article thumbnail

Mobile Money and Mobile Financial Services @ ATM Networks: The Role of ATM Networks in the “Mobile First” World

Payments Dive

This white paper examines the opportunities for financial institutions (FIs) and mobile network operators (MNOs) to generate new revenue streams in the “mobile first” environment, which is becoming a reality in developed and emerging markets.

Mobile 150
article thumbnail

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

Chris Skinner

I’ve just been alerted by friend Gijs Boudewijn to the release of a fascinating white paper by BIS, the Bank for International Settlements (the guys who do Basel stuff and are big cohonez in banking circles).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Trade groups take aim at CFPB’s expansion of UDAAP authority

CFPB Monitor

The white paper concludes as follows: The CFPB’s action has tremendous implications for consumers, banks, and for financial markets at large. In addition to joining with the other trade groups in sending the letter and white paper to Director Chopra, the U.S.

Groups 145
article thumbnail

Bitcoin Daily: US Seeks To Return Funds To Investors From Banana.Fund In Connection With $6.5M Crypto Scam; Alleged Twitter Teen Hacker Has $3M In Bitcoin

PYMNTS

The operator then purportedly moved to a laundering and reimbursement scam that led to the U.S. The white paper of Banana.Fund discussed a business development firm that helped burgeoning upstarts across the beginning phases and provided those who put up the early investments with transparency. million as of Monday (Aug.

Bitcoin 153
article thumbnail

Russia Prepares For SWIFT Exit With Blockchain

PYMNTS

The Russian Association of Corporate Treasurers is joining the government-led Masterchain blockchain initiative, a platform developed by the central bank to facilitate communication within Russia’s banking market. Russia is reportedly looking to use the platform to replace SWIFT’s inter-bank communications network.

article thumbnail

UK To Launch Big Tech Regulator Post-Brexit

PYMNTS

s Competition and Markets Authority (CMA), which published a report on Wednesday (Dec. Andrea Leadsom, secretary of state for the Department for Business, Energy and Industrial Strategy (BEIS), said the organization was going to release a new white paper in Q1 of next year that would suggest new rules to reform competition issues.

article thumbnail

JP Morgan: Treasury Innovations Accelerate Digital Transformation

PYMNTS

Corporates must look at the entire set of processes that govern operations, whether with their own clients or suppliers and with banking partners in the middle, he said. Kanthadai referenced a recent joint white paper published by Eurofinance and J.P.