Global Payments & Transfers Insights

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Tackling fast, hyper-connected data head on

25th June 2019

As the speed, volume and complexity of data and regulation increases, how can financial service firms effectively keep up pace and remain competitive – all whilst mitigating rising costs across both people and technology? Today, businesses using hyper-connected data are facing unprecedented digital disruption and regulatory pressures.... read more
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Facebook-backed Libra cryptocurrency facing regulatory battle

21st June 2019

Company: bobsguide
Facebook-supported virtual currency Libra has faced regulatory scrutiny following its unveiling earlier this week, driven by what blockchain and cryptocurrency market participants believe is a fear over the social media firm’s technological power and potential ability to affect fiat markets. “The regulatory reaction has been fierce... read more
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Fintech glossary of terms: A - U

20th June 2019

Company: bobsguide
Accelerators A venture or scheme that promotes and aids the rapid growth of selected new small businesses. Acquirer A company that buys the rights to another company or business relationship. Acquirers are also financial institutions which buy rights to a merchant account which allows them to service and manage the merchant’s... read more
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Extreme remote banking – how and why banks should make investing a priority

18th June 2019

Company: Auriga
Extreme remote banking – a term encompassing the provision of banking services to extremely remote, rural communities – should be a key focus for every UK retail bank right now. Why? There are potential ramifications of new legislation on banks as well as ethical reasons for banks maintaining access to financial services for small... read more
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How bank-based payout services are holding your business back

3rd June 2019

Company: Hyperwallet
Emerging technologies have changed practically every facet of our daily lives. From smartphones to flying drones, the pace of innovation continues to accelerate at almost maddening speeds. But, as is the case with any race, there are those who get left behind. While still functional, legacy technology can often create more problems than solutions;... read more
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Regulators struggling to oversee crypto assets

31st May 2019

Company: bobsguide
The International Organization of Securities Commissions (Iosco)’s attempt to harmonize crypto regulation will have no immediate impact, as national regulators are still failing to understand jurisdictional governance, says a lawyer. While the CEO of a crypto exchange says the lack of adoption of current regulation to crypto, has created a... read more
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Q&A: CEO of Path Solutions on banking and the changing fintech ecosystem

29th May 2019

Company: Path Solutions
Payments markets are changing drastically, forced by the hand of national and regional regulators as well as a technological advances driving at an incredible pace. Banks and other financial institutions are sitting up to take note. Here, bobsguide speaks with Mohammed Kateeb, group chairman and CEO of Path Solutions – a firm that featured... read more
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Banks’ top brass need persuading over T2/T2S opportunities

24th May 2019

Company: bobsguide
Banks’ middle management and specialists must do more to convince the executive of the opportunities and cost saving benefits posed by T2/T2S (TARGET2 & TARGET2 Securities) Consolidation. Affecting some 1,700 EEA bank accounts, the T2/T2S Consolidation project - which is due to go live in November 2021 - is a great burden for European... read more
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Finland’s banks target instant payments

17th May 2019

Company: bobsguide
The development of EBA Clearing’s RT1 platform has reached critical mass in Finland with the support of the country’s six major banks, says the payment service provider’s CEO Hays Littlejohn.  “It’s not as though we made any kind of particular effort just for Finland, it’s more that those banks chose to... read more