PXP Financial joins Zebra’s PartnerConnect programme to enhance mobile payment capabilities, leveraging Zebra’s innovative solutions and global partner network.
Transact365 updates its global payment solutions, improving stability, success rates, and coverage in regions like China, India, Germany, and Brazil.
Payment companies are accelerating KYB with AI and APIs, enhancing onboarding speed and competitiveness while maintaining strict compliance.
The fintech industry remains male-dominated, but fostering mentorship, challenging stereotypes, and supporting gender equality initiatives can pave the way for more women to rise into leadership roles and create a more inclusive future.
Choosing the right custody solution is vital for institutions to securely navigate the evolving digital asset landscape and future-proof their financial operations.
Unrecognised transactions due to confusing billing descriptors are costing U.K. merchants over £128 million annually, highlighting the urgent need for clear descriptors and proactive chargeback management.
Outsourcing customer support allows companies to focus on growth while ensuring high-quality service through experienced partners who personalise solutions, maintain brand consistency, and leverage advanced technology.
The payments industry must address cross-border inefficiencies to support SMEs, which are critical to global economic growth and financial inclusion.
Cross-border payments expand a business’s global reach, but their success hinges on secure, efficient processes, versatile payment methods, and strong partnerships with payment providers who offer seamless integration and robust fraud protection.
The evolution of payments has seen a journey from physical currency to digital transactions, with mobile payments now leading the way in revolutionising how we handle money in a rapidly growing market.
Digital wallets are reshaping payments with convenience and security, but face challenges like device reliance and regional limits; with increasing regulatory focus, their growth and innovation are set to continue.
Banks must quickly adapt to ISO 20022, leveraging strategic partnerships to overcome legacy system challenges and meet the March 2025 compliance deadline.
Regulatory changes in BNPL, cVRPs, and digital wallets aim to boost e-commerce innovation and competition while safeguarding consumer protection and market stability.
The shift from virgin PVC to recycled PVC (rPVC) and paperboard payment cards is revolutionising the financial industry, reducing environmental impact while offering business advantages, and positioning financial institutions as leaders in sustainability.
The Bank of England’s exploration of a digital pound and its integration with existing payment systems could modernise the UK’s financial landscape, enhancing efficiency, security, and inclusivity.
Toqio partners with Visa to enhance corporate liquidity and efficiency by integrating financial services directly into business networks through embedded finance solutions.
Rethinking the approach to banking silos, this article explores how connecting, rather than breaking down, silos can foster innovation and efficiency in financial institutions.
AI-driven solutions are transforming dispute management in the payments industry, enhancing efficiency, reducing costs, and improving customer satisfaction in an increasingly digital landscape.
PAYSTRAX and CatalystPay’s partnership exemplifies the power of collaboration in delivering efficient, secure payment solutions.
Despite significant advances, cross-border payments still face challenges like delays, high costs, and inefficiencies, but innovative projects like BIS’s Project Rialto and Nexus offer hope for a more seamless global payment system.
Entersekt has been recognised as a leading vendor and the highest-rated authentication-focused vendor in the July 2024 Liminal Link Index for Account Takeover (ATO) Prevention in Banking report.
The PSR’s July 2024 report on APP scams highlights growing fraud sophistication and the challenges for financial institutions, stressing the need for improved regulations and consumer protection.
Fintechs can accelerate mainstream adoption of digital assets by integrating them with traditional payment networks, enabling seamless everyday transactions.
The move to ISO 20022 brings benefits like enriched data and improved fraud prevention, requiring a strategic approach and decisions between building in-house solutions or partnering with vendors.
Businesses face rising ESG demands, and Paynetics offers embedded solutions to manage environmental impact, social responsibility, and governance.
Trading 212 partners with Paynetics to integrate multi-currency accounts and card payments, allowing customers to spend directly from their account balance.
Paynetics has acquired Novus, the UK’s first “impact neobank,” to enhance ESG initiatives and allow users to support causes and track their carbon footprint with each transaction.
Early-stage fintech companies must navigate regulatory compliance, protect intellectual property, manage personal data, and maintain organised documentation to ensure smooth operations and growth.
Thistle Initiatives has announced the expansion of its financial crime services to support fraud challenges
With the UK at the forefront, the future of cross-border payments is being shaped by technological advancements, regulatory changes, and the growing demand for efficient, secure, and cost-effective solutions.
Banks and criminals are locked in competition for customers and transaction revenue, using advanced technologies as weapons of choice. Technologies that deliver speed and convenience in modern banking, if unprotected,
UK banks’ reduced lending and account closures stress SMEs, highlighting the need for multi-service apps (MSAs) to streamline financial services with open banking.
The first stablecoin was launched in July 2014, 10 years ago. A decade later, it has reached a market cap of $165 billion, with trillions in stablecoin payments settled each
From 7 October 2024, UK financial institutions must reimburse APP fraud victims. FinCrime Dynamics’ SaaS service helps banks identify vulnerabilities, quantify losses, and improve fraud defences.
The “Redefining Community Finance: Unlocking Pathways to Financial Inclusion” whitepaper by the Payment Association provided crucial insights and recommendations emphasising the need for enhanced innovation and support for the community
The white paper, “User Reality vs. Industry Fallacy,” examines cross-border payment challenges for SMEs and their crucial role in the global economy.
Mitto’s report shows increasing consumer demand for personalised, real-time communication via SMS and WhatsApp, aiding businesses in boosting satisfaction and engagement.
Issuers and merchants should adopt click-to-pay for a faster, safer eCommerce experience, reducing cart abandonment and enhancing security through tokenisation.
Privat 3 Money and ClearBank offer a multi-currency account with a single IBAN for seamless transactions and a new stainless steel P3 Debit Card, enhancing global financial management.
Paynetics has acquired Novus, the UK’s first “impact neobank,” to enhance ESG initiatives and expand its embedded finance offerings, empowering clients to integrate positive impact efforts with financial services across Europe.
Paynetics has been selected for TechRound’s FinTech 50 list for 2024, recognised for its innovative Embedded Finance solutions that seamlessly integrate payments into business offerings.
Swift’s updated CSP and IAF are essential for ensuring robust cybersecurity and compliance across the global banking community.
Key trends in the payments industry include AI for enhanced accuracy, blockchain for cross-border payments, tokenisation for security, digital wallets gaining popularity, and the growth of buy now pay later solutions.
The Convego Service Market platform by Giesecke+Devrient simplifies access to intelligent payment solutions, offering banks a unified, modular approach to manage physical and digital card issuance efficiently.
Giesecke+Devrient’s Convego payment card portfolio allows banks to use innovative and sustainable materials, such as wood and ceramic, to create unique and personalised payment cards.
The rise in online payment fraud has led nearly 98% of industry leaders to enhance security with identity verification and facial biometrics.
Digital wallet payments are projected to reach $19.6 trillion by 2027, and Thredd’s guide offers insights on trends, best wallets, tokenisation, and finding the right payments partner.
The Trust Retail partnership with Pennies and Well Pharmacy won the Retail Charity Partnership of the Year award for integrating micro-donations into purchases, benefiting the mental health charity Mind.
