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Go Where No Operations Department Has Gone Before – Instant Settlement

Perficient

The front office is screaming down to the Settlement Office, “Operations, we need more capital!” In this blog, we wanted to share a practical solution that blockchain technology can offer financial services institutions – the ability to provide instant settlement and optimize collateral on demand. I’m giving it all we’ve got.

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Reimagining The Bank As A Technology Company

PYMNTS

Intimidated by the scale and cost of a massive technological overhaul, large financial institutions (FIs) may approach their digital transformation (DX) journeys gradually, targeting various areas of operations to modernize one-by-one. “Banks are technology companies,” Rio Tinto recently told PYMNTS.

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Volante Technologies Accelerates Market Convergence For Santiago Exchange

PYMNTS

Cloud payments and financial messaging provider Volante Technologies Inc. is accelerating market convergence for the Santiago (Chile) Exchange (Bolsa de Santiago), according to a Wednesday (Dec. It would be challenging to choose one reason why payments modernization is currently speeding up.

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BIS endorse Distributed Ledger Technology (DLT) for payments clearing and settlement

Chris Skinner

Their Committee on Payments and Market Infrastructures released Distributed ledger technology in payment, clearing and settlement: an analytical framework last week, and I just read it. DLT may radically change how assets are maintained and stored, obligations are discharged, contracts are enforced, and risks are managed.

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Perficient Included in IDC Market Glance: Lending Digital Transformation Strategies

Perficient

While it was once expected and acceptable for lenders to enforce standardized payment due dates and policies, COVID-19 brought the impracticality and ineffectiveness of a “one-size-fits-all” approach to credit and lending to light. The IDC Market Glance offers an overview of the landscape for consumer and small business digital lending.

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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

Here are some of the biggest payment trends we’re forecasting for the new year. Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners.

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Today In Payments Around The World: IBM Buys Canadian Firm Expertus Technologies; GoJek Unveils GoBiz Plus System For Merchants

PYMNTS

In today’s top payments news around the world, IBM has bought Canada-based Expertus Technologies, while Gojek is rolling out its new GoBiz Plus point-of-sale (POS) offering. Gojek Debuts POS System for Indonesian Merchants That Accepts Cashless Payments. EU Releases First Drafts for Digital Services, Digital Markets Acts.