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Consumer Duty: the golden opportunity to make UK financial services work for immigrants?

A quiet revolution has been taking place at the Financial Conduct Authority (FCA). It’s called Consumer Duty. In a campaign to become (in its own words) more ‘assertive and data-led’, the UK regulator has launched Consumer Duty - a set of rules and principles that 60,000 UK financial services companies will be required to follow to ‘fundamentally ...

/regulation /inclusion Banking Strategy, Digital and Transformation

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Making sense out of digital spaghetti

Traditional retail banking institutions are facing a major perception gap between the expectations of consumers and the perceived performance of their brand. This is the central finding of a new report from customer engagement specialist Braze. Similar concerns have been flagged up by consulting firm Capgemini which found that retail banks are cur...

/cloud /devops The digital Chasm

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What is the difference between fiat payment gateway and crypto payment gateway?

What happens in between when customers go to the payment page and when you receive the payment? How does the payment happen? You can thank payment gateways for this. Today, in addition to traditional fiat gateways, crypto payment processors are gaining popularity. We will discuss the differences these services have and the benefits of the crypto p...

/payments /crypto Business

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A Single Job Interview To Identify The Best Professionals

A startup’s long-term success depends on the professionalism and passion of its team. The more competent and engaged they are, the higher the chances for success. This is particularly relevant for projects that are new to the market and want to attract the best experts in the field quickly. How does one do that? Read on for the best tips from BDC ...

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Why Modernize Mainframe

​If the 1994 prediction were to come true, year 2022 would be 28th year of extinction of IBM Mainframe. But in contrast, mainframes are continuing their service and MIPS demand is growing. It continues to be a platform of choice for most of the large mainframe shops. Then what is the issue? Why organizations must modernize the applications? What

/retail Banking Strategy, Digital and Transformation

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Contextual Commerce: The Next Big Thing in Digital

Over the past two decades, retail has come a long way from brick-and-mortar to online. The future is even more exciting as contextual commerce promises to transform the customer experience. So, what is contextual commerce? Simply put, you can buy goods and services while you are engaged in your usual activities—like browsing the Internet, cooking, ...

/payments /retail The Payments Business

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Retired Member 

How To Correctly Price Buy-Now-Pay-Later For SMEs

A few years ago when the wave of consumer buy-now-pay later (BNPL) adoption took off, it was only a matter of time before entrepreneurs looked into a B2B proposition. On the surface it makes sense. B2C merchants seem to be enjoying the fruits of BNPL, including an increase of up to 30% in average basket sizes. BNPL consumer giants like Klarna als

/payments /startups Banking and Lending Solutions

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Why competition analysis should inform all your strategic decision-making

It’s the latter — competitor analysis — that we’ll talk about in this article, looking at some practical challenges that it can solve. Who is this case study for? For companies that face strong competitors and want to stay a step ahead of them. The challenge: identifying growth opportunities for a payment provider Our client in this case study w...

/crypto /markets Marketing in Financial Services

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Polish crypto-authorization (Polish crypto-license)

Is Poland attractive as a jurisdiction for opening a cryptocurrency business? The Polish government, following other European countries (such as Estonia and Latvia), officially regulated entrepreneurial activity in the field of virtual assets last November. Now, entrepreneurs who have built a business on activities related to virtual assets (like c...

/crypto Fintech

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3 ways banks and wealth managers are adopting Embedded Wealth today (and why only one is delivering)

Such has been the stratospheric growth of embedded finance over the last 10 years, it was perhaps always inevitable that it would sprout new limbs and infiltrate other areas of money management from lending to insurance. Among these newer extremities is one that promises to transform how people use their wealth forever – embedded wealth management....

/wealth Embedded Finance

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