Loud and Queer: A look inside Tillo’s LGBTQIA+ initiative
In the last seven years, Tillo has grown from a start-up with a handful of employees to a multi-national company employing nearly one hundred individuals across three continents.
In the last seven years, Tillo has grown from a start-up with a handful of employees to a multi-national company employing nearly one hundred individuals across three continents.
Latest data shows that the regulator’s authorisation of payments and e-money firms is lagging so far behind, it’s rated red against statutory targets.
Russel Fernandes, head of product for card present payments at Trust Payments shares his 11 tips to make sure companies get the most out of their point-of-sale (POS) systems.
Global M&A in the payments sector is improving after the 2021 slump, according to Jonathan Tyce, director of research and investment at AlphaOneSolutions and ex-Bloomberg intelligence senior financial analyst. Apple, JPMorgan, PayPal and other big players are out looking for their next venture.
Senior executives at payment firms told The Payments Association that the lack of clear regulatory guidance on open finance means they are struggling to balance the risk of uncertainty with the potential for innovation.
Representatives from the FCA shared the next steps in regulating crypto assets, secondary legislation and what help it is seeking from industry in a closed-door event with The Payments Association’s members.
Key industry stakeholders discuss the challenges, opportunities, and future of digital assets in the UK, at an event hosted by Ripple and The Payments Association.
Stripe and Klarna are among the first in payments to implement the use of ChatGPT in their products and services.
Transferring data from legacy systems is one of the biggest challenges payment firms are facing as part of the transition to ISO 20022. Companies need to manage the risk of data truncation carefully or face asking customers for their data again.
Tyler Pathe speaks to Crown Agents Bank on why the industry should integrate ESG into top-level decision-making and businesses that don’t will find the price is getting higher.
Anjana Haines speaks to HSBC’s UK CEO Ian Stuart on the concerns around the SVB acquisitions and what’s next for the banking giant.
As the cost-of-living crisis takes its toll, more vulnerable groups are at risk of not receiving the support and help they need to access financial services.
High levels of data and machine learning are key if financial institutions want to tackle the sophisticated nature of payment scams.
In a challenging economic climate, businesses must adapt and innovate to keep up with consumer needs and preferences.
The Payments Association’s Project Regulator has created a five-step checklist for firms that have fallen behind on preparing for the new rules.
Financial exclusion in the older population continues to rise and businesses must work together to find solutions that can help this group transition as payments become more digital.
The payments sector has the knowledge and expertise to make open finance a frictionless process that helps customers improve their financial health.
While those hit hardest by the cost-of-living crisis could benefit from using open banking, Stuart Wakefield questions whether the payments sector should be doing more to help.
The Payment Association’s Project Cross-border hosted a forum in partnership with EPA Asia and IIF to explore the challenges a CBDC could pose and what technology could do to disrupt international transactions.
As buy now, pay later becomes increasingly popular in a recession, the payment method could either give consumers a safe refuge to weather the storm or uncontrolled levels of debt.
Hiding behind technology enables fraudsters to use emotive language to target their victims, so industry experts examine how can people identify the red flags.
With consumer spending likely to fall over the next two years, the payments sector must be innovative to grow and serve the most financially vulnerable groups.
From chips embedded into consumers hands to make contactless payments to biometric wearable devices, and digital currencies versus a cashless society, The Payments Association speaks to industry experts to find out the key themes likely to dominate the industry over the next decade.
Many firms still haven’t had the opportunity to drill down on the implications that the Consumer Duty has on their business. A recent webinar outlines the key steps to take.
Santander is calling for more to be done to combat fraud because the PSR’s mandatory reimbursement plans for APP scam victims will be an unsustainable cost for banks and schemes.
Virtual cards used for B2B transactions can offer tailored payment solutions for customers, while suppliers could gain instant payments and enhanced data, according to several firms using the payment method for B2B transactions.
Payment firms should be prepared for a higher cost of compliance when the Financial Services and Market Bill enters into force in 2023.
Payments firms have the potential to unlock transaction data to infer a lot about global ESG impacts and drive real change across environmental, social and governance goals. Carbon accountability is coming and companies need to choose a strategy.
Open Banking is predicted to grow to 304 million users by 2026. Merchants, payment service providers (PSPs) and consumers will all benefit from the lower fees, immediacy and increased convenience that Open Banking offers.
The PSR is seeking views on proposals to increase the protections against APP scams, create quicker and mandatory reimbursements and put greater pressure on banks and building societies to tackle APP fraud. The Payments Association will be responding.
The Payments Association asked Kate Fitzgerald, head of policy at the Payment Systems Regulator, about her work and what she will be discussing at the Financial Crime 360 conference.
The use of cryptocurrencies, stablecoins and biometrics may solve some of the barriers to quick and safe cross-border payments.
In the coming months, Project Financial Crime members expect criminals to become quicker at exploiting the government’s cost of living schemes to help the vulnerable.
Representatives from companies such as Starling Bank, American Express, Nationwide, Visa, Mastercard, Bottomline, Clearscore, Vyne, Pennies, Tink, Eversheds Sunderland, Baker Botts and many more came together to discuss the future open banking model.
Rather than building a single global rulebook for payments, regional rulebooks are the better approach in the medium term, according to industry participants.
The G20’s payments programme is moving into the practical phase of its plans to improve cross-border payments. Where does it fall short?
As more organisations move to a cloud-based payments platform, the decision on whether to opt for a private or public cloud will depend on what is most cost effective for a firm.
The payments industry is in a unique position to develop solutions that can help retailers and customers with the cost of living crisis.
Companies wanting to expand into Africa should look at how neo-bank Kuda and mobile payments platform OPay have successfully penetrated the Nigerian market and overcome regulatory hurdles.
As consumer concerns rise about their finances, essential and non-essential spending, and managing their outgoings, the payments industry can create solutions that include clearer communication, personalisation, and transparency, especially around credit terms.
ISO 20022 is becoming the new global language for payments and cash management messaging. Paul Olukoya, managing director of payments, cyber and data at Grant Thornton UK LLP, offers his tips to overcome the implementation challenges that firms are facing.
Companies such as Monzo, Starling, Revolut and Curve worked with Mastercard to scale their businesses. How are fintechs winning market share by working with the global technology company?
With more financial decisions now in consumers’ hands, the changing digital landscape and the global economic crisis we are facing it is the time for us to set a higher
Last month, our Project Regulator team spoke to the FCA about its new Consumer Duty. With only 6 months to implement the principle into business plans, what does this mean
Whether it’s the speed of a seamless one-click checkout process for a business travel booking, effortless automated reconciliation and record matching, or the security of setting spending controls to stop
The value of cross-border payments globally is estimated to increase from almost $150 trillion in 2017 to over $250 trillion by 2027. Cross-border payments sit at the heart of international
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