While mobile money usage has been gradually ramping up over the years, interoperability, alongside cheap and ubiquitous smartphones, has the potential to kick it up a gear. Joy Macknight reports.
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A mismatch of networks and uneven regulation makes Latin America a frustrating market for digital payments providers, drawn to its huge population and growing mobile penetration. But with great challenges come rich opportunities, writes Silvia Pavoni.
The move to real-time payment systems is gaining momentum across the globe and raises the prospect of instant cross-border payments. New players are also helping to redefine the payments ecosystem, as Joy Macknight reports.
The retail payments space has witnessed a great deal of innovation over the past few years. To date, this has not been matched on the wholesale side. Christian Westerhaus, global head of product and strategy, institutional cash management, at Deutsche Bank looks at how developments on the domestic retail side are influencing client expectations in wholesale payments and assesses the steps the industry is taking to enhance the cross-border payments experience.
Banks are trumpeting their use of voice recognition technology in a way not seen before, using it to demonstrate their innovation credentials and customer centricity. Joy Macknight looks at the ways in which it is being utilised.
Last year saw the blockchain hype cycle reach its peak, and its disruptive influence on the global financial services industry continues to be the subject of much debate. But after a year of talking, how far has the industry progressed in turning potential into reality?
Whether or not to fully embrace APIs... It is a bold question but one that many answer strongly in the affirmative. Joy Macknight investigates whether banks are truly ready to open up their applications to the world.
Commercial cards have become so much more than a piece of plastic and 16-digit number that completes a transaction. Not only are they an important payment tool in a treasurer’s kit, but also the cornerstone of a working capital management programme.
Adoption of real-time payments is accelerating rapidly, driven by regulatory pressures and the threat of non-bank competition. Joy Macknight looks at the different paths taken in the quest to future-proof domestic payments infrastructures.