Visa and Conferma Pay announced a strategic partnership to launch Visa Commercial Pay, a suite of B2B payment solutions, to help improve cashflow for businesses and eliminate outdated manual processes.
Miroslava Betinova, Head of Strategic Sales at PPS, discusses the trends we’ll see in the fintech industry this 2021.
An interview with Kani CEO Aaron Holmes
EML CEO Relishes Marching To The Beat Of A Different Drum in 2021.
The rise in cloud-based technology has paved the way for a whole new industry, fondly known as Software as a Service (SaaS). This global industry has resulted in a number of small businesses ‘accidentally’ importing goods from abroad, which can result in hidden foreign exchange costs.
A gift card isn’t just for Christmas, it’s handy for a crisis too: reflecting on the small things making a huge difference
The future of global commerce could be a cashless society, many experts predict, and that puts the burden on financial institutions to make sure their customers’ data is secure and protected.
As digital banking rises to replace the more traditional industry, one phenomenon has arisen hand-in-hand with it and that is the use of biometric technologies.
The rise of digital banking has taken the traditional financial sector by surprise and for many good reasons. From pioneering the art of customer service online to using artificial intelligence to handle many of their operational tasks, digital banking is not just a glimpse of the future of finance. It is a peek into the future of the world of business itself.
The fast-changing world of digital business is one in which staying ahead of the competition is often as much about thinking outside of the box as it is anything else.
But that’s much harder than it might seem at first glance, especially for firms in highly-competitive environments.
The COVID-19 pandemic is nothing less than an inflection point for the global economy. From this point on, people will discuss business in terms of pre-COVID-19 and post-pandemic, and for good reason.
The global pandemic has initiated changes in the global supply chain that were slowly developing before but that are now becoming more prominent features of the landscape. Not only are companies pulling resources in towards the home base, but also they are recentering their businesses for the digital landscape.
Judopay has launched its integrated payments offering, JudoAccept, that will help SMEs maintain safety and social distancing measures at the checkout as highstreets reopen.
JudoAccept totally removes the need for interaction with any sort of payment terminal by allowing businesses to use smartphones and tablets to present the customer with a QR code that can be scanned by their devices at a distance.
Removing the need for costly payment terminals, integration resources and development time, JudoAccept also presents companies with a cost-effective alternative to usual payment methods as they operate in the current economic downturn. It can also be used can also create and send payment links for items such as takeaway food, taxi fares, invoices or utility bills.
Taxi Companies in Scandinavia Go Contactless and COVID-safe with HIPS Payment Group’s QR Payment Solution, a First for the European Market Solution supports current trend towards contactless payments HIPS launches
A discussion with Fintech Finance about Kani and Railsbank’s partnership – from automation and innovation to how partnerships are key to the fintech industry as a whole.
Elemental.io and Flash Labs Corporation—of Big Sun Holdings Group, Inc., and a member of Hyundai BS&C family of companies—today announced a strategic partnership and joint venture to advance software development, distribution and availability of consumer credit, using financial technologies in Latin America and Asian markets.
Payment Processing Platforms
At Consult Hyperion we spend a lot of our time looking into payments processing platforms for our clients. Over recent months we’ve delivered;
technical due diligence, assessing their capabilities
security and vulnerability analysis on networks and products
designed fundamental security architectures for new payments solutions
advised clients on the selection of payment platform solutions
and helped design new platforms or extended the capability of their existing platforms
The future of the FinTech industry might have more to do with a person’s individual biology than numbers and chips in the future, multiple reports indicate. Known as biometric technologies, this group of payments innovations remove the old pin systems and chips of old and replace them or augment them with fingerprint scanners and other biometric methods.
Another revolution is coming for the financial sector and this one could change the way that consumers and businesses conduct themselves forever.
– buguroo launches behavioral biometric 3D Secure solution
– The new 3D Secure offering
– The 3D Secure payment authentication system
Lockdown 2 – Ordo is the safe & free alternative to cash and cheques for the UK’s community of helpers….again
EML’s new FINLAB incubator has made its first investment in US FinTech disrupter Interchecks.
The Payments Association have decided to co-promote For Good Causes Christmas campaign. It’s a great opportunity to work together to make a difference. It gives: companies – a new way
The London based E-Money solution for global citizens Privat 3 Money (P3) has selected leading anti-money laundering and intelligent compliance software provider Napier, to integrate enhanced transaction monitoring into the core P3 platform.
EML’s New FINLAB Incubator Will Immediately Benefit Two Disruptive Tech Brands.
Two technology leaders join forces: Giesecke+Devrient invests in Netcetera
The COVID-19 pandemic has had a profound impact on all areas of society. The virulent nature of the disease has led to many changes in our daily lives and the payments industry has not been immune to the need for transformation.
With the financial pressures from COVID-19 still unclear for many, new research commissioned by payments provider, PayPoint, throws the spotlight on small adjustments landlords and lettings agencies could make to help tenants manage their finances during this uncertainty and beyond.
Michal Smida, the founder and CEO of Twisto was a guest on our podcast series Inside the Vacuum and had an exciting conversation with Marcel Klimo around building the next generation of financial services.
Sometimes a fintech company needs to build a new critical feature under time pressure, which can become a very stressful moment for the CTO and Head of Delivery. Thanks to their current development velocity and estimation of the work, they know there is no physical way to build that feature with the capacity they have available. Maybe if they push their developers to the brink of exhaustion, they might be able to do this. This shouldn’t be the way to achieve goals, but rather only to deal with emergencies.
Future-proof your bank with cloud-native tech
How Thought Machine is helping established banks to transform their core platforms
Why deploying your bank to the cloud is very different from using a cloud-native core banking engine
Explore the digital payment market and trending super apps in Southeast Asia with Brano Vargic from Home Credit Vietnam
Financial technology (fintech) has been visibly evolving in front of our eyes ever since banks went online. With an increasingly cashless society, apps and platforms have been created to help us better understand and manage our finances, while new banks have been created that offer us a slicker experience.
Payment security taken to a new level
A peek into Indian fintech market and effective solution for accepting payments.
This is the time that will define the thinkers, movers, and shakers who will shape the rest of this century.
Is the European Union going to be the first major global economy to embrace the digital economy advancements, all the benefits it brings forward, and all the digital banking solutions that are coming along the evolution of tech services? What will the EU Single Digital Market bring up on the business horizon?
The transition to an almost purely digital economy is speeding up with every passing year and that is in part due to the leaps and advances in technology that are changing the way we live and conduct business.
As more companies move their core operations online, the questions of data privacy and data security and how to handle them from an institutional standpoint as well become even more critical for successful business growth.
Few people have questioned whether e-commerce was the way of the future when it came to retail and shopping, but even fewer have asked what this brave new world will look like.
After all, as everyone moves online, other factors will play critical and distinguishing roles in determining who the winners and losers are from the e-commerce online future.
Netcetera is Mastercard’s exclusive 3-D Secure testing partner to help retailers and other businesses ensure they are ready to comply with PSD2. Mastercard and Netcetera, the market leader for 3DS and EMVCo associate, are supporting merchants to improve their transactions and conversion rates. This is the first time that merchants are able to run tests in their live online shops.
EML and Laybuy are working together on Buy Now Pay Later (BNPL).
COVID-19 continues to spread rapidly and the economic crisis escalates globally every day in the face of the pandemic. The humanitarian cost and stress on health systems and infrastructure induces fear and uncertainty, affecting lives and livelihoods on a daily basis. One area of great significance is the threat of illiquidity among partners and cashflow crises that damage or destroy once stable businesses. Cybertonica is building a new feature for Acquirers that predicts cash flow impacts and liquidity problems Merchants may face so that the payments operator can react appropriately, maybe vary conditions or seek to terminate a relationship if there is a risk of bankruptcy or fraud.
COVID-19 has a far-reaching effect on the global economy. It’s a fact. Companies are struggling to understand the full impact on businesses and how best to react to the new reality. ECommerce is one of the few areas currently showing signs of growth despite the overall economic breakdown.
60 per cent growth in the number of Barclaycard customers who have gradually returned to trading and taking payments last week, compared to the first full week of April 8
While many analysts could never have anticipated the impact of the novel coronavirus pandemic on the world economy, there is a general consensus about what firms can do now and moving forward to build resilience against future “black swan” events such as the one currently roiling world markets.
When it comes to the future of banking and finance, forward-thinking firms are exploring the benefits of digital innovations, such as virtual IBANs and digital banking services.
Be at the forefront of the digital revolution
By the time the world recovers from the aftermath of COVID-19, banking institutions would have seen a vast transformation in their systems, processes, and customer relationships. New future-ready, digital banking solutions will offer as secure, as easy, and as welcoming customer experiences as the brick-and-mortar ones provide. At Maveric, we help banks accelerate their transformation initiatives by integrating domain, UX design, technology, strategy, and execution. We have been enabling banks to achieve their customer satisfaction goals and accelerate their digitization journeys with modern technology solutions. A calculated and well-thought plan and collaboration with the right fintech solution providers will help get you ready for this dynamic and ever-evolving journey of going digital and help you to rise above such extreme situations, now as well as in the future.
Contis launches ‘Carer Banking’ – a new product allowing banks and fintechs to support their vulnerable customers continuing to shield due to Covid-19.
