How do banks, the long-established players in the payments market, best respond to the revolution that is now underway?
Why does bank documentation have to be so cumbersome? What can be done about it? This article proposes a way forward for the industry and its customers.
SWIFT has failed to keep pace with the revolution in international payments since its formation in the early Seventies and has little incentive to raise its game.
Despite the profound changes created by SEPA and faster payments initiatives, behind-the-scenes process overhauls are long overdue to keep up with the digital age.
Global consulting firm Bankable Frontier Associates (BFA) is partnering with The MasterCard Foundation to launch Financial Inclusion on Business Runways (FIBR), a ... read more
Financial services firms have used electronic messaging services to do business for many years. Formats and syntaxes have evolved over time, with messaging now used across the entire value chain of financial transactions.
Six members of the European Automated Clearing House Association (EACHA) have joined forces to deliver centralised and optimised processing services for single ... read more
Credit-related activities such as corporate financing and debt issuance remain important. However, corporates are increasingly basing their choice of bank on the ... read more