The Big Winners Of Open Banking
Open Banking is taking the financial industry by storm, and the rising competition is driving the adoption of the technology by PSPs, merchants, fintechs, and consumers.
March 11, 2022
Open Banking is taking the financial industry by storm, and the rising competition is driving the adoption of the technology by PSPs, merchants, fintechs, and consumers.
Oriental Bank Plc., a new bank in Cambodia with a digital-first strategy, today announced that it has chosen global payment provider BPC to power its digital banking experiences.
Taking a Fintech that has proven its business model and turning it into a sustainable and profitable organization is a big challenge.
We’ve captured three of the most common challenges fintechs face and we’ve outlined how to avoid them.
Register to join our livestream, featuring a panel of experts from ING, Yuh and Illlimity to discuss digital transformation.
Codat is launching a new product for the payments sector. Join us to celebrate.
Where? Solstice, St. Paul’s Riverside, 2 Broken Wharf, London, EC4V 3DT
When? Monday, March 21, 5:30 PM – 7:30 PM GMT
Who? genuinely interesting people from across fintech and payments
Why? Meet and socialise with peers, enjoy delicious complimentary snacks and drinks at an excellent riverside venue, make good use of the evening before Pay360 Conference 2022, and find out more about Codat’s product direction and strategy from the people setting it
fscom’s Associate Director in Financial Crime, Fred McDowell discuses the first week of Sanctions and how firms should respond.
Ingenico has estimated that within the next five years, half of all new payment terminals will be based on the Android operating system. It’s an incredible rate of change, but what does it mean, and why is the payment industry moving at pace in this direction?
Download our White Paper for free (LINK : https://business.ingenico.com/Android_DEG_IBM_EN)
The B2B alternative finance provider Growth Lending has partnered with Currencycloud, the experts simplifying business in a multi-currency world. Clients will enjoy rapid access to funds, greater flexibility and access to leading FX solutions.
Benchmark your strategy against the global leaders in payments
VIXIO’s latest survey of 100+ payments executives has shown a big shift in priorities. Businesses are moving from firefighting to capturing and capitalising on new market growth.
Get your copy now to get unique insights on how they plan to accelerate market growth and identify new opportunities in 2022 whilst dealing with ever-evolving market threats.
DOWNLOAD: https://bit.ly/VIXIOPCOutlook
Mastering the most advanced information technologies to process disputed transactions, FIS has implemented its innovative dispute management CBK solution in major banks, processing and service centers, managing claims for over 100 million cards all around the world.
The ISO 20022 messaging format isn’t new. But it is on the cusp of what is arguably the most urgent and relevant period in its existence – as it becomes widely adopted in the payments industry.
Expect open banking to become a more global conversation in 2022. According to Bottomline General Manager and Director, Payments Ed Adshead-Grant, in the UK Open Banking will pick up increased adoption among businesses and consumer communities.
Blue Train Marketing’s latest article, written by Bethany Pegram-Mills, outlines the key benefits of event marketing and what attending events can do for your business.
Interview by Global and US publication, Green Sheet.
Holmes went on to say that Kani’s platform has reconciled more than €8 billion in processed payments volume while helping payment providers and fintechs organize data across multiple processor, card scheme and issuing relationships. It can be challenging to turn disparate data sources in varying formats and raw files into actionable reporting, he stated, adding that global privacy laws can also slow the process, and manual reports can take weeks to complete.
EML and Correos are thrilled to further their eco commitments in Spain by planting 15,000 trees with Mastercard.
Chargebacks911, a post transaction fraud platform, is working with Microsoft to launch a new fraud protection solution for financial institutions that identifies and combats fraud with the use of integrated data and adaptive artificial intelligence (AI) technology.
Join ECOM21 on April 8th 2022 to look into the future through the lens of expertise – insightful speeches and eye-opening workshops that will help your business achieve more.
In a big step for Tink in the Irish market, we’re joining forces with postal giant An Post to give its customers the power to better manage their money. With the An Post Money Manager app, users can keep track of their spending and set achievable savings goals.
EML’s loyalty proposition for gaming operators creates revenue.
Buy now, pay later (BNPL) programs
have risen in popularity thanks to the
ease of use, flexibility and mutual
benefits for consumers, merchants
and BNPL providers.
Now, the BNPL surge is also impacting
the credit market. See how much you
know about BNPL, and how you can
turn the current popularity into a strategic advantage.
Spotlight Report: The Paradigm Shift Towards Growth
Benchmark your strategy against the global leaders in payments
VIXIO’s latest survey of 100+ payments executives has shown a big shift in priorities. Businesses are moving from firefighting to capturing and capitalising on new market growth.
Get your copy now to get unique insights on how they plan to accelerate market growth and identify new opportunities in 2022 while dealing with the many market threats to their ambitions.
Download here: https://bit.ly/VIXIOPCOutlook
2021 was a rollercoaster of a year for eCommerce merchants. With consumers increasingly turning to digital platforms, businesses need to strengthen their fraud security measures in the wake of increasingly frequent fraudulent attacks. Learn what eCommerce fraud trends your business should keep in mind this year.
DiPocket, a leading Corporate Disbursements and Payment Solutions Provider, is improving customer access to Faster Payments through its new partnership with tech-first Payments Bank, Banking Circle. Utilising Banking Circle Virtual IBAN for both company and client fund accounts, DiPocket will provide its customers with access to Faster Payments and SWIFT, with improved systems availability to bypass the operational issues experienced with other partner banks. It will also be using Banking Circle for SEPA EUR payments.
An insight into Manifestos take on Customer Experience (CX), drawing upon best in class examples and highlighting the factors that make a successful customer centric business.
In computing, the ability to isolate processes and the resources those processes can access has been a remarkable feature, making software solutions more secure than they used to be. Of course, this concept of isolation is not new. It has been around for a while, with applications standing the test of time by providing continuous outstanding security benefits to users of computing devices. In this post, as a homage to such technology, we will discuss how virtualisation and sandboxes have provided sound isolation on computing devices.
Buy Now Pay Later (BNPL) is racing into 2022 firing on all cylinders, and according to Insider Intelligence, is expected to keep growing at pace and will reach $680 billion in transaction volume worldwide by 2025. The promise of impending regulation, and the need to balance oversight with consumer protection, will see the emergence of new innovative solutions and business models. As competition heats up and new players enter the market, banks will naturally get in on the action to protect their market share.
Let’s look at four trends that will disrupt the BNPL industry.
Fintech companies are often flush with talent, but it’s their business environments that ultimately dictate their success. You could have all the right pieces in place, but if they don’t mesh or they aren’t equipped to address adversity, it won’t matter. That’s because team resiliency is not inherent — it must be cultivated, starting from the top down.
Driven by the COVID-19 pandemic, the battle for talent is increasing for companies and organisations – forcing them to rethink their recruitment and retention strategies. In this session – the first of two webinars focused on ‘The Great Resignation’ – Banking Circle and industry experts discuss how recruitment is changing within the current landscape, whether the power really is shifting from employer to employee, and what financial services businesses should be doing to ensure that they attract the best talent.
Following Transact365’s recent entry into the Indian market, they are now expanding their coverage and able to provide payments solutions in Latin America. The move enables cross border and local e-commerce transactions through bank transfers and a large number of local payment methods.
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We are trying to promote our Cards Week on-demand content that we produce last December with experts such as Visa, TagNitecrest and Zumo and I was wondering if you could help us promote our landing page: https://landing.modulrfinance.com/cards-week-2022-mb
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The global fintech will enable full ecommerce payment transactions for the first time.
The EML powered CoinJar Card represents a defining moment for the U.K.’s crypto space.
EML releases record-breaking Interim Results.
Chargebacks911, the first global company fully dedicated to mitigating chargeback risk and eliminating chargeback fraud, today announces the appointment of financial services and sales expert, Robert Hoover who takes on the role of Vice President of Business Development, concentrating on Chargebacks911 strategic merchant accounts.
BCB Group, Europe’s leading provider of business accounts and trading services for the digital asset economy, today announced the launch of BCB Yield, a product that lets customers earn a return on both fiat or crypto funds.
Ethical bankers are one of the fastest growing financial tribes in the world, with some of the loudest voices. How do banks continue to innovate to meet customers evolving demands and also engage and attract the emerging financial consumer segment of ethical bankers?
Swiss neobank Entris Banking has selected US fintech Bottomline for its SaaS-based payments platform. Entris Banking acts as a transaction bank and payment hub to more than 40 small and mid-sized banks in Switzerland.
Full reserve stablecoins will revolutionise the stablecoin market. ARYZE Digital Cash is the closest thing to a CBDC without it being issued by a central bank. Learn more about how ARYZE is planning to revolutionise the entire payments industry, using their full-reserve stablecoin as a main component of this worldwide strategy.
The Ordo Open Banking payments platform already supports white label billing, paying by instalments, QR code PoS and eCommerce.
New for 2022 is Enhanced Account Verification and Variable Recurring Payments.
FLEETCOR UK today announces that it has made a follow on investment into Mina, the cloud-based digital software platform that simplifies home charging and payments management for commercial fleets with electric vehicles.
The exponential growth in e-commerce and the impact of the pandemic have fuelled the rise of ‘Buy Now Pay Later’ (BNPL), making it one of the biggest retail trends in 2021. This is set to continue in 2022, with new players entering the market and new partnerships and acquisitions being established.
BNPL has largely been driven by consumer appeal, easy availability and the promise of no interest and no fees – if payments are made on time. It is popular across all demographics for different reasons but has especially gained traction among millennials and Gen Z consumers as a means of financial empowerment. For consumers, it provides an easily accessible method of borrowing, instant gratification, a flexible returns policy and the ability to manage finances by spreading the cost of purchases over an agreed period.
This book provides an overview and practical examination of key areas of payments law and regulation in the EU and UK, as well as introductions to analogous legal regimes in the United States, Hong Kong, Singapore and sub-Saharan Africa. It is an important resource for lawyers and compliance officers in the payments sector. For more information go to https://www.e-elgar.com/shop/isbn/9781839107979
PAYMENT’S disruptor DigiDoe has won a place on a prestigious scale-up programme backed by the Major of London, which will help the London-based startup expand internationally. It comes as DigiDoe’s co-founders closed the second tranche in an initial institutional investment round with just under £1m in fresh funding. It gives the business a 12-month runway to develop its proprietary software, hire key personnel and expand in to Europe and the US.
Until recently, banks didn’t need to change, until the digital evolution unfolded and customers began to expect innovation and immediacy.
It’s natural for banks and fintechs to view one another as competitors. However, a partnership between these two types of entities unlocks immense benefits.
The global pandemic has caused an acceleration in the adoption of new payment methods such as BNPL and Crypto but to what extent depends on geographical region.
Crown Agents Bank: Transforming Cross-Border Payments through Digitalisation (Podcast)
Virtual IBAN and corporate account provider Monneo, has formally announced its partnership with Kantox, a global leader in currency management automation software. The partnership will give Monneo’s customers additional flexibility when managing outgoing payments.
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