1015 Results from /wholesale
Richard White Head of Trade Finance at Commercial Banking Applications (CBA)
A continued push for digitisation, transparency and automation in trade finance prompts the question about the impact a migration of Swift messaging from MT to an ISO 20022 standard (MX) would have on global trade finance operations. As the payments and cash management industry has already been finding out, there are benefits, challenges and costs ...
18 March 2024 /regulation /wholesale Innovation in Financial Services
Richard Bennett CEO at Razor Risk
It is around a year since Silicon Valley Bank, Signature Bank, and First Republic failed, and while its effects were by no means as far reaching as those in the global financial crisis over 15 years ago, it has sent substantial repercussions throughout the industry, its regulators, and governing bodies. Here, we take a look at some of the global r...
18 March 2024 /regulation /wholesale Financial Risk Management
Riaz Syed CEO at infinant
Coreless banking represents a groundbreaking paradigm shift in the world of banking, aiming to revolutionize how financial institutions operate. In a nutshell, it is about embracing a system that gives banks the ability and flexibility to build and customize products on a single platform. This strategy enables a wide range of innovations, from ban...
07 March 2024 /regulation /wholesale Open Banking
Steven Hatton Co-founder & Director at Trusek Ltd
In today’s world of collaboration between the Financial Institutions and Fintech there could be a number of reasons for looking to partner with a technical provider rather than attempt to create a new product internally. A subject previously discussed. Whether looking to modernise incumbent infrastructure, maybe launching additional new products wi...
07 March 2024 /wholesale /startups Financial Transformation
Ross Kolodyazhnyi CEO at DCM
In a world where people learn to use their thoughts and brain chips to control technology, plastic cards and 2-day transactions still prevail. Such a strange combination, don't you think? It often seems that time slows down when it comes to payments. Because even when you read news about the next big thing in paytech, it may take years to hear abo...
07 March 2024 /retail /wholesale Banking
Terry Hubert Global Trade Strategist at Swift
Trade finance, essential for global commerce, facilitates 80-90% of trade transactions, serving as a primary driver for economic growth. However, its heavy reliance on paper contrasts with the digital evolution seen in other financial sectors. As innovation progresses unevenly across the industry, fragmentation emerges as a significant challenge a...
05 March 2024 /payments /wholesale SWIFT Matters
Ivan Heard Global Head of Fraud Solutions at Quantexa
Artificial Intelligence (AI) has surged into the mainstream and is poised to revolutionize operations in the banking sector. Several factors have fueled this surge, notably the exponential growth in data volume and complexity, heightened pressure for swift and precise decision-making, and the imperative for transparency. While generative AI is goi...
29 February 2024 /wholesale /crime Artificial Intelligence and Financial Services
Indra Chourasia Industry Advisor at Tata Consultancy Services (TCS)
The dust storm from the Generative AI frenzy started after the launch of ChatGPT a year ago appears gradually settling down. While bringing the phase of excited delirium to a halt, it also amplifies a mellowing realism amongst both early adopters (explorers) as well as passive copycats about the promise and true potential of Artificial Intelligenc...
29 February 2024 /wholesale /markets Artificial Intelligence and Financial Services
Raktim Singh Senior Industry Principal at Infosys
Federated Enterprise Technology Buying is a method for procuring technology that involves decision-making by individual departments within an organization. This approach acknowledges the requirements of business units and empowers them to select technologies that best fit their objectives. In a federated buying process, buying decisions are made b...
20 February 2024 /retail /wholesale Banking Strategy, Digital and Transformation
Retired Member
1. Introduction It is no secret to many scholars and stakeholders in the banking industry that technology is quickly reshaping the sector. Indeed, technological advances have given rise to what today has come to be known as realtime payments. Essentially, realtime payments refer to electronic payments that are almost instantly settled once they ar...
15 February 2024 /payments /wholesale Payments strategies 2015-2020-2030
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