Whether you are a marketer in shining armor conquering new territory, a financial wizard casting spells upon the balance sheet, or the queen or king guiding the whole enterprise, there are four trends about money and finance that you should keep in mind for your business.
Read MoreOne of the announcements out of Sibos in London this week is a report on payments. Real-time payments are quickly becoming the norm around the world, with the most activity in the Asia-Pacific region.
Read MoreVolante Technologies makes banks an offer: Get connected to real-time payments for free with our cloud-based Payments as a Service (Paas) solution. Expiration: 12/31/19; some limits apply.
Read MoreAI is used on both sides of fraud — to create fraudulent transactions and to stop them.
Read MoreFor the past several years, as cryptocurrencies have become more popular, central banks have started exploring the idea of issuing their own digital currencies.
Read MoreThe Federal Reserve’s announcement Monday that it will build a real-time payment (RTP) system, FedNow, elicited applause and complaints.
Read MoreIn the past year, the likes of Visa, Mastercard, Amerian Express, and Discover have invested hundreds of millions of dollars in acquiring start-ups and fintechs in the real-time payments, money movement, and data spaces.
Read MoreThe Fed moves at a glacial pace on real-time payments.
Read MoreReal-time payments aren’t quite there yet at The Clearing House (TCH), which launched its real-time payments (RTP) network for the U.S. in November 2017.
Read MoreTen years after the UK launched Faster Payments, the US is partway through the launch of a real-time payments network run by The Clearing House, a private corporation owned by 25 of the largest banks in the country. It will be the first new rails in electronic payments in four decades.
Read MoreWe have written in the past about the pitfalls of creating a so-called “cashless society,” among them the risk that it would disproportionately affect the elderly and disabled. Well here’s another: people will have no way to pay for goods and services when electronic systems go down.
Read MoreUber’s IPO may not have gone as well as it would have hoped, but the company still has big plans to expand well beyond its humble beginnings as a ride-hailing app.
Read MoreCross-border payments seem ripe for disruption. UBS led a $63.2-million funding round into blockchain firm Fnality International. It’s another small step – but a significant one – in the acceptance of blockchain technology by financial firms.
Read MoreThe scuttlebutt from the week’s Money 20/20 in Amsterdam.
Read MoreAs the masses move from cash to cashless, the fintech world is consolidating yet again. On Tuesday, Global Payments, Inc. announced it was purchasing Total System Services Inc. (TSYS) for $21.5 billion in stock.
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.
