Consumers in the developed world tend to think of their financial systems as complex, particularly as compared to the developing world. And while that is not an entirely incorrect perception, it might just be a little bit skewed. When it comes time to pay in...
A firm’s liquidity and risk are as strong only as its ability to manage its cash and other holdings in real time. Here’s why treasury management systems are becoming important to companies of all sizes, according to Reval.
More job cuts are coming to the big banks in both Europe and the U.S. in 2016, with announcements of 100,000 job cuts already in the ether and thousands more expected from Barclays and BNP Paribas in the next few weeks, according to Financial Times. This year’s...
Alibaba’s year of investments has been capped off with the acquisition of the South China Morning Post, along with other media assets of its company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Companies that limit themselves to defined regions or markets may be handicapping their ultimate success, but that doesn’t mean that simply re-positioning a brand toward cross-border commerce guarantees things will go smoothly either. In those cases, it helps to have friends on the ground in far-flung...
SWIFT has announced another major move in the cross-border payments space aimed at innovating global payments in a way that enhances customer experience in correspondent banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In the latest game of “who will merge in the payments space,” Bloomberg reported Thursday (Dec. 10) that Global Payments may buy its smaller rival, Heartland Payment Systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
There’s mounting worry over the fragility of the global banking system and the threats posed by the banking system, according to a joint research study by PwC and CSFI. The results to the study were disclosed at RiskMinds 2015, an annual risk management conference currently...
VocaLink, the international payments system company based in the United Kingdom, has signed a pact to develop a real-time payment service in the United States, working in tandem with The Clearing House (TCH). Get the Full Story Complete the form to unlock this article and...
