886 articles tagged with this keyword
News/devops
Simon Torrance, senior adviser at corporate innovation firm, Rainmaking, claims that the traditional financial services business model is no longer working.
28 October 2020
News/payments
A complete failure of all payment transactions within the Target2 system was experienced for several hours on Friday, with backup systems and contingency modules also initially unable to function.
26 October 2020
News/sustainable
Mohammad Kamal Syed, managing director and head of investment management at Coutts & Co, tells Finextra Research of the ‘root and branch uplift’ in the firm’s investment decision making to address ESG goals.
20 October 2020
News/crypto
David Birch, author and financial services consultant, compares Swift to CB radio or Charlie's Angels, as an "affectionate tribute to the 1970s".
07 October 2020
A handful of topical areas were canvassed in the ‘Friction or fiction: compliance in a real-time world’ panel session on day one of Sibos 2020’s virtual event. While there has been significant innovation in domestic and global payments, financial institutions still play a critical role in the global payment process.
06 October 2020
Standard Chartered and DBS, with the support of 12 other banks, have kicked off a project that will use a blockchain network to register trade finance transactions.
More than a third of consumers discovered a new payment provider during the Covid-19 crisis, according to Capgemini’s World Payments Report 2020.
Annual global payments revenues could reach $1.8 trillion under a quick Covid-rebound scenario, according to data from the Boston Consulting Group, representing a considerable slowdown in growth from pre-pandemic boom times.
05 October 2020
As Sibos 2020 approaches, we look back to the status of ISO 20022 in its younger years and explore how assertions and predictions made about the migration have played out over the last decade.
02 October 2020
Mastercard and ACI Worldwide announced they were partnering to provide a range of global real-time payments solution, aiming to offer “best in class central infrastructure” to banks and other financial solutions.
In a confidential letter sent to the participants of EURO1 large value payments and the STEP1 platform Wednesday, EBA Clearing announced delays to testing and live implementation dates.
01 October 2020
As Sibos 2020 approaches, we look back to some of the predictions and forecasts made in 2010 and pick through what other lessons can be learnt from the post-financial crisis world to inform strategy in the not dissimilar economic environment of today.
29 September 2020
News/startups
Thirty one UK scaleups have been selected to participate in the third cohort of Tech Nation's fintech programme.
23 September 2020
Financial services firms must evolve their mindsets to both manage risk effectively and to ensure that the industry meets sustainable goals, according to Sandy Trust, sustainable finance consulting lead at EY and deputy chair of the IFOA’s Sustainability Board.
For the latest feather in its cap, the cloud-based ClearBank became the first clearing bank to offer multi-currency bank accounts via API. Partnering with JP Morgan, ClearBank will offer clients the ability to move funds between accounts through an API-based connection to JPMorgan, but this is just one step in what promises to be a period of strong growth for the firm.
22 September 2020
News/crime
A remarkable leak detailing 17 years' worth of confidential transaction reporting has cast doubt on banks' anti-money laundering (AML) efforts by suggesting that leading banks continued to transfer money even when they knew it could be connected to fraud.
21 September 2020
Interbank payment network Swift is to expand beyond pure-play financial messaging to offer member banks a range of transaction management services.
17 September 2020
The president of the European Central Bank, Christine Lagarde, has suggested that the Euro Zone's central bankers are close to making a decision on whether to press ahead with the development of a central bank digital currency (CBDC).
11 September 2020
News/covid-19
Echoing Prime Minister’s Boris Johnson pledge to 'double down on levelling up' the UK economy, Citi Bank’s Tony McLaughlin believes the country can become an even more friendly environment for fintech and should be looking outside “a small perimeter around Old Street”.
09 September 2020
In collaboration with Microsoft, cross-border transaction network RTGS Global has launched the first stage of its operational rollout to boost visibility of interbank liquidity.
03 September 2020
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.