1068 Results from 2020
Retired Member
Even if a consumer fails to pay their debt, you shouldn’t stop serving them. Now, more Americans than ever have debts, as the statistics shows, which should not be a surprise whatsoever; in these challenging times, people seek to save more for a rainy day. At this point, lenders should preserve a top-level quality of the service and continuously de...
07 December 2020 /payments /wealth Personal Finance
Amita Choudhary Marketing Manager at Princeton Growth Accelerator
While some sectors of the economy are struggling, many are using the recent world events as an opportunity to finally get their business ideas off the ground. If you are part of that group, or if you have a relatively young company that is just now gaining ground, here are some of the common pitfalls you should avoid. Overworking yourself or your ...
06 December 2020 /startups Whatever...
Barley Laing UK Managing Director at Melissa
The global growth of banks and challenger fintechs based in the western world has long been restricted because of issues related to effective identity (ID) verification. The stumbling block has been large parts of the world’s population, particularly in Africa and Asia, lacking verifiable private addresses and internationally recognised IDs. This ...
04 December 2020 /regulation /identity Banking Strategy, Digital and Transformation
Andrew Beatty Head of Wealth, Retirement & International at FIS
As the global financial services industry accelerates towards real-time payments, banks must find a way to keep up. Banking expert, advisor and futurist Brett King suggests that “The best service in financial services happens in real-time and is based on customer behavior”. But making the move to real time is not easy, and many institutions face ...
03 December 2020 /payments /retail Banking Strategy, Digital and Transformation
Rolf Hauge CEO at Commercial Banking Applications (CBA)
I shared my thoughts this time last year about the upcoming SWIFT Releases originally scheduled for 2020 and the importance of early preparation. Earlier this year, the planned SWIFT changes for Trade Finance Category 7 for Guarantees and Standby Letters of Credit were pushed back to November 2021. This delay comes on top of an earlier postponeme...
03 December 2020 /wholesale /predictions SWIFT Matters
George Still Proposition Owner - Wealth at Iress
Digital transformation - two words that, depending on your nature, may terrify or delight you. Yes, it's a significant undertaking and usually requires high upfront budget and effort. However, depending on your current state of play it may actually prove to be the most cost effective and expedient approach too. There are two fundamental approache...
03 December 2020 /wealth /cloud
Back in 2019, the Financial Conduct Authority (FCA) put forward a proposal to impose a ban on crypto derivatives for retail investors, including options, futures, contracts for difference, etc. And in October 2020, it published PS20/10 – a policy statement prohibiting the sale to retail clients of derivatives and exchange-traded notes referencing ...
03 December 2020
Investors and coin collectors now have something to look forward to. In early October, the US Mint unveiled the design of the new American Eagle Gold and Silver coin designs, which will come to market in 2021. This includes bullion and collector versions of the coin. Bullion coins are one of the easiest ways for everyday consumers to invest in and...
03 December 2020 /markets Financial Inclusion
Kristen Jason Senior Product Marketing Manager at Alacriti
The holiday season is already here, and there is much speculation about how this year’s events will affect the traditional economic impact of this time of year. Here are the payment trends we expect for: Retail You’ve probably noticed that retail stores have been advertising their Black Friday sales way before Black Friday. A primary reason is tha...
02 December 2020 /payments /predictions
Konstantin Rabin Head of Marketing at Kontomatik
Today more and more investors are relying on the Fintech industry considering the tendency nowadays in every single sector of the world to digitalize. As technologies emerge, the number of fintech startups rises all over the world and many startups play an important role in the rise of the national economies. However, the success of any type of st...
02 December 2020
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