Lynn Petersen

We're thrilled to share some exciting news from Quod Orbis: we've officially announced a new partnership with YASH Technologies. YASH Technologies has a strong reputation for delivering top-tier technology and consultancy services, expertly addressing the evolving complexities of IT environments. This partnership represents a significant shift in how these complexities are managed, enabling more businesses to elevate their holistic monitoring capabilities by integrating our Continuous Controls Monitoring technology into YASH’s solutions. #cybersecurity #informationtechnology #business #riskmanagement #assetmanagement

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A packed edition this month ... ACI Worldwide Insights covers the latest #realtimepayments news across the UK and Europe, looks at the US FedNow Service a year on from launch and it's the turn of India for our regular market deep dive #PrimeTimeforRealTime

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Recently the #UK Government released its #NationalPaymentsVision, outlining objectives for the nation's #payments sector. The National Payments Vision outlines its ambitions for the payments sector to achieve a trusted, world-leading payments ecosystem. This vision is built on next-generation technology, ensuring consumers and businesses have a choice of payment methods to meet their needs. The vision also emphasizes the importance of collaboration between the #government, #regulators, and the private sector to achieve these goals. The industry reaction is that #OpenBanking and #accounttoaccount payments are important for modernising the UK’s payment systems. There is also an emphasis on the need to move beyond traditional card networks to reduce costs for businesses while improving security and convenience for consumers, and there is enough optimism from relevant players about the sector’s capacity to deliver on these objectives. While innovations are welcome and will do good for the payment industry, the National Payments Vision is mute about having a National Card Payment system. Most developed and developing Nations have established such a system in the national interest and it is a bit Unusual that a mature market like the UK is silent about it. It can be read in 2 ways - The government is strong enough and can command a lot of things while being dependent on International Players or simply it is not required in the near future. A framework for developing the UK’s retail payment infrastructure, including proposed reforms to the UK payment system is expected by mid-2025. It needs to be seen how the UK would steer its payment industry. https://lnkd.in/e62D-Ptv

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#dll providing innovative funding solutions to a key UK market sector in #lifesciences #Euipmentfunding #Laboratory #Lifesciences #Scientist #Research #DLL #cfo #cro #cdmo #biotech #bigpharma #pharmaceutical #pharma #laboratoryequipment

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Worth a 5 minute read to stay up to date

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looking forward to an insightful panel session on 'real world' use cases of AI in Treasury !! #AI

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IT providers that sell to U.K. financial services firms will soon face new regulations designed to ensure the resilience of U.K. banks. Mayhem Shield invites you to learn how they may impact your business. Read the article here: #Azure #governance #financialservices

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Streamline Payments and Reconcile Your Barclays Account Feed with Ease Simplify your financial workflows with Kolleno’s seamless integration for Barclays. Streamline bank account reconciliation, reduce manual tasks, and keep your records accurate and up-to-date. Core Benefits: 🔄 Effortless Reconciliation: Automate reconciliation with Kolleno smart reconciliation module to save time and minimize errors, ensuring financial accuracy without hassle. 💳 Easy, Automated Payments: Let clients pay invoices effortlessly through Open Banking, while automating recurring payments for ongoing ease. 📊 Real-Time Insights: Access immediate data on cash flow and payment patterns, empowering you to make informed, strategic decisions with minimal effort. 🔒 Secure & Compliant: Kolleno’s robust security keeps your Barclays account transactions secure and fully compliant, so you can reconcile confidently. Take control of your financial processes—book a demo to see how easy managing payments and reconciliation with Barclays can be. Find out more here: https://lnkd.in/dRui3VX3 #BarclaysIntegration #AutomatedReconciliation #OpenBankingPayments #FinancialSimplicity

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📰 In this new #GFT blog, Richard Kalas reflects on the latest findings from our Banking Disruption Index, which highlights the mounting debt that UK bank customers are accumulating. Read the blog and download the full report here ➡️ https://okt.to/k6Q3nw #TeamGFT #GFTUK #Banking #BDI #DebtManagement

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“AI is not a silver bullet, and leveraging this capability comes from deep understanding of the business problems and infusing these tools and techniques in the right place within the infrastructure and ecosystem,” shares Adam Gable, senior product director at Temenos . Read this article from The Banker for more insights on #AI and regulation, security, and progress in #payments: https://lnkd.in/gFSaQEMY

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Did you know that UK high street banks increased their #lending to SMEs by 15% from Q4 2023 to Q1 2024? Read the article by Robert Wint, Senior Product Director at Temenos , to learn why traditional banks should be encouraged to adopt #AI and machine learning platforms to better serve SMEs and compete with newer financial institutions: https://lnkd.in/dUAAjZvc

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Mastercard And Amazon Partner to Boost Digital Payment Adoption Across Middle East And Africa Mastercard, a global leader in payment technology, has entered into a multi-year commercial partnership with Amazon Payment Services to drive digital payment acceptance in nine countries across the Middle East and Africa. The countries include Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa, and the United Arab Emirates. As part of the agreement, Amazon Payment Services will integrate Mastercard Gateway, a unified platform for payment processing, across 40 markets in the region. Read more👇 #mastercard #amazon Smita Sebastian Vishal Chandarana Colin McGrath Natalie Sherman Alyssa Rosenblatt

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The Payments Market Practice Group (PMPG) has recently issued new guidance on structured remittance information in #ISO20022 messages. The new paper highlights how richer remittance data can lead to enhanced efficiencies in reconciliation, improved invoice information, and the capability for bulk reconciliation by creditors. It also gives a walkthrough of the data elements, starting with the basics and building up to more complex scenarios - a must-read for both corporates and financial institutions to fully leverage the benefits of structured remittance for reconciliation! 📖 To learn more, download the latest PMPG guidelines here: https://okt.to/Q0Wq1g #PMPG #financialindustry #CBPR #ERP Swift

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Short and sweet weekend read ... National Payments Vision to reposition UK‘s slowly eroding leadership position of the Fintech revolution in response to the findings from the Future of Payments Review 2023. Payments are critical to the growth of the UK economy and to support the sector in delivering economic growth, the National Payments Vision has set out its ambition for the sector to deliver world-leading payments https://lnkd.in/eYA_bPcM Key takeaways especially within the cross border space where there is a ton of opportunity leveraging Openbanking , AI and DLT for early next week. #paiments #digipai #crossborder #100Tnb2b #nationalpaymentsvision #openbankingrevolution #fintechcrown #fca #psr #pay.uk

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Did you know that UK high street banks increased their #lending to SMEs by 15% from Q4 2023 to Q1 2024? Read the article by Robert Wint, Senior Product Director at Temenos , to learn why traditional banks should be encouraged to adopt #AI and machine learning platforms to better serve SMEs and compete with newer financial institutions: https://lnkd.in/gzQPDKBt

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Interesting panel at #PLS24 #Paymentleaderssummit in London. Merchants discussing the importance of standardising #payment information from different #paymentmethods and different regions as well as keeping in mind multiple internal touchpoints within a merchant organisation that payments need to condider its impact upon : finance, marketing, risk, operations, customer happiness.. the list goes on!!. Thanks for the insights! Tania Ziegler David Morgan Rafael Vianna and Matt Sykes PhD

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