Global Payments & Transfers Insights
17th September 2018
The regtech market is growing, and will become of increasing importance for financial institutions in the months to come. But for Erkin Oksel, CEO of regtech organisation EyesClear, an ingrained culture is preventing banks from investing in technological innovation.
“The people in the banks should be appraised and should be supported when... read more
17th September 2018
The costly card payment acceptance fee is among the most frequently cited complaints of small businesses across Europe.
Small merchants, a slave to ‘cash only’ and the swift departure of ‘card only’ customers from the shop, used to mean that commerce and transaction were lost for good.
But, it would seem the... read more
16th September 2018
Winning, or even succeeding, in today’s global market requires a new set of tactics. Manoeuvring through the rapidly changing landscape demands a wider and yet more detailed map. Gone are the days when providing a faster, better, cheaper solution is all it takes to stay ahead of the competition. Indeed, the only way for banks and financial... read more
10th September 2018
It seems a long time ago that QR (Quick-Response) codes were introduced to the world, appearing on everything from boarding passes to business cards. But they might just be coming into their own as a pan-European mobile payment solution, in a big way.
In Asia’s emerging markets, consumer habit has largely been informed by the phenomenon of... read more
6th September 2018
Successful business owners require a clear understanding of their company’s financial positioning, establishing whether their security holdings and cash balances have breaks. In 2018, everyone wants to get this information quickly, correctly and cost-effectively.
In bookkeeping, a bank reconciliation statement reveals the difference on an... read more
4th September 2018
TSB Bank has announced that CEO Paul Pester is stepping down from his position after seven years. Richard Meddings, current non-executive chairman, takes on the role of executive chairman with immediate effect.
"Although there is more to do to achieve full stability for customers, the bank’s IT systems and services are much improved... read more
31st August 2018
“As Trump threatens a trade war with Beijing, companies around the world are all the more concerned with how they get money in and out of China,” said Raymond Qu, CEO of Geoswift, in a bobsguide webinar on August 30.
“Ultimately a trade war is not good for anyone,” responded Skyler Webster, product lead for Western... read more
29th August 2018
The UK's Financial Ombudsman Service (FOS) has released a statement addressing fairness in scam complaints made against banks.
Caroline Wayman, Chief Ombudsman wrote that banks often blame their customers of "gross negligence" despite "gross negligence" being more than just customer carelessness and incorrect account... read more
28th August 2018
In this episode of the Fintalk podcast, PaymentEye and bobsguide reporter Dave Beach sits down with Matthias Setzer, CCO of cross-border paytech, PayU.
"I'm surprised to see the level of sophistication in some emerging markets today," says Setzer, before embarking on a journey around the world's emerging payments markets,... read more
22nd August 2018
China's fintech and financial industries are booming thanks to shrewd economic planning since 2011, but with plans to internationalize the country's markets and a full blown trade war threatening each time US President Donald Trump takes to Twitter, it begs to wonder how the industry can continue to thrive in a domestic and global... read more