What are the odds that a new, global financial powerhouse will emerge, in the wake of Russia’s ruinous invasion of Ukraine?

Which fees are commonly charged for cash withdrawals? How much do you really know about ATM’s and the what goes into making them work?

Test your Cards & Payments Concepts knowledge with this brainteaser quiz compiled by Cards & Payments experts

A few customers have asked about Training and Travel after covid. Resuming our face-to-face, classroom Training on-site, at events across Europe, the Middle East, Africa, Asia and the Pacific. At Solveworx we design and deliver Online and Classroom Training on banking and topics related to Banking and Financial Services. Human nature being what it is, we are already thinking about Training and Travel after Covid. After the Pandemic put paid to our face-to-face, classroom Training, so like the rest of the world, we turned to On-Line. “Hope springs eternal in the human breast.” … “We always hope, and in all things it is better to hope than to despair.” … –Philo (Greek scholar, 2nd century A.D.). We had been experimenting with Online delivery when the pandemic struck and so, like most companies we adapted quickly and learnt fast. The change to Online has mostly been for the better. Most of our Courses Read more…

13 Reasons why Banks will be around a lot longer than the experts predict or why Resilient Banks beats Fintech Smarts (almost) every time…. ‘Experts’ who forecast the Death of Banking with the same conviction that Fundamentalists predict the Apocalypse, are very much mistaken. There are at least Thirteen Reasons Why* this won’t happen that I can think of off the top of my head (though there are probably many more). So here goes… First – Payments is not the same as banking. Almost all such arguments that banks are failing customers appear rooted in the observation that some customers (ie. millennials*) either don’t like dealing with, or don’t think their banks doing enough to keep them happy. While there may be some truth in this, the way we experience Banking is usually through our cards, accounts, ‘wallets’ or devices . Like the mobile phones we use to pay for Read more…

Changing demographics, education and wealth distribution, fed in recent years by the dramatic fall in the costs of technology, and stellar advances in Mobile & Digital Innovation and Globalisation, appears to have awakened new interest from major banking players to the opportunities in new and fast-growth markets, recently suggested by new Solveworx research, and reports that banks like Commonwealth Bank of Australia, are actively looking at opportunities to extend and deepen banking services, beyond traditional mass affluent segments in the fastest-growing regions of Africa and Asia The paradox facing many banks keen to enter that segment, is that while the opportunity looks impressive on paper, when it comes to weighing up the economic business case, it appears that creative math seldom really makes the case stack up. Why is that? Well, at first glance, the answer appears fairly straightforward. Conventional retail banking thinking says the retail banking business is (mostly) Read more…

CARDS AND PAYMENTS MASTERCLASS

The Cards & Payments Industry professional Course is designed to help you understand the dramatic way in which product and payment services have changed

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