Yesterday, it was reported that CHAPS, or the Clearing House Automated Payment System, the system that enables real-time gross settlement payments in the United Kingdom, had gone offline, impacting some “high-value” payments and transfers. The Bank of Engaland did not reveal the cause of the outage,… Read More
Read more in: Global, Fintech, Opinion | Tagged alex reddish, bank of england, chaps, npa, payments, tribe payments, uk, united kingdom
As embedded finance continues to transform the financial services sector, Currencycloud questions how banks will shape that future. The cross-border payments Fintech notes that this is the question “on the minds of industry insiders — and with the rise of embedded finance, it’s never been… Read More
Read more in: Fintech, Global, Strategy | Tagged alex reddish, banking, cross-border payments, digital payments, embedded finance, europe, fintech adoption, fintech trends, incumbents, international payments, tribe payments, uk, united kingdom
Currencycloud and Tribe Payments are partnering on a new “Banking-as-a-Service” solution for Fintechs and digital banks, according to a note from the company. Currencycloud is a global, multi-currency account provider where customers are able to collect, convert, pay, and manage multiple currencies, anywhere in the… Read More
Read more in: Fintech, Global | Tagged alex reddish, banking as a service, currencycloud, payments, stephen lemon, transfers, tribe payments, uk, united kingdom
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