1246 Results from 2014
Retired Member
A country or region's economic performance is largely a reflection of how competitive it is with other nations on the world stage. And in Latin America, many countries that comprise it are steadily ascending the ladder of financial success, based on the results of a recent report. The World Economic Forum recently conducted an analysis of 144 econ...
26 September 2014 /regulation Electronic invoicing
Don’t be fooled by Bitcoin. It’s an early incarnation, an experiment, of something much bigger. Maybe even a new era. As of very recently – less than a generation - 100% of world wealth has a smart device. And those devices are always on, and always interconnected. That is a radically different environment from the one that begat our current archit...
25 September 2014 /payments Payments strategies 2015-2020-2030
Lu Zurawski founder, iKnowMe at Lu Zurawski
The acceptance of contactless bank cards by Transport for London (TfL) marks the end of a hugely successful and significant first phase for electronic ticketing and payments for the company. Despite hiccups on the way, large numbers of the general public have learned to love and accept the Oyster card. TfL deserves real praise for teaching us a n...
25 September 2014 /payments
Robert Siciliano Security Analyst at Safr.me
One out of 2,900 seems very small, but when there’s a total of 105 million…then this percentage stacks up in the end. It represents the frequency of calls from fraudsters made to call centers in an attempt to get customer account details so they could steal. Many times these crooks will succeed by conning phone operators into altering personal de...
25 September 2014 /security
Daniel Eckstein CEO at Abrantix AG
Everybody has been watching and waiting for the announcement that Apple will enter the payments market, and …… drum roll …. they’ve just announced Apple Pay! Cool name, but what is it and will it rock the payment industry? First the good news. With Apple, one of the biggest technology inventors has just entered the payment market. Along with the f...
It is all too easy to be overwhelmed by the extensive nature of BCBS239 – its impact will certainly be felt right across the enterprise, and there is still much to be done to meet the deadline of January 2016. As firms attempt to ‘tame the beast’ that is BCBS239, they must remain calm, stick to the plan, and take measured steps without losing sigh...
25 September 2014 /regulation
In last month’s Information Security Forum, CEO Steve Durbin called for changing employees’ behaviour with regards to security and data privacy as a way to reduce business risk. His argument resonates strongly with the financial services world where there’s ever-increasing pressure to apply tougher governance and more thorough risk mitigation. Th...
24 September 2014 /security /regulation
Fintech’s speed of growth hasn’t just surprised the technology sector but the global market too. It wasn’t that long ago when tapping cards to pay for coffee was an idea in a sci-fi writer’s mind. Today, in London at least, contactless payments are ubiquitous. It’s this breakneck speed which makes the insurance sector so curious - when everything ...
24 September 2014 /wholesale Future Finance
(The following is an anecdote from recent future) I was only 10 years old when I got my first tab. It came preloaded with MyBank app. The MyBank app contained free Virtual Currency Credits which I could spend on my favorite social media games. It also inculcated in me the habit of saving since those virtual credits increased by 1% every month if I...
24 September 2014
Nasreen Quibria Managing Director & Founder at Q INSIGHTS
One of the biggest headaches that companies face today is the posting and reconciliation of payments. Details such as invoice number, customer account, and other key information that help explain the purpose of the payment often do not travel with the payment. In turn, this fragmented flow of remittance data leads to inefficiencies and errors rela...
24 September 2014 /payments /sibos
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