Chase plans US expansion, Fed delays new same day ACH window, Can PSD2 get past its GDPR problem?

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March 14, 2019

PODCAST: X-Border Payments

Citi: Global Payments In Crosshairs Of Treasurers' Biggest Challenges

Lots of worries keep corporate cash managers up at night — and Global Head of Payments and Receivables Manish Kohli of Citi says there are three major factors causing this collective insomnia: geopolitical volatility, cyberthreats and the emergence of new business models in an interconnected global market. Kohli talks with Karen Webster about the cross-border payment innovations at the intersection of these issues, and how collaboration can deliver corporate treasurers some zzzs.

 

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PSD2

Can PSD2 Get Past Its GDPR Problem As Deadlines Hit?

The first major PSD2 deadline hit today (March 14), potentially opening the door to a new era of FinTech, one in which valued corporate data is used to craft innovation. However, it’s, of course, much easier said than done. Whitepages Pro CEO Rob Eleveld talks with Karen Webster about the challenges of meeting this PSD2 deadline, how GDPR has complicated matters and why merchants may need to push issuing banks toward PSD2 goals.

 

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Identity Authentication

Why Reports Of The Password’s Decline Are Somewhat Exaggerated

Don’t grab the cyber hammer to pound the digi-nails into the password’s virtual coffin just yet — it may still have several years of life left, says Acuant SVP Stephen Murray. Yet, he adds, the password’s role in authenticating identity is diminishing by the day. So, what will eventually replace it? It's not going to be a single solution, he tells Karen Webster, but a series of new technologies applied contextually.

 

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AML/KYC Tracker™

What’s Missing? How Money Launderers In The UK Remain Unchecked

Hundreds of billions of pounds' worth of criminal funds are laundered through the U.K. each year, while the noncompliant corporations and FIs that enable this receive little more than a "parking penalty" level fine. That’s according to Susan Hawley, Corruption Watch's director of policy, who explains in this month’s AML/KYC Tracker how weak enforcement, toothless fines and lack of political will to scrutinize foreign investment all stand in the way of a cleaner system.

 

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Fed Forces Delay Of New Same Day ACH Processing Window


Chase Plans Expansion In Top US Markets In 2019


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