189 Results from 2018, /payments
Bob Lyddon Consultant at Lyddon Consulting Services
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Wolfsberg Group's 2016 “Wolfsberg Guidance on SWIFT Relationship Management Application (RMA) Due Diligence” should be withdrawn. I have sent a paper to the Wolsfberg Group to this effect. The guidance has given a clean b...
09 April 2018 /payments Trends in Financial Services
Domenico Scaffidi Payments Industry Expert -CEO & Founder at DS Payments Ltd
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 industry players and experts are aware of the dangers of fragmentation and the reasons why this issue needs to be addressed. Even though the new schemes ...
08 April 2018 /payments Payments strategies 2015-2020-2030
Varun Maggon Senior Business Consultant at CustomerXPs Software Pvt. Ltd.
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 late fraudsters have become more sophisticated and have raised the stakes. They have shifted their focus and are now directly targeting banks. They ...
02 April 2018 /payments /regulation Transaction Fraud Systems and Analysis
Retired Member
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 payment processing becomes faster, so too are the cyber attackers moving quickly to find new ways to compromise sensitive data, transactions, and infr...
28 March 2018 /security /payments Transaction Fraud Systems and Analysis
By Lina Andolf-Orup, Global Product Marketing Manager at Fingerprints As something of a Money 20/20 series veteran, having attended the Europe and Vegas editions several times, it was with great curiosity and even greater expectations that I set off to the first Asian event. Held in Singapore, the event had many of the same faces – the giant Techs,...
27 March 2018 /payments Fintech
By Lina Andolf-Orup, Global Product Marketing Manager at Fingerprints Biometric smart cards are emerging as the next innovation in payment cards. According to ABI Research the payment card is here to stay and fingerprint authentication within the card is the next natural evolution to retain convenience while increasing security. So, let’s take a
Jeremy Light Co-founder at Fourdotzero
On 25 March 2018, a Quantas 787-9 Dreamliner touched down at Heathrow airport to inaugurate a new non-stop service between Australia and London. It cut a full three hours off the normal 20 hour journey. In the commoditised world of air travel, that is a game-changer. Differentiating from the competition has been a challenge for the airline industry...
26 March 2018 /payments Disruption in Retail Banking
Gavin Scruby CIO at SmartDebit
The first generally useful application of Open Banking is here in the UK. While it will be some time yet before it gets much use, new organisations soon will be able to initiate payments between bank accounts on a consumer’s behalf. This creates a new layer between consumers and banks, hopefully spawning novel ideas and services. Moving the centre...
25 March 2018 /payments Trends in Financial Services
The first Malaysian FinTech expo wrapped up recently, in the first week of March, 2018. If crowd size and the number of exhibitors are anything to go by, then one can safely assume that competition for the PayTech market in Malaysia is absolutely intense. The expo was teeming with both local and global players offering e-wallet software. The even...
20 March 2018 /payments Asia Financial Services
Bitcoin’s price averaged $272 in 2015, $567 in 2016 and $4,001 in 2017. It peaked at just below $20,0000 in mid-December 2017. So far in 2018, as of mid-March, the average is just over $11,000. Bitcoin’s price has risen exponentially, as has interest in it from regulators, speculators, developers, innovators, economists, journalists, bloggers and ...
19 March 2018 /payments Innovation in Financial Services
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