Global Payments & Transfers Insights
26th July 2017
The financial world is set to change. When PSD2 regulations are introduced in 2018, UK financial institutions will be required to adopt open banking application programming interfaces (APIs) to enable the exchange of banking data and making of payments. The introduction of these new regulations provides consumers with the option to use... read more
25th July 2017
It’s no surprise that the global economy is labelled - at the most diplomatic level - as ‘volatile’, given the uncertain political and economic situation. What is in fact being described is a deformed structure which is caught in a perpetual trap of boom-bust financial cycles, meaning the global economy is causing concern for... read more
24th July 2017
According to KPMG’s Pulse of Fintech report, fintech VC activity in Europe has hit a historically high level for successive quarters. In Q1 2017, global investment in fintech companies hit $3.2bn across 260 deals. Q1 2017’s total capital invested soared to $610m, which was noted as the highest tally in years.
VC investment in fintech... read more
21st July 2017
Redefining the banking experience through omnichannel
Polys Hadjikyriacos, CBDO, NETinfo PLC
It is an irreversible global trend that people’ lifestyles are increasingly dominated by digital channels. Across the entire spectrum of everyday services, from social, to professional, to consumer, banks are making the conscious decision... read more
19th July 2017
Gathering and validating the data needed to comply with Know Your Customer (KYC) is not easy. Documents can be forged. Ownership structures can be concealed. And practices like trade-based money laundering make it difficult to track money flow.
Not only have bad actors become more adept at masking their true identities and activities, but... read more
18th July 2017
Andrea Dunlop is the CEO of Acquiring and Card Solutions at Paysafe Group. She has previously held senior roles at Visa and RBS.
bobsguide sat down with Andrea at Money 20/20 Europe to discuss the importance of partnerships, and why PSD2 will drive innovation and create strategic partners between banks and fintechs.
Tell us about your role... read more
18th July 2017
Huw Jenkins, CTO of The Money Cloud
2018 is going to be the year that permanently changes the customers see and use banks. Banks in their traditional form are going to start to disappear, and be replaced by “banking technology” – which is a completely different beast.
PSD2 is set to come into force at the beginning of next... read more
17th July 2017
The PayCommerce Network consists of a banking consortium of over 100 banks transacting in more than 80 countries. PayCommerce’s network members include banks, financial institutions, global corporates and alternate channel providers.
Bobsguide spoke to Abdul Naushad, Founder and Executive Chairman of PayCommerce on the future of... read more
14th July 2017
1. The bobsguide debate: Who needs the other more, fintechs or traditional financial services?
Alara Basul, Reporter, bobsguide
In the lead up to Finovate London, bobsguide asked show exhibitors and industry experts a series of questions to get the conversation rolling before the conference. Today's discussion is focused on who... read more
13th July 2017
“Banking is necessary, banks are not” Bill Gates famously said in 1994, speculating on the future power of technology. As the Second Payment Services Directive (PSD2) comes into effect at the beginning of 2018, what once seemed like a controversial statement is now gaining increasing significance.
Designed to boost competition in the... read more