Consumers now have access to real-time payments through the PayTo system, with business access to follow, generating a host of advantages.
Latest articles from Bill Lumley
Consumers demand more from banks in a digital world
September 28, 2022The preference for a digital-first approach is becoming increasingly widespread among bank customers. Can traditional banks keep up with fintechs?
Is this the end of Hong Kong’s fintech talent exodus?
September 21, 2022In recent times the talented have made their exit among swathes of other Hong Kongers, but signs of a reversal are solidifying.
Numberless payment cards prove a mixed bag
September 12, 2022Banks worldwide are increasingly launching cards without numbers. Do they offer enhanced security, or are they just a fad?
Data security underinvestment leaves financial institutions in peril
September 5, 2022As financial services firms find themselves one of the chief targets for cyber attacks, renewed efforts in training and investment are necessary.
Flurry of metaverse activity draws banks’ focus globally
August 31, 2022Banks across the world are looking for opportunity in the metaverse, as hype builds around the new technology.
Banks head into the cloud
August 22, 2022Migration to the cloud could be a huge cost-saver for banks, as well as allowing a stronger focus on customers.
Point Carbon Zero: playing safe while trying to save the world
August 12, 2022Sustainability is becoming a fintech mainstay, with initiatives launching across the globe.
New South Africa fintech hub boosts the continent’s fintech ecosystem
August 9, 2022Africa’s forays into fintech continue apace as a new hub opens in South Africa, while sharing knowledge across the continent continues to be crucial for success.
Technology helps hoist homebuying Hispanics into better deals
August 3, 2022US fintechs are breaking down language barriers to the rapidly growing Hispanic market, which is also capturing the investment interest of major US lenders.