We speak to ITProPortal about the new tech that solves GDPR for banks

Looming on the horizon for failing to comply is a dark cloud of significant financial penalties, we speak to ITProPortal about planning for GDPR.     Data privacy is driving the European Union’s General Data Protection Regulations (GDPR) in the UK, and yet it’s widely felt that banks and other financial services institutions have run Read More …

American Banker speaks to our CEO about the US Fed’s faster payments plan

CEO Lars Davies speaks to American Banker Magazine about the Faster Payments Task Force initiative in the United States.      Now that a Federal Reserve-convened panel has finished its work on modernizing the U.S. payment system, the Fed itself has some important choices to make. The central bank has long performed key jobs in Read More …

‘Fedcoin’ Strikes Again: Fintech Companies Propose Use of Crypto to US Fed

In a report by the Faster Payment Task Force, fintech companies have outlined how Blockchain technology can be used to make payments faster for the US Federal Reserve. In this article, The CoinTelegraph looks at the companies that submitted their proposals including Kalypton Group, Ripple, Eccho, Xalgorithm, Hub Culture, Nanopay Corporation and Thought Matrix Consulting. Read More …

The Federal Reserve has got some big decisions to make on faster payments

According to American Banker : “A report released Friday by the Faster Payments Task Force — a group representing various stakeholders, including banks, corporations and consumer advocacy groups — established an ambitious timeline. It said that by 2020, everyone in the U.S. should be able to receive fast, secure payments. The tech giants are asking Read More …

Kalypton in the Faster Payments Task Force Report

Some of the highlights are: “Fielded and commissioned an independent assessment of 22 faster payments solution proposals against the Faster Payments Effectiveness Criteria published in February 2016, 19 of which voluntarily progressed through a review by the 500+ participants of the two task forces. Analyzed potential challenges to successful faster payments implementation, focusing on provider Read More …