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The Past, Present, and Future of Payments – James Booth – PPRO
The payments landscape has changed dramatically in the last few years and James Booth, Head of Partnerships at PPRO is ideally positioned to assess the changes and offer some predictions on what’s to come. There’s some fascinating insights on the role of e-wallets and alternative payment methods as well as what companies need to do to stay ahead.
In this video, Booth speaks to Doug Mackenzie at Money20/20 Europe in Amsterdam about what’s going to happen to cards as consumer behaviour shifts to an almost entirely digital payments experience. Big acquirers and card schemes are making timely investments and ease of use is driving innovation in this space. Booth is also able to comment on what PSD3 could achieve and much more as he talks about this interesting time that we’re in.
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Lorum Extends Correspondent Rails Into Yield, Taking on the BNY Model for Mid-market Financial Institutions
Lorum today announced the upcoming launch of a yield-bearing capability within its cash management offering for institutional treasurers. The capability extends Lorum's existing cash management service, giving treasurers access to money market instruments alongside the multi-currency clearing, custody, and FX they already use, through a single account structure. Clients will be able to earn yield on idle balances held on the platform, including dollars held for foreign exchange execution, operational liquidity buffers, and funding held between collection and payout cycles.
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