A study by the London-based insurance market warns that economic losses could be similar to losses unleashed by Superstorm Sandy in 2012.
Open banking promises to provide better services to consumers, more informed decision making and lower costs for banks. However it also requires a mindset change by the industry.
Businesses are looking for speed and convenience for cross-border transactions and the good news is that real-time international payments are on the way.
Traditional banks and fintechs are in a “summer of love” period, the year of reciprocity, of mutual respect and joint ventures.
Steel producer thyssenkrupp and chemicals group BASF were among the multinationals to report on their experiences at the recent SAP Ariba Live event in Prague.
The General Data Protection Regulation (GDPR) will be enacted on May 25 2018 and promises to revolutionise the way that firms collect, store, process and protect the personal information of customers, clients and employees.
A global survey reveals high demand among US and European small and medium-sized businesses for fast and innovative payment and banking services.
A PwC global report finds that a majority of financial services firms plan strategic partnerships with fintech start-ups, while nearly half intend to make acquisitions.
The virtual currency has blazed a trail, but rather than bitcoin it’s more likely that banks will use their own cryptocurrency as the agent of change.
A survey of US and European merchants and suppliers finds many unwilling to meet the cross-channel demands of customers, and suggests that no company has perfected multi-channel commerce.