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SEPA and European Payments

Archive for: October, 2008

Gary Wright - BISS Research - London | 21/10/2008 | 2886 views

SEPA credit transfers went live at the beginning of this year and to date can hardly be called a resounding success. What is presented in the media and the party political line spouted by various pundits masks the truth, that there are fundamental problems with SEPA. The problems have a direct line to the drafting of the Payments Services Directive... Tags: Cards, Payments

Gary Wright - BISS Research - London | 17/10/2008 | 3936 views

EMXCo An STP Story

As news from the markets veer from bad to worse and each day brings more doom and gloom its worth noting one of the big success story's of the last few years. EMXCo were set up in the 20th century to bring some efficiency into investment funds and other collective products that were still operating like it was the 19th century. The basic original ... Tags: Post-trade & ops, Retail banking

Gary Wright - BISS Research - London | 14/10/2008 | 2238 views

We are all bankers now

The part nationalisation of UK banks looks like it will become a global phenomenon with the US already moving towards this solution and the EU following suit if weekend reports are accurate. Is this a bad thing for the tax payer? Despite what tax payers feel about greedy bankers and their reckless use of our money, the salvation of the banks is cr... Tags: Payments, Retail banking

Gary Wright - BISS Research - London | 09/10/2008 | 2257 views | 1 comment

Financial Crisis drives bullyboy tactics

Now I know this might be a small issue in the whole scheme of the global financial meltdown but HSBC seems to be plummeting to new depths of desperation. Only this week, I learnt how HSBC has been harassing, a recently graduated student, initially once a week over the past three weeks but more recently, this has increased to daily phone calls. Tags: Payments, Retail banking

Gary Wright - BISS Research - London | 08/10/2008 | 1895 views

Will we see the return of trade barriers?

In 1929 one of the biggest factors was the introduction of nationalistic trade barriers. These were protective measures to ensure domestic businesses were supported over and above those of the global economy. The effects were disastrous both domestically and worldwide! It was only through the creation of financial instruments in the USA that were ... Tags: Cards, Wholesale banking