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London

Member since

2008

Tanurag Nayyar

VP at Payments

Message Posts: 0 Comments: 4

Tanurag is Commenting on

Accenture-led consortium to build new UAE instant payments platform

A close neighbour Qatar has had an ISO20022 based Automated Clearing House (ACH) that support multiple intra-day clearing and settlement for both credit transfers and direct debits. How is this initiative different or better? ...please if someone may guide me. Thanks

03 Feb 2022 Reply Read article

Citi to sack unvaccinated staff at the end of the month

I support vaccination but this is utter nonsense. Companies run business, they hire people to deliver on objectives and pay them for working towards them. Period. As long as people deliver to goals, business have no right to infringe in personal choices of employees.... vaccinate or not, smoke or not, marry or not, etc. D&I just died.

11 Jan 2022 Reply Read article

GoCompare opens up APIs to fintech firms

"Anonymised" is the key word for me here as TPPs wouln't have the free will to share any data further without customer consent otherwise. GDPR is going to dictate when a set of transactions could be qualified as annonymous to ensure customer information is protected when sharing transaction sets to other FinTechs. Good thought GoCompare of building a massive repository of transactions - will be interesting to see the kind of trends that emerge from the analysis at some stage.

01 Feb 2018 Reply Read article

Bank of Canada trials blockchain-based digital dollar

Would the same result not be easily achieved had the central bank applied each transaction real-time in the existing domestic automated clearing house scheme instead of waiting for the typical settlement windows? I can't really see the advantage of blockchain in this particular use case. It just looks like a desperate attempt by a bank to demonstrate that they could have a story in BC while still tying the value back into fiat currency. Eye wash!

18 Jun 2016 Reply Read article