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According to the most recent figures in the annual World Payments Report*, there are about 260 billion non-cash payments made each year, with credit and debit card use up by 9.7% at the last count. Th...
I have come to the conclusion that readers want to get straight to the point when they read blog articles. Therefore I will outline my opinions in a series of short sentences that should facilitate re...
Whilst Groucho and MiFID may not normally be associated in the same sentence, the proposed European Parliament amendment activity going on around MiFID II may make Groucho's observation that: 'Politic...
Core Banking Systems were built for a different world - a world that gave precedence in banking systems to security, redundancy and reliability and were architected in a product-centric way. Today, th...
Regulatory Updates Rima Consulting. The Board of Governors of the Federal Reserve System voted to publish final rules (June 7th, 2012) on market risk capital. For Banks with a high proportion of tradi...
Many organisations are awaiting further clarification of requirements before determining their approach to FATCA compliance. Indeed interest groups continue to lobby for further burden reducing conces...
To understand how Transaction Banking (TB) will evolve there's no need for crystal balls. Just look at what's happening in the procurement departments of the corporate world, and you get a sense of it...
Electronic delivery of bills and statements promises to save stationery, printing and postage costs for banks, mobile network operators, municipalities / boroughs, utilities and other types of billers...
At the recent annual Mortgage Strategy Summit I addressed an audience of over 60 industry experts discussing the potential ramifications of CRD IV on the EU mortgage market. I am a born optimist so it...
In the derivatives industry, significant, year-over-year transaction volume growth has become the norm. With high-frequency trading driving up the volumes of trades to hundreds of thousands or even mi...
Overview At present, the limited selection of software that automates supply chain finance (SCF) arrangements tends to be bank-centric. That is, if you want to use software to access a given bank’s SC...
On the 18th of April I organised an expert session during the 11th EPCA summit in Rome. The conference was held in the Palazzo Altieri, a beautiful place with a rich history in the heart of Rome. The...