Category: digital payments

Explore the RegTech Revolution

4 Key Strategies To Create a Future-Proof Digital Bank

Deploying a digital-first banking platform is not only now possible but mandatory for financial institutions of all sizes. To compete effectively in the future, every bank and credit union must understand the four facets of a digital platform strategy — omnichannel capability, modular structure, open API architecture, and smart technologies. Consumers used to shop around,…
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9th July 2019 0

Visa says payment industry can move away from using passwords

World Password Day was “observed” last month and there is no better time to acknowledge that the computer password is over 50 years old. It was invented by Fernando Corbato in the 1960s. Since then, other ways for consumers to authenticate their identity have been developed and according to a Euromonitor study, occurred 52 trillion…
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6th June 2019 0

Regulators struggling to oversee crypto assets

The International Organization of Securities Commissions (Iosco)’s attempt to harmonize crypto regulation will have no immediate impact, as national regulators are still failing to understand jurisdictional governance, says a lawyer. While the CEO of a crypto exchange says the lack of adoption of current regulation to crypto, has created a bottleneck effect. “While efforts to…
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4th June 2019 0

UK Government to set up cash strategy group

The UK Government is to set up a ‘Joint Authorities Cash Strategy Group’ to ensure continued access to notes and coins as the country drifts towards a digital economy. The ongoing removal of bank branches and ATMs from Britain’s high streets has led to a rowdy debate about the consequences for a disenfranchised segment of…
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28th May 2019 0

The future is digital. So, how will it change the business world?

We live in a world consumed by smartphones, new technology and intelligence, which is critical to our connected lives, one in which people can talk, search, interact and buy in real time. We’ve come to expect the same frictionless experience we have online and on our phones in the real world. Paying virtually, either by…
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22nd May 2019 0

Regtech firms look to help shoulder compliance demands

As regulators globally continue to demand that firms strengthen their risk management systems, regtech entrepreneurs see technology as the answer to rising compliance costs and an opportunity to boost trust with clients. Regulated entities support their ambitions, but the slow pace of adoption is a concern. The global wave of regulation is expected to continue…
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15th April 2019 0

CoCoNet revolutionises corporate banking online security with its new MULTIVERSA Token for Mobile and Desktop

Banks have the opportunity to make huge cost savings on their corporate customer authentication services for online banking, thanks to CoCoNet’s new MULTIVERSA Token for Mobile and Desktop. These revolutionary app-based tokens remove any need for banks’ corporate customers to use additional authentication tools when logging in to their online banking platforms. Instead, corporate customers…
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8th April 2019 0

iSign International works with SoftPoint to create ‘unhackable digital wallet’

US-based cybersecurity solution developer iSign International has partnered with SoftPoint to build a secure, ‘unhackable’ digital wallet. By working together to create qkerPAY, the companies are hoping to give consumers and businesses a secure platform for online and offline payments. The new solution claims to be unhackable and this is achieved by utilising iSign’s six-factor…
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13th March 2019 0