According to Sopra Banking Software’s Dr David Andrieux, as online marketplaces become mainstream, the banks set to profit most from their introduction will be those with not just the right technology in place – but the right approach, too.

Online marketplaces hold public sales to match supply and demand, as you may know. But why are we starting to talk about them in the context of retail banking?

Gresham Computing plc, a leading provider of transaction control solutions to international financial institutions and corporates, today announced Gresham’s Clareti Transaction Control (CTC) has been certified as meeting the PCI Data Security Standard (PCI DSS) for the global card processing industry. 

CTC's market-leading reconciliation and transaction control functionality can now bring further protection against fraud and error to the card payments industry.

Over a quarter (28 per cent) of social housing tenants are missing out on huge savings by using cash to pay for bills, goods and services, rather than direct debit, according to research from Experian.

For many low income families paying in cash, this ‘poverty premium’ has been calculated to amount to more than £1,280 a year – an amount that could be saved if they were paying bills by direct debit.

Taiwan's Financial Supervisory Commission (FSC) launched the 'Market Uplift Plan' this past February to further a transparent, fair and efficient capital market and to enhance Taiwan's competitiveness in the global market. In the Market Uplift Plan, there are 15 measures made under 8 policies. 

Moneris Solutions Corporation (‘Moneris’), one of North America’s largest processors of debit and credit payments, announced today it will be entering into a relationship with Powa Technologies (‘Powa’) to be the preferred Canadian provider of PowaTag, a unique mobile solution that extends the world of online commerce to traditionally offline environments.

 Virtusa, a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to transform the customer experience, is meeting the rising demand for instant payment solutions amongst banking customers, with innovative apps such as its 

London's burgeoning reputation as the tech and financial capital of Europe is to be rewarded in 2019 when it will play host to the annual Swift international banking conference, Sibos, for the first time in the event's 37-year history.

In 2013, the Federal Reserve decided to step in and start a 40-year conversation in the making, asking the nation’s experts in payments, business, and banking their thoughts on what a faster payment system could look like.

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, issued its recommendations on global data harmonization to the CPMI IOSCO Harmonization working group today, detailing a proposed path towards a global data harmonization, with credit derivatives identified as the first step. The approach involves harmonizing approximately 30 data fields across global trade repository providers, essentially creating a global data dictionary; these fields are viewed