FIN

Supporting financial inclusion with card processing technology

Supporting financial inclusion with card processing technology

Card issuers have a critical role to play in the drive to create a more inclusive financial system. And thanks to advances in technology, they are getting better and better at performing this important duty. Customers rely on innovation For consumers, technology has long been a key driver of financial inclusion, especially among the unbanked …

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Reshaping the financial planning and investment service through manifestation

Reshaping the financial planning and investment service through manifestation

How can we design an app that provides a guide to better financial decisions? Users usually invest based on in-app offers, but to help customers achieve their dreams, we can change this approach. While working on a recent investment product for a client of ours, we discovered that users needed help first making sense of …

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The technology trends and innovations shaping the payment landscape in 2024

The technology trends and innovations shaping the payment landscape in 2024

Mick Fennell, Business Line Director and Head of Payments at Temenos We saw several interesting developments in payments in 2023, notably a sustained surge in instant payments, embedded finance gaining momentum and the implementation of ISO 20022 to cross-border SWIFT. Looking ahead to the year ahead, there are a number of trends that will continue …

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Three ways open banking can benefit travel money businesses

Open Banking is shaking up the fintech and payments world, no doubt you’ve heard about it. It is a framework that enables banks and financial institutions to securely share financial data with other regulated providers to create more personalized services and value for both consumers and businesses. With Open Banking payments, businesses are paid quickly, …

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It’s time for bankers to make a list of technology priorities and check it twice

If bankers are to survive, they cannot afford to choose complacency when it comes to technological innovation. In fact, they should bet their careers on replacing outdated systems and solutions. If a banking core does not allow for innovation – the continuous updating of capabilities, channels, interfaces and processes – it must be replaced. Otherwise, …

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Exclusive: JPMorgan outsources $500bn custodial business to Hong Kong, Taiwan – sources

The JP Morgan logo is seen in New York, U.S., January 10, 2017. REUTERS/Stephanie Keith/File Photo Acquire Licensing Rights HONG KONG, Dec 12 (Reuters) – JPMorgan Chase ( JPM.N ) intends to outsource the operations of its local custody business in Hong Kong and Taiwan to Citigroup ( CN ), HSBC ( HSBA.L ) and …

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Exclusive: GM’s new Cruise leader admits ‘all-time low’ amid safety review

A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco, where it conducts most of its testing, in California, U.S., September 26, 2018. REUTERS/Heather Somerville//File Photo License Acquisition rights Dec 5 (Reuters) – General Motors’ Cruise autonomous vehicle unit has hit an “all-time low”, its …

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Explained: How will the Supreme Court change the relief of the opioid epidemic in the US?

A pharmacist holds prescription painkiller OxyContin, 40 mg pills manufactured by Purdue Pharma LD at a community pharmacy, in Provo, Utah, U.S., April 25, 2017. REUTERS/George Frey/File Photo Acquire Licensing Rights WASHINGTON, Dec 3 (Reuters) – The U.S. Supreme Court will hear arguments on Monday about the legality of a roughly $6 billion bankruptcy settlement …

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Pioneer Elon Musk is pushing a worldly new frontier

Elon Musk, CEO of SpaceX and Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France June 16, 2023. REUTERS/ Gonzalo Fuentes/File Photo License Rights Acquired November 30 (Reuters) – (Please note the coarse language in …

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