Global Payments & Transfers Insights
21st June 2018
Regulation, compliance and legacy systems have, for so long, been the stumbling blocks for financial institutions to capitalise on the new digital age where there are few barriers to international trade.
Cross border payments, clearly essential when trading internationally, go to the heart of the conundrum currently facing tier two and three... read more
19th June 2018
Despite Brexit uncertainty, the average UK SME made international payments of £48,000 in Q1 of 2018, up 5% year on year and the second highest amount recorded in over two years. It would seem that efficient payments in a range of different currencies are more crucial than ever, and UK businesses need to keep up.
Complex, fragmented... read more
11th June 2018
At Money20/20, bobsguide and PaymentEye caught up with Transact Payments (TPL) and GATE about their new partnership, the future of e-wallets, the interplay between US and EU paytech and the growing role of crypto in the payments space.
Listen below or here.
6th June 2018
“I’m not a big fan of Brexit,” says Norris Koppel, CEO of Monese, on the sidelines of Money 20/20, in Amsterdam. “It flies in the face of financial inclusion. That’s why we hired the Brexit bus as a bit of a tongue-in-cheek mockery.”
The former Leave bus, repurposed for financial inclusion.
Instead... read more
30th May 2018
Blink and you could miss it.
Commerce is undergoing a massive transformation and becoming a hot-bed of rapid revolution. It’s where you see some of the most exciting new ideas come to fruition and incumbent providers failing to innovate being replaced by players embracing new technologies.
The movement is driven by changing consumer... read more
29th May 2018
In recent years we have seen the rapid progress of two independent developments in the payments space, namely the transition to the ISO 20022 standard and the rise of API-based interfacing. Now we see these two streams beginning to merge.
The transition to ISO 20022 has largely been driven by the modernisation projects of major payment... read more
15th May 2018
A recent poll taken at the bobsguide Fintalk webinar, ‘Real-Time Payments: the growth opportunities and challenges’ revealed that 56% of the webinar audience would adopt real-time payments within two years.
Interestingly, a further 36% were undecided on adoption highlighting how pressing the conversation around real-time payments... read more
8th May 2018
“Cryptocurrencies may have yet to shake off their ‘Wild West’ reputation,” said Nauman Anees, CEO of ThinkCoin, in a recent statement.
His statement follows the release of the trading platform’s survey of 1,000 UK adults that found trust to be the biggest barrier to buying crypto (37%), followed by understanding... read more
2nd May 2018
Barclays has announced a new strategic partnership with PayPal in the UK and US that is designed to enable customers to manage and use respective accounts together with greater ease, for the first time.
It suggests a move with serious industry implications.
Commenting on the partnership in an announcement, Ashok Vaswani, Barclays UK CEO,... read more
24th April 2018
SWIFT has today announced that HSBC has joined SWIFT global payments innovation (gpi), joining 50 banks that are already live from 150 that are committed to the gpi project.
Hailed as a “game-changer” by Lars Sjögren, global head of transaction banking at Danske Bank, the development comes at a time when correspondent banking... read more