Being a banker isn’t easy. And it hasn’t been ever since the 2008 financial crisis. That year almost the entire world lost faith in the ethics and integrity of banks. Bankers were dubbed as greedy money grabbers. More than ten years have passed, the public opinion hasn’t changed much and banks are still suffering from […]
Globalization and automation make the call for real-time payment processing ever larger. The world moves fast. People have little patience and understanding for slow payment processing these days. Especially because this form of payment processing lightens liquidity stress for small and medium-sized businesses. And instant payments also increase efficiency, transparency, convenience, and financial control for […]
The revised payment service directive (PSD2) is set to disrupt the banking industry with fintechs possibly taking over payment initiation and account information services from banks. But, these fintech companies [...]