Robust cloud-based payments systems are seen as a crucial way for incumbent banks to compete more effectively with fintech start-ups.
Latest articles from Bill Lumley

Shift to the cloud accelerates with Nationwide modernisation
March 20, 2023
BofA innovation culture drives patent applications
March 2, 2023A start-up mindset and patents fuel a culture of innovation at Bank of America – a working environment that will become ever more important for banks as CBDCs gain prominence.

Digital currency network developer invites banks to participate in tests
February 22, 2023Unveiled at Davos, UDPN, a global messaging network supporting digital currency systems, has already been tested by several leading banks.

Financial services alliance offers BNPL to multinational global retailers
January 26, 2023Allianz Trade, Santander CIB and B2B e-commerce platform Two have expanded their buy now, pay later service to enable payments for large retailers.

Hope for fintech start-ups hampered by payment charges
December 20, 2022An investigation into allegedly unfair interchange fees charged by the two main card providers in the UK has been launched with a focus on driving down costs that are stifling the innovation of fintech start-ups.

Banks work toward gender parity with Code First Girls
December 19, 2022UK banks sign up to female tech talent initiative Code First Girls.

Cyber attacks against banks reach record levels
December 19, 2022Cyber attacks against banks are at record levels globally and rising sharply, according to several recent reports.

DTCC report lays out CBDC challenges
December 16, 2022The corporation worked with the Digital Dollar Project and Accenture on the wide-ranging white paper.

Bank pilot shows interoperability between blockchains
December 14, 2022Coupling blockchain systems is a breakthrough that will bring with it improved efficiency and ease of use, but for now it is a benefit for bank treasuries alone.

The untapped segment in Middle Eastern banking
December 8, 2022A report reveals the great opportunity for newcomers to address the unmet needs of the region’s unbanked, amid expectations for massive expansion of the fintech sector in the coming years.