The Dodd-Frank Act, Section 1073 is going to alter the practice of retail cross-border payments services – not just for US-based financial institutions but also for their correspondent banking relationships abroad. The deadline is near, but a practical solution to meet the requirements of the rule still seems far off. The Banker looks at some alternatives that have finally started to emerge.
QNB acts fast to capture Qatar's payments market
September 3, 2012As Qatar's mobile payments market has rapidly changed, Qatar National Bank's adaption to and roll-out of new technology has had to change with it. The bank's general manager of information technology explains how it has managed to stay ahead of the game.
Banks look to follow supply chain financing trend
July 2, 2012Banks have identified supply chain financing as both a profitable service that can boost client base growth and a tool to help deal with cash-flow problems. The Banker looks at the main processes the banking industry will need to introduce to make supply chain financing work effectively.
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