Global Payments & Transfers Insights
17th September 2013
The Market Infrastructure (MI) Forum at Sibos 2013 got underway today looking at the recovery and resolution plans now in the place for the industry post-crash and the technological changes necessary to make them happen, with the huge imminent changes under the TARGET2Securities (T2S) single euro securities settlement engine in Europe, which is... read more
12th September 2013
In this first bobsguide blogger (aka contributing editor) submission from Barclays’ CIO Andrew Witney the issue of cloud computing is addressed. The pros and cons of private, public and hybrid cloud solutions for financial services (FS) firms are examined alongside uptake; the Infrastructure (IaaS), Platform (PaaS) and Software-as-a-Service... read more
11th September 2013
The 15 September 2008 is a historic day in finance. As the date nears when Lehman Brothers' declared bankruptcy five years ago, starting the full-blown financial crisis which is still shaping the financial world today, it provides an opportune moment to look back. A raft of regulations emanating from that day are now hitting compliance... read more
6th September 2013
The news that Bottomline Technologies has acquired Sterci and Simplex for a combined total of $109m in order to boost its financial messaging technology capabilities demonstrates the strength of the consolidation trend in this sector at present. Neil Ainger talked to Bottomline’s director of business development, Marcus Hughes, about what... read more
3rd September 2013
Prior to the commencement of the Sibos 2013 trade show organised by SWIFT in Dubai, UAE, on 16-19 September, David Hennah, head of product management at Misys examines what he thinks will be one of the ‘hot topics’ at this year’s event - the Bank Payment Obligation (BPO).
In the past I have characterised the Letter of... read more
2nd September 2013
Post-trade processing, T2S, asset servicing and regulations impacting shareholder communication and messaging are all likely to be much discussed at the Sibos 2013 trade show in Dubai, UAE, running from 16-19 September, says Mike West of Broadridge as he picks his ‘hot topics’ ahead of the event.
I anticipate that regulatory and... read more
23rd August 2013
The 16 September is the anointed date for the start of the new UK Current Account Switch Service, explains Adrian Kamellard, chief executive of the coordinating UK Payments Council, in this blog explaining the concept and technology behind the government-mandated shared technology platform.
The new service is designed to make it simpler for... read more
19th August 2013
The rapid growth and development over recent years of real-time payments is examined in this article from Imran Ali, payments manager for Europe, Middle-East and Africa (EMEA) at Citi, which reviews specific national schemes from Poland, in the UK, Nigeria and Singapore. The advantages for corporate and retail banks and their customers are... read more
14th August 2013
The raft of new and existing regulations facing retail banks from the Basel III capital adequacy regime to the Know Your Customer (KYC) regulations mean that it is increasingly difficult for new entrants to break into the marketplace, says Martin Dempsey, client director at the Certeco consultancy. Perhaps it is therefore time for a shared... read more
31st July 2013
In the wake of a recent British Retail Consortium (BRC) study that showed a 10% decline in UK goods purchased with notes and coins last year, Chris Davies, managing director of the Global Payments processing firm, examines the future of cash versus card payments, and how consumer behaviour and payment technology might develop in the future.
... read more