It’s all about payments modernisation

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Time to rethink strategies and business models

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Deutsche Bank goes live with Swift gpi

Intransparent deducts will soon be nothing more than a distant memory now that the reach of SWIFT’s global payments innovation (gpi) has moved nearer to being the new normal SWIFT...
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Icici initiates money transfers with Siri

ICICI Bank, India’s largest private sector bank by consolidated assets, today announced the launch of India’s first voice-based international remittance service to enable non-resident Indians (NRIs) to send money to...
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Mobile lender WeLab scoops $220 million in financing

Alibaba, Credit Suisse, and the World Bank's International Finance Corporation have joined in a $220 miliion Series B and debt financing round for Hong Kong-based mobile lender WeLab. The financing...
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Coinsilium signs mobile payments MoU with UMT

Coinsilium Group Limited (NEX:COIN), the blockchain venture builder and investor that finances and manages the development of early-stage blockchain technology companies, is pleased to announce that it has signed a...
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Visa payment gloves keep the cold at bay at Winter Olympics

Sports fans attending the Olympic Winter Games in PyeongChang will be able to keep their hands warm and fend off frostbite while paying for goods and services thanks to a...
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Revolut applies for European banking licence

London-based Revolut has applied for a European banking licence as it prepares to start offering deposit and credit services. App-based Revolut launched in 2015, initially focusing on prepaid current accounts...
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Apple Pay Cash launches in beta

Apple's person-to-person payments service has launched in public beta, enabling American users to send money and get paid in Messages. The service is now available on iOS 11.2 beta 2...
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Managed Services: Solving Tech Disruption

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Managed Services: Solving Tech Disruption | RIS News Skip to main content A managed service provider (MSP) delivers network, application, system and e-management services across a network. As security threats...
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Hierarchy of Payment Needs: The True Value of Immediate Payments

Immediate Payments must be part of an open banking strategy. The question that most banks are asking themselves, as real-time payments schemes gather pace in different markets around the world,...
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Banks may have to reimburse customers who fall victim to push payment fraud

The UK's Payments Systems Regulator says it is working on a model to reimburse victims of push payment scams, shifting the onus of liability for when customers are conned into...
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CIBC builds Messenger digital assistant for sending money overseas

The Canadian Imperial Bank of Commerce (CIBC) has launched a digital assistant that helps clients track foreign exchange rates and send money overseas through Facebook Messenger. Called Remi, the assistant...
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Facebook Messenger P2P payments arrive in the UK

British Facebook users can now send money to each other through the social network giant's Messenger app. Facebook has got all the major UK banks and card firms onboard for...
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Swift to support instant payments in Hong Kong

As banks face growing challenges due to evolving payment systems and the global shift to real-time payments, SWIFT is providing the Hong Kong financial community with an enterprise messaging and...
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Citi extends global footprint for Payer ID

Citi's Treasury and Trade Solutions (TTS) has expanded its Citi Payer ID offering to 17 new markets across North America and Western Europe, making it now available in 44 countries....
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SIA to open network nodes to R3 blockchain apps

Italy's SIA is to set up a 600 node network for bank clients, government agencies and corporates to connect to blockchain apps developed by the R3 consortium. SIA says it...
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Fail fast solutions through fintechs

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It’s what you do with the gpi, not the gpi itself

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Saving the traders' precious time

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