Retail Banking Systems Insights
5th November 2018
“Payments is now a new battleground,” says John Hutton, director of payments at Nationwide, “particularly with Open Banking and the adoption of Third Party Providers (TPPs) and Payment Initiation Service Providers (PISPs). Through that ecosystem a TPP can start to manage on behalf of a customer.”
If the convergence... read more
1st November 2018
Thousands of UK businesses were unable to process payments because of a network outage at the beginning of the week, with reports suggesting Worldpay encountered a temporary fault.
Such an incident illustrates how vendors and their partners must continually assess their infrastructure, says Dr Yannis Larios, Business Development Director... read more
31st October 2018
There is no doubt that the Asia Pacific (Apac) region now dominates the global banking landscape, with 43% of total global bank profits generated in the geography. It’s also a highly competitive segment of the corporate banking sector, with the largest corporate clients in APAC often working with 20 or more banks.
For banks able to deliver... read more
30th October 2018
There is satisfaction in swiping a flashy, eye-catching credit card to purchase goods. One of the first to break into mainstream usage, digital challenger banks have followed Monzo’s neon-coloured cards. The distinctive cards have come to symbolise those who are ‘in-the-know’ within social networks, privileged access, and low... read more
29th October 2018
Bank leaders know that banking next year will look different than banking today. But banking seven years in the future is a downright alarming thought.
Still, while it’s tough to maintain a strategic outlook when rapid changes are happening right now, it’s important to remain forward looking. With that in mind, let’s explore a... read more
29th October 2018
“I’m not worried about the recent blips,” said an investment banker who asked not to be named, on the sidelines of last week’s Money20/20, in Las Vegas, when asked about the recent market tremors that have hit some of the larger US tech firms. “I ignore these stutters in the market unless I can find a single,... read more
26th October 2018
Following on from our recent article on overcoming cash forecasting challenges, this piece focuses on the area that is often the most challenging, accounts receivable forecasting.
For large corporates, forecasting accounts receivables is particularly challenging as the forecast figure is consolidated from a wide variety of inputs.
In... read more
24th October 2018
Chris Larson, executive chairman and co-founder of Ripple, said mistakes have been made in the ways in which regulators have dealt with cryptocurrencies.
“Washington is in a learning phase,” he told an audience at Money20/20. “I have to say there was a debacle with the industry lobbying over the last year or so specifically... read more
24th October 2018
The credit crisis that tore apart the banking sector has had a lasting impact on the way the industry works with third parties, particularly within the payments space.
That’s according to Jeff Parker, managing director for APAC, WorldFirst, the international payments provider. “2007 and 2008 you saw a lot of banks retreating back... read more
23rd October 2018
Nearly a year has passed since Ripple spoke to bobsguide in late 2017, and 2018 has proven to be a big year for the blockchain cross-border payments startup.
At Swift's flagship Sibos conference in Sydney, Australia, Ripple's head of strategic accounts, Marcus Treacher, discussed the firm's strategy going forward into... read more