The digital payments landscape is rapidly transforming, driven by technological advancements and changing consumer preferences. Electronic money institutions (EMIs) facilitate secure and efficient digital transactions, enabling businesses and consumers to
As the CEO and founder of Sibstar, I am immensely proud to share our journey and the impactful work we’re doing to support people living with dementia. I recently had
Unlimit partners with Convera to simplify cross-border tuition payments for students in emerging markets, starting with Brazil using the PIX payment system.
The payments space is facing a surge in online fraud, with almost 90% of business leaders reporting that online fraud is costing them up to 9% of their annual revenue
Edenred Payment Solutions has appointed Rehana Mitha as its new managing director to enhance offerings and strategic partnerships in the UK and Europe.
Confirmation of Payee (CoP), a relatively new service in the UK banking landscape, has emerged as a powerful weapon in the fight against fraud. By verifying the name on a
Unlimit and DEUNA have partnered to enhance cross-border payments for enterprises in Latin America and beyond, aiming to improve approval rates, reduce costs, and lower fraud risks.
Ayruu has partnered with Edenred Payment Solutions to use virtual cards for streamlined B2B payments across France and Europe, enhancing payment efficiency, security, and cash flow management
TerraPay and Multipass have partnered to enhance cross-border payment solutions for corporate customers, improving efficiency and cost optimisation
TerraPay and Al Ansari Exchange have partnered to enhance their remittance services by integrating TerraPay’s payment solutions with Al Ansari’s network.
The UK and EU are set to implement Confirmation of Payee (CoP) and Verification of Payee (VoP) by 2025 to enhance payment security by verifying account details to reduce fraud and errors.
Veriff’s 2024 Fraud Index highlights that nearly half of consumers encountered payment fraud last year, underscoring the critical need for enhanced biometric security in online payments.
Chat GPT, nearing 200 million users, powers transformative tools like Gemini to enhance mundane tasks and overall efficiency in various industries, including fintech
Payall has partnered with Latvian regtech leader Huntli to enhance fraud prevention and transaction monitoring for a broad spectrum of financial institutions, bolstering capabilities in fraud and risk mitigation.
ComplyAdvantage acquires Golden to enhance its AI-driven financial crime risk management solutions with advanced data integration capabilities
Open banking is helping to revolutionise financial services access via APIs, enabling secure data sharing and fostering innovation in the banking industry
Instant payments are rapidly transforming the transaction landscape, supported by a global increase in payment rails and advanced services, despite facing challenges from fraud and regulatory demands.
We’d like to invite fellow Payments Association members to join BVNK and guests including Chainalysis, FIS, Worldpay and more on 22 May for Currency LDN, as we look at how
Globally, B2B travel transaction volumes are projected to reach $1.7 trillion by 2027 with the APAC (Asia Pacific) region in the lead as the fastest-growing market expected to reach $480
Swift’s recent collaborative experiments with 38 global institutions demonstrated new use cases for its CBDC interlinking solution across digital trade, securities and foreign exchange.
VE3 has been selected as a key supplier for the Payment Acceptance 2 Agreement by Crown Commercial Services for the provision of payment consultancy services.
Thames Technology has announced a strategic partnership with Ellipse to offer dynamic security code technology Thames Technology, a provider of payment solutions, has announced a strategic partnership with Ellipse World,
ProID and Monet+’s free virtual conference will delve into the evolving landscape of digitalisation in critical sectors, focusing on the impact of new EU eIDAS 2.0 regulations on digital identity and electronic signatures.
As the crypto market continues to innovate and grow, governments and regulators around the world are struggling to keep pace. The constantly shifting policy and regulatory landscape is also challenging
With less than five months to go before the first set of Consumer Duty annual board reports must, at the latest, be presented to managing bodies, work is, or should
American Express has launched ‘Plan It’ – a new offering for the UK market that allows credit Cardmembers to pay off purchases on their statement, or a portion of their monthly bill, in instalments.
In its recent annual briefing on financial services regulation and enforcement for 2024, Baker McKenzie details the anticipated developments and enforcement trends within the sector. Titled “What does 2024 hold?
TerraPay, a company specialising in global cross-border payments, has recently been granted a Major Payment Institution (MPI) License by the Monetary Authority of Singapore (MAS). This development is part of
Launched in 2020, IPF is a low-code payment framework that aims to empower business payment experts to create industry-leading workflows and enable software engineering teams to quickly extend and create
Recent findings by PwC reveal that in the past two years, over half of all businesses have faced incidents of fraud, corruption, and other economic crimes. Additionally, 49% of CEOs
Businesses using open banking report spending 150 hours less on operational tasks each year versus non-users1 Open banking users save on payment processing fees annually, versus businesses using other payment
There isn’t much Head of Partnerships Wiliam Boocock doesn’t know about Starling Business Services (SBS). He’s been involved since 2017 and has supported growth both in SBS and across Starling
In a landmark achievement, Tillo, the award-winning rewards and incentives platform and gift card API, is proud to announce its certification in Customer Service Excellence, a testament to its unwavering
The founders of PAYSTRAX have decades of experience in the payments industry. In the past, they worked with internal software development teams who spent most of their time keeping up
London, UK, 23 January 2024 – Ozone API, the open banking API platform founded by the team that designed open banking in the UK, today announced that it has raised
The upcoming arrival of the Digital Operational Resilience Act (DORA) on 17 January 2025 will end the fragmentation of legal obligations for ICT processes and security. By then, financial entities
London, UK. 11th January 2024: Edenred Payment Solutions, an Edenred company and one of Europe’s market-leading payments service provider, has been selected by UK e-money provider, thinkmoney, to upgrade its card
Thames Technology, one of Europe’s leading card manufacturers, has experienced substantial business growth in recent months and is pleased to announce a strategic recruitment drive across various departments to support
27% of UK SMEs are owed between £5,000 and £20,000 in unpaid invoices Over half (55%) of SMEs say that late payments have increased over the course of 2023 31%
Cellbunq, a leading platform provider for B2B and B2C onboarding, is announcing its latest feature to its compliance platform; a merchant onboarding system that can be completed in less than
The financial sector has long been a bastion of stability and reliability. However, where technology evolves at a breakneck pace, the financial sector stands at a critical juncture. In light
The advent of instant payment systems, a reflection of our increasing reliance on digital immediacy, has unfortunately opened the gates to various forms of financial deceptions. Over 77% of all
Key Takeaways Phase 1 — Regulation of fiat-backed stablecoins The issuance and custody of fiat-backed stablecoins in or from the UK will be subject to regulatory authorisation requirements under
Our new report, Commercial payments, reinvented, combines input from 211 banks and payments providers with a survey of 223 commercial payments clients from retail, auto and industrial, insurance, travel and rail, telecom and health and public service to explore where expectations and perceptions overlap — and where they diverge. It captures the state of play for today’s commercial payments market and maps its future trajectory.
As part of yesterday’s 2023 Autumn Statement, the Future of Payments Review was published. Commissioned by HM Treasury and led by Joe Garner, the review provides a number of recommendations on the
PayAlly has been recognised as the 19th fastest-growing business in London. This is part of the Fast Growth 50 index for 2023, which identifies the fifty fastest-growing companies across six
Thames Technology, one of Europe’s leading card manufacturers, has partnered with IDEX Biometrics, a leading provider of fingerprint identification technology, to accelerate the commercialisation at scale of biometric payment cards.
Introduction: Getting noticed in the competitive world of fintech can be tough. But you probably have at least one unique asset that you are not making the most of –
