Treasury Management Systems Insights

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Unresponsive bank APIs causing open banking challenges

26th January 2021

Company: bobsguide
Unreliable payment rails still pose a challenge for third party providers, according to Luke Massie, CEO of VibePay. Problems with the technical infrastructure of open banking is experienced “most weeks”, says Massie. The instability of the APIs creates friction, impacting negatively on consumers’ payment process. “If... read more
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bobsguide Awards 2020: Winners announced

18th January 2021

Company: bobsguide
It's with great pleasure that we announce the 2020 bobsguide Awards. Given the levels of fluidity in markets and the increased rate of innovation required of the fintech community last year, the judges delayed many of the assessments as late as possible. Here, we have a comprehensive list of those organisations that... read more
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SEC charges against Ripple face criticism

14th January 2021

Company: bobsguide
The Securities and Exchange Commission’s (SEC) latest charges against Ripple Labs Inc shows the regulator’s ambition to further supervise ongoing developments in the crypto space. But while increased regulation is expected following cryptocurrencies’ recent developments, the SEC’s latest move is an attempt to curb... read more
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Seamless payment experiences essential in months ahead

6th January 2021

Company: bobsguide
It is set to be a transformative year for payments say those in the industry. The pandemic will continue to have a huge impact, particularly in digital payments and open banking. While digital payments have grown over the past few years, they became an essential, as merchants and consumers reacted to the crisis. According to Visa, 77... read more
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Starling provides “road map” for future in-app integrations

21st December 2020

Company: bobsguide
Starling Bank’s latest partnership is a “completely different vertical for us”, says Gareth Towler the bank’s marketplace product analyst. The challenger bank recently added PayPal’s iZettle to its Business Marketplace as part of its new strategy for deeper integrations. “From a marketplace perspective,... read more
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Risk rise in pandemic-hit fintech sector

21st December 2020

Company: bobsguide
As the fintech sector grows almost exponentially, so commensurately do the risks. The pandemic has created new threats, mainly through home working, but others have been mounting steadily for years such as Brexit, tougher regulation, cyber attacks and relentless competition in a sector that is by its nature turbulent.   The most immediate... read more
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Risk mitigation in global trade depends on digitisation

17th December 2020

Company: Bolero
Banks have struggled this year with increased fraud, the uncertain outcome of Brexit, pandemic dislocations as well as the long term trade frictions with China. This has pushed risk mitigation very high up on the agenda especially when it comes to cross-border trade transactions. Even before the coronavirus struck, a handful of well-known banks... read more
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Rating agencies predict pain for EU banks

14th December 2020

Company: bobsguide
Thanks to beefed-up, post-financial crisis reserves and generous government support, the European banking industry has proved resilient so far throughout the pandemic-triggered economic wreckage. But a bout of consolidation probably lies ahead, in part because of competition from fintech for lower-cost digital distribution channels. ... read more
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No-deal Brexit a “nightmare” for fintechs

10th December 2020

Company: bobsguide
A no-deal Brexit or a failure to produce close regulatory alignment in the financial services sector will be an “absolute nightmare” for fintechs, according to James Lynn, co-founder at London-based fintech, Currensea. Lynn says that a no-deal scenario, alongside no equivalence arrangements will make innovation and growth in the... read more