1030 Results from /wholesale
Ross Kolodyazhnyi CEO at DCM
In a world where people learn to use their thoughts and brain chips to control technology, plastic cards and 2-day transactions still prevail. Such a strange combination, don't you think? It often seems that time slows down when it comes to payments. Because even when you read news about the next big thing in paytech, it may take years to hear abo...
07 March 2024 /retail /wholesale Banking
Retired Member
Trade finance, essential for global commerce, facilitates 80-90% of trade transactions, serving as a primary driver for economic growth. However, its heavy reliance on paper contrasts with the digital evolution seen in other financial sectors. As innovation progresses unevenly across the industry, fragmentation emerges as a significant challenge a...
05 March 2024 /payments /wholesale SWIFT Matters
Ivan Heard Global Head of Fraud Solutions at Quantexa
Artificial Intelligence (AI) has surged into the mainstream and is poised to revolutionize operations in the banking sector. Several factors have fueled this surge, notably the exponential growth in data volume and complexity, heightened pressure for swift and precise decision-making, and the imperative for transparency. While generative AI is goi...
29 February 2024 /wholesale /crime Artificial Intelligence and Financial Services
Indra Chourasia Industry Advisor at Tata Consultancy Services (TCS)
The dust storm from the Generative AI frenzy started after the launch of ChatGPT a year ago appears gradually settling down. While bringing the phase of excited delirium to a halt, it also amplifies a mellowing realism amongst both early adopters (explorers) as well as passive copycats about the promise and true potential of Artificial Intelligenc...
29 February 2024 /wholesale /markets Artificial Intelligence and Financial Services
Raktim Singh Senior Industry Principal at Infosys
Federated Enterprise Technology Buying is a method for procuring technology that involves decision-making by individual departments within an organization. This approach acknowledges the requirements of business units and empowers them to select technologies that best fit their objectives. In a federated buying process, buying decisions are made b...
20 February 2024 /retail /wholesale Banking Strategy, Digital and Transformation
1. Introduction It is no secret to many scholars and stakeholders in the banking industry that technology is quickly reshaping the sector. Indeed, technological advances have given rise to what today has come to be known as realtime payments. Essentially, realtime payments refer to electronic payments that are almost instantly settled once they ar...
15 February 2024 /payments /wholesale Payments strategies 2015-2020-2030
1. Introduction Today, real-time payments are being revolutionized by Artificial Intelligence. This is a significant change for the better, because previous ways of making payments have been increasingly problematic. Fraud has been a rising issue in recent years, as current fraud detection methods focus on finding known threats and identifying tre...
In an increasingly interconnected global economy, cross-border payments play a crucial role in facilitating international trade, commerce, and financial transactions. However, traditional cross-border payment systems have long been plagued by inefficiencies, high costs, and lengthy processing times. In recent years, technological advancements and ...
15 February 2024 /payments /wholesale Banking Architecture
Pallavi Gupta Managing Director at Stratevolve
Adoption GenAI momentum is building rapidly across financial services, driven by ChatGPT capturing mainstream attention. Acquiring 1 million users within 5 days and 100 million within 2 months created awe. Executives took note - today, 80% have some exposure and 40% use it daily. Yet only 30% of firms adopt GenAI in a meaningful way currently, mos...
15 February 2024 /wholesale /markets Artificial Intelligence and Financial Services
"Programmable Money" is founded on the principle that its issuer can prescribe its usage, transferees, daily spending limits, and even a termination date. One can put any number of conditions in "Programmable Money." It is a monetary system in which operations are performed automatically, programmatically, and through smart cont...
24 January 2024 /retail /wholesale Futuristic Banking
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