Category: Virtual Cards & Payments
The payment processing and disposable income landscape between now and 2078 represents a mass digitization opportunity. Completely plastic-less solutions are the focus of this project area.
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Payment Infrastructure Case: Medallion Architecture Enhancement
In the evolving landscape of payments, the need for robust, scalable, and efficient data processing frameworks is of top priority. With the rise of digital payments and the increasing complexity of transactions, traditional monolithic systems often struggle to keep pace. Enter Medallion Architecture—a modern data architecture designed to address the challenges of scalability, data quality,… Read more
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Streamlining Reconciliation with Databricks: A Quick Guide
Today was an interesting process of settling gym membership fees through a legacy ERP system, as well as the constituent user stories / use case we were able to generate with LLM. As we approach mid-2024, further gap analysis has uncovered interesting reasons to move away from these systems in favour of solutions that confer… Read more
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The Surveillance File: Financial Crime & Pre-Event Transaction Monitoring
Thank you to those in my network at ThomasNet, BNY-Mellon, NATO, the City of Calgary, and former RAF analysts, as well as the tribal peoples of Kenya and villages from the far reaches of Eurasia for your support including those yet unexplored. I still believe that we can make a difference together with the open… Read more
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Payment Infrastructure Case: SWIFT GPI Improvement and Annualized Cloud Cost Savings
In the realm of global payments, the efficient and transparent exchange of funds across borders is paramount. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has long been a cornerstone of this process, facilitating secure communication between institutions worldwide. With the introduction of the SWIFT Global Payment Innovation (GPI) initiative, a new era of cross-border… Read more
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Unlocking Business Value with dbt in Capital Markets: A Cloud-Based Approach to Cash-Flow Analysis
In the rapidly evolving world of capital markets, the ability to analyze financial data and make informed decisions is more critical than ever. Traditional methods of financial analysis, while effective, often fall short in the face of the complexities and volatility of today’s markets. This is where dbt (data build tool) comes into play, offering… Read more
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Navigating Counterparty Risk: Enhancing Trading Desk Resilience in the Era of Blockchain Innovation
In the modern world of trading amidst cases from Robinhood, counterparty risk remains a persistent concern for trading desks and investors / family offices alike. With the advent of blockchain technology, trading desks are presented with new opportunities and challenges in managing counterparty risk effectively. In this blog post, we’ll delve into the critical importance… Read more
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Modern Data Stack Redux: A New Era of Frictionless Data Solutions
I was recently in a call over the weekend with a contact at RBC Capital Markets in the global front-office division. On top of my own market observations related to Reconfigured.io / others and attempts to slice-and-dice the DAG problem, the simplest approach to perennial topics seems to be related to specific end-points that can… Read more
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Exploring Atomic Swaps: A Practical Approach to Interoperability in Blockchain
In the realm of blockchain technology, interoperability is a key challenge, hindering seamless communication and asset exchange between different blockchain networks. Atomic swaps present a promising solution to this problem, enabling trustless and decentralized exchanges of digital assets across disparate blockchains. In this blog post, we’ll dive into a practical code snippet that demonstrates the… Read more
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Embracing Transparency: Why Our Payment Solution Runs Without Encryption
In today’s digital landscape, data security is paramount. However, we recognize that traditional encryption methods may not provide the level of security needed in the evolving landscape of web3 and smart contracts. That’s why we’ve made the deliberate decision to deploy our payment solution without encryption—here’s why: In conclusion, our payment solution’s deployment without encryption… Read more
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Disrupting the Payment Landscape: Prepaid Crypto Solutions vs Traditional Players like Eurocard
In the realm of payment solutions, traditional players like Eurocard have long dominated the market with their plastic cards. However, as the world shifts towards digital currencies and innovative fintech solutions, a new contender has emerged: prepaid crypto payment systems. Let’s explore the competitive landscape and understand why these solutions are different from Mastercard and… Read more