Post-Brexit software support required for SMEs

23rd November 2018

Company: bobsguide
Small businesses are still struggling to figure out the implications of Brexit and will have a “desperate need for support”, says Pamela Novoa Ralli Sage’s vice president, product. “We fundamentally believe that Brexit will have an impact on our customers, probably much bigger than the impact something like GDPR had.... read more

BIN sponsorship: how to get it right

22nd November 2018

Banking Identification Number (BIN) sponsorship is a quick shortcut for many companies looking to get their proposition to market both domestically and overseas. BIN sponsorship allows firms to process payments through an intermediary that is a direct scheme member. Why not go direct? Direct scheme membership is often costly, time consuming and... read more

Case study: TD Bank & Bottomline team up to tackle payments

21st November 2018

Company: bobsguide
Thorough checks are required when selecting a third party tech provider of any system – not least when a bank looks to incorporate a new payment infrastructure. The payments ecosystem in the US has become increasingly complex. Many business to business transactions are still made in cheques, while technological advances have led... read more

Implementing a netting solution

21st November 2018

Company: BELLIN
Multinational corporations are familiar with some of the obstacles involved with intercompany commerce. Foreign exchange risk, transaction quantities, and stagnant payment approvals can be expensive. In the realm of treasury management systems, a netting system can be the perfect solution. The following 2-part series will cover the basics of a... read more

Open Banking: infrastructure firms “invisible” as incumbents’ appetite varies

20th November 2018

Company: bobsguide
"Critical" work conducted by infrastructure organisations – which provide aggregating services for Open Banking protocols – is being overlooked, says Iain McDougall, Stripe’s UK & Ireland country manager. It comes at a time when parts of the banking community have reacted differently to Europe’s Payments... read more

Making private bankers more productive

20th November 2018

The transition to the use of digital tools in private banking is drawn by inefficiencies experienced by private bankers. If not dealt with, they will likely impact client satisfaction aside from making the private banker less productive. At the outset, qualified and experienced private bankers are very limited. And the problem is training private... read more

Capital markets participants look for fintech assistance

19th November 2018

According to a PwC report, 86% of banking and capital markets CEOs indicated that over regulation is their top concern, with the speed of technological change came a close second at 85%. A poll of the bobsguide audience conducted during a recent webinar, suggested many firms are looking to external service providers... read more

Google IPs redirected: Williams highlights risks of cloud for financial services

19th November 2018

Company: bobsguide
On November 12, a prefix leak resulted in Google’s IP addresses being redirected to ChinaTel, according to a bobsguide source. “While this is a redirection of IP addresses of Google’s data for search and cloud services, it would have been a different story if it had affected financial companies and particularly trades which are... read more

How technology is making bank fee analysis more efficient

19th November 2018

Company: BELLIN
Bank fee analysis remains a topic that is mundane yet extremely vital for treasurers. Essentially, bank fee analysis involves taking a meticulous look at your current and future fee structure from the relationships you have with banks and attempting to mitigate fees where possible. Traditionally, it was executed manually by generating reports and... read more

Outmuscling Stripe, PayPal and Adyen: new attitude vital for banks

19th November 2018

Company: TAS Group
The race to market domination is well and truly underway as fintechs rub elbows with established banks in the payments space. And the ideal conditions for fintechs seem to be converging to label 2019 a make or break year for the banks. From the regulators, a year on from PSD2, fintechs are now able to combine more and more insights from... read more