Non-bank competitors

632 articles tagged with this keyword

/Non-bank competitors

Swift Operations Forum Europe 2019, Amsterdam - Day 1 report

Financial services innovation and how industry participants can keep up with ecosystem culture were two of the key themes on day 1 of the Swift Operations Forum Europe (SOFE) 2019.

/payments

P27 Momentum: Key milestones for stakeholders in 2020 and beyond

Henry Ohlsson, deputy governor, Riksbank kept Nordic payments professionals entertained during NextGen Nordics: P27 Momentum during his session on the role of the central bank in a changing environment.

/payments

P27 Momentum: Challenges for creating a pan-Nordic payment region

While banks, businesses and customers operate across the Nordics, infrastructure remains national. At NextGen Nordics: P27 Momentum, executive advisor at Nordea Johanna Lybeck-Lilja continues discussion on the pan-Nordic clearing system to be launched in early 2021 and reiterates that while the region has a long history of cooperation, the cross-border challenge has not been solved.

/Non-bank competitors

Citi keeps cards close to its chest over Google partnership

Citi appears to have downplayed Google’s involvement in the new checking account, which is set to launch next year and announces the internet giant’s much-expected move into banking services.

/payments

Alipay target: Serve 10m European SMEs by 2024

Alipay has set a target of supporting 10 million small to medium sized businesses in Europe over the next five years with new payment innovations and partner programmes.

/Non-bank competitors

JPMorgan targets ecommerce and gig economy firms with e-wallet

JPMorgan Chase has moved to bolster its valuable wholesale payments business by building an e-wallet that lets e-commerce and gig economy firms such as Amazon and Airbnb offer their customers virtual bank accounts.

/retail

Retail banks losing the race to challengers in the last mile

Capgemini and Efma's World Retail Banking Report (WRBR) released today finds that consumers are increasingly choosing challenger banks due to poor customer service in the 'last mile' of service delivery from high street incumbents.

/Non-bank competitors

Tracking Bitcoin's highs and lows

The volatile nature of bitcoin trading has been brought into the spotlight by recent sharp rises and falls in the cryptocurrency after Mark Zuckerberg's grilling in Congress was countered by positive sentiment from China about blockchain and a future central-bank backed currency.

/Non-bank competitors

Money 20/20: Banks can be creepy, as long as they personalise services

John Thomas, head of enterprise, innovation & strategic business architecture at TD Bank showcases his expertise on how to leverage data to synthesise the customer experience while at the same time, remaining hyper-relevant in the banking sector at Money 20/20 USA in Las Vegas.

/inclusion

Money 20/20: Latin American fintechs can serve the US better than US fintechs

Fintech firms born and bred in Latin America have survived and thrived in markets in which political and economic uncertainty requires new players to be agile and flexible.

/payments

Money 20/20: The Chinese payments space is a critical enabler for e-commerce

Shining the spotlight on Asia, key trends defining China’s place in the global e-commerce space are discussed in sessions at Money 20/20 USA’s Leadership Lodge, diving deep into how fintech firms are adapting to deliver broader, yet innovative services to support a diverse range of merchants with cross-border payments.

/Non-bank competitors

Zuckerberg and Libra have further questions to answer, Nick Ogden tells Finextra

Facebook’s Libra Project has questions of liquidity to answer in order to prove its doubters wrong, says Nick Ogden, creator of Worldpay and ClearBank.

/payments

BNY Mellon director: US has more B2B open banking activity than Eurozone

Laura McGortey, director of strategic partnership solutions at BNY Mellon, claims that there is more open banking activity in the US B2B payments space in comparison to the Eurozone, on the final day of AFP 2019 in Boston.

/payments

A treasurer’s best practice guide to global payment integration

Corporate business success stories can only be achieved if treasury professionals are keenly aware of the payment options, innovations and regulatory changes that are, can and will impact financial operations.

/Non-bank competitors

UK fintech Tide raises £44m in funding

Tide, the leading digital business banking platform[1][1], has today announced it has raised £44.1 million (US$54.3 million) in a first-round of Series B funding.

/Non-bank competitors

Ten Thai banks to trial biometrics

Thailand's central bank is set to launch a test-use of biometric technology and has announced that ten institutions will participate.

/payments

81% of banks would collaborate with fintech partners to execute digital transformation - Finextra

At EBAday 2019, hosted by Finextra in association with the EBA, it was revealed that 81% of banking executives would collaborate with partners to execute digital transformation most effectively.

/cloud

Atom Bank transitions to Google Cloud

Atom bank announces today at Sibos in London that the mobile-only bank will be shifting from third-party data centres to Google Cloud in order to keep pace with digitally savvy customers and offer new services.

/cloud

Sibos 2019: Cloud, AI and privacy are the building blocks of a new digital world

How does an organisation decide if cloud and AI is right for them? This question was hotly debated at Sibos 2019 in London and discussions were also had around how IT leaders need to constantly assess the benefits of the cloud and AI in the context of the businesses they serve.

/ai

Microsoft releases report on FSI's readiness in AI across APAC

Today, Microsoft Asia and IDC Asia/Pacific released findings specific to the Financial Services Industry (FSI) from the study Future Ready Business: Assessing Asia-Pacific’s Growth with AI1, which found that organizations with AI expect to see 41% improvement in competitiveness in three years.