Middle and Back Office Solutions Insights
30th May 2018
It's no secret that new technologies have thoroughly changed the music business over the past few decades. The emergence of the open internet blindsided the traditional gatekeepers of the industry—record labels, entertainment retailers, radio stations—and unlocked access for consumers and producers alike. In a short period of time,... read more
29th May 2018
Recent news that a Maersk company carried arms components from North Korea to Egypt - in violation of international sanctions - acts as a fresh warning for those facilitating global trade to be diligent in monitoring and reporting suspicious activity. The transportation of electrical components by a Maersk subsidiary, which had the potential to be... 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
25th May 2018
As consumer adoption of mobile and online commerce channels continues to grow, fraud losses are becoming a major pain point for mature markets. To address this security challenge, strong customer authentication will become mandatory in the European Union. Even without regulatory mandates, the problem is significant enough for providers to take... read more
24th May 2018
Bank internal functions related to risk (CRO) and finance (CFO) nowadays have become key actors for a huge amount of regulatory and management/market requirements.
Recent regulatory requirements, for instance, ask banks to develop comprehensive stress exercises which necessarily involve skills from risk management, planning and accounting... read more
16th May 2018
Collaboration, cooperation, competition. Banks and payment service providers tend to engage in one of three ways. This relationship is contingent on the operational models of both parties. Players within the payments space include payment processors, payment gateways, and acquirers. Each tends to operate within its own niche, but these operations... read more
9th May 2018
Having remained relatively unchanged for many generations, the cross border payments map is being transformed. The forces driving change are coming from all angles, entirely reshaping the landscape, and drawing a new map.
New entrants are changing expectations and demand. Large global banks are retreating from their traditional correspondent... read more
9th May 2018
Automated FX management and IFRS 9: In the course of a joint development project, the textile machine manufacturer Rieter and the reporting specialist TIPCO have created a tool which not only reflects the company’s FX hedging strategy but also prepares hedge proposals. The tool even takes care of the reporting for hedge accounting in... read more
8th May 2018
International treasury and fintech – what’s holding us back? In recent years, the biggest financial players with the strong, established corporate relationships have sought to adopt new technologies in the pursuit of better processes to revolutionise business performance.
Recently, Barclays has been reported to be discussing opening... read more
25th April 2018
Reporter Dave Beach had the pleasure of speaking to Dr Marcell Vollmer, chief digital officer at SAP Ariba during the company's event at the RAI in Amsterdam.
bobsguide's Beach and Dr Vollmer are joined by co-host and editor of PaymentEye, Michael Hocking, and together they discuss James Blunt, the fundamental impact of... read more