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Legacy vs cloud: The financial sector’s technology dilemma
Technology, in any industry rarely fails to make its impact and improve nearly all aspects of the sector. Cloud-based banking is no different.
Technology, in any industry rarely fails to make its impact and improve nearly all aspects of the sector. Cloud-based banking is no different.
The Payment Systems Regulator (PSR) has published its inaugural APP Scams Performance Report, which presents data from the year 2022. This report aims to provide transparency on the state of
As retail open banking continues to grow, mechanisms should be put in place to balance innovative products for consumers while ensuring adequate fraud protection.
Due to a dwindling economy, higher inflation and a cash-starved population, retailers are facing a tough battle from the standpoint of acquiring new customers or retaining the existing ones. Adding
This addition to the Nucleus365 platform unlocks global payments with over 92 licences supporting operations in 30 different currencies, enabling merchants across the globe to make and receive payments in
Projective Group, a leading Financial Services change specialist, has today announced it has partnered with The Payments Association, an international payments community that aims to drive collaboration and innovation within
Can FI’s look beyond transaction data to uncover the true picture of risk? ComplyAdvantage’s research revealed that payment screening teams continue to grapple with siloed data sets and disparate systems. And yet, as the financial crime landscape grows more complex, the need to connect fragmented data sets to understand the global networks behind financial crime has never been more important. ComplyAdvantage’s Iain Armstrong give his top tips for integration success in payment screening.
The financial industry is experiencing a seismic shift, fueled by the advent of artificial intelligence (AI) and open banking. Far from being isolated phenomena, these two revolutionary forces are converging to redefine the very fabric
ARYZE, the leading Web3 financial technology company, announced the launch of reForge, a function built-in to the Digital Cash suite of stablecoins. reForge supports seamless multi-currency conversions, making it easier
Asia is the largest and most populous continent in the world, home to more than 60% of the global population – some 4.56 billion people. This vast region spans over
The flagship store of luxury pharmacy John Bell & Croyden is transforming shopper experiences with the installation of new checkout & inventory management technology from Trust Retail, part of the Trust
Trust Retail, part of the Trust Payments Group and one of the UK’s leading EPOS suppliers has teamed up with the fastest-growing home delivery app serving convenience stores, Snappy Shopper,
The Payments Association is pleased with the declaration released from the recent summit on artificial intelligence (AI) at Bletchley Park, which saw global leaders, tech executives, and academics address the challenges and advancements of the technology.
With over 50 leading brands including Aldi, Asda, Ikea, Primark, Amazon and Currys, HyperJar’s innovative service offers up to 15% cashback Alex Preece, CEO and founder of Tillo, and Nicola
In this webinar, Bottomline, HSBC and Swift will discuss the current status of the ISO 20022 migration and what Banks and FIs should focus on to ensure operational efficiency and
The Payment Systems Regulator (PSR) has published its report detailing the latest data on the pressing issue of APP fraud scams.
Sumsub, a full-cycle verification platform, releases its ‘State of Verification and Monitoring in the Crypto Industry 2023’ report. Polina Uzhva, partner marketing manager, Sumsub, provides a summary, focusing on the regulations and verification practices for crypto companies, with highlights from verification performance and identity fraud statistics.
In a digital age where immediacy in payments is crucial, understanding the challenges and opportunities in real-time systems is paramount. As industry leaders, we’ve compiled a comprehensive white paper to
Eduardo Martínez of Toqio outlines why embedded finance has become an essential component of developing systems and providing customer satisfaction.
Sumsub, a full-cycle verification platform, today releases its “State of Verification and Monitoring in the Crypto Industry 2023” report. The findings focus on the regulations and verification practices for crypto
Confirmation of Payee (CoP), initiated in 2017 and launched in 2020, has proven to be an effective tool against Authorised Push Payment (APP) Fraud in the UK. CoP is a
Headline: Too legit to quit: Crypto is going mainstream, whether we like it or not By Dima Kats, Founder and CEO, Clear Junction For thousands of years, any financial transaction
Join Head of Market Insights Steve Dooley as he shares a taste of the 2024 edition of Convera’s annual flagship report to help businesses navigate what promises to be yet
From high inflation to rising interest rates and geopolitical uncertainty, the global trade landscape is as complex as ever. As 2024 approaches, how can your business stay ahead of new
American Express releases new research revealing that UK businesses are investing in modernising their payment systems to boost efficiency and protection against fraudulent activity. The new study surveyed financial leaders
The partnership enables streamlined payment processes across multiple European destinations, with a focus on delivering convenient and efficient payment solutions to travellers. The global open banking provider Noda has joined
Richard Dunlop of fscom summarises the major points of the 2023 Financial Crime Compliance Report and highlights key issues in anti-money laundering strategies that have been identified.
Jonathan Tyce speaks to Nexi’s Tommaso Jacopo Ulissi on how the paytech firm is driving innovation in the sector and what this could mean for the use of digital currencies.
With big tech entering the banking space, payment firms need to be at the forefront of changing the ‘software sabotage’ culture to ensure consumers and those in the supply are protected as well as reducing e-waste.
Open banking can address customer pain points from bill paying to shop checkouts, but consumers need reassurance to use it with confidence, says Holly Coventry, vice president, international open banking payments at American Express.
UK regulators are prioritising APP scam prevention after £480 million in customer losses in 2022, proposing new PSR rules for stricter fraud warnings and reimbursements, especially protecting vulnerable customers and small businesses
We are excited to launch our Local Payouts – Think Global, Pay Local solution: – Available in 132 countries in 80 currencies. – Facilitated by 235+ verified partners across 4
Ubiquity has announced the publication of a whitepaper aimed at helping European fintech scaleups leverage outsourcing to adapt to fast-changing market conditions. With Europe’s fintech industry experiencing profound transformation over
Since the introduction of Pix, Brazil’s instant payment system, the country has become a powerhouse for digital payments.
Daniel Holden explains the meaning and significance of unified commerce and why it is vital to the customer experience.
Nikulipe has unveiled a strategic collaboration with Aircash, a dominant digital wallet provider in Central and South-Eastern Europe. Within this partnership, Nikulipe will offer Aircash additional top-up options for the
Join our Financial Services Regulatory Group experts on Tuesday, 3 October 2023 as they discuss recent developments about the Mansion House Reforms presented by the Chancellor in July 2023 and what
In an ever-evolving digital landscape, where online banking and digital payment methods are on the rise, it’s crucial to remember that not everyone has fully embraced this shift. At allpay
Open Banking is not just a trend but a transformative force, driving a sea change in how consumers and businesses interact with financial services. Central to this transformation are Application
Smartphones have sparked a demand for digital financial services (DFS), particularly among millennials. With 6.92 billion smartphone users worldwide, the number doubled in less than a decade. The COVID-19 pandemic
We are thrilled to announce that Craig Luther has joined Dialect Communications as Head of Sales, another significant milestone for our company as we further expand our team. With over
eCOM Tokenizer of G+D and Netcetera to secure online shoppers’ privacy and boost e-commerce businesses. Tuesday, 26 September – GPE (Global Payment Europe) and the e-commerce payment expert, Netcetera, are
NatWest’s open banking payment platform Payit has introduced a new way for businesses to make a payment without needing the recipient’s account details, by sending a secure, single-use payment link.
Nium, the leader in real-time global payments, has opened a new European headquarters in London to accelerate business expansion across Europe and affirm its commitment to the UK as a
Blankfactor, a leading provider of IT services for payments, has announced the appointment of Petru Metzger as President, Global Head of Payments. Petru brings a wealth of experience in the
More and more and more legacy financial institutions are turning to fintechs and digital-first financial services providers as partners in the race to provide a better customer experience. 🚀Discover how
Learn what “higher rates for longer” may mean for FX markets as central bankers continue the fight to tame inflation. Read full report here: https://convera.com/blog/foreign-exchange/september-outlook-central-banks-stay-vigilant-as-global-growth-slows/?utm_source=TPA&utm_medium=Email&utm_campaign=2023-Smart+Money+Moves-1to1+Meetings+UK-Live-Events-TPA-MKTG&utm_term=TPA-GCO-Sep&utm_content=7016R000001ROcvQAG
Eduard Stringer, director of product management for Europe at FIS, explains why he believes the EU needs to step up and ensure regulation supports the needs of payments businesses and consumers.
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