Global Payments & Transfers Insights

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How Brexit will shape the payments landscape

29th March 2018

Company: bobsguide
Brexit stunned financial markets. As regulators in Paris were in the midst of establishing the largest set of rules to define European markets ever - in the second Markets in Financial Services Directive (Mifid II) - the UK’s determination to leave the European Union caused uproar across the continent, raising a multitude of questions for... read more
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Why blockchain won’t save payments…yet

27th March 2018

Company: Hyperwallet
It seems like we can’t go a single news cycle without a dozen or so articles outlining the catastrophic plunge or meteoric rise of any one of the hundreds of cryptocurrencies now flooding the market. While it’s great to see innovation in the financial arena, I can't help but wonder: should the payments sector really be a place where... read more
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Why working in silos is a killer when battling financial crimes

26th March 2018

The term ‘financial crimes’ often brings to mind issues such as fraud, lottery scams or credit card skimming, but today there are far-reaching crimes that many fail to consider. This includes money laundering, human and drug trafficking, the financing of terrorism, and the bribery of public officials, all of which are much broader... read more
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How ISO 20022 is driving the Canadian payments migration

26th March 2018

Payments infrastructures worldwide are facing intense pressure as the pace of change in the payments ecosystem continues to accelerate. End users demand faster payments and service providers want to be able to offer new services that differentiate them, while at the same time regulatory demands are increasing. In Canada, as in many other... read more
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The evolution of correspondent banking | Editor’s picks

23rd March 2018

Company: bobsguide
For many years correspondent banking was something of a forgotten element in financial services. The main reason for this was inertia in the market; banks were perfectly content with their correspondent banking relationships and the utility of the SWIFT network, which evolved little for decades. All that has changed in the past decade, and the... read more
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Embracing real-time payments: Challenges and opportunities

21st March 2018

Company: Pelican
Since the introduction of ACH payments around forty years ago, the infrastructure of the US payment system has remained relatively stagnant. The last few months, however, have seen a significant shift – arguably the most major since the 1970s – with large banks accelerating the adoption of real-time payments (RTP) schemes. Indeed, an... read more
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Open Banking and data protection: Friends or foes?

14th March 2018

The first half of 2018 sees the implementation of two major pieces of regulation – the Payment Services Directive (PSD2, which went live in January 2018) and the General Data Protection Regulation (GDPR, going live in May 2018), both laying important foundations to pave the way for a better and brighter digital economy.  With PSD2 key... read more
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The quiet revolution of Cloud technology | Editor's picks

9th March 2018

Company: bobsguide
If history has taught us anything, it's that nothing turns out the way it was thought it would: the Titanic never arrived, a certain president became president and the great warrior Attila the Hun died the glorious death of a nose bleed.  The same too can be applied to financial technologies. For all the hype around current... read more
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How to achieve friction-free digital finance

6th March 2018

Company: EASY SOFTWARE UK
Despite their many world-beating qualities and efficiencies, British businesses are still surprisingly poor at a very key business process: making sure they get paid – and pay who they owe. This is happening partly because too many business workflows are even today, still on paper, not being done digitally. Research from Gartner, for... read more
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PSD2: Sorting fact from fiction

1st March 2018

Company: Tink AB
For those in the industry PSD2 has become a familiar acronym. In simple terms, the EU directive puts ownership of financial data back in the hands of the consumer. For consumers, who are only now waking up to the implications of this new directive, there’s significant confusion around the new rules and what they mean for the way they... read more