Global Payments & Transfers Insights

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Game-change: how unlocking working capital can drive growth

6th November 2018

Company: bobsguide
This article was originally published on our sister site Global Treasurer. The Working Capital Summit, held jointly in San Francisco and Chicago in October, was a game-changer for the industry in more ways than one. As Taulia’s Matthew Stammers explains, “In Europe, there are lots of events for senior financial professionals... read more
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SWIFT eyes bigger role with API standardisation, says head of standards

6th November 2018

Company: bobsguide
“APIs are new from a technological standpoint, but also what SWIFT has played for since inception,” said the company's head of standards, Stephen Lindsay, on the sidelines at Sibos 2018 in Sydney last week. Application programming interfaces (APIs) are currently being rolled out across financial services to allow... read more
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UK banking payments report: The race to become Open Banking ecosystem orchestrator

5th November 2018

Company: bobsguide
“Payments is now a new battleground,” says John Hutton, director of payments at Nationwide, “particularly with Open Banking and the adoption of Third Party Providers (TPPs) and Payment Initiation Service Providers (PISPs). Through that ecosystem a TPP can start to manage on behalf of a customer.”   If the convergence... read more
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Deutsche Bank’s Striano: Challengers face “loss of competitive advantage”

1st November 2018

Company: bobsguide
“On the topic of ‘challenger’ banks - while the underlying technology may be more adaptable, the requirement to do things differently to adhere to local regulations will ultimately end in the loss of competitive advantage; as opposed to building something in a much more homogenous environment where you only have to worry about one... read more
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A new leader for driving enterprise control

29th October 2018

Global financial institutions are experimenting with an essential new c-level position—the chief control officer—to ensure that organisational lines of defence are effective in fostering internal compliance, accountability, and transparency. But without the right data, they may still be feeling around in the dark. Oversight and... read more
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Finastra CTO: Data is the "big play" in firm’s new SaaS payment solution

22nd October 2018

Company: Finastra
Finastra revealed its cloud-based instant payments offering for small and mid-sized banks at Sibos 2018 today, in Sydney, Australia. The Fusion Global PAYplus packaged solution - which has a release date of Q2 next year - will enable tier three and four financial institutions in the EU and US to enjoy the benefits... read more
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Europe unwilling to grasp blockchain

18th October 2018

Company: bobsguide
A recent report, ‘Blockchain in Europe: Closing the Strategy Gap’, conducted by Cognizant, reveals there are several internal barriers stopping blockchain from becoming impactful. These include truly understanding use cases, and assessing their costs and benefits (51%). Yvonne Zhang, CEO and co-founder of tech outfit Aquifer... read more
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Open Banking fuels rise of BaaS

17th October 2018

Company: ONPEX
The financial services industry is well used to the as-a-service suffix. A service offered to incumbents by a variety of specialist third parties as well as the preferred model of operating for agile challengers, banking-as-a-service (BaaS) has grown in popularity -and looks set to solve some age-old pain points. And the BaaS revolution may... read more
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Blockchain in capital markets: benefits and challenges

12th October 2018

Company: Fathom London
Blockchain, or Distributed Ledger Technology (DLT), is one of the most hyped new branches of digital tech in recent history. Invented as the underlying framework to power Bitcoin, it is now being applied in some way to every industry, including capital markets. The potential applications of blockchain/DLT technology vary across sectors but have... read more
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Where next for the challenger banks?

11th October 2018

Company: bobsguide
As new challenger bank N26 comes to the UK market, the question of how far the challenger banks can go to dominating a customer’s financial life is being asked all the more frequently. When prompted on whether N26 would look to become the app for everything, Alex Weber, N26’s head of international markets, said the appetite for such... read more