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Dec 10, 2024 | 
finextra.com | Scott Dawson
This past year will hopefully go down as a transformative year for the UK’s economy in general and its FinTech industry in particular. The big news was that after 14 years we have a new government, but the small print was that this new government wouldn’t
be doing much to distinguish itself from its predecessors. While we didn’t see a return to pre-pandemic exuberance in terms of investment, there was a definite improvement over previous years.
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Oct 11, 2024 | 
paymentsnext.com | Scott Dawson
By Scott Dawson, CEO, DECTATo keep fit and healthy, I train in Muay Thai at my local gym every Saturday morning. While Muay Thai and payments may seem worlds apart, they share a key principle: strategically managing pain. Some types of pain can be productive, pushing you to grow stronger without harming you in the long run. But there’s also the kind of pain that triggers alarm bells, signaling a problem that needs immediate attention.
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Mar 12, 2024 | 
finextra.com | Chris Lewis |Matthew Phillips |Ivo Gueorguiev |Scott Dawson
In emerging economies, inclusive instant payment systems (IIPS) are spearheading a revolution. As these systems evolve, particularly in regions like Africa and Southeast Asia, they potentially represent a direct pathway for the $10 trillion informal economy
– a potential fintech market – to participate in the digital financial sector.
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Mar 12, 2024 | 
finextra.com | Scott Dawson |Shailendra Malik |Rodrigo Zepeda
Financial institutions protect the financial system and play a critical role in preventing money laundering, including the tough challenge of trade-based money laundering (TBML). In TBML, criminals exploit legitimate trade channels to conceal illegal money,
thereby jeopardizing financial stability. Detecting and preventing TBML is crucial for maintaining a strong global financial system.
Understanding TBML:
TBML means manipulating trade transactions to clean money.
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Feb 29, 2024 | 
paymentsnext.com | Scott Dawson
By Scott Dawson, Head of Sales & Strategic Partnerships, DECTAThe cycle of work ethic and business success is perpetual: investors pump their cash into weak businesses during good times, which inevitably fail. They are then forced to find more reliable sources of profit and then, when they are flush with cash again, go back to handing out fistfuls of money to anyone with a pitch deck and a business degree.
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Nov 16, 2023 | 
paymentsnext.com | Scott Dawson
By Scott Dawson, Head of Sales and Strategic Partnerships, DECTAA quick Google search for “recession” reveals many articles predicting that one is inevitable. While much of this speculation has emerged because of a mass media echo chamber, businesses should still prepare for the worst. There are many ways to do this, but investing in trendy new technologies, such as NFTs, is not the answer.
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Oct 24, 2023 | 
finextra.com | Luigi Wewege |Scott Dawson |Chirag Shah |Richard Baker
It’s no secret that technology is rapidly advancing the human workspace, and now we’re even seeing technologies come together to create a seamless environment. Indeed, artificial intelligence (AI) and machine learning (ML) are increasingly collaborating
in solutions, especially in the realm of fintech - and, when they do, the benefits seem unstoppable as this guide explains.
AI and SMEs unveiled
Years ago, it seemed that AI was just a buzzword.
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Oct 18, 2023 | 
finextra.com | Jamel Derdour |Scott Dawson |Mousser Rahmouni |Patrick Devlin
Constructing your payment gateway offers various benefits and certain challenges. Before you embark on this endeavor, it's crucial to comprehend how developing a payment gateway from scratch can positively impact your business while also acknowledging the
hurdles that may arise along the way.
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Oct 18, 2023 | 
finextra.com | Jamel Derdour |Scott Dawson |Mousser Rahmouni |Patrick Devlin
Dominic Broom, SVP Working Capital Technology, Arqit, explains why a very succinct piece of legislation is unlocking a transformative approach to trade and supply chain finance, and thereby injecting stability and working capital across end-to-end supply
chains.
For those involved in international trade, navigating the repercussions of recent global and geopolitical events has been tricky to say the least.
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Oct 18, 2023 | 
finextra.com | Jamel Derdour |Scott Dawson |Mousser Rahmouni |Patrick Devlin
In today's interconnected world, the ease and efficiency of cross-border financial transactions have become pivotal to businesses and individuals alike. The growth of global payouts has transformed the landscape of international commerce and personal finance. This article delves into the factors driving the growth of global payouts and their significant impact on the global economy.
