FIS senior sales executive Julien Farley discusses why he believes that the payment industry should adopt a more open-minded approach to the different payment methods that are used worldwide.
On Thursday last week, The Payments Association presented the launch of its latest report ‘Navigating the rising cost of living: Payments innovation as a game-changer’ at Parliament to a range of representatives from the House of Commons, House of Lords, and industry bodies including…the HMT, the FCA, BoE and the PSR.
With earnings trends and guidance discussed by the biggest payment firms globally during half year earnings, Jonathan Tyce analyses what this means for the industry and the outlook into 2024.
The introduction of a digital pound is an opportunity to reform the financial system and make finance more accessible and inclusive.
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.
The news that Visa has expanded its stablecoin settlement pilots as part of a push to modernise cross-border payments has been recognised as a landmark moment by payments insiders.
With the payments industry driving towards faster and cheaper ways to transfer funds, attendees at a Payments Lab session discuss whether atomic settlement could be the next big thing.
Chargebacks are a pain point for merchants which can sap revenue, cause reputational damage and in extreme cases lead to the loss of processing privilege. Yet their existence underpins consumers’ confidence in using their cards, providing recourse against fraud and unscrupulous sellers.
With uncertainty over the future of regulating BNPL products, Payments Review examined the current status, the impact of any legislation and what protection three of the UK’s largest providers have in place.
With the recent release of the Bank of England’s consultation paper on its roadmap for real-time gross settlement service beyond 2024, Payments Review examines the potential new features in store and the challenges in implementing them.
It will make millions of us redundant. It will turn whole industries upside down. It might even lead to the obliteration of humanity, and its replacement with something smarter and more civilised.
After an embarrassing scandal which saw Coutts CEO Peter Flavel and NatWest boss Alison Rose both leave their positions over the closure of Nigel Farage’s bank account, the UK banking sector may now be forced to react.
Companies spend £125 billion each year enabling people to pay and get paid securely, quickly and conveniently. The UK’s payment sector employs over 100,000 people from more than 500 companies.
From working in different countries to tackling the sector’s diversity problem, Sundeep Kaur, regional leader for global financial services at AWS, speaks to Jyoti Rambhai about the trends and challenges in payments.
The current economic climate is making first-party fraud – also known as friendly fraud – more appealing to those struggling financially. Sarah Jordan and Stephanie Kattah examine the challenges facing
Answer Pay’s Peter Cornforth examines the significance of Request to Pay alongside CoP, highlighting their combined role in meeting regulatory demands and fortifying payment security.
Bob Kaufman explains how integrated payment frameworks transform reconciliation processes for travel and tourism businesses.
The Payments Association EU invites you to their “Payments Tomorrow” Conference in Lisbon on October 10th . An event that will bring together payments executives from all over Europe under
While inflation remains a key factor behind consumer spending, the main risk to payment companies is no longer volumes, but margin, and this is set to come under more pressure in the coming months.
The Supreme Court ruling on Philipps v Barclays case was welcome news for compliance teams at payments companies, however extended fraud liability is not completely off the table.
In the last seven years, Tillo has grown from a start-up with a handful of employees to a multi-national company employing nearly one hundred individuals across three continents.
Latest data shows that the regulator’s authorisation of payments and e-money firms is lagging so far behind, it’s rated red against statutory targets.
To support merchants during the cost-of-living crisis, retail finance providers must prioritise the end-user’s needs. New tools that focus on matching loans to a customer’s affordability help to do just
Russel Fernandes, head of product for card present payments at Trust Payments shares his 11 tips to make sure companies get the most out of their point-of-sale (POS) systems.
The payments industry is changing fast. Payment methods and volumes are growing, while businesses and consumers now expect faster transactions. As new fintechs emerge to meet these demands, payments firms
The UK and EU are leveraging advanced analytics solutions to address emerging money laundering and terrorism financing risks and strengthen anti-money laundering efforts, but supervisors are concerned about the payment
Advancements in generative AI come with critical concerns regarding data ownership and privacy, leaving businesses grappling with how to deal with sensitive information. Generative AI has made remarkable progress in
The banking and financial services sector has been thoroughly transformed by technology over the past decade. Previously slow to adapt and adopt new technologies, financial organisations have been so heavily
Why does it seem B2B technology is built to punish professionals? Martin Simonovic, fintech product lead at Vacuumlabs, offers a quick rundown of how payment processors can offer their clients
AutoRek’s Nick Botha discusses cross-border payments, the current challenges they present to payments organisations, the difference between cross-border and domestic reconciliations, and how firms can overcome obstacles to create frictionless
ConnexPay, the first and only payments technology company that offers a fully integrated payments acceptance and payment issuance solution inside a single platform, has expanded upon an already impressive global
Global M&A in the payments sector is improving after the 2021 slump, according to Jonathan Tyce, director of research and investment at AlphaOneSolutions and ex-Bloomberg intelligence senior financial analyst. Apple, JPMorgan, PayPal and other big players are out looking for their next venture.
Senior executives at payment firms told The Payments Association that the lack of clear regulatory guidance on open finance means they are struggling to balance the risk of uncertainty with the potential for innovation.
The Joint Regulatory Oversight Committee’s (JROC)’s open banking recommendations have the potential to revolutionise payments, but big investments will be necessary into digital transformation, legacy platform modernisation and cloud migration that is future-proof.
Representatives from the FCA shared the next steps in regulating crypto assets, secondary legislation and what help it is seeking from industry in a closed-door event with The Payments Association’s members.
Delivering excellent customer support can be a significant differentiator for fintech companies. In the digital age, where customers are expecting instant and effective support, a great customer experience can set
The ComplyAdvantage State of Compliance 2023 series brings together industry experts from across the financial services sector for a hands-on look at key financial crime themes, complex compliance challenges, and
Key industry stakeholders discuss the challenges, opportunities, and future of digital assets in the UK, at an event hosted by Ripple and The Payments Association.
Stripe and Klarna are among the first in payments to implement the use of ChatGPT in their products and services.
Transferring data from legacy systems is one of the biggest challenges payment firms are facing as part of the transition to ISO 20022. Companies need to manage the risk of data truncation carefully or face asking customers for their data again.
Tyler Pathe speaks to Crown Agents Bank on why the industry should integrate ESG into top-level decision-making and businesses that don’t will find the price is getting higher.
Anjana Haines speaks to HSBC’s UK CEO Ian Stuart on the concerns around the SVB acquisitions and what’s next for the banking giant.
Chargebacks911’s Monica Eaton examines five ways how businesses can utilise bots and new technology to drive sales online.
London, June 13, 2023 – Ozone API, the leading provider of open finance software, is pleased to announce the appointment of James Bushby as General Manager for the UK, Europe,
In NatWest’s new e-book about Open Banking, three of our specialists offer their views on the UK’s Open Banking journey so far and outline how UK banks could further capitalise
Last month, Discover® published their first Environmental, Social and Governance (ESG) report. “The release of our first ESG report is a significant milestone for us at Discover and communicating our
With innovation in B2C payments growing at much faster rate, Intellias’s Olaf Baunack debunks the myths associated with B2B payments.
DIGISEQ recently commissioned Consult Hyperion to do a whitepaper, podcast and webinar on SCA PSD2, in this piece we address the issue of SCA (Strong Customer Authentication) in Passive Wearables.
