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Uldis Tēraudkalns, CEO of Nexpay We’ve come a long way since Electronic Money Institutions (EMIs) first appeared in the 2000s. 20 years ago, there was concern about where this e-money trend was taking...
In a discussion that I recently witnessed, a participant wished to know the best and the latest technology initiative that any bank has undertaken in Trade Finance and the benefits that they got out o...
It’s no secret that banks generate a lot of data. While still a sensitive topic from a compliance perspective, today, real-time intelligence is the source of most opportunities for both banks and thei...
The needs of your corporate banking clients are changing. Demand for digital-first solutions, automation, and rich data has steadily increased over the past decade. We’ve seen some improvements to co...
Over the years, there has been considerable speculation on the impending growth of supply chain finance at a rate higher than growth in documentary trade. According to a report by McKinsey, the CAGR ...
No, it’s not a Bank, it’s an offshore bank located east of Malta (35°53'N 14°45'E) and hardly visible on the map What about Hurds bank? If I say bypassing sanctions, do I have your attention? Since...
What is the opportunity for cross-border business growth? As global business continues to expand, so too does the volume of cross-border payments. There are currently $120 trillion in global B2B payme...
The world of manufacturing has seen JIT (Just In Time) for a long time now. Machine tool operators do not need to keep large inventories of raw material next to their machines. This has improved cash...
Doubling the interest rate on current accounts for 19 million accounts could add an additional £2.4 billion a year income for banks: so how do we handle this with empathy during a pandemic? The econom...
When most people think about the term “Bank” they probably envision a retail branch with long queues, behind a rope waiting to seek the services of a teller or branch representative. Well those days a...
For commercial banks, a nagging issue is how to improve cross border payments. Compared to domestic payments they are more expensive, cumbersome and take longer to carry out. But despite banking techn...
Trade Finance is possibly the last cottage industry in financial services. Trade finance originally started out as a specialist area, often known as the International Department. There are similaritie...