Global Payments & Transfers Insights


4th EU AML Directive: What you should know

14th September 2017

Company: Trapets AB
The EU’s 4th Anti-Money Laundering Directive (4th EU AML Directive) was enacted on 25 June 2015, and fully implemented on the 26 June 2017, replacing the third Anti-Money Laundering Directive. As well as a greater emphasis on risk assessments to combat money laundering (AML) and terrorist financing (CTF) at every level, the Directive... read more

What will the next decade of contactless payments look like?

14th September 2017

Company: bobsguide
Contactless payments have become increasingly common in the UK. Today, six in ten Brits pay with touch and go. What started off as alternative payment method capped at £20 per transaction, has now become an increasingly common way to pay.   And experts believe that the momentum won’t slow now. The speed and convenience quickly... read more

Fintech is still booming in India despite general economic downturn

13th September 2017

Company: bobsguide
India’s gross domestic product (GDP) growth failed to meet expectation as it slumped to 5.7% during Q2 this year, government data reported late last month. This compares to Q1 growth figures of 6.1% this year and 7.9% for Q2 last year. Many analysts expected GDP figures to rise following the government’s crackdown on black... read more

Why challenger banks should look to payments to escape a saturated marketplace

12th September 2017

Company: EQ Global
Concern is rising among the UK’s challenger banks in light of an increasingly crowded market which, coupled with a sizeable squeeze on revenue margins, is inhibiting the desired move into the retail banking sector. With recent data from the Bank of England highlighting consumer credit at a rate which is close to the peak of the financial... read more

The rise of contactless payments in the UK

8th September 2017

Company: bobsguide
The Guardian recently reported that contactless payments have taken debit and credit card use in the UK to an all-time high. UK Finance stated that almost 1.4 billion card payments were made during June 2017. In 2016, there was a total of 164 million payments card, of which, 100 million were debit cards and 59 million credits card. Over the last... read more

Editor's picks: Developments in instant payments

8th September 2017

Company: bobsguide
Are traditional hubs a good fit for instant payments? Aniruddha Maheshwari, Payments Consultant, Icon Solutions Any mention of payments and multiple schemes, and the gurus are quick to respond with an “industry leader payments hub” as your go-to solution. These hubs are ‘centralized payments platforms’ which provide a... read more

Viewing PSD2 as an opportunity and the benefits of open banking

7th September 2017

Company: bobsguide
Erik Zingmark - Co-Head of Transaction Banking, EVP, Nordea Let’s be completely open: Europe’s new Payment Services Directive (PSD2) will fundamentally change banking as we know it. Forever. It is not a fad. Life will be different in 2018 when banks are to allow approved third parties to offer services to their account holders.... read more

The applicability of prepaid cards in Africa: A flexible tool for a diverse region

6th September 2017

Company: Compass Plus
Africa is an incredibly diverse continent in terms of economies, religions, politics, infrastructure, demographics and geographies, and to assume that a payment channel that works for one country will work across the board would be a very large mistake. MPesa is a fantastic example of this; while an unprecedented success in Kenya, similar efforts... read more

Fintech in 2017 recap: The most read bobsguide articles of the year so far

28th August 2017

Company: bobsguide
In case you missed it... the bobsguide articles that have generated the most interest in 2017 to date.   The most significant fintech acquisitions of 2017 so far 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... read more

Fintech in 2017 recap: The most read thought leadership articles of the year so far

28th August 2017

Company: bobsguide
In case you missed it... the industry opinion that has generated the most interest on bobsguide in 2017 to date. Don’t become SAP’s next multi-million pound target for indirect usage Matt Fisher - Vice President of Marketing & Communications, Snow Software Many customers have a form of love/ hate relationship with their... read more