1148 Results from 2018
Anna Kuzmina Expert at Fintech
Money2020 is one of the most prominent fintech conferences in the world. Known for its wild parties in Las Vegas, it added events in Europe (Amsterdam and Copenhagen) in 2016, and this year opened up new locations — Singapore, and — wait for it… China. Hangzhou, home of Ant Financial (Alipay), no introduction needed, and Lianlianpay, that was a
22 November 2018 /payments Innovation in Financial Services
Retired Member
Consumers now expect easy and immediate payment services, no matter where they are or what they are buying, whatever the payment method. It may be symptomatic of the ‘age of instant gratification,’ but it also demonstrates how people value financial agility. This was highlighted by a recent system failure with the UK’s Faster Payments System that...
21 November 2018 /payments Data Management 101
Uri Rivner CEO and Co-Founder at Refine Intelligence
Everyone with kids aged nine and above must be painfully aware of the highly addictive online game that became their single most popular post-school activity. And not just kids are playing it: teenagers, professional athletes, movie stars, and basically people with a lot of spare time all flock to Fortnite, the last-man-standing virtual battle s
21 November 2018 /payments Information Security
Fundstrat chief analyst Tom Lee lowered his bitcoin forecast by the end of the year, a major Swiss stock exchange will launch a cryptocurrency ETP, Poland will impose a 19% cryptocurrency tax and other news of the last two days. At the weekend, the situation in the digital money market remained virtually unchanged, but several events occurred at ...
21 November 2018 /inclusion Fintech
Bob Lyddon Consultant at Lyddon Consulting Services
“Request to Pay” or “RtP” is a new service planned for the UK by Pay.uk (formerly known as New Payment Systems Operator), and is likely to be adopted in some form within the Single Euro Payments Area as well. The basic concept is that an invoice for regular utility supplies – like water, gas, electricity, phone – is not collected via Direct Debit a...
21 November 2018 /payments Transaction Banking
Every year, nearly 40 percent of all college students around the world receive a form of payment from their school to help with their studies, living arrangements, and more. Unfortunately, the majority of these payments are still made via cheque, forcing students to endure long wait times and take up the valuable time of campus office administrati...
20 November 2018 /payments
One of the most important aspects of being a successful person is knowing that “you can’t do it alone.” Something I learned at a very early age is that you are only as good as the people you surround yourself with. Hurdling may be an individual sport, but I wouldn’t have reached the top of the podium at the 1992 Olympics without the help and suppo...
20 November 2018 /retail Payments strategies 2015-2020-2030
Anuj Kumar UK Financial Service Strategy Lead at SAP UK
The modern workplace is undergoing tremendous change. In what is being referred to as the Fourth Industrial Revolution, automation is quickly replacing jobs involving repetitive tasks. According to McKinsey, "in about 60 percent of occupations, at least one-third of the constituent activities could be automated, implying substantial workplace...
20 November 2018 Innovation in Financial Services
In a number of my previous blogs, I’ve pointed to the importance of platformification, and the need for banks to explore new revenue models for Open Banking. In this blog, I’d like to explore the topic again, this time taking a look at some of the Open Banking models out there today. As with every business, each bank has its own unique goals, prod...
20 November 2018 Open Banking
For those recently travelling to Australia for Swift’s annual Sibos conference, currency exchange rates were an inevitable topic of conversation. The rates varied enormously, leading one of the major Australian banks to suggest that FX exchange rates should be regulated. A bank asking for regulation is unusual, but maybe they have a point. FX trad...
20 November 2018 /payments /regulation Fintech
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