362 Results from 2021, /payments
Anna Kuzmina Expert at Fintech
I know, I know, this ‘banks vs fintech’ sounds sooo 2017. I would have thought that there is nothing to discuss there any longer. But what do you know, it is early 2021 and the first payments-related Clubhouse room I get to speak in is exactly about this imaginary confrontation. People seem to be interested in my opinion on the subject, so here ar...
01 March 2021 /payments /retail Fintech
Abhi Desai Director at Pelican
The open banking ecosystem is thriving. It is poised to dramatically transform how banks and their customers engage and operate, at a scale and pace not seen by a banking industry, best known for its innate inertia for change. Unsurprisingly, this transformation, to provide payment initiation services and share account data with authorised third-p...
28 February 2021 /payments /retail Open Banking
Tuncay Coruh Product Manager at Fineksus
Importance of standardization in financial messaging for international value transfers The current cross-border payments landscape is faced with the problem of lack of interoperability and integration between different clearing systems. To address the issue, standardization in the financial messaging is to be achieved because standardization means...
25 February 2021 /payments /retail Banking Strategy, Digital and Transformation
Sean Salloux CEO at Sentinel Digital
Fintech disruptors powering the banking revolution with behind-the-scenes blockchain infrastructure Blockchain technology has made a significant impact in the banking world. Top global banks including JP Morgan, The Bank of England, and Deutsche Bank are among the early adopters of the nascent technology. Banks are increasingly integrating digita...
24 February 2021 /payments /crypto Blockchain in Banking and Financial Services
Rolf Hauge CEO at Commercial Banking Applications (CBA)
The new ISO 20022 global payments standard will change the way banks send cross-border payment instructions. It’s clear that banks and vendors have different degrees of readiness for its arrival. Some banks are already quite advanced in their preparations. Others remain behind the curve. At the same time, banks must also prepare to switch to using...
24 February 2021 /payments
Retired Member
Banking has traditionally been an industry slow to change. Our very concept of a bank has, until the last decade or so, remained consistent with the big, high street providers that define how we think of banks and banking. Of course, the advent of digital payments and mobile banking quickly changed all that. But while we’re now used to banks as vir...
22 February 2021 /payments Financial Transformation
A lot is being documented on how COVID has accelerated the digital banking and transformation agenda, as more remote channels have become the norm for everyday banking. Similarly, the pandemic has also had a very profound effect on payments, and ironically it is the way in which cash is used that is driving how future trends will shape up. For sev...
19 February 2021 /payments The Payments Business
Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions
Every time a shiny new fintech product or service enters the market, finsurgents immediately predict the death of traditional banks. But traditional banks always go laughing all the way to the - ahem - bank. We saw this behavior when mobile wallets were the rage 8-10 years ago. Finsurgents predicted that they'd kill credit cards. Didn't happen. In...
18 February 2021 /payments /retail
Jeremy Light Co-founder at Fourdotzero
Bitcoin at 50k USD In March 2018 I posted a Finextra blog “Bitcoin at 50,000 USD”. It was framed as a scenario rather than a prediction and I observed that no-one could possibly know with any certainty what would happen next with Bitcoin. However, the objective of the blog was to examine what Bitcoin and the crypto landscape would look like should...
18 February 2021 /payments /crypto Blockchain in Banking and Financial Services
Guillaume Lepecq Chair at CashEssentials
Might we be witnessing cash in its death throes at the bloody hands of coronavirus? Some who would benefit from the would-be demise of physical money see a silver lining in the most brutal recession since the 1930s. The argument is that digital payments have grown exponentially in the coronavirus pandemic, capping a decade of sustained growth in ne...
15 February 2021 /payments /predictions
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