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Dec 10, 2024 | 
fintechfutures.com | Anish Kapoor
Real-time payments will continue to reshape the financial landscape in 2025, as will investment in fraud prevention measures to support the shift to instant settlement. Behind the scenes, the transition to the financial messaging format ISO 20022 continues, introducing new mandatory data requirements for payment instructions. ISO 20022 and other technological advances open the door to significant finance and payment transformation, but many corporates lack a vision of what can be achieved.
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Mar 22, 2024 | 
finextra.com | Leetal Gruper |Anish Kapoor |Leon Du Plessis |Drake Paulson
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What does the future hold for businesses in 2024?
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Mar 21, 2024 | 
ffnews.com | Katy Garnham |Anish Kapoor |Phil Black |Pete Carway
AccessPay, the leading bank integration provider, today announced that it has closed its strategic funding round at $24 million with a combination of equity and debt. The round was led by True Ventures, the Silicon Valley-based venture capital firm, with participation from Manchester-based investment firm Praetura Ventures, NatWest, Mastercard, Route 66 Ventures, and Beringea.
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Jan 25, 2024 | 
finextra.com | Dennis Buckly |Anish Kapoor |Abhinav Paliwal
The new year has ushered in exciting developments in the financial technology (FinTech) sector, with major players making strategic moves to shape the industry's future. Established FinTech companies are expanding their offerings and entering new markets,
while innovative startups are introducing disruptive technologies that promise to revolutionize how financial services are delivered.
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Jan 23, 2024 | 
finextra.com | Brad Strock |Fatemeh Nikayin |Santosh Radhakrishnan |Anish Kapoor
Before the introduction of technology, banking had always been a face-to-face business. Yet even personal interactions have evolved from happening anywhere to meetings in coffee/tea shops and then having dedicated branches where banking happened in person
with physical money. At this point, everything was recorded in paper ledgers till as late as 1960.
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Jan 18, 2024 | 
finextra.com | Fatemeh Nikayin |Santosh Radhakrishnan |Anish Kapoor |Priya Kumari
For consumers around the world, debit cards have long been a mainstay of the payments experience. But have you ever considered how this basic banking staple could help you drive growth?
From novel concept to global conquest
When debit cards debuted in the 1970s, the concept of paying directly from your bank account was nothing short of revolutionary. But at the time, banks were prioritizing investment in electronic transfers, ATMs and credit cards – services they felt were
more competitive.
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Jan 17, 2024 | 
finextra.com | Santosh Radhakrishnan |Anish Kapoor |Priya Kumari |Joris Lochy
The integration of large language models (LLMs) like GPT-4 in regulatory technology (RegTech) and payment systems marks a new era in the financial sector. With their advanced language processing capabilities, these models have already generated a lot of
buzz.
They are set to revolutionise how financial institutions manage compliance, risk, customer interactions, and transaction processing.
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Jan 17, 2024 | 
finextra.com | Anish Kapoor |Craig Farley |Joris Lochy |Nicholas Holt
A year ago, Finastra’s State of the Nation research identified BaaS and embedded finance as technological trends disrupting the financial services industry. Our latest research
shows these technologies continue to grow in significance, with financial services organizations adopting them in significant numbers.
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Jan 17, 2024 | 
finextra.com | Anish Kapoor |Priya Kumari |Joris Lochy |Raktim Singh
To understand why coreless banking is such a paradigm shift, we must travel back in time and track the evolution of banking channels, products and services. Let’s rewind 60 years to a world before core banking when the first computer was used to automate
paper ledgers.
In 1959, Barclays was the first bank to buy an electronic computer, an Emidec 1100, which at the time cost £125,000. After purchasing a second computer, Barclays opened the first-ever banking computer centre in 1961.
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Jan 17, 2024 | 
finextra.com | Anish Kapoor |Priya Kumari |Joris Lochy |Raktim Singh
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External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
