Thursday, 27 October 2016
How consumers will interact with their money in the future is of course the whole point behind the Money20/20 conference, where companies of all kinds are demonstrating solutions to help the everyday consumer–and merchant–have a better experience with money.
This includes companies like Diebold Nixdorf, which is dedicated to forging—in its own words—“the future of connected commerce;” at Money 20/20 Diebold appears to be offering a middle ground between cash today and the cashless future with its “Extreme ATM” concept.
Bank of America announced its new chatbot, Erica, at Money20/20 in Las Vegas. Erica should roll out for BofA digital and mobile banking users “late next year,” according to a spokeswoman from the bank.
At an event where chatbots were one of the main topics of interest for many of the 10,000 attendees, BofA’s Erica stood out. One simple reason for that could be that so far, this is the only bank-branded chatbot that we’ve seen. Chatbots for mobile banking have existed for some time now, both on mobile apps and in other services like Facebook Messenger.
Saturday, 22 October 2016
Read the full article in The Economist
Monday, 17 October 2016
Saturday, 8 October 2016
Wednesday, 5 October 2016
Wednesday, 24 August 2016
This webinar focuses on the entire payments and settlements process: beginning with the making of a payment and ending with the payment being received by the beneficiary and settled in a manner that makes it final and irrevocable.
We will explore the nature of a payment and the many ways that these funds may be transmitted from the payer to the receiver, depending on the parties’ physical location and their requirements, as well as the settlement that occurs between the intermediaries handling the payment so as to ensure that the transaction cannot be legally challenged.
We cover the full range of major payment & settlement systems including; Payment systems, Real Time Gross Settlement (RTGS), Large Value Transfer Systems (LVTS), Deferred net settlement, Continued Linked Settlement (CLS), SWIFT financial messaging and, Correspondent banking.
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