New contenders are challenging the dominance of Swift in the cross-border payments space, compelling it to improve on its flaws.
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Africa’s rising crypto future
August 1, 2022African nations are at the vanguard of the new movement towards central bank digital currencies, in a desperate bid to regain the initiative in the wake of rising cryptocurrency usage across the continent.
Numis reaping rewards of M&A approach
July 28, 2022Numis’s advisory businesses, including M&A, are going strong, says M&A head Stuart Ord, and bear out its diversification strategy.
South-east Asian central bank payment system linkages require more heavy lifting
July 28, 2022Five regional central banks have announced plans to enable QR code-based cross-border payments. Furthermore, they want to link such a network to other regional payments platforms and eventually to central bank digital currencies.
HSBC rides the Middle East IPO wave
July 27, 2022In contrast to the US and Europe, where IPO volumes have slumped, the Middle East is enjoying a bumper period, with HSBC playing a key role.
CPMI report stops short of real-time interlinking payments framework
July 25, 2022While the CPMI provides a review of current interlinking arrangements, being a bit more prescriptive may help the industry in its quest to connect faster payment systems internationally. Heather McKenzie reports.
New World Development Company builds ESG momentum
July 25, 2022The real estate developer and manager has already utilised sustainable structures in one-fifth of its financing, and expects this share to grow.
SEC’s ‘aggressive’ rule-making agenda sets it on collision course with industry
July 25, 2022Directed by its ambitious chair, Gary Gensler, the SEC is pursuing an agenda which many in the industry believe is too much, too quickly, and it looks set to face legal challenges.
Buy now, pay later market attracts regulatory scrutiny
July 14, 2022Is the increased regulatory activity around buy now, pay later good news or bad for the financial services industry? Heather McKenzie reports.
Cross-sector action on fraud needed, says UK industry body
July 8, 2022The cost of electronic fraud topped £1bn in 2021 for the UK alone. What more can be done to stem the tide?