Correspondent banking as we view and use it today is the result of a slow and natural evolution.
Accurately quantifying customer experience can seem an immensely nebulous task. While the benefits of improving this are evident, there is no clear method of measuring it.
The Rise of Real-Time and cross-Border, by Peter Larsson, Principal Solutions Consultant, Real-Time Payments - Europe & North America
The Eurosystem project to consolidate TARGET2 and T2S and to meet changing market needs by enabling a truly real-time 24x7 settlement infrastructure for cash, securities and collateral aims at increasing efficiencies and optimising liquidity management across all TARGET Services.
The payments community is well used to the abundance of acronyms that has become its legislation of late, but less so to the grey overlaps between various directives and standards - least of all Strong Customer Authentication (SCA) within the online and e-commerce payment experience.
Payments and settlement structures to get a makeover with the T2/T2S consolidation project. But are the banks ready yet?
In 2020 another seismic upheaval looms on the horizon for the European financial community.
Online customer authentication has recently been revolutionized thanks to the introduction of the new enhanced 3D Secure 2.0.