News & Insights

2 results found

Publication |

Blog

Decentralised finance paves the way towards a more democratic financial system

Around a decade ago, the global Decentralised Finance (DeFi) movement started to develop financial applications that no longer required traditional central financial intermediaries such as banks and exchanges. The DeFi movement is based on the disrupting perspective that existing financial products and services can be recreated, utilisin...

Publication |

News

A special YouTube broadcast by De Nieuwe Wereld/INNOPAY on cryptocurrencies

The current financial system will undergo fundamental change over the coming dec...

Publication |

Video

Will Bitcoin become the cornerstone of a new financial system?

The current financial system will undergo fundamental change over the coming decade. According to the members of the research panel set up by De Nieuwe Wereld and consultancy firm INNOPAY, there is no doubt that cryptocurrencies will contribute to a more stable monetary system. In a special broadcast of De Nieuwe Wereld’s YouTube channel,...

Publication |

News

Payments trends are the driving force behind the relationship between retailer and customer

The relationship between a retailer and its customer is driven by three importan...

Publication |

Blog

Securing future relevance in the changing financial system: three strategic stablecoins considerations for banks

Widely regarded as the more respectable face of crypto, stablecoins are poised to become an integral part of the financial system’s future. With their ability to stabilise prices and in conjunction with harmonised regulations, stablecoins hold the promise of improving access to financial services. During EBAday 2020 in November, Josje Fio...

Publication |

Blog

Top 3 think outside-the-box ideas emerging from Central Bank Digital Currencies

Over the last five years, most payment innovations have focused on improving cus...

Publication |

Blog

Central Bank Digital Currencies: Today’s buzzword, or time to get ready?

A much-discussed (and much-hyped) topic among central banks is the issuing of currency in a digitalised form: a Central Bank Digital Currency (CBDC). It is claimed that CBDCs could have a significant impact on the payment infrastructure and ecosystem because they could change the rules of the game. However, the various existing CBDC imple...

Publication |

Blog

EPI: Paving the way for future bank relevance, and not just through payments

Sixteen major Eurozone banks have come together in the European Payments Initiative (EPI) to launch a new payment system aimed at taking on rival card schemes and the threat posed by Chinese and US big-tech firms. Although previous pan-European collaboration projects (e.g. Monnet, Eaps, Payfair) have not been perceived as a great success,...

Publication |

News

New UBO register enables fast and compliant client onboarding

With the approval of the Dutch Senate, the law for registration of Ultimate Beneficiary Owners (UBOs) came into effect on 23 June 2020. Under the law, a UBO is defined as a person who controls at least a 25% stake in a company and whose registration is a requirement for financial service providers under the anti-money laundering directive...

Publication |

News

Dutch Wwft now amended in line with EU’s AMLD5

The EU’s fifth Anti Money Laundering Directive (AMLD5) urged the adjustment of the implementation rules of the Wwft (the Dutch Prevention of Money Laundering and Terrorist Financing Act)[1]. In this context, the Wwft has been amended accordingly. The new legislation has come into effect in the Netherlands on 21 May this year.As highlighte...