The cost of collecting cross-currency payments - setting up currency accounts, FX conversion costs (can be as high as 200 bps or more) and the processing charges - can be 3-5% + of the value of the…
Read moreby Kylene Casanova
Same day ACH debits, PSD2, Alipay, mobile payments slow growth, MasterCard B2B payments hub for SMEs, insights into B2B payments, EMV chip card penetration/region
by Kylene Casanova
A brand new clearing bank with no consumer customers that will break the big four monopoly and open up whole clearing in UK starts in 3Q 2017
by Kylene Casanova
Non-bank participation in SWIFT GPI expands potential for real revolution in cross-border payments and improvement in prospects for correspondent banking
by Kylene Casanova
Ebury joins SWIFT gpi to provide corporations with improved cross-border payments globally
by Kylene Casanova
Google, SAP Ariba and IBM, new B2B provider, Visa links to Accounts Payable, mobile platforms from Dutch and Danish banks, Apple iCash?, Subscription economy is here
by Kylene Casanova
Virtual accounts and cards: Minimise reconciliation admin and hassle. Show who the payment was from and what for. New Amadeus and US Bank B2B virtual card shows how
by Kylene Casanova
Alipay, Wechat Pay made record USD 2.9 trn online payments in China in 2016, whilst another UN survey reveals that Internet users are increasingly concerned about their online privacy and lack of trust in e-commerce
by Kylene Casanova
Intesa Sanpaolo and EBA clearing announce successful first testing results as development on target?
by Kylene Casanova
Two key questions are: is WHO is the payment from and WHAT for?
by Kylene Casanova
US blockchain company Wyre are in the process of acquiring Chinese payments platform Remitsy to provide US-China business payments service in which payments take a few hours rather than days
by Kylene Casanova
European Payments Council infographic shows why Payment Services Directive (PSD2) was created, the main changes, who is who, possible roles, and the likely calendar. It will change your life
by Kylene Casanova
SWIFT GPI videos show what they have in mind
by Kylene Casanova
Major global transaction banks are now live with SWIFT GPI, but which of the new services are they making available to you and how?
by Kylene Casanova
Systems that just work, don’t have to think about it; all the complexity is invisible. Is a Global Payments Directive from corporates needed?
by Kylene Casanova
Payment systems update: Payment systems evolution continues with a very few revolutionary developments, some are evolutionary BUT most are catchup
by Kylene Casanova
SWIFT launches proof of concept to determine if distributed ledger technology could help banks reconcile their nostro databases in real time
by Kylene Casanova
Total working capital management; Plug and play connection to Ripple’s real-time settlement cross border payments; Britain files for divorce from EU; How to avoid using SWIFT altogether and/or in with…..
by Kylene Casanova
What is Payment Tracker and the gpi reference number? What are the benefits for banks and corporates? and How are corporates expected to use it?
by Kylene Casanova
APIs plus the flexibility in PSD2 opens up many opportunities. Facebook to offer new C2B payment service, development of Europe’s SCT Instant and HSBC in India
by Kylene Casanova
Citi’s new global API hub, dLocal, Adyen and the openness in PSD2 show the future of payment systems. Finland’s real time mobile. Don’t forget collections via local payment systems. Card usage in USA keeps growing
by Kylene Casanova
SWIFT gpi concept: fast, transparent & traceable cross-border payments has made substantial progress in last year as develop the next generation of correspondent banking payment services with vital game changers
by Kylene Casanova
Honeywell show how to bring together the latest technologies and standards for a complete solution
by Kylene Casanova
BCG Global Payments 2016 report: Change will take place at dramatically different speeds in mature and emerging markets
by Kylene Casanova
ECB statistics show that in 2015 card usage accelerated, cheques declined, and in large value payments - Target 2 volume is less than half of CLS
