In August 2016 the World Economic Forum published a report declaring that blockchain will become the “beating heart” of the global financial system. Amongst the most popular use cases for the recently surfaced technology is that of cross-border payments and correspondent banking, which have been portrayed as slow, complex and inefficient. In that ...
02 February 2017 /payments Innovation in Financial Services
What can the Bank of England learn from SWIFT? Last month I was invited at the Bank of England to consult members of the RTGS Review committee on their efforts to rethink and redesign the Bank’s settlement system. Earlier this year the Bank announced [1] plans to reevaluate its high-value RTGS infrastructure in light of the recent developments in...
14 March 2016 /payments
Financial Inclusion
Innovation in Financial Services
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