Visa pays $5.3 billion to share in fintech growth

Visa pays $5.3 billion to share in fintech growth

January 16, 2020
By PETER LEE

The premium price for its acquisition of Plaid shows Visa’s determination not to be left behind in the fintech-led transformation gathering pace across financial services.

Capital markets: How to enter China

Capital markets: How to enter China

January 15, 2020

Foreign banks hoping to break into China’s capital markets will have their chance at the end of 2020, but muscling in on primary capital markets could prove expensive and risky.

Asia unprepared for end of Libor

Asia unprepared for end of Libor

January 15, 2020

How much work have Asian banks put in to get ready for the end of Libor on December 31, 2021? Senior bankers admit that not much progress has been made.

Israel sells $3 billion bond as regional tensions abate

Israel sells $3 billion bond as regional tensions abate

January 10, 2020
By VIRGINIA FURNESS

Israel has taken orders of $20 billion for its first Eurobond of the year, despite the deadly strike on an Iranian general that threatened to push simmering Middle Eastern tensions to boiling point in early January.

Technology vendors eye FX client onboarding opportunity

Technology vendors eye FX client onboarding opportunity

January 10, 2020
By PAUL GOLDEN

Regulatory technology vendors are relishing the prospect of helping banks minimize FX client onboarding errors, but in a world where legacy systems remain commonplace, regtech is not always an easy sell.

Swift KYC registry opens to corporates

Swift KYC registry opens to corporates

December 20, 2019
By KANIKA SAIGAL

Swift hopes its know your customer (KYC) registry, now open to corporate partners, will succeed in ways in which others have failed, given the institution's not-for profit and cooperative position.