Global Payments & Transfers Insights

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Ecommerce during pandemic and why reconciliation matters

15th June 2020

Company: ReconArt, Inc.
As the pandemic spread, so did a joke – across social media: Who drives the digital transformation efforts in your company? CEO CTO CIO COVID-19 It’s funny because it rings true. Businesses around the world saw themselves amid an unprecedented situation as the pandemic hit. Lockdown restrictions and social isolation... read more
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Digital gap widens between traditional banks and challengers

11th June 2020

Company: bobsguide
The gap in digital performance continues to grow between traditional banks and challengers as the pandemic exposes incumbents’ inability to adapt.  Mark O’Keefe, founding director at Optima Consulting and Payments Systems Regulator (PSR) panel member, says few incumbents have stepped up to the plate during the pandemic. ... read more
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Automation reconciliation services are coming on leaps and bounds

9th June 2020

Company: FIS
For many, their reconciliation software has become part of the office furniture – sat in the corner, not upgraded or even reviewed in years. But there is a growing shift toward updating or introducing new reconciliation solutions that are service-based, standard-driven and highly focused on automation, according to Richard Chapman, vice... read more
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LatAm embraces OB

14th May 2020

Company: bobsguide
Effective since 2018, the implementation of Open Banking standards in the UK has established a model across the globe – particularly for ambitious Latin American countries looking to digitise their financial system. Last week, Brazil released its new open banking rules aimed at enabling data sharing and services among financials, payment... read more
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Pandemic sees boom in contactless payments, but cash likely to remain

7th May 2020

Company: bobsguide
Government lockdown rules and health organisations’ instructions have created a boom in the use of contactless payments – a new habit that is likely to remain after the coronavirus crisis subsides, says Luc Gueriane, chief commercial officer at Moorwand. “The pandemic has accelerated the adoption of contactless payments,”... read more
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Real-time liquidity insight in the current climate

5th May 2020

Company: Planixs
NR: Welcome Des, you and I have known each other for some time now, but for those that may not know you or your work, can you tell us a little bit about yourself and Cupula Consulting? DL: Sure Neville, be happy to. I have worked in the Financial Services Industry for over 30 years and I’ve been fortunate enough to have held... read more
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Exploring AI in wealth management

5th May 2020

Company: Profile Software
However, the investment management sector heavily relies on customer preferences as well as on the ability of the sector to adjust to industry standards, so technology evolution is usually the least of the wealth management firm’s concerns, or isn’t it? How has technology reshaped the industry in the past decade? Back in 2010 many... read more
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Real-time payments in a time of reduced cashflow

1st May 2020

Company: bobsguide
Faster and real-time payments are more relevant that ever says Ed Adshead-Grant, general manager of payments at Bottomline Technologies. “There is both money in and money out so that there are two sides to the transaction and for any economy, any UK PLC to compete, they need beyond doubt real time payments.” “Just look at... read more
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Navigating change in payments: Emerging markets, coronavirus and M&As

6th April 2020

Company: Ripple
The past 12 months has seen monumental change in the payments industry. In almost a domino effect, some of the market’s most notable names have announced landmark acquisitions which have quickly laid precedent for the future of payments. For instance, FIS, Global Payments and Fiserv have all announced acquisitions over $20bn, helping industry... read more
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The connectivity conundrum: why build, who builds and who pays?

26th March 2020

In my previous article, I examined how effective liquidity management in treasury depends upon having a consolidated view and control of corporate cash. In this one, I consider why building dedicated connectivity is necessary to achieve this, who should build it and who will pay for it. One of the many effects of globalisation has been the... read more