Fintech

Best Practices for Implementing a KYC/AML platform in Financial Institutions

In the rapidly evolving financial landscape, implementing a robust KYC/AML platform is paramount for financial institutions. Effective processes not only ...

The Generative Generation – AI, chatbots and financial compliance

In March 2023, SEC Chairman Gary Gensler described Artificial Intelligence as “the most transformative technology of our time, on par ...

The Value of the LEI in Cross-Border Payments: Enhancing Account-to-Account (A2A) Owner Validation

The need to harmonize cross-border trust services continues to grow in line with the ever-increasing volume of trade and commerce ...

The Evolution of National Payment Systems and the Rise of Digital Sovereignty

Countries are increasingly modernizing their national payment systems to include the 1.4 billion underserved individuals within the digital economy, particularly ...

A Guide to FCA Cryptoasset AML/CTF Applications for Crypto Firms: PART II

In June 2024, the Financial Conduct Authority (FCA) published feedback on good and poor quality applications under the existing cryptoasset ...

All Rewards Platforms Are Not Created Equal: Why Bank-Grade Capabilities Matter

With some of the biggest financial institutions in the world launching shopping rewards programs, it’s clear these loyalty incentives are ...

Unlocking Personalization in Banking with GenAI

In competitive banking, one elusive goal has persistently captivated industry leaders: personalization. This concept, however, extends far beyond simply aligning ...

Five Steps to CX Success in Finance

In the intricate world of finance, there are a myriad of challenges influencing how financial organisations operate and serve customer ...

Modern Collection Management Mantra: Striking a Balance Between Efficiency & Empathy

Collection management is crucial for the health of credit markets. It involves tactfully handling overdue debts to mitigate losses and ...

Better Data, Better Business: Combat Identity-Related Fraud With the LEI

The global economy is wrestling with never-before-seen levels of identity-related fraud. Cybercrime costs in the United States reached an estimated ...

Why partnerships are a perfect fit for the growing world of open banking

The UK is one of the leading countries in the world for open banking. Launched in the country in 2018, ...

Adaptation to the New Market Paradigm Is a Key for Asset Managers to Prosper

In 2023, asset managers saw record gains, exemplified by J.P. Morgan’s asset and wealth management business, which reported $3.4 ...

Banking At The Merchant-A Global South Perspective

  Introduction I am inspired by the writings of my peers. Alex Johnson’s most recent blog post (https://fintechtakes.com/articles/2024-05-03/merchants-future/) is very ...

A strategic guide for successfully expanding a UK business in Africa

Africa has a burgeoning consumer base and vast, often untapped resources, and is set to remain the second-fastest growing region ...

Standard Chartered Offers Banking As A Service (BaaS) Through audax

Standard Chartered nexus has spun off a technology solutions provider, audax, which offers a plug-and-play technology stack that enables banks ...

AI into Algorithmic Trading Based on Price Action, Volatility and Correlations

In the dynamic sphere of stock trading, the selection of an adept strategy stands as a pivotal cornerstone for day ...

Adapting Low-Code Platforms: Embracing the Fail Fast, Change Fast Philosophy

If your organization is still investing “Months and Millions” in building customer journeys & process automation, then it is time ...

Real Time Payments; Who’s leading the way, and should the rest follow?

Real-time B2B payments are surging in popularity globally. It’s estimated that up to half of B2B payments will be made in real-time ...

Buy vs. Build: How to make informed decisions as you invest in AI

Generative AI: Navigating the Landscape  In today’s dynamic financial services market, generative AI stands at the forefront of technological advancement ...

Do Debit Card Round-Up Plans Hurt Consumer Savings?

Many financial firms offer round-up plans that allow a user to round up an Rounding up apps are the digital ...

Outdated Credit Card Rewards Annoy Gen Z – What’s On Your Phone?

Credit card providers that haven’t refreshed their rewards program risk losing customers, warns a study of 3,233 U.S. consumers conducted ...

Unlocking Fintech Opportunities: Leveraging Digital Public Goods for Inclusive Finance

In emerging economies, inclusive instant payment systems (IIPS) are spearheading a revolution. As these systems evolve, particularly in regions like ...

FCA/PRA Diversity and Inclusion for Crypto and FinTech Firms: PART I

By Rodrigo Zepeda, CEO, Storm-7 Consulting INTRODUCTION “Complicated as hell.” That is how I would summarise new proposed regulatory measures ...

Lightning Network for Bitcoin Payments

Discover how to utilize the Lightning Network for quick Bitcoin transactions. This network is suitable for all users, including ...

U.S. Regulators Are Promoting Open Banking Through Uniform Rules

The Consumer Finance Protection Board (CFPB) is prodding banks and fintechs to move ahead toward open banking — a legal ...

Incumbents and innovators: Embracing partnerships

Cultural changes are challenging the long-standing loyalty that consumers once had to their bank. The transformation has been driven by ...

Offers Bank Consumers Control Of Their Data, Easier Bank Switching

The bland-sounding Personal Financial Data Rights rule proposed by the Consumer Financial Protection Bureau (CFPB) has generated more than 11,000 ...

Industry Cloud Platform: Fueling the vision of financial market infrastructure (FMI)-led Marketplace

Amid data led business innovation agenda dominating capital markets, financial market infrastructure (FMI) firms remain exploring strategies to transform their ...

Bank of England and HM Treasury's response to Digital Pound consultation: What is next?

The Bank of England (BoE) and HM Treasury published a response to their joint consultation paper on 25 ...

There should be no doubt

Every organisation (enterprises, states, municipalities, 3rd sector) should asap deploy the now available simple EUDI-compatible applications for sending and receiving ...
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