Global Payments & Transfers Insights


Investor caution to shed fintech dead weight

24th January 2019

Company: bobsguide
A market strategist has warned this year will see a cull of the fintech startup market, as hyper-valuation in the tech sector get reined in while investors respond more cautiously to a turbulent 2019. “The saying goes, a rising tide lifts all boats but, when the tide goes out, you’ll see who’s swimming without their bathing... read more

How is the payments ecosystem changing?

18th January 2019

The global payments landscape is changing. Digital transformation, new collaborative approaches between banks, fintechs and payments providers, and a changing regulatory environment are just some of the overarching themes impacting the sector. In association with Western Union Business Solutions, bobsguide is researching and producing the... read more

UK is "leader" of Europe-wide API standardisation

16th January 2019

Company: bobsguide
The fact that the UK’s API standards are in prime position to be embraced across the European Union puts the country’s banks and fintechs – already conforming to those standards – at a distinct advantage over their counterparts in the rest of Europe. “The UK is the first mover on this [Open Banking] across Europe... read more

Challenger J-Curve business model ultimately leads to “conduct problems”

16th January 2019

Company: bobsguide
The mentality of racking up overheads in order to acquire customers leads banks to act on their own and not the customer’s best interest later down the line, says Andy Mielczarek, CEO of Chetwood Financial, the new challenger and lender. “When I reflect on the 2008 crisis and the mis selling and position of banking in the UK, it... read more

Open Banking clears way for tech giants to move into financial services

10th January 2019

Company: bobsguide
Two in three (66%) of UK banking decision makers believe the tech giants will be offering retail banking services by 2024, according to a recent survey. The tech sector – led by Google, Amazon, Facebook and Apple (GAFA) – are well poised to embrace Open Banking, according to banking commentator Elizabeth Lumley, director of fintech... read more

The 2019 fintech conferences not to miss

8th January 2019

Company: bobsguide
Conferencing is a key part of the fintech industry and one of the only ways to stay up to date with the ever quickening pace of technological change in the sector. Bobsguide compiled and previewed the fintech events not to miss of 2018 and this year is no different. This list provides you with all the dates, prices and event bios all in... read more

Regulatory divergence and presence of fraud causing pain within payments

7th January 2019

Company: Trulioo
Multijurisdictional regulations and the increase in fraud within payments have created a difficult environment for payments providers, says Zac Cohen, general manager at global identity and business verification firm Trulioo. “The challenge for payments is twofold: how to eliminate fraud in the network, and how to satisfy the regulatory... read more

Overcoming the challenges of enabling e-money programmes | fintech podcast

3rd January 2019

Company: bobsguide
In this Fintalk podcast, Transact Payments, W2 Global Data and Global Processing Services (GPS) discuss the challenges of launching a prepaid e-money programme. Listen to the podcast or read the full transcript below.   Transcript Hello and welcome to this Fintalk podcast. Today we’ll be discussing the challenges of... read more

Merchants need relief from regulatory burden

18th December 2018

Company: bobsguide
Acquirers and issuers should “band together” to meet payments standards and allow merchants to get on with transactions, according to a panel at an industry event in London this week. John Greenwood, executive director at Compliance3, told attendees that payments organisations need to “get the balance right” between... read more

PSD2’s SCA like “GDPR on steroids”

18th December 2018

Company: bobsguide
Strong customer authentication (SCA) is “GDPR on steroids”, and regulators aren’t making compliance easier by being divorced from the payments process on the ground. That’s according to Paul Rodgers, chairman of Vendorcom, speaking on a panel at an industry event in London this week. Quoting a regulatory source, Rodgers... read more