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Having two real time systems in the UK – CHAPS and Faster Payments - is a bonus. The task is to see how they can work together against the growing demand for instant payments regardless of amount and ...
Over the past decade the requirements for sanction screening and anti-money laundering (AML) control have increased dramatically, and regulators have stepped up enforcement. Estimates indicate that fi...
Wim Raymaekers, Global Head of Banking Market, SWIFT and Anders Olofsson, Global Head of Payments, Finastra In recent years, the idea that the world has advanced from “ego-system” to “eco-system” econ...
Gunnar Berger, Head of Open Banking in Nordea and Anders Olofsson, Head of Payments at Finastra In my day job as Head of Open Banking, my responsibilities include not only delivering on PSD2 complianc...
By Anders Olofsson, Head of Payments and Open banking Finastra, Simon Eacott Head of Innovation & Business Development, Payments, NatWest, Teresa Connors Head of Market Engagement, Payments, NatWe...
By Tony McLaughlin, Citi, and Anders Olofsson, Finastra They say that software is eating the world but we believe it is more appropriate to say that platforms are eating the world. McKinsey has estima...
As concerns over platform domination in all sectors are growing, businesses in Europe have been finding ways to proactively take part in the growing digital market place. Data sovereignty, the idea th...
European financial institutions are facing an ever-evolving set of regulations aimed at maintaining stability, competition, and innovation in the digital economy. As a result, regulatory compliance in...
We have issued another call to Wolfsberg Group, this time to make major changes to the section in their Payment Transparency Standards 2017 on “On behalf of” payments, and the related Virtual Accounts...
At EBAday 2017, speakers and delegates discussed the many accelerating changes affecting the traditional payments landscape today. One of the topics that attracted the most interest was the prospect o...
We’re beginning to see a divide in the payments industry, not just between incumbents and new players, but a sub-divide between banks themselves. Some traditional financial institutions have been able...
Losing yourself in music is something that everyone should do at least once a day. The freedoms that it affords one’s mind cannot be understated. In my eclectic (and eternal) playlist, there is one so...