189 Results from 2018, /payments
Bob Lyddon Consultant at Lyddon Consulting Services
The Eurozone banking system will have to gear itself up this autumn to take over the supply of credit from the Eurosystem, as the Eurosystem’s version of QE - called Asset Purchase Programmes – is wound down. The winding-down is in stages. There will be no new purchases to start with, and then the proceeds of maturing bonds will no longer be re-inv...
09 October 2018 /payments /wholesale SEPA and European Payments
Anna Kuzmina Expert at Fintech
What happened in China makes now the whole world pay very close attention. First, back in 2004 when Alipay appeared on Taobao as an escrow system, slowly evolved as a seller accreditation, partnered with all major Chinese banks, offered daily payments, and accounted for 200 e-wallets and 10 million app installs — no one raised a brow. Second, it w...
08 October 2018 /payments Fintech
Scott Cutler Director, at Fortinet
The financial services sector is a high-value target for hackers, and therefore faces daily attacks that attempt to bypass defences protecting a growing number of attack vectors. A staggering 36 per cent of these attacks result in data loss. This growing risk comes at a time when financial services firms are turning their focus to innovating new
05 October 2018 /payments Transaction Banking
Dean Wallace Director of Consumer Payments Modernisation at ACI
Open Banking is shaking up the financial services sector and opening up new avenues and opportunities for both banks and payment service providers (PSPs). The open API ecosystems that are emerging are helping players in the sector create next-generation value propositions – evolving their existing operations to make more of emerging digital techno...
05 October 2018 /payments Open Banking
Retired Member
Corporate Travel and Expense (T&E) is a hot topic in the FinTech world, as companies are looking to solve problems associated with expense reports, employee spending, and reimbursement. According to a blog post by the New York Business Journal, 10 percent or more of a company’s budget is related to employee travel expenses. Proper management o...
03 October 2018 /payments
In the financial services industry, where IT systems are high-volume and mission-critical, news of Big Iron’s ‘big crisis’ is greatly exaggerated, at least for now. It’s true that in today’s digital first world, cloud-based services are seeing rapid adoption across all industries, especially as fintech providers launch applications that enable imp...
02 October 2018 /payments Fintech
About 32% of the current cryptocurrency offering is held on personal wallets, after long-term investors sold approximately $24 billion of bitcoin to new speculators between December 2017 and April 2018. Last year, this number was at the level of 26%. According to the results of the Chainalysis study, the number of bitcoins on active wallets has in
25 September 2018 /payments /inclusion Personal Finance
Miloslav Hoschek Freelancer at e-Silk Road, NGO
by Miloslav Hoschek, PhD., e-Silk Road, NGO ECB as a First Lump of Sugar in a Blockchain coffee The blockchain technology is destroying infrastructure of existing systems with no intermediates and without central authority. Every ledger entry is retractable across its full history and can be reconstructed. Every node applies the same rules and...
24 September 2018 /payments Payments strategies 2015-2020-2030
Craig Ramsey Head of Real-Time Payments at ACI Worldwide
SWIFT gpi poses many opportunities for banks. Like any technology, the rate of change is accelerating, making it critical that banks keep pace with the market and with their competition. In 2018, as domestic real-time payments schemes reach near-ubiquity thanks to a combination of regulatory and customer demand drivers, we have seen an accelerated...
24 September 2018 /payments SWIFT Matters
After the recent struggles of many retail stalwarts, much has been made about the death of the British high street. But the ONS’ retail sales index shows that 82% of all sales still take place in store, confirming that bricks-and-mortal retail is still a huge part of our shopping habits. So much so, that even online businesses like Amazon, Missgui...
18 September 2018 /payments Fintech
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