978 Results from /wholesale
Fiaz Sindhu Head of Community Banking at FIS
“Our ability to manufacture fraud now exceeds our abilities to detect it.” This observation was not made by a banker, but the actor Al Pacino. And it leads one to wonder, how pervasive is fraud and the unremitting threat of fraud in American life? Certainly bank leadership recognizes the relentless growth of this criminal activity, even as they con...
27 September 2024 /wholesale /crime
Kyrylo Reitor Chief Marketing Officer at International Fintech Business
In the landscape of fintech, electronic money institutions (EMIs) are authorized to issue electronic money (e-money), which is a digital alternative to cash, stored on electronic devices or remotely at a server. As fintech continues to disrupt traditional banking, EMIs are at the forefront, facilitating seamless, innovative financial services. An ...
25 September 2024 /payments /wholesale E-commerce
A correspondent bank account is a vital system of relationships between financial institutions that facilitates international payments. Here’s a breakdown of the types and benefits of these accounts: Types of Correspondent Accounts 1. Nostro Account: An account a bank holds with a foreign bank. For instance, a Ukrainian bank may have a Nostro accou...
11 September 2024 /regulation /wholesale Banking
Mastercard is more than a payment processor; it's a strategic ally for businesses aiming to expand their reach, enhance customer satisfaction, and optimize operations. Key Benefits of Mastercard Integration: Global Market Access: Tap into a vast customer base across the world, increasing your revenue potential. Unparalleled Security: Safeguard yo...
23 August 2024 /payments /wholesale Banking
Raktim Singh Senior Industry Principal at Infosys
Intelligent Composable Business (ICB) is a powerful tool that empowers financial professionals by breaking down business functions into units that can be easily rearranged or replaced. This modular approach not only allows them to promptly respond to emerging market trends and customer requirements without system overhauls but also gives them a sen...
30 July 2024 /retail /wholesale Technology for Social Good
Rob Straathof CEO at Liberis
The world’s financial companies, including banks and the larger credit and debit card players, have been in a position of market power for a long time. However, the disruption and digitalisation that’s being supercharged by enhanced customer expectations is changing this dynamic, and fintech is now flourishing. It’s clear from the rise of digital...
19 June 2024 /retail /wholesale Embedded Finance
Mete Feridun Chair at EMU Centre for Financial Regulation and Risk
The finalisation of Basel IV marks a significant milestone in the ongoing evolution of global banking regulation. These comprehensive reforms, concluded by the Basel Committee on Banking Supervision in 2017, introduce critical changes across various dimensions, including risk measurement, capital adequacy, and reporting requirements. In the Europe...
19 May 2024 /regulation /wholesale Banking
Aditi Subbarao Global Financial Services Lead at Instabase
Most of you might not know this… if the 3- to 4-year age group demographic is part of your target market, the product of choice is rainbow cakes. And maybe unicorns, but real cake trumps imaginary animals. Now imagine satisfying a bunch of highly demanding, highly vocal, highly unpredictable, and irrational customers, on a high-stakes delivery,
15 May 2024 /wholesale /cloud Artificial Intelligence and Financial Services
Iain MacLennan Head of Trade & Supply Chain Finance at Finastra
With the growing demand for a consumer-like personalized interaction in trade workflows, alongside efforts to digitalize the industry, there is an emphasis on the need for ecosystem collaboration in trade finance. Agility and collaboration between banks, fintechs, and other third-party software providers will help drive innovation in meeting custo...
02 May 2024 /wholesale Banking Strategy, Digital and Transformation
Serter Kazim Solak Data Engineer Manager at Yapi Kredi Bank
In this article, I am going to explain how bridging the gap between data scientists and engineers may help your company unlock the full potential of the data. I will demonstrate collaborative strategies that focus on sustainability and emphasise the relationship between data science and sustainability based on the project titled “Step”. Step is a ...
10 April 2024 /wholesale
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