The concept of payments data monetisation using payments data to improve either the efficiency of operations, to launch, or to enhance client-facing services is not a new concept. However, there has been an explosion of interest in recent months as a combination of margin pressure and growing customer expectations, alongside ISO 20022 migration and the
Many markets were hit hard by the Coronavirus pandemic. The effects are still manifesting in some areas, and it will take some time to fully understand the implications of what has happened during those couple of years. And as many people have found themselves hit hard by the situation, it’s become crucial to take a
According to data from EY, the UK acquired 99 investment projects in financial services in 2019. However, in 2020, just 49 were acquired, a significant drop that puts the country only 14% ahead of France. The latest EY UK Attractiveness Survey for Financial Services found that foreign investment fell by 23% across Europe in 2020,
Morrisons is preparing for takeover negotiations following its rejection of a £5.5 billion ($7.6 billion) bid from Clayton Dubilier & Rice (CD&R) at the weekend. Read More
Consumers demand seamless digital transactions in their personal lives, but how does this uninterrupted experience translate to the corporate world? Learn how the transition from paper and spreadsheets to automated cash management systems is driving business growth and resiliency in this episode of Unpacked. June 16, 2021
Interested in learning how to enhance your customer experience? This whitepaper demonstrates how embracing new and innovative techniques such as Prove Pre-fill, can enable companies to delight customers and increase revenue. Read More
The investment landscape has, for the past year, been characterised by uncertainty. It does not take a degree in economics to recognise that global pandemics, and their associated social restrictions, do not cultivate a desire for reckless speculation or needless risk-taking. It is doubtless for this reason that, according to a recent report from the
While we applaud efforts to promote financial inclusion and encourage uptake of non-cash payments in the wake of the Covid-19 pandemic, the financial industry and government bodies need to remember a crucial sector of society that’s in danger of being left behind – the small businesses that are the backbone of any nation’s economy. read
On Wednesday, mining stocks dropped after China announced it would release metal reserves to restrain commodity prices. China is the world’s largest consumer of raw materials. It fears that an increase in metal prices, and with it the extra costs that would be passed onto its consumers, could pose a serious threat to its economic
There has been a real drive towards ‘frictionless’ banking in Western countries, giving rise to the question: why aren’t cross-border payments equally frictionless? Especially for those in emerging markets, who have everything to lose and much to contribute. Read More
For retail banks entering a post COVID-19 world, the only way is cloud. Today, the world’s most disruptive banks are in the cloud. For newcomer banks, cloud has been the only option for some time – and the same is increasingly true for established banks as well. Why? Because cloud is not only disruptive in
Both Great Britain and the EU have agreed to begin discussions via an informal forum on financial services, but the talks are yet to begin. This had led to Britain’s finance ministry calling for the EU to expedite financial services talks, after the London Stock Exchange urged the bloc to avoid protectionism. Read More
