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SWIFT Global Electronic Trade Confirmation Initiative: A credible alternative confirmation method The SWIFT Global Electronic Trade Confirmation (GETC) initiative has gradually been building momentum...
EBAday 2013 is approaching fast and the community is gearing up to discuss again the challenges that banks and their payments and infrastructure providers are likely to face in the future. As 2013 beg...
A second consultation paper has been issued detailing the near-final proposal on margin requirements which includes the introduction of a universal initial margin threshold of 50 million Euros. Addit...
For now, the RBI has ruled out the possibility of Islamic banking in India unless existing laws are amended. But worldwide, Islamic banking is one of the fastest growing financial sectors with current...
Currently real time is a hot topic in the banking industry. Last month I joined the Future of Finance Council in London to discuss why. Set up by FIS and the FS Club, some of the most influential fina...
Let me start by saying what wonderful things mobile payments and mobile banking are. You can’t deny the convenience of being able to bank, pay for goods and services, and perform P2P payments while “o...
Africa is on the rise. For the past decade the picture has been steadily improving both economically and politically. No longer is it the ‘hopeless’ continent whose media narrative was one of war, fam...
One of the surprise corporate deals at the end of last year was ICE purchase of the NYSE Euronext. Most surprising because on the face of it this deal looks unbalanced and does not perfectly fit int...
A recent survey found that it is more expensive to maintain legacy systems vs. current “state-of-the-art” systems. No surprise there. Legacy systems usually require additional staff who are familiar ...
We know it’s there, but in many cases the extent and complexity of manual pricing can be significantly under estimated. If we choose to be complacent by ignoring the elephant in the room and maintaini...
A brief history of shadow banking By Jennifer Liu and Brian Lum Shadow banking has been on Mark Carney’s mind for a while. Since his appointment as chair of the Financial Stability Board (FSB) in Nove...
Recently, Dave Birch confirmed what I learnt the hard way at the beginning of the TEDIPAY journey: consumers are wrong. That was why three years ago we decided to follow Steve Job's advice who famous...