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Podcast: Cloud migration ‘a must’ for FIs

BankInovation

Financial institutions are prioritizing cloud migration as cost reduction and innovation continue to be top of mind. “We We definitely see cloud migration as a must,” Rodrigo Silva, regional director for the Americas at Temenos, tells Bank Automation News on this episode of “The Buzz” podcast.

Regional 108
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Why B2B Payments Innovation Is Key To China’s Global Standing

PYMNTS

But China is also pressing for payments innovation, SWIFT noted, as industry players like Alibaba promote digital payments and more China-based financial institutions (FIs) join SWIFT’s global payment innovation (gpi) initiative. RMB usage made up 1.61 It could be key to the broader Chinese economy too.

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Chinese P2P Lender Blames Gov’t For Growth Decline

PYMNTS

While the industry has expanded quickly to a large and complex scale over the years, regulatory directions keep changing and different regions have different rules.”. We hope regulators can give the industry a clear and definite timetable, and give guidance and a ray of hope for companies that stick to compliance,” Guo said.

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dlocal CEO: Helping Global Merchants Tap Emerging-Market Opportunities

PYMNTS

consumers in these geographies are quickly opening up lucrative possibilities for global merchants thanks to the availability of lower-cost smartphones and wireless broadband, the ongoing adoption of eCommerce and the move on the part of many countries to innovative their national payments infrastructure.

Marketing 253
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Fave: Inside Southeast Asia’s Merchant Super App

PYMNTS

Mobile payments penetration has historically faced a gap in Southeast Asia , Joel Neoh , founder of leading regional online-to-offline company Fave , told Karen Webster. For example, many merchants worry about the costs associated with card payments, although such fears are diminishing rapidly as interchange fees across the region fall.

Taxes 311
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Drive.ai To Launch Self-Driving Car Pilot In Frisco, Texas

PYMNTS

“Frisco is recognized as a leader in using ‘smart,’ innovative traffic technologies,” said Frisco Mayor Jeff Cheney in the press release. Today definitely marks a mobility milestone for our entire region. Ahead of the launch of the pilot, Drive.ai

Texas 129
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Secure By Design: Why Privacy Must Be Baked In To IoT Devices

PYMNTS

Pros and Cons of Regionalization. Many organizations take different approaches to security depending on the region, product or business line. A customized approach, Noblanc explained, enables them to meet compliance and regulatory standards, which vary by region.

Security 197