Angelo Labrooy(MBA,RIA,SLICM)’s Post

📈💼 Granting Access to Real-Time Gross Settlement Systems for Nonbank Payment Service Providers: Implications for Fast Payments*📊💳 The recent discourse surrounding the granting of access to Real-Time Gross Settlement (RTGS) systems for Nonbank Payment Service Providers (PSPs) is poised to reshape the dynamics of fast payments.. The integration of Nonbank PSPs into RTGS systems represents a significant paradigm shift, fostering increased competition and innovation within the payments ecosystem. This move not only facilitates greater inclusivity but also underscores the imperative of agility and adaptability in an era defined by digital transformation. With access to RTGS systems, Nonbank PSPs are poised to leverage real-time settlement capabilities, enabling faster and more efficient payment processing. This not only enhances the customer experience but also augments operational efficiency for businesses, ultimately driving economic growth and fostering financial inclusion. However, amidst the opportunities lie inherent challenges and considerations. Regulatory oversight, risk management frameworks, and cybersecurity protocols must be robustly reinforced to mitigate potential systemic risks and safeguard financial stability. Moreover, ensuring a level playing field and preserving market integrity necessitate a delicate balancing act between innovation and regulation. #Finance #Payments #RTGS #FinancialInclusion #Innovation #Regulation #FinancialServices #FastPayments #DigitalTransformation

Ensure Your Financial Future with EQIBank: Your Partner in Banking Safety and Stability 🛡️ When it comes to your finances, safety and stability are paramount. At EQIBank, safeguarding your money isn’t just a priority—it’s our mission. Imagine a banking experience where you never have to worry about the security of your hard-earned money. With EQIBank, that peace of mind is a reality. Our unparalleled commitment to financial security is reflected in our industry-leading metrics, setting us apart as a beacon of stability in the banking sector: ✅ >80% Capital Adequacy Ratio: ✅ 0% Texas Ratio ✅ 0% Credit-Deposit Ratio ✅ 0% Gross and Net NPA ✅ Infinite Provisioning Coverage Ratio Choose EQIBank and rest easy knowing your finances are in safe hands. Let us provide you with the security you need to focus on reaching your financial goals without worry. #EQIBank #bankingsector #corporatebank #financialsecurity #globalbanking

Curious about how #AML works and why it’s crucial for secure transactions? 🔍💳 Dive into our latest Scam Safety blog and discover the measures Intercash takes to protect your company's financial integrity. 🛡️🔒 https://lnkd.in/diZ9zctA #Intercash #AntiMoneyLaundering #AMLCompliance #SecureTransactions #FintechInnovation

We know that 𝐏𝐒𝐃𝟑 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧 wants to bring the payments sector into the digital age. But what are its main features? 👇 🧑⚖️Combat and mitigate payment fraud by showing interest in making IBANs with their account names mandatory for all credit transfers. 🧑⚖️ Improve consumers' rights by improving transparency in their account statements and providing information on ATM charges. 🧑⚖️ Continue to level the playing field between banks and non-banks. 🧑⚖️ Improve the functioning of open banking. 🧑⚖️ Improve the availability of cash in stores and through ATMs. What is your opinion about this new regulation? We read you in the comments! 🤳 🔗 https://n9.cl/bs60n

Here are some tips to avoid falling into the fraudster’s trap. Stay Smart. Stay Safe. Visit https://bit.ly/3TePA0S to know more. #CyberJaagrooktaDiwas #SafeBanking #RahoCyberSafe #ApnoKaBank #RBLBank

If you are a business owner or a corporate customer of Guaranty Trust Bank (GTBank), you might have heard of GAPS GTB Login. But what is it and how can you use it to manage your finances online? In this article, we will explain everything you need to know about GAPS GTB Login, how to access GTBank Automated Payment System (GAPS) #Bank #guarantytrustbank #howto

Here are some tips to avoid falling into the fraudster’s trap. Stay Smart. Stay Safe. Visit https://bit.ly/3Y47jec to know more. #CyberJaagrooktaDiwas #SafeBanking #RahoCyberSafe #ApnoKaBank #RBLBank

"Unlock the Benefits of AEPS! 🌟💳 Experience seamless transactions and financial empowerment with Aadhaar Enabled Payment System. Here are some key advantages: Financial Inclusion: Reach the unbanked and underbanked population, making financial services accessible to all. Cash Withdrawals & Deposits: Conduct hassle-free cash withdrawals and deposits using Aadhaar authentication. 24/7 Accessibility: Enjoy round-the-clock banking services, providing convenience at your fingertips. Secure Transactions: Benefit from the robust security features of Aadhaar authentication, ensuring safe and reliable transactions. Instant Fund Transfers: Facilitate real-time fund transfers, making transactions quick and efficient. Explore the world of AEPS and revolutionize your financial transactions! 💳🚀 #AEPS #FinancialInclusion #SecureTransactions"

🌐 Elevate Your Payment Solutions with BANKZ IBAN Accounts! 💳💼 Exciting News for Payment Service Providers (PSPs)! BANKZ is thrilled to offer seamless access to our IBAN accounts, bringing a new level of efficiency and flexibility to your payment services. Here's why you should consider this game-changing partnership: ✅ Effortless Transactions: Streamline your payment processes with BANKZ IBANs, ensuring faster and more efficient transactions for your clients. 🌍 Global Reach: Expand your service capabilities globally by leveraging BANKZ international banking network. 🛡️ Security & Compliance: Rest easy knowing that BANKZ IBAN accounts adhere to the highest security standards and comply with regulatory requirements. 🚀 Enhanced Customer Experience: Offer your clients the convenience of diverse currency options, improving overall customer satisfaction and loyalty. 💻 Seamless Integration: Integrate BANKZ IBAN accounts seamlessly into your platform, enhancing your offering without disruptions. Ready to revolutionize your payment solutions? Explore the advantages of integrating BANKZ IBAN accounts into your PSP services! 💳💼 #PSPIntegration #BankingSolutions #FintechInnovation

From October 7, 2024, brace yourself for a revolution in financial security led by the UK's Payment Services Regulator. Tougher measures will be implemented to combat scams and provide enhanced protection for victims. Feeling unprepared? Join us at the MoneyLIVE where Rob Woods will be discussing: 🔍 The current state of App Fraud. 🔄 Adapting to PSR's reimbursement rules. 🔒 Enhanced SCA under PSD3: to what extent will this help stem the tide of payments fraud? 🤝 The power of cross-industry collaboration to prevent APP Fraud. 📚 Better customer education strategies: How can banks better inform customers of fraud risks? Don't wait until it's too late. Register now and stay ahead of the game: https://lnkd.in/ekXCNEFJ #MLSummit24 #FinancialCrime #FraudPrevention