American Express to raise late payment fees, R3 consortium misses its funding target, and Icon eyes small banks' role in spreading Faster Payments.
| | BUSINESS TO BUSINESS EDITION | Post-Election And Beyond, Cross-Border Volatility Cross-border payments, including in B2B, can be made daunting by FX swings, and treasurers and other payments professionals need robust and automated data streams to monitor risk and hedging strategies, says OANDA Managing Director Natasha Lala. Read More... |
Change Keeping Global Banks On Their Toes From demonetization in India causing an unexpected â though pleasant â surprise for SME lenders, to U.S. banks posing greater risk to the global financial system, FIs around the world were met with change in recent days. We break down the latest news from some of the globe's largest financial institutions. Read More... |
| Faster Payments | Small Banks Essential To Faster Payments Ubiquity The U.K.'s Faster Payments initiative was initially seen as a Big Bank's game. But banking software firm Icon Solutions has commissioned research that finds the cost of implementing faster payments has decreased for smaller banks. Icon's Head of Payments Tom Hay highlights small banks' role in making real-time payments a truly ubiquitous solution. Read More... |
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