Spain has become Europe’s first banking market fully connected to the European Payments Council’s One-Leg Out instant payments plan. The country’s banking industry achieved that milestone earlier this month, Iberpay said in a news release Monday (Nov. 18). As part of the EPC’s One-Leg Out (OCT Inst) program, banks can tap...
HSBC reportedly wants hundreds of managers to reapply for jobs at the bank’s new division. Interviews for positions at HSBC’s corporate and institutional banking (CIB) arm have already begun, Bloomberg News reported Monday (Nov. 18), citing sources familiar with the matter. These interviews — part of new CEO Georges...
Big banks and private finance groups are both chasing the artificial intelligence (AI) craze. But for at least one of those Wall Street banking giants — Morgan Stanley — there’s plenty to go around, Bloomberg News reported Sunday (Nov. 17). That report tells the story...
How many potential borrowers are lost to cumbersome loan processes and slow disbursements? Today’s consumers expect the speed and convenience they find in other digital services — but traditional loan processes often fall short. According to the latest “Money Mobility Tracker®,” 73% of borrowers are...
November 18, 2024
How many potential borrowers are lost to cumbersome loan processes and slow disbursements? Today’s consumers expect the speed and convenience they find in other digital services — but traditional loan processes often fall short. According to the latest “Money Mobility Tracker®,” 73% of borrowers are willing to pay extra for instant loan access. This willingness […]
November 18, 2024
Cross-border trade is a huge business, totaling roughly $190 trillion in 2023. Sourcing goods and services globally and establishing supply chains that transcend borders have become part of the corporate...
November 18, 2024
It’s hard to believe it was more than 20 years ago. Feb. 4, 2004. George W. Bush was president. The Lord of the Rings ruled the movie box office. “Hey Ya!”...
November 18, 2024
“Complexity powers the status quo,” Karen Webster wrote in a recent column. And in financial services — particularly for credit unions — complexity in the back office, and in member-facing...
November 18, 2024
Corpay is extending a payments partnership with international aquatic sports governing body World Aquatics. The agreement will see Corpay’s cross-border business continue to serve as World Aquatics’ official foreign exchange (FX) payments supplier, according to a Monday (Nov. 18) press release. “Over the course of the last three years, we have had the privilege to […]
November 18, 2024
Spain has become Europe’s first banking market fully connected to the European Payments Council’s One-Leg Out instant payments plan. The country’s banking industry achieved that milestone earlier this month, Iberpay said in a news release Monday...
November 18, 2024
HSBC reportedly wants hundreds of managers to reapply for jobs at the bank’s new division. Interviews for positions at HSBC’s corporate and institutional banking (CIB) arm have already begun, Bloomberg News reported Monday...
November 18, 2024
Big banks and private finance groups are both chasing the artificial intelligence (AI) craze. But for at least one of those Wall Street banking giants — Morgan Stanley — there’s...
