At the start of this year, online commerce trends were following a similar trajectory to 2019: eCommerce sales were steadily growing, but they were still a fraction of those at brick-and-mortar stores. Then came the COVID-19 pandemic, triggering a massive shift online as stores closed...
Large, well-established companies were once seen as relatively insulated from disruptions wrought by Amazon, Netflix and other Silicon Valley giants. This was a doubtful proposition to begin with, but the COVID-19 pandemic has shaken such assumptions to the core, for companies both large and small....
SWIFT is launching its global Know Your Customer (KYC) registry to more corporate groups, SWIFT announced in a press release on Monday (Dec. 16). The go-live for corporates was first tested with 18 groups supported by 16 financial institutions that represented more than 7,000 relationships...
Talk of a financial recession and a weaker global economy continues to grow, and central banks are keeping a close ear on the chatter. Reports in the Financial Times on Monday (Aug. 26) warned that continued uncertainty linked to Brexit and trade wars have limited...
October 21, 2020
At the start of this year, online commerce trends were following a similar trajectory to 2019: eCommerce sales were steadily growing, but they were still a fraction of those at brick-and-mortar stores. Then came the COVID-19 pandemic, triggering a massive shift online as stores closed and consumers grew wary about venturing out. There was another […]
August 24, 2020
Large, well-established companies were once seen as relatively insulated from disruptions wrought by Amazon, Netflix and other Silicon Valley giants. This was a doubtful proposition to begin with, but the...
April 20, 2017
Ingo Money CEO Drew Edwards told an audience at Innovation Project 2017 that he sees push payments as a massive opportunity for consumers and corporates alike. The technology will dramatically...
December 16, 2019
SWIFT is launching its global Know Your Customer (KYC) registry to more corporate groups, SWIFT announced in a press release on Monday (Dec. 16). The go-live for corporates was first tested with 18 groups supported by 16 financial institutions that represented more than 7,000 relationships — including BMW, Spotify and Unilever — allowing them to […]
July 17, 2019
More than 50 of the world’s largest companies have already started using a new service that enhances payment flows, allowing a single view of transactions across multi-banked corporates. SWIFT announced...