UK e-commerce fraud continues to rise despite the widespread adoption of Strong Customer Authentication and increasingly sophisticated 3-D Secure (3DS) controls. While issuers and schemes have invested heavily in enhanced
Can stablecoins and decentralised finance ever truly operate without trust, or does trust simply relocate? While blockchain introduces speed, programmability, and transparency, real-world cross-border payments still depend on verifiable data, regulatory compliance, funding
Stablecoins are no longer a crypto side story. They are fast becoming a serious part of global payments infrastructure. As regulators move, institutions engage, and cross border inefficiencies persist, a new model is emerging. Traditional banking rails are converging with blockchain based settlement,
HM Treasury’s National Financial Inclusion Strategy has recently been published. It includes a vision for improving access to savings, credit, and insurance, all with the aim of building greater financial
Cross-border payments are at a turning point. For decades, the system relied on a slow, costly correspondent banking model. Now, new solutions are reshaping the landscape; from card networks leveraging
With the increasing regulatory assertiveness across sectors, what do regulatory, and compliance professionals need to consider to avoid fines within their organisations and turn compliance into a competitive advantage? In
Today’s consumers demand seamless, instant and transparent payment experiences, whether they’re sending money abroad or making international purchases. Yet, cross-border payment processes are still often very clunky and slow. With
AI is revolutionising fraud prevention and business practices, helping payments firms detect suspicious activity and enhance regulatory efficiency. But as AI evolves, so do the tactics of financial criminals which
Could a cross-border transaction ever be as low risk as a domestic one? While cross-border payments have typically been seen as more complex and risk-prone, due to the involvement of
As the global economy becomes more interconnected, the demand for seamless cross-border payments and innovative digital wallet solutions is reaching new heights. Staying ahead in this fast-evolving landscape requires an
With the new rules from the PSR requiring PSPs to reimburse customers who have been scammed arriving in October 2024, The Payments Association has undertaken a survey to discover what
The dream of fostering a borderless financial ecosystem is slowly becoming a reality as we transform the way we move money with mobile wallets. One of the latest steps forward
There has been much discussion over the past year on the rise in APP fraud, and the potential impact of the regulations designed to combat it. The conversation often revolves
The UK is undergoing a ‘seismic shift’ in how people pay (Nikhil Rathi, CEO, FCA), with wallets on the rise to become the default payment type for many. This raises
The significant disruption caused by the recent CrowdStrike failings has brought operational resilience to the forefront of the payments industry’s attention. How can firms prepare for similarly destabilising events to
The financial landscape is rapidly evolving with billions of consumers using alternative payments methods, especially the unbanked and underbanked. This presents an incredible opportunity for banks, but reaching them can
We’ve made great strides to broaden access to payments options, including a number of niche products to address specific customer groups. But have we yet considered the accessibility of all
AI has the potential to solve some of the biggest challenges faced by financial institutions. But how can we navigate this ever-evolving landscape to our advantage? From machine learning, and
It’s been ten years since the last big report on Financial Inclusion in the UK. Over the last decade, the financial services industry has evolved rapidly with new and innovative technologies helping
As the status quo for the cross-border payments infrastructure evolves, the customer experience also needs to be factored in. From a customer perspective, the cross-border payment process was historically slow,
Cross-border payments are perceived as inherently high risk due to reliance on manual process and lack of transparency among the players. This has created knock on effects (slow, expensive and
As noted in their letter earlier this year, good safeguarding practice in payment and e-money institutions continues to be a source of concern for the FCA. The legislation is not
Five payments pundits share their views on what should be in the Chancellor’s report and Autumn Statement. Moderator: Tony Craddock, Director General, The Payments Association Panellists: • Jana Mackintosh, Managing
Fantasy sports-related businesses are booming – accelerated by the Supreme court reversal of the federal ban on sport betting in 2018. According to IBISWorld research the fantasy sports market will
While some progress has been made, there is still a strong opportunity for the payments sector to collaborate and innovate on solutions that work for at-risk and underserved populations to
The digital payments industry is now the backbone of the global economy. Unfortunately, it’s also a major target for fraud, money laundering and other financial crimes. With new AI technology
The potential of a digital pound has garnered a lot of attention within UK payments, with much research, consultations, whitepapers and thought pieces being developed. However, with so much available
The world of digital currencies is upon us… New types of private money have exploded on the scene in recent years – from cryptocurrencies to stablecoins and beyond – but
A recent Forbes article stated that in the next 3-5 years, 76% of global banks predict that usage and customer adoption of open banking applications will increase by 50%. Open banking certainly
The battle between GDPR/data minimisation and fraud prevention is a tough one to navigate but there is widespread agreement that further collaboration on data is necessary to tackle financial crime.
A world in which we all have the expectation and ability to move money instantaneously, 24/7, 365 days a year, and with full transparency – is it only a pipe
The ubiquitous adoption of digital technologies and a huge uplift in e-commerce has resulted in unprecedented levels of online financial fraud. The UK alone saw a 71% increase from 2020
The world of payments is constantly evolving, offering consumers more choice and convenience. We have seen the rise of context-based payments, biometric authentication, wearables and mobile apps. In 2020, Amazon
Fraud is a multi-faceted threat. From deliberate error to organised crime there is no one methodology that can be used to tackle all fraud typologies. If we accept this as the reality,
Register here We will set the scene of this session by exploring some of the key cross-border challenges that fintechs and financial institutions are currently facing, from limited instant payment
This webinar is free to attend for anyone who works in payments. Virtual payment cards have the potential to enhance and simplify the payment journey for consumers and companies. The
