Middle and Back Office Solutions Insights
7th July 2020
It might feel like a lifetime ago, but think back to the last time you visited a restaurant with friends. How did you split the bill? Multiple cards and scribbled math to calculate how much everyone owed? Was it a mix of some paying cash and others using cards? Did you have to sit and wait for change?
Even before the pandemic, many people had... read more
3rd July 2020
The spread of the coronavirus and governments’ subsequent reaction has led to a surge in the adoption in contactless payment methods such as card and mobile payments.
A report released by global data and insights firm Dynata, surveyed over 11,000 consumers in 11 countries found a universal uptick in the adoption of contactless payments.
... read more
2nd July 2020
As the US startup community celebrates the recent Volcker Rule reform, some worry the change could impair the banking system as it recovers from recent market volatility.
Sankar Krishnan, executive vice president and industry head, banking and capital markets at Capgemini, is positive about the change, announced on June 25 by the... read more
29th June 2020
The US equities market may see a combined digital ledger technology (DLT) and legacy settlement solution, as accelerated settlements gain importance.
“Moving towards that T+0 model is really around doing so as an industry and doing so with a way that doesn’t force transformational change on everybody on day one,” said... read more
26th June 2020
An increase in mobile banking application features may make them more vulnerable to fraud, experts say.
According to Nikolay Anisenya, mobile application security research team lead at Positive Technologies, fraud protection is largely out of customers’ control.
“As a customer, unfortunately you cannot do much to protect yourself... read more
24th June 2020
Innovation in the e-commerce and payments sector could slow down due to the global disruption caused by the pandemic, while businesses look to reconsider and raise their online offerings, according to JP Morgan’s Ray McDonnell, managing director and co-head of merchant services in Europe.
While McDonnell feels innovation will have... read more
17th June 2020
Before chairing Pay.UK, the UK’s standard setting body for retail payments, Melanie Johnson chaired The UK Cards Association – now part of UK Finance – for eight years. She talked to bobsguide about the UK’s new payment architecture (NPA), reducing fraud and overseeing the country’s payment systems during coronavirus... read more
15th June 2020
As the pandemic spread, so did a joke – across social media:
Who drives the digital transformation efforts in your company?
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
8th June 2020
By David Griffiths, CEO, FISCAL Technologies
As the economic impact of the pandemic deepens across the globe, the ability of organisations to procure products and services in a timely, yet safe manner has never been more important.
As the pandemic spread across the world, a number of factors impacted global supply and demand, and sadly,... read more