Insights

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Behind the plastic: navigating the credit card landscape

4th July 2018

Company: bobsguide
Visa’s recent systems outage prevented merchants from accepting credit card payments. End-users lamented the queues for petrol, groceries, and disruption caused by rejected Visa credit and debit cards. Sources reported that the Bank of England contacted Visa immediately. Large and small merchants alike were unable to accept payment, leading... read more
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A new universe of payments is on the rise

4th July 2018

The growing demand for corporate value-added services, rising customer expectations, and a dynamic global regulatory landscape coupled with structural changes in the financial industry and the increase of multiple payments-enabling technologies are contributing to the demand for the emergence of a new payment universe. To master the growing... read more
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How the gig economy is reshaping travel industry payouts

3rd July 2018

Company: Hyperwallet
While the 'Uber for X' pitch has become something of a cliché in the tech world, it hasn't stopped the gig economy—a broad term for the online freelance workforce that has grown significantly over recent years—from continuing to make its mark on our modern world. Some of these changes are monolithic; Uber’s deep... read more
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US fintech perspective: Dodd Frank repeal an opportunity

3rd July 2018

Company: bobsguide
On May 24, the Trump administration followed through on its pledge to begin the process of reforming parts of the Dodd Frank Act, implemented by Obama to curtail the effects of a future 2008 scenario. President Trump signed a bipartisan bill into law that eases the ‘one-size-fits-all’ capital requirements for regional and community... read more
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How Currencies Direct uses Ripple to navigate the FX market

2nd July 2018

Company: bobsguide
Earlier this month Currencies Direct announced the “resounding success” of using xRapid (commonly known as XRP) to make near immediate payments, serving as a proof of concept that spells greater collaboration between the international money transfer company and Ripple, as Ripple expands its use case to navigating the FX market. It... read more
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When can we expect PCI for Open Banking?

29th June 2018

Company: SmartDebit
Open Banking is now here in the UK, although not yet completely supported by all high-street banks. As new companies and services are created, we will soon be able to do ever more with our bank details, from account aggregation apps to creating new kinds of payment rules. Not only does this mean a change in what can be done directly from our... read more
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The best API will win the day for regional banks

29th June 2018

Company: bobsguide
With more than 75% of larger global banks retracting their correspondent banking relationship in the international markets, regional banks are frequently turning to the new utility model as well as emerging fintech to keep delivering the international services to their clients that they’ve come to expect. “As the retreat continues,... read more
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The hyper-adoption of voice technology

28th June 2018

My son takes out his phone hundreds of times a day. He is a real digital native. But I’ve noticed a fundamental difference in the way he uses it compared to how I or my colleagues use our devices. For my son and his generation, Siri is almost like a friend to them. They are innately at home asking for anything and everything, to the extent... read more
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Chinese cross-border fintechs "racing to build networks"

28th June 2018

Company: bobsguide
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. “There’s that joke that Americans owe the Chinese lots of money,” says Raymond Qu, CEO of Chinese cross border payments company Geoswift, “but I like to combine that with the... read more
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Skills shortage tops fear rankings for financial services

27th June 2018

Company: bobsguide
New research indicates that 49% of financial services leaders rank finding the necessary talents and skills as their number one concern. The research, carried out by Robert Half further reinforces similar reports that financial services is fast approaching a skills shortage crisis. One such report from Innovate Finance projects a workforce... read more