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EBAday is the annual event for European payments professionals organised by Finextra and the Euro Banking Association. This community has been created to deliver a forum for EBA delegates to exchange views on instant payments, open banking and new developments in payments processing and technology.
Despite what you hear and read about SEPA it is a fact that it has failed to achieve any notable volume since it went live. At a recent conference chaired by yours truly a number of eminent speakers f...
Over the weekend the number of deals on eBay hit record highs and this was followed by news that online spending has increased by 77% on previous records. All this is furthering the view that High Str...
"In it's sixth Sepa progress report, the ECB welcomes the effort made so far, but stresses that work 'urgently remains to be done' to ensure the success of the Europe-wide project." You don'...
As the world moves to 0% interest rates and credit card companies hiking up their rates it makes no sense for anyone to keep their cards. Simply arrange a long term loan at the bank at an attractive r...
Today's mammoth cut of 1½% in the interest rate is enormously welcome in businesses both small and large across the land. It is an important weapon in the fight to stave off the impacts of the recessi...
Despite the financial crisis and the dramatic bailouts of banks it is far from the end of banking. It might be the end of banking as we have known it but as one door closes a new door opens. Now is th...
The financial services industry has been taking a bit of battering over the last few years with executives of leading institutions behaving in a way that goes way beyond greed and moral responsibility...
Now lets be totally candid about this and all admit what millions of people already know Offshore Call Centres in financial services are not working. They may be cost effective to the firms off shorin...
It's understandable that shareholders of banks are upset with the terms of the government lifeboat. The payment of dividends to shareholders is a prime reason for investment and in many cases the divi...
Now that governments across Europe have part nationalised the banks perhaps we can get away from the hysteria in the media, which is focussing too much on the market value and not on the underlying. T...
The UK government could never have foreseen that during their time in office, they would nationalise the high street banks and what's more with the support of the opposition and the City in general. W...
After the US Senate agreed the modified bill to pump a life saving $700b into the USA economy, the rest of the world waits with baited breath to see if the House of Representatives follows and brings ...