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A community for discussing technology trends, views and perspective in global transaction banking
When I wrote my comment to a previous announcement about the KYC registry I did not want to do the bird of ill omen to SWIFT although all planets seem aligning to put the bank cooperative into a corn...
Banks have seen a number of challenges over the past few years and now find themselves facing a brand new, unexpected challenger in the payments marketplace: the telecoms! Can telecom service provider...
Two very recent announcements from SWIFT and KYC Exchange represent the first concrete answers to growing market demand for a common and global repository for Know Your Customer (KYC) information. I...
Emerging trends-Impact on banks & what they are doing Currently, the main focus across banks is on innovative use of technology and in the below three streams: 1. Products, services and markets ...
I recently published a blog post titled “International Expansion in Financial Services” discussing how banks are supporting the needs of multi-national companies through expansion into new geographie...
Corporates in advanced economies are accelerating their international expansion ambitions as they look to escape slow growth at home and expand abroad, looking to capture sales growth in geographies t...
http://money.cnn.com/2013/06/11/news/world/bank-error-napping/index.html Speaking of transaction banking and exception management, a bank clerk nodded off for a second while processing a transfer requ...
I am thinking of a model where companies will exchange payments via the same network infrastructures they already use for business-to-business (B2B) transactions such as purchase orders, sales orders,...
I am happy to share the initial findings of my research on how transaction banking is transforming. I will post additional information as my research develops and new fact-based findings emerge. Tra...
When my dad wanted to underline something as especially true, he would use the phrase "you can take that to the bank." If someone wanted to underline the chances of something making money, t...
Last week NetPosti (Itella, local postoffice) provided new payment option for their virtual post office in Finland. Idea is neat and I already see global copy cats to use same idea in larger percpect...
Last week, Deutsche Bank ran a SEPA outreach event, bringing the practicalities of migration to SEPA compliance to a large group of their current and prospective clients. The end date of course is Feb...