers' wallet share across cash and treasury management, trade and supply chain finance, and payment services.
Sibos Round Up
Against a backdrop of legacy technology challenges and surging real-time payment volumes, the pressure for the industry to collectively upgrade the existing...
In the first in-person SIBOS since the outbreak of COVID, SWIFT members gathered in Amsterdam to discuss digital innovation and progressive finance in…