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Mike Laven

CEO
Currencycloud
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Followed by John Sims, Martha Boyle and 5 others you follow

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CEO
Currencycloud
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Latest opinions

Mike Laven

Are we at another Herstatt risk moment in the global financial system?

In 1974, the Herstatt Bank in Germany collapsed after making a series of wrong moves on the foreign exchange markets, ending up with DM470 million in losses (worth the equivalent of nearly USD 1 billion today). This forced Herstatt into insolvency before it could settle accounts with counterparty banks, putting client funds at risk. The failure of...

01 July 2020 Banking Strategy, Digital and Transformation

Mike Laven

The second wave of fintech disruption: three trends shaping the future of payments

As many parents of adult children do, I recently offered to help my son manage his mortgage application. And, while I was of course delighted to see everything go through in the end, part of me wished I hadn’t got involved. The bank’s processes were ugly and cumbersome, with seemingly endless paperwork, various mobile portals and old-world ways of...

09 June 2020 Payments strategies 2015-2020-2030

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Mike's opinion archive

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