With less than 10 months to the November Go Live of the first Pan European Instant Payment Scheme, defining a successful business strategy to ensure the necessary flexibility to adapt to fast-changing scenarios is key to every Player in the Payment Industry.
Proof of Concept has been launched to determine if distributed ledger technology could help banks reconcile their nostro databases in real time.
The European Union’s revised Payment Services Directive (PSD2) will be a game changer for the financial services industry when it takes effect in 12 months’ time. How should each party that will feel the impact of PSD2 be responding?
Banks in the region face a growing range of challenges in maintaining their correspondent banking relationships. This article suggests how they are being addressed via new technologies and services.
Various factors are forcing banks to decide whether or not they will continue to operate in the cross-border payments space. This article examines the pressures that are putting a strain on the current model.
The next wave of financial technology innovators to watch will come from Africa and Asia, predicts WorldRemit.
Unique ID, full checkout in electronic commerce and marketplace settlements will all feature in the year ahead, says SIX Payment Services.
If they have not already begun their preparations for the introduction of the Payment Services Directive, European banks will need to make it a priority task this year.
An open letter to the banking industry, which is far from prepared for the wide-ranging impact of open banking.
The most recent edition of the annual survey by consultant Strategic Treasurer and software provider Bottomline Technologies highlights current forecasting practices, data aggregation, SWIFT awareness and projected IT spend among corporate treasurers.