Articles

7 Tips for Founding or Managing a Tech Start-up During an Economic Turmoil

Creating a new venture during economic uncertainty is not for everybody. Yet, during every crisis lies a great opportunity.

Aug. 25, 2022 • Şebnem Elif Kocaoglu Ulbrich

Uncertainty might be a rule of thumb for start-up game; nonetheless, when economic turmoil and ongoing war threatens to shake the financial stability to its core, the entrepreneurial journey mi...

Why Visa is the biggest loser in the BNPL wars

Apple and Mastercard relationship is a potential game-changer

Aug. 21, 2022 • James Hickson

The launch of Apple’s Buy Now, Pay Later (BNPL) product has been viewed as an industry disruptor. It's no wonder that the likes of Klarna, Afterpay and Affirm, have seen their valuations...

Fintechs vs. banks and insurers: are they competitors or collaboration partners?

There was a view that all the things which a bank or insurer does could be done better and cheaper by a technology-powered fintech. And there is still some suspicion in the market today.

Aug. 11, 2022 • Richard Thornton

When fintech first became a ‘thing’ there were industry rumblings about upstart startups seeking to disrupt the market, with an eye to replacing banks and insurers. There was a view that all th...

AML Trends in 2022: Challenges and Prevention

Prevention requires constant evolution and effort from innovators, banks, government organizations, and businesses.

Aug. 10, 2022 • Miley Dowing

Money laundering has been an issue since the dawn of physical currency. As our financial institutions and digital technology have evolved, so has this pervasive financial crime. According to th...

Will Insurtechs ever walk the talk?

Will the new generation of Insurtechs do differently?

Aug. 8, 2022 • Matteo Carbone

The news of the past month in the insurtech scene has been the WeFox round of financing at $4.5B ( $400 million series D round "which is compromised of equity and debt"). My first ...

ISO20022: migration – it’s not just about compliance

The standard has been implemented across 70 plus countries, yet implementation in parts of the developed world is yet to be completed

Aug. 4, 2022 • Anthony Walton

With digital innovation developing at speed within the financial services industry it’s never been more important to follow the latest standards and protocols. One standard, however, which is c...

4C Approach to a Successful Spend Analysis

Many organizations fail to analyze their spending patterns successfully

Aug. 2, 2022 • Prasanna Rajendran

Every individual and organization, in one way or another, tracks how they spend their budget in a certain period. Where an individual might keep a diary, organizations maintain accounting ledge...

Future-proof payments infrastructure: The role of agent banks in the quest for modernisation

July 28, 2022 • Toine van Beusekom

The rapid transformation of the payments industry over the past decade has brought banks worldwide to a crossroads. Balancing growing consumer demand for instant payments and emerging digital...

Crypto is here to stay. But we need adults in the room.

The crypto shake-out is long past due. The $2 trillion hit to the industry has caused massive losses for both early investors and, unfortunately, for the smaller investors who followed suit.

July 25, 2022 • Shane Rodgers

The crypto shake-out is long past due. The $2 trillion hit to the industry has caused massive losses for both early investors and, unfortunately, for the smaller investors who followed suit. T...

Advancing AML: Why ultimate beneficial owners must be properly identified

Understanding legal persons is important as, under the old version of R.24, financial institutions (FI) were responsible for finding the UBO of a company, whereas now the legal persons are obliged to have that information on record and make it available

July 21, 2022 • Joost van Houten

In March 2022, global regulatory watchdog the Financial Action Task Force (FATF) adopted amendments to Recommendation 24 (R.24) of its 40 Recommendations that govern global anti-money launderin...