1226 Results from 2024
Retired Member
In an increasingly interconnected global economy, cross-border payments play a crucial role in facilitating international trade, commerce, and financial transactions. However, traditional cross-border payment systems have long been plagued by inefficiencies, high costs, and lengthy processing times. In recent years, technological advancements and ...
15 February 2024 /payments /wholesale Banking Architecture
Nick Green Director at Purple Patch Broking Ltd
Andrew Bailey is under pressure. While there’s been progress in getting UK inflation down, it’s too early to declare victory, just yet. If they cut interest rates too soon and too rapidly—they risk a resurgence of price pressures. If they wait too long—they could do unnecessary damage to the economy, consumer affordability, and labour market. At t...
15 February 2024 /regulation /retail Banking
Konstantin Rabin Head of Marketing at Kontomatik
Bitcoin has been the flagship of the global crypto market for over a decade now. As the adoption of crypto in mainstream industries continues to grow, many are left wondering just how far BTC can go and is it too late to invest in Bitcoin? One thing is for certain - Bitcoin’s popularity is growing, as is its market price. While traditional big busi...
15 February 2024
Steve Dance Managing Partner at RiskCentric
High, medium or low? What does it mean? Does anyone know? This concept of risk appetite as a means to set a risk management strategy has, I must admit, baffled me since it first started to creep into the vocabulary of risk management. And, frankly, I'm not sure any of the statements really mean anything: if company A says their risk appetite [t...
15 February 2024 /security /regulation
Pallavi Gupta Managing Director at Stratevolve
Adoption GenAI momentum is building rapidly across financial services, driven by ChatGPT capturing mainstream attention. Acquiring 1 million users within 5 days and 100 million within 2 months created awe. Executives took note - today, 80% have some exposure and 40% use it daily. Yet only 30% of firms adopt GenAI in a meaningful way currently, mos...
15 February 2024 /wholesale /markets Artificial Intelligence and Financial Services
Robert Siciliano Security Analyst at Safr.me
Why? Because human beings trust by default. Without trust, we wouldn’t survive as a species. From the day we come out of our mama, we simply want and need to trust others in order to survive. And when you mix media in any form, media that we have grown to trust over a lifetime, and then weave in financial fraud, the likelihood of someone, somewher...
14 February 2024
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
The prepaid card sector stands at a dynamic crossroads, marked by fierce competition and expansive growth. As we delve into 2024, several pivotal trends are shaping the future of prepaid cards, from gig economy dynamics to millennial spending habits, the surge in virtual card usage, the popularity of eGift cards, and the innovative approach of pre...
14 February 2024 /payments /retail Banking Strategy, Digital and Transformation
Ed Woodfield CISO at PayQuicker
The real-time payments industry is evolving and expanding. Today, real-time payments reach 65% of demand deposit accounts, and they are increasingly faster and more reliable. In the next five years, 99% of corporations generating more than $1 billion in revenue will use real-time payments. The news is exciting for the industry, but as adoption of ...
14 February 2024 /payments /crime
Henning Holter Director, Business Development at Star Global
Cultural changes are challenging the long-standing loyalty that consumers once had to their bank. The transformation has been driven by the rapid development in technology, along with evolving attitudes toward customer experience, especially amongst younger people. This brings key opportunities for both the more innovative traditional banks and th...
14 February 2024 /retail Banking
Max Koretskiy Investor, Cо-Founder at Blackshield Capital Group
The current model of the global economy functions in such a way that global capital is constantly growing. This is influenced by many factors, including globalization, technological progress, the development of financial markets, as well as population growth and increasing the level of people's income. Additionally, the policies of many Central ba...
14 February 2024 /payments /wealth Fintech
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