
Nominations for The PAY360 Awards 2023 are now open!
Be recognised as an industry leader at the most important payments awards – The PAY360 Awards. Nominations are now open for 2023 awards. You have until 17 February to submit your entry.
Be recognised as an industry leader at the most important payments awards – The PAY360 Awards. Nominations are now open for 2023 awards. You have until 17 February to submit your entry.
The Payments Association’s Project Regulator working group will continue to engage with the FCA in 2023 to ensure members can thrive in the UK payments market.
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.
Project Inclusion, led by Josh Berle of Mastercard, showcased the best fintechs offering sustainable and inclusive payments products in 2022 to energise the industry towards better practices. The team engaged
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.
When it comes to supporting customers through the cost of living crisis, it seems the payments sector has faded into the background and innovation has stalled. Project Inclusion intends to turn that around.
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?
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