1375 Results from 2022
Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions
In his ET WEALTH column entitled If it seems too good to be true, it probably is, Dhirendra Kumar describes the following asymmetry between victims and perpetrators of cybercrime: "Individual victims - even when they are well-off and educated - are poorly equipped to detect fraud. The fraudsters are invariably well-experienced at what they're...
01 December 2022 /payments /crime
Stan Cowan
Risk-based credit pricing can be a great way to expand community-based financial institutions’ loan portfolios while providing the communities they serve with a way to repair credit and obtain needed funding without having to engage with predatory lenders. But it must be done carefully to ensure the financial institution is not unnecessarily expos...
01 December 2022 /identity /crime Financial Risk Management
Liam Chennells CEO & Founder at Detected
It should come as no surprise to anyone that the UK has a fraud problem. Bosses at UK Finance, HSBC and NatWest have recently called out Companies House for, once again, facilitating business fraud. While Companies House has long been an easy target for fraudsters, the main aim of the online register has been to reduce fraud by requiring specific c...
30 November 2022 /regulation /crime
David Ritter Director, Financial Services Strategy at CI&T
Thanks to its popularity among Gen Z's go-to retailers, the buzz around Buy Now, Pay Later (BNPL) may seem new, but the concept is as old as credit itself. What makes BNPL different is the seamless digital delivery it provides to enhance the online shopping journey. Want that new jacket but don’t have the funds? Forget borrowing from friends &...
30 November 2022 /payments /predictions BNPL
John Bertrand MD at Tec 8 Limited
Over the last three months, The House of Lords, European Commission and the Payment System Regulator (PSR) published detailed reports and proposals on how to prevent instant payment fraud. It is not easy and requires multiple partners to work together and consumers and business to do their part to stop these escalating frauds by having robust, man...
30 November 2022 /payments /regulation The future of Payments in Europe
Nick Horne Sales and Commercial Director at Suresite Group
The latest evolution of the Payment Card Industry Data Security Standard - better known as PCI DSS - has recently been made available, making now a great time for businesses to focus more attention on PCI compliance. Periodically updated to drive improvement, this latest version - PCI DSS v4.0 - won’t come into effect until March 2024, but it is o...
30 November 2022 /security /payments The Payments Business
Retired Member
MSB services have come to the rescue of many, who can’t access banks immediately and want to transfer money or carry out trade exchanges. So, it surely provides time and place convenience. We all know MSB services include cash acceptance for a transaction or currency exchange, global remittance services, check cashing outlets, and facilitating paym...
30 November 2022 /security /crime Online Banking
David Gaskin VP, Financial Services at IDA Ireland
Finding skilled workers is the lifeblood of growth for fintech companies but the realities of the world market in 2022 make this more challenging than ever. Promise is abundant in this space that combines financial services with information technology -- the fintech industry is projected to reach $190 billion by 2026 with a CAG of 13.7% -- but
29 November 2022
The needs of your corporate banking clients are changing. Demand for digital-first solutions, automation, and rich data has steadily increased over the past decade. We’ve seen some improvements to corporate banking services, but nothing to write home about. Ecosystem banking is one way that banks can get ahead. What is ecosystem banking? Ecosyst...
29 November 2022 /payments /cloud Transaction Banking
The rising adoption of e-invoicing globally is coinciding with a decline in the use of traditional trade finance instruments. And a growing dependence on supply chain finance solutions fuelled by digital data. Banks, for whom trade finance has largely been a concentrated market, have a unique opportunity to enter the fray. e-Invoicing automation c...
29 November 2022 /retail /wholesale Banking Strategy, Digital and Transformation
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