The current international payments market is hugely fragmented, with multiple networks and mechanisms operating independently of each other and it is clear that new market entrants have the opportunity to shape and define the future of this industry, writes John Sharman
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Four out of five banks believe they will have to replace their core banking system in the next three to five years, with nearly 90% in favour of including SaaS or cloud based services
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Citigroup’s Wall Street operations took the bank to the brink seven years ago. But now, in a little-noticed revival, Citigroup’s traders and investment bankers have come roaring back.
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