Global Payments & Transfers Insights
16th August 2019
News that a Beijing-backed digital currency is in the offing comes as no shock to the market, according to Daniel Scott, CEO at CoinCorner.
“China has historically had a volatile relationship with Bitcoin, over the years they have banned then unbanned then banned and so on. It's been on their radar for years, so creating their own... read more
15th August 2019
The Board of Banking Competition Remedies (BCR) has announced results of the Capability and Innovation Fund (CIF) Pool C grant process, which will see Modulr Finance, Atom Bank, Iwoca and The Currency Cloud Group receive £10m grants to expand and offer improved SME lending and payment services.
Each organisation undertook an... read more
13th August 2019
Global Investment Performance Standards (GIPS) are voluntary, ethical standards based on the fundamental principles of full disclosure and fair representation of investment performance.
As investor expectations increase and product innovation develops, the standards are evolving to remain relevant and maintain their core purpose: ensuring... read more
6th August 2019
The announcement of the closure of FIS’s acquisition of Worldpay last week is part of a continual expansion strategy into new markets and opportunities, according to Alison Wilkes, head of banking and payments, Europe at FIS.
“Where we see opportunities to grow our solution set and our reach for our customers – that’s key... read more
5th August 2019
With investment in UK fintech firms increasing year-on-year, market participants are debating just how new prime minister Boris Johnson might affect the industry.
“I believe the new PM is increasing the level of risk and, in the short-term, reducing the level of return. That’s a double-whammy. So, it’s highly likely that... read more
30th July 2019
Germany’s Federal Financial Supervisory Authority (BaFin) and other national competent authorities (NCAs) across Europe are looking to offer windows of flexibility to a payments industry struggling to meet the looming September deadline for strong customer authentication (SCA) under the second Payments Services Directive... read more
26th July 2019
Despite the encroaching September deadline for strong customer authentication (SCA) under the second Payments Services Directive (PSD2), merchants and payments market participants are equally concerned about the ramifications of the already-mandated General Data Protection Regulation (GDPR), according to Chris Kronenthal, chief technology officer... read more
22nd July 2019
The payments ecosystem has changed dramatically over the past few years, with regulation driving competition, and innovation creating new channels for interaction, transaction and interoperability.
With the payments industry moving so rapidly, bobsguide has launched its 2019 Payments Rankings to assess the state of the sector and gain some... read more
19th July 2019
A recent study found that 4.4% of the UK population were gig economy workers between 2017 and 2018. This explains the emergence of so many gig economy platforms, eager to serve a consumer’s every need. But not all gig economy platforms that are launched succeed.
Although the gig economy model has successfully disrupted some markets... read more