1520 Results from 2024
John Bertrand MD at Tec 8 Limited
Summary Should the movement to defer the Payment System Regulator’s (PSR) mandated regulations for a year beyond the proposed start date of October 2024 then, at the current rate, a million bank account holders will be scammed out of £480 million. The banks will lose £240 million and so will the victims every year until the situation changes. Frau...
02 September 2024 /payments /regulation The Payments Business
Kiran Komma Senior Domain Consultant at Tata Consutlancy Services
Globally most of the markets operate in T+2 settlement cycle and transition to T+1 settlement is gaining momentum across different geographies. Benefits of the move to T+1 settlement include reduced systemic risk, decline in margin requirement and improved operational efficiency. India moved to T+1 in phases and completed transit...
02 September 2024 /regulation
Alexander Saleh Head of Partnerships at Coincover
2024 is proving to be another volatile year for crypto. Since reaching a record high in March, the price of Bitcoin has fluctuated significantly. There is near-constant speculation around if and when the next bull run is coming, but in many ways, it doesn’t matter whether the market is up or down. It is crypto’s volatility itself that continues
02 September 2024 /security /crypto
Alexander Boehm Chief Executive Officer at PayRate42
Cryptocurrencies like Bitcoin, Ethereum, and others have revolutionized the world of finance and investment. However, what happens to these digital assets when the owner passes away? Unlike traditional assets, the inheritance of cryptocurrencies involves a unique set of challenges and considerations. This guide will explore how to ensure your di
02 September 2024 /wealth /crypto
Max Koretskiy Investor, Cо-Founder at Blackshield Capital Group
Financial inequality is a global issue that has a profound impact on individuals and society. It has recently garnered significant attention in the asset management industry. Historically, inequality in wealth distribution has been a characteristic feature of societal development, with certain groups and geographic regions accumulating significant...
02 September 2024 /people /wealth Fintech
Alex Kreger Founder and CEO at UXDA Financial UX Design
What do bank customers have in common with two NASA astronauts who were recently stuck in space for 8 months instead of 8 days? At first glance, not much. But if we dig deeper, the issue goes beyond a malfunction in Boeing’s Starliner capsule. NASA made a tough call on August 24, 2024: it was too risky to bring two astronauts, Butch Wilmore and S
02 September 2024 /ai /predictions Innovation in Financial Services
Azimkhon Askarov Co-partner at CONCRYT
From blockchain in sports broadcasts to NFT football cards, fintech has been instrumental in changing the way we play, watch, and support sports. As the 2024 Olympics comes to a close, Azimkhon Askarov, Co-partner of CONCRYT, looks at the payments lessons learned and the ways fintech can provide a unique opportunity for sports to redefine payment
02 September 2024 /payments /inclusion
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
The European Union has now almost completed a massive legislation effort to promote the data driven economy. There should be no doubt that this common Trust Infrastructure is much needed in all countries and a new opportunity to take a decisive step towards a much more on a daily level concrete Single Market. It is no secret that Europe needs t...
01 September 2024 /retail /identity Innovation in Financial Services
The financial world is facing a host of challenges brought about by technological innovations and digital transformation. Traditional regulatory authorities play a crucial role in overseeing the sector, but the evolving dynamics of the modern financial landscape—particularly in the realm of cyberfinance—demand additional players: private watchdogs...
31 August 2024 /regulation /inclusion
Edvards Margevics Co-partner at CONCRYT
Gone are the days of signing for a payment – even entering a pin number can prompt exasperated eyerolls from consumers accustomed to completing transactions with a single tap. That expectation has now made its way online, with Open Banking making it increasingly possible to pay without entering card details. But with authorised push payment (APP)
30 August 2024 /security /payments
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