Zimbabwe leaps into the cashless future

Zimbabwe leaps into the cashless future

By ERIC ELLIS

While most countries have adopted e-wallets and mobile banking as a result of technological innovation and evolution, Zimbabwe was forced into it because of a financial crisis.

Corporate treasurers pushing for fintech collaboration

Corporate treasurers pushing for fintech collaboration

By KIMBERLEY LONG

Two corporate treasurers at the Swift Business Forum London 2018, taking part in ‘The future of cross-border payments – a corporate’s view’ panel, air their experiences of working with the banks and how their expectations around fintech collaboration are yet to be reached.

Alipay offers some lessons on open banking

Alipay offers some lessons on open banking

By PETER LEE

China is going cashless and cardless fast, with hundreds of millions of wealthy consumers leaping ahead to mobile wallets and providing some valuable insights for the possible future of open banking in Europe.

Fintech maturity fostering strong bank developments

Fintech maturity fostering strong bank developments

By KIMBERLEY LONG

Banks are working increasingly closely with large software and fintech companies to improve internal efficiency, but there is still progress to be made in understanding what both parties can gain.

Amazon provides glimpse of the future of banking

Amazon provides glimpse of the future of banking

By KIMBERLEY LONG

Transaction automation and open banking can help banks to strengthen customer relationships, especially as fintechs are encroaching on their traditional services – but the sector has been slow to adapt.

Payments legislation not working for SMEs

Payments legislation not working for SMEs

By KIMBERLEY LONG

Efforts to improve the speed of payments being made to small and medium-sized enterprises (SMEs) has not seen success, so technology might be used to fill the gap.

PSD2 deadline catalyst for bank action

PSD2 deadline catalyst for bank action

By KIMBERLEY LONG

In the month since the deadline of the second Payment Services Directive (PSD2), there has been little obvious change in how banks are allowing companies and consumers access to their customer accounts.

KYC reform catches up with tech evolution

KYC reform catches up with tech evolution

By KIMBERLEY LONG

As correspondent banking becomes fraught with issues, but remains a central aspect of business, the industry is seeing an overhaul of its guidelines to ensure high standards of due diligence while still allowing business to flow.

Swift customers step up to standards

Swift customers step up to standards

By KIMBERLEY LONG

Most companies using Swift have met the deadline for attesting to the customer security controls framework (CSCF), paving the way for stronger security and control in payments messaging.

Special focus

The future of the RMB: special focus

The future of the RMB: special focus

Euromoney's latest coverage of how Beijing is seeking to globalize the renminbi, through currency swaps and trade-financing facilities; the rise of the offshore bond market; and how fee-hungry banks are salivating at the prospect of the RMB’s growth.

Sepa: special focus

Sepa: special focus

The Single Euro Payments Area (Sepa) aims to make cash transfers between European countries fast, cheap and simple – but the migration process has proved slow, expensive and complex.

Fintech and innovation: special focus

Fintech and innovation: special focus

From cloud technology to cashless payments, digital currencies to P2P networks, mobile banking to FX robots… financial institutions worldwide are looking to lead technological advances while also trying to keep up with them.