Latest Industry Sectors Articles
As real-time gross settlement (RTGS) platforms have become the principal systems for the settlement of large and crucial payments in almost every market around the world, their importance to the stability of the global financial system has increased.
The upcoming new year gives us the opportunity to not only reflect on strides we’ve made over the past 12 months, but also do some thinking on what’s to come. Big Data is not just a buzz phrase for the season; it is the new reality of harnessing the power of data to drive intelligent business decisions.
The electronic banking internet communication standard (EBICS) is already established in Germany and France, it is making inroads in Austria and Switzerland and some banks offer it Europe-wide across their branch network. Yet while it is gaining in importance, does EBICS have what it takes to become an alternative to SWIFT?
Personal banking can be confusing and lead to abandoned accounts for many hard-working individuals. This article describes how the author's company partnered with Bancolombia, the largest commercial bank in Colombia, which created a mobile savings product called ‘Ahorro a la Mano’ specifically for underserved newly-banked consumers to encourage them to save.