A lot has changed in the 35 years since Kevin Brown started his career at RBS. The senior executive at RBS International Banking tells The Banker that as telecommunications have evolved, so have customers’ expectations.

The long awaited analysis of foreign exchange options data has finally put a figure on the size and nature of the clearing challenge. Frances Faulds looks at what the next step might be.

With the deadline for the Single Euro Payments Area looming, there is much speculation over who is actually ready to migrate, with many small and medium-sized enterprises lagging behind and businesses of all sizes struggling to implement systems for direct debits.

Taiwan's rising prominence as an offshore renminbi centre reached a milestone earlier this year when the Bank of China opened a clearing bank in Taipei. But with Hong Kong, and to a lesser extent London and Singapore, already working as offshore renminbi hubs, where will Taiwan fit in?

Personalised and location-based marketing tactics could be a catalyst for higher usage of mobile payments and could, in turn, unlock new business approaches. 

In Turkey, banks have stopped talking about alternative delivery channels. They consider all channels – including branches, ATMs and mobile – a core business, and this rise in digital banking is spurring competition and, as a result, innovation.

Mobile money, including banking and payments, is encroaching into the everyday life of the consumer. Monetising the business is still proving difficult, but thanks to the abundance of products available already, tangible business models are slowly emerging.

The remittances market is too big to ignore, but with more providers entering the market and with banks struggling to respond to new regulations, how can banks stay relevant?