Processing & Systems

Showing Latest Processing & Systems

Money laundering fines hit $5 billion in 2022

20 Jan 23 @ 11:22

Money laundering and other financial crime fines handed out to banks and FI’s have peaked at more than 50% of last years total, demonstrating that the penalties are simply failing... read more

51% of European businesses believe BaaS will replace traditional banking

19 Jan 23 @ 09:56

Over half of European business leaders expect Banking-as-a-Service (BaaS) to make traditional banking obsolete, according to new research from Vodeno/Aion. The report – Banking-as-a-Service 2.0: Why Embedded Finance will make its... read more

The role of FinOps: Cloud spend transformation requires a new approach

18 Jan 23 @ 10:00

Global cloud spending has reached its peak over its history. According to Gartner, the total amount of investments in the industry will reach $830 billion by 2025. The actual figures... read more

Trends for 2023: FinTech and its rapid regeneration

17 Jan 23 @ 13:20

FinTech start-ups are facing the rockiest market conditions since they were founded, but many are already adapting by expanding into new spaces and catering to enterprises. FinTech is undergoing a... read more

UK Government focuses in on Digital Pound CBDC

12 Jan 23 @ 14:05

The EU has set out the world’s first comprehensive set of rules for regulating crypto markets in its MiCA regulation. They are due to receive final approval in the coming... read more

Banking and payments – where are they heading in 2023?

11 Jan 23 @ 17:53

With COVID-19 now in the rear view mirror, Financial Institutions (FIs) are no longer forced to deal with the immediate adaptations that the pandemic required. Instead, the financial services industry... read more

UK B2B SMEs missing out on opportunity to use BNPL to grow sales

10 Jan 23 @ 15:39

Coming directly after Santander announced its new platform, research published by Kriya, shows that the leaders of UK B2B firms do not plan to offer BNPL on their e-commerce sites... read more

Santander launches B2B BNPL platform

09 Jan 23 @ 17:00

Santander says it is set to launch a B2B (business-to-business) BNPL service aimed at the corporate sector. In what Santander claims to be the first of its kind, its corporate... read more

Supply chain challenges mean payments industry changes

05 Jan 23 @ 10:00

A global pandemic and war in Europe haven’t just caused inflation to rise. They’ve also led to interruptions in global supply chains, whether that’s Ukrainian wheat not being shipped to... read more

PCM Feature: Payment platform problems – fix or switch?

03 Jan 23 @ 13:21

Today’s leading financial institutions still operate outdated card and payment platforms from the 1990s and need to change. But why are so many opting to patch their systems up, rather... read more

New white paper: How acquirers can solve the payments puzzle

03 Jan 23 @ 12:28

A new white paper from Tribe Payments outlines the huge opportunities for acquirers in the digital economy. In the last 10 years, the way consumers pay has changed beyond all... read more

€13 billion worth of contactless payments made in Ireland in 2022

14 Dec 22 @ 12:13

Nearly €13 billion worth of contactless payments were made in 2022 as online and mobile banking payments hit record levels and cheque volumes dropped to an all-time low. This according... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more