Insights
Insights
Here are the latest trends and insights along with emerging technologies that are shaping the Finance Industry through the eyes of Fineksus team.
Here are the latest trends and insights along with emerging technologies that are shaping the Finance Industry through the eyes of Fineksus team.
Top 5 Innovations in the Payments Landscape You Should Know by the End of 2020
Top 5 Innovations in the Payments Landscape You Should Know by the End of 2020 The notions of interoperability, harmonization, transparency and unification have been popular in financial payments and messaging standards in 2020. As technological developments evolve and offer so many advantages for the businesses in every field, the financial ecosystem has had [...]
Achieving a Unified Payments Landscape with Payments Hub
Achieving a Unified Payments Landscape with Payments Hub A unified payments system: Payments Hub Platform The payments eco-system has been struggling with the challenges related to increasing volumes of payments and customer expectations as well as the new innovative developments in the payments atmosphere that caused fragmentation and complexity eventually. The currently used payments [...]
Real-Time Payments: Re-defining the Payments Landscape
Real-Time Payments: Re-defining the Payments Landscape The real-time payments system is a money transfer innovation that offers instantaneous payments, real-time communication, ubiquity and extensive data transfer between banks and banking systems. Payments can be made and received 24/7, 365 days including holidays and weekends. Together with the rapid improvements in mobile technology and digital [...]
Infographic: Cost of Compliance in Uncertain Times
Cost of Compliance in Uncertain Times Compliance has been on the edge of innovation for banks and financial service providers with instant growing technologies; due to increase in global financial risk. Industry leader banks and financial institutions are making smart partnerships with technology providers to broaden the resiliency of their compliance infrastructure. According to [...]
Distributed Ledger Technology and Blockchain: Potentials and Challenges
Distributed Ledger Technology and Blockchain: Potentials and Challenges Distributed Ledger Technology (DLT) is a new method of data validation that does not require a trusted authority and it enables to record, share and synchronize data across a distributed network of data stores and participants in a transparent way. Distributed ledgers (DLs) simply refer to [...]
Sibos 2020 Virtual Event – Highlights
Sibos 2020 Virtual Event – Highlights This year’s hot topic and trend being digital as a result of the pandemic, for the first time, Sibos - the world’s premier financial services event - took place online, completely virtual. In these times of uncertainty, the discussions of the challenges and opportunities in the financial world [...]
Open Banking Framework in the Age of Digitalization
Open Banking Framework in the Age of Digitalization Open Banking and the API Open Banking is defined as the secure method for businesses and consumers to exchange data in return for receiving faster payment-related or other innovative banking services by the new or already existing companies. It promises to revolutionize the whole system of [...]
Whitepaper: Future of Compliance
Future of Compliance This White Paper explores the popular trends in the payments industry which have direct or indirect effect on the evolution of the compliance processes. The digitalization in financial solutions are transforming the way financial institutions (banks, regulators, FinTech companies and other stakeholders) operate. The concepts of RegTech, AI (artificial intelligence), blockchain, [...]
Updates on RTGS Renewal Programme
Updates on RTGS Renewal Programme The Real-Time Gross Settlement (RTGS) service is defined as the infrastructure which holds accounts for the banks, building societies and other institutions by offering a final and risk-free settlement via real-time money transfers among these accounts. In the economy of the United Kingdom, this service has a crucial place [...]
Compliance Challenges for Financial Institutions in the ‘New Normal’
Compliance Challenges for Financial Institutions in the ‘New Normal’ The ‘new normal’ in the financial framework The effects of COVID-19 in the financial world reflected themselves in the operational as well as the regulatory side. As the limitations in the on-location business and travel restrictions appeared in the face of the pandemic, it has [...]
