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It might sound too good to be true, but there is a way to gain greater visibility over group cash, reduce payments fraud, and extract further value from ERP systems – without migrating decentralized s...
In a shock announcement BACS and Faster Payments are being run, as of today, by a company controlled by a single private individual. This must be a first for a critical UK national infrastructure. New...
Worth over $600 billion to global economies (over $400 billion of that is to developing nations), remittances are big business, and act as a lifeline for millions across the developing world. Yet, de...
Today’s digital payments tech is delivering far more than process and cost efficiency in the B2B supply chain, says Patrick Bermingham, CEO, Adflex – it’s also creating new value by changing how buyer...
Just over one year on from the launch of the service, SWIFT has announced that more than 160 global banks have adopted its Global Payments Initiative, SWIFT gpi, allowing them to make high-speed, cros...
Had a discussion (in 2008) with a representative of a consumer organization at a conference in Brussels. It did strike me - again - how little interest these organizations have to further cost cutting...
The financial services industry has witnessed considerable hype around Artificial Intelligence (AI) in recent months. We’re all seeing a slew of articles in the media, at conference keynote presentati...
What's more important – the payment method or having a choice of how to pay? For me the choice is important and how I pay will often be dictated by the transaction type. I regularly use cash, and it s...
Occasioned by the recent Financial Standards Board reports on Correspondent Banking and on Remittances, I am of the opinion that Wolfsberg Group's 2016 “Wolfsberg Guidance on SWIFT Relationship Manage...
Fragmentation resulting from multiple Pan European Immediate Payments schemes is a challenge but solutions exist We are facing a proliferation of Pan EU Instant Payment Services in Europe. Most ind...
Cybercrime continues to be an unending botheration for banks. While the focus of attempts and attacks until recently, tended to be on the banks’ customers (via card and account detail compromises), of...
The wave of payments fraud that continues to sweep the globe shows no signs of receding, leaving the financial services community anxiously in search of reliable ways to stay one step ahead. Just as p...