Tags: BACS

Technology in finance: banking on business success

New banking technologies and cloud adoption have already changed the way financial institutions operate. Yet the upcoming revised Payments Service Directive (PSD2) will again disrupt the current rules of engagement. It could allow the technology sector, especially Fintech start-ups, and challenger banks to take advantage of an area that is currently ruled by major banks.…

The Interledger Protocol – a great disintermediator?

The InterLedger Protocol (ILP) is the creation of two Ripple engineers – Stefan Thomas and Evan Schwarz. Their ‘invention‘ is a curious beast which has become part of W3C (as the Interledger W3C Community Group). The website offers a bare minimum of information and most people seem to associate ILP with blockchains. In the view…