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Blockchain: new DNA for financial transactions?
From modernising payment infrastructure and enhancing security, to driving efficiencies and innovation. Whatever the question, Blockchain seems to be the answer nowadays. Announcements from the last month alone are fairly typical. The Swiss stock exchange said it is building a Blockchain proof of concept for securities processing. IBM and China UnionPay are putting bonus points [...]
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Millennials waiting for digital payments ‘uber moment’
It is no secret that millennials have been heralded as the generation which holds the key to the success or failure of digital payments innovation, often embracing new solutions en masse or rejecting them at pace. Research by VocaLink, one year in its making, reveals that the latest technology being developed in the payments sector [...]
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Understanding the PSD2 regulation – everything you wanted to know
The revised Payment Services Directive (PSD2 regulation) is set to bring payments in Europe to the next stage of development; it is a data and technology-driven Directive that aims to help develop a unified payment services sector that better fosters competition, innovation and security of internet payments and account access. In a new White Paper [...]
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Half of global banking customers now using FinTech – World FinTech Report
Half of banking customers across the globe are using the products or services of at least one FinTech firm[1], according to the first World FinTech Report (WFTR) from Capgemini and LinkedIn, in collaboration with Efma. The inaugural report quantifies and tracks customer response to the rise of FinTechs, includes the views of financial services industry [...]
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Mobiles and money: reinventing financial services for Millennials
There is a very good new report on financial services for millenials from Telstra Global Enterprise Services titled Millennials, Mobiles and Money – The Forces Reinventing Financial Services which makes facinating reading. Rocky Scopelliti, global financial services industry executive at Telstra argues in the report that Millennials – born between the early 1980s and early [...]
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