Recently, several clients have inquired about the licensing prerequisites for becoming a Direct Member of Payment Systems in key jurisdictions. I’ve put together a comprehensive guide with links to pertinent information sources. I strongly advise consulting relevant payment experts and authorities/payment system operators before making a decision as to whether this is right for your […]
Author: paulimm
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Scaling Your Fintech Business: Lessons from Sir Chris Bonington
Many years ago, I had the privilege of attending a sales offsite organized by the CEO of a Global Transaction Bank. The highlight of the event was a keynote speech by Sir Chris Bonington, a charismatic mountaineer and the leader of the successful 1975 British expedition to conquer the summit of Mount Everest. His remarkable […]
FSB/G20 progress report on Cross-Border Payments Targets: What are the implications for your business?
This week saw the release of a Progress Report from the Financial Stability Board (FSB) on the G20 Roadmap for Enhancing Cross-Border Payments. This blog post delves into key insights from the report and their potential implications for Financial Institutions in the cross border payment space. I. Setting the Stage:In 2020, the G20, with the […]
Lessons from the Dentists Chair – a Primer in Organizational Problem Solving
Last week, I made a visit to the dentist, following a painful episode when biting into a carrot stick (of all things). The sudden, sharp pain, on the right side of my mouth, was intense. I immediately decided on two things: i) only chew food on the left side of my mouth for the foreseeable […]
Unlock New Opportunities and Elevate Your Payment Offering with FX Payments
Image by jcomp on Freepik.com For banks and payment service providers looking to enhance their payment capabilities, meet clients’ global payment demands and open up new revenue streams – Foreign Exchange (FX) payments could be the solution they are looking for. In this post, I’ll share insights into why integrating FX payments makes sense and the […]