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SWIFT’s decision to delay migration of cross-border payments to ISO 20022 by 12 months has important strategic implications for the industry. With multiple market infrastructures moving to ISO 20022 o...
The 13th edition of Merchant Payment Ecosystem (MPE) had a lucky break, being one of the last large‑scale conferences to take place before the COVID‑19 virus spread in earnest. The show took place fro...
The European Banking Federation (EBF), the European Association of Co-operative Banks (EACB) and the European Savings and Retail Banking Group (ESBG) point out that the crisis has brought to the fore ...
Umberto Eco once wrote “Everything is repeated, in a circle. History is a master because it teaches us that it doesn't exist. It's the permutations that matter.” In addition to the effects on the sup...
In today’s design of (software) solutions, providing a frictionless user experience is (and should be) a top priority within every organization. While payments have already gone through a major evolut...
On March 12th, the SWIFT board of directors quietly issued a huge announcement about the future direction of the business. An announcement that is probably the most significant since the business was ...
Innovation and technology usually go hand in hand. Therefore, for innovation to be fully realized, the technology that enables the innovation must be adopted as well. During the last 5 years, we hav...
In a statement released on 25th March, the European Banking Authority (EBA) has confirmed that, for the moment, the December 31st 2020 enforcement deadline for PSD2 Strong Customer Authentication (SC...
When most people think about the term “Bank” they probably envision a retail branch with long queues, behind a rope waiting to seek the services of a teller or branch representative. Well those days a...
Just over ten years ago, in 2009, Jack Dorsey of Twitter fame launched Square, changing the PoS industry as it existed. Square used a simple magnetic-stripe card-reading dongle that plugged into the ...
As the Coronavirus outbreak spreads globally, users are beginning to change their digital behaviors. One emerging trend, not surprisingly, is an increase in the use of Remote Access. Criminals conside...
Throughout the week, steady low level activity has been visible regarding digital currencies globally. It's only Tuesday, but the cross-border public policy arena has suddenly become much more welcom...