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A community for discussing technology trends, views and perspective in global transaction banking
As many others in the Finextra Community did, I recently attended the Sibos 2012 annual conference in Osaka, Japan. Not surprisingly, the three main topic areas for Sibos 2012 were: Global shifts of...
Global ACH, or iACH as it is sometimes called, seems to be the buzzword of the moment. Is there is a good business case for a global ACH? Characteristics of an ACH Automated Clearing Houses are great ...
Transaction banking—the set of instruments and services that a bank offers to trading partners to financially support their reciprocal exchanges of goods (e.g., trade), monetary flows (e.g., cash), or...
The world has been in crisis now for 5 years. That is a year longer than World War I and a year shorter than World War II. To me, the word crisis implies a short moment of panic when something is goin...
Government's decision to wind up the Payments Council and vest control in some form of statutory body raises serious issues of governance and commerciality. The underlying assumption that civil servan...
Some things are very easy to put a value on such as a loaf of bread or a pint of milk. Services are harder to value and prices can vary wildly especially in different geographies. How much should we p...
I have come to the conclusion that readers want to get straight to the point when they read blog articles. Therefore I will outline my opinions in a series of short sentences that should facilitate re...
To understand how Transaction Banking (TB) will evolve there's no need for crystal balls. Just look at what's happening in the procurement departments of the corporate world, and you get a sense of it...
Who owns my data and where it is? Google has a lot of info about me, banks and insurance agents have it too, credit card companies carry a lot of payment data about me plus several other companies and...
There is nothing so unjust as when you have to pay for something that you think should be free or if you have to pay far more than the value that you perceive. News on the Internet, credit card annual...
Kudos to the Transaction Banking practice of PwC for recently publishing their updated review of the trends in and around transaction services. It is a recommended read and does a good job at summari...
When, in 1984, the marketing team at Midland Bank first removed charges from some personal accounts, they couldn't have guessed at the long term consequences for the UK retail market. At a time when...