Like a current, money flows, it circulates, it’s liquid. In fact, English law regards currency as one of the key attributes of money. But should new, virtual forms of money […]
The opening up of banks’ customer data to financial technology (‘fintech’) firms has been hailed as a revolution. Fintech promises new, user-friendly services while making online payments easier, safer and […]
Could digital payments help restore clients’ trust in a company that’s lost it? It’s been a terrible twelve months for Facebook. Accusations of interference in electoral processes, evidence of widespread […]
It’s a period of heady and unprecedented innovation in both money and payments. But don’t expect central banks to join the party. That’s the sober message delivered today by Agustín […]
One of the best business books of recent years, ‘How Music Got Free’, by Stephen Witt, tells an engrossing tale of obsession, music, obscene money, visionaries, criminals and tycoons. […]
Last week US bank JP Morgan Chase announced that it has trialled a new digital payment token called JPM Coin. The token is designed to speed up the settlement of […]
If you thought payments were just about the transfer of value from A to B, you were wrong. “Payments are not about the movement of money any more, they are […]
European policymakers have created an unfair playing field through open banking reforms, says Simon Lelieveldt, whose background gives him a unique perspective on payments regulation. Lelieveldt has worked in the […]
Populist politicians in developed countries aim hostile rhetoric at economic migrants, aiming to deter their arrival. But for those who make it across borders to work abroad, sending money home […]
Transferring money from one person to another is relatively easy if you are in physical proximity, in the same time zone or national financial system. But what if your counterparty […]