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I’ve written a few times on this blog about disparate payments processes within large corporations and then the benefits associated with centralising and standardising that process. One of the clear ...
The ramifactions of a cap on interchange are more profound than meets the eye As interchange revenues will inevitably dwindle, issuers now have to create new revenue opportunities. One low hanging fru...
The adoption of the ISO20022 standard as the format of choice for corporate payments has really gathered momentum. Kick-started perhaps by SEPA, it is now rapidly being used by the bigger banks for e...
Don’t be fooled by Bitcoin. It’s an early incarnation, an experiment, of something much bigger. Maybe even a new era. As of very recently – less than a generation - 100% of world wealth has a smart de...
Question to all bank CEO: Why Ýour' Bank is not encashing on their strengths and why wallets are taking birth like dime-a-dozen. Wallets would survive only in that country where cost of banking transa...
Each millionth of a second is commercially counted through HFT (high frequency trades) deals. Accompanying phenomenon of global HFT infrastructure is a commercial supremacy race. The debate on spect...
In last decade, I have been swiping cards on the portable EDC machines, carried by Pizza Guy or even my Milk Supply person. They have had this machine for almost a decade and I "trust" this ...
Now that SEPA is in place, corporates will be able to leverage that investment to start making payments across the entire eurozone using a single instrument from as little as one bank / account. The i...
We have all heard about KYC, Know Your Customer and KYB, Know your Bank but it’s emerging that, particularly in the Corporates world, KYV, Know Your Vendor is just as important. For Corporates, the p...
I’m hearing more and more conversations mentioning Payments On Behalf Of (POBO) and there seems to be no coincidence that post-SEPA, this concept is coming to the fore. In my last blog, I discussed h...
Scenario: What comes to your mind when you think of the future of electronic payments? Would you use your phone /nfc card/mobile wallet/ or something else? What are the key parameters when you dream a...
Y2020 SWIFT A GLOBAL CLOUD PAYMENT HUB a global reporting hub a central provider of services global reporting and consultation hub Y2014 - SWIFT over 10 thous. banks are users access to 60 HVS - h...