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European banks show excellent COVID recovery and record profits
European banks reported their second-highest profits in 15 years as the sector overcame the tumultuous conditions created by the coronavirus pandemic. The strong performance was driven by the lowest level... read more
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Business Payments Barometer – Fraud soars in cashless economy
Bottomline has revealed that the shift to hybrid working has left businesses seriously exposed to insider fraud[1], with over half of businesses (52% in GB and 63% in the US)... read more
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Irish mobile payments app Synch gets regulatory approval
In mid-January 2021 the four of Irelands largest banks joined forces to launch an instant payments digital payment app, dubbed Synch, that they intended to promote to help fend off... read more
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Interac e-Transfers surpasses 1 billion transactions in the last 12 months
Interac says that Canadians have reached a money movement milestone. Interac e-Transfer usage has crossed a new threshold, reaching more than 1 billion transactions over a 12-month period for the... read more
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What the staggered implementation of ISO 20022 means for financial services firms
November 2022 marks the point of migration for some of the top global payment infrastructures to ISO 20022, an international standard for exchanging electronic messages between financial institutions, covering cards,... read more
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