NO CORPORATES in SWIFT’S High Value Payments ISO 20022 market practice task force
by Kylene Casanova
SWIFT + the major global banks and market infrastructure companies to address evolving market needs
International Bill Payments
Background
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 moreEarthport & TransferWise show payment systems INTER-CONNECTED future
by Kylene Casanova
Role of Earthport - the cross-border payment network - as the infrastructure behind global money transfer businesses grows AND TransferWise connects to UK’s FPS
Global payments moving to same day, transparent, predictable, tracked & more info
by Kylene Casanova
SWIFT’s Global Payment Initiative gathers pace - ICICI and AXIS are the first Indian banks to join the initiative - as banks world-wide try to improve their cross-border payment services
MasterCard acquires Vocalink for £700m as strengthens services in UK & globally
by Kylene Casanova
MasterCard new strategy: aiming to be an active participant in ALL types of electronic payments and payment flow to enhance its services for the benefit of customers and partners
Understand omnichannel revolution & How to Integrate Payment Methods at Checkout
by Kylene Casanova
‘Ecommerce Payment Methods Report 2016’ from The Paypers gives details of payment systems, theory and how to integrate
Mastercard removes digital payment barriers – shop freedom across devices/channels
by Kylene Casanova
Mastercard first network to deliver omni-channel all-digital payment service with Masterpass
BIS - 5 recommendations to ease correspondent banking costs/concerns = revolution
by Kylene Casanova
Committee on Payments and Market Infrastructures recommendations on KYC, use of LEI, info sharing, payment messages in compliance with AML/CFT, and use of LEI in payment messages, could transform banking
Best practice for optimising new/old collection systems to maximise global revenue
by Kylene Casanova
Enhancing consumer experience and catering for local differences, e.g. accepting 250 different payment systems in 190+ currencies, is only practical through an omnichannel provider
SWIFT’s Global Payments Innovation Initiative makes progress: 73 banks now joined
by Kylene Casanova
“More banks worldwide collaborate to dramatically improve the cross-border payments experience with greater speed, transparency and end-to-end tracking” - SWIFT
Align Commerce’s multi-rail, blockchain payment service now offers insurance cover
by Kylene Casanova
Additional layer of protection securing client assets to ensure users have confidence in Align’s innovative international small business payments service
Payment systems innovation continues: Ripple cutting costs, contactless booming, &
by Kylene Casanova
Cost of cross-border payments dropping, contactless cards, Apple Pay expanding, stopping checkout abandonment, stockpiling bitcoins, overcoming the alternative payments problem, and new channels for collection
Banks and corporates gear up for the new pan-European instant payment system
by Kylene Casanova
EBA Clearing provide preview of system design, functionality and interface specs. How are you going to exploit the new instant payment system available from November 2017?
Plug and play connection to Ripple’s real-time settlement cross border payments
by Kylene Casanova
Volante Technologies launch new accelerator for bank and treasury integration with Ripple distributed financial technology payment network
Are FX benchmark fixings appropriate in today’s millisecond FX trading markets?
by Kylene Casanova
Using a fixing rate rate can cost you. What is needed is a fair price at the moment that you make the payment
E-invoicing soars, with potential to improve fiscal transparency – survey
by Kylene Casanova
The market for electronic billing and invoicing is set to grow annually by 10-20 per cent, with 2016 volumes reaching around 30 billion invoices globally, according to a recent e-invoicing report.
RMB falls to 6th place in global currency payments by value
by Kylene Casanova
SWIFT RMB index: in April 2016 RMB decreased by 7.7% whilst overall all payments currencies decreased by 4.60%
5 ways treasury can support business in the digital economy
by Kylene Casanova
Research by McKinsey looks at the economic impact of the shift towards the globalisation of big data and what this means for multinational companies.
eMerchantPay add SEPA Direct Debit service to their e-commerce offering
by Kylene Casanova
New opportunity for reducing your collection costs as Payment Service Provider’s integrate SDD service into their offerings, banks are not the only place to go
UK jumps ahead of Singapore as the second largest offshore RMB clearing centre
by Kylene Casanova
40% of all payments made between the UK and China/Hong Kong are exchanged in RMB
UK payment regulator proposes banks should sell stakes in VocaLink
by Kylene Casanova
The Payment Systems Regulator has recommended that VocaLink, the UK's payments infrastructure provider, should no longer be owned just by a relatively small group of banks.
EBA CLEARING & SIA sign letter of intent for pan-European instant payments solution
by Kylene Casanova
EBA CLEARING plans to offer a real-time payment service based on EPC scheme specifications to financial institutions by Q4 2017
On the fifth day of Christmas my adviser sent me tips on how to:
by Kylene Casanova
Optimise our payments and collections by first accepting that a payment or collection is only part of a business transaction, and .....
Volante Technologies VolPay Hub: centralized digital payments orchestration hub
by Kylene Casanova
New hub will enable corporates to cut their implementation and maintenance costs for payment/collection factories and cost-effectively take advantage of all new payment systems
MyBank pan-European system processed 100+ million EUR of payments in 2015
by Kylene Casanova
Pan-European system linking customer’s online bank accounts with online business’ bank is starting to take off. Remarkably high transaction values: C2B EUR 470, B2B EUR 4,495