This article was originally published by leading bank orchestration platform Numeral and recently featured in the Payments:Unpacked newsletter from Mike Chambers – subscribe for free at: www.payments-unpacked.com.
Daniel Holden explains the meaning and significance of unified commerce and why it is vital to the customer experience.
Open banking — a promised financial utopia where data flows freely, consumers reign supreme, and businesses can reduce their payment processing fees — but what use is this powerful innovation if you can’t get customers to actually adopt it?
Clear Junction CEO Dima Kats sat down with our reporter George Iddenden to discuss how challenges to the cross-border payments sector are becoming bolder with the increase in geopolitical tensions and, contrary to some within the payments space, how he believes the regulatory frameworks offer enough security.
Key Takeaways Phase 1 — Regulation of fiat-backed stablecoins The issuance and custody of fiat-backed stablecoins in or from the UK will be subject
Our new report, Commercial payments, reinvented, combines input from 211 banks and payments providers with a survey of 223 commercial payments clients from retail, auto and industrial, insurance, travel and rail, telecom and health and public service to explore where expectations and perceptions overlap — and where they diverge. It captures the state of play for today’s commercial payments market and maps its future trajectory.
After a year of development, the royal assent of the UK Financial Services Markets Act (FSMA 2023) signifies that change is on the horizon for the UK’s financial landscape and its players.
As part of yesterday’s 2023 Autumn Statement, the Future of Payments Review was published. Commissioned by HM Treasury and led by Joe Garner, the review provides a
Dialect, a customer experience solution provider within the Fintech and Payments industry is excited to announce they won the “Judges Special Award” at the North
PayAlly has been recognised as the 19th fastest-growing business in London. This is part of the Fast Growth 50 index for 2023, which identifies the
Thames Technology, one of Europe’s leading card manufacturers, has partnered with IDEX Biometrics, a leading provider of fingerprint identification technology, to accelerate the commercialisation at
Introduction: Getting noticed in the competitive world of fintech can be tough. But you probably have at least one unique asset that you are not
As regulatory thinking evolves, firms must ensure that any current or planned use of AI complies with regulatory expectations. As financial services firms digest FS2/23, the
FERO is delighted to announce the successful closure of a $3 million seed round from Coatue, Volta Ventures, and Antler. This capital will enable FERO to expand and enhance
FinCrime Dynamics, the financial crime prevention AI solution, gears for growth with this new appointment. Cambridge, 20th November 2023. FinCrime Dynamics, the financial crime
Inpay is looking a bit different today, you may have noticed. But what’s behind our brand refresh? We’ve been working hard to strengthen and differentiate
Form3 to provide SEPA Instant, Credit Transfer and Direct Debit connectivity for Klarna’s 150m active customers across more than 500,000 merchants. Form3, the cloud-native account-to-account
Environmental, social and governance (ESG) values are here to stay, thanks to consumer and investor demand for greater transparency and social responsibility from businesses.
From the growing risks of fraud and cybercrime to digital adoption, Jonathan Tyce provides a strategic look ahead to 2024 in the European payments space.
On 8 October 2023, detailed new rules on the financial promotion of cryptoassets came into force in the UK, representing the very first set of conduct rules to apply to the crypto industry.
Extended partnership between PXP Financial and Foregenix to include best-in-class eCommerce cyber security monitoring October 31, 2023 – PXP Financial, the experts in global acquiring and payment, services,
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
As retail open banking continues to grow, mechanisms should be put in place to balance innovative products for consumers while ensuring adequate fraud protection.
We are excited to invite you to the Modulr GEN AI Summit, scheduled for Tuesday, December 5th at Scale Space in White City, London. The summit will
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
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
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
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
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
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.
Today, The Payments Association head of policy and government relations, Riccardo Tordera attended the release of Visa’s report, Payments: Putting customers first at the offices of EY.
At Starling Banking Services, we want to help financial services thrive. By providing organisations – FinTechs, credit unions, insurance dispersers, investment companies, and point of
The Bank of England (BoE) and the Financial Conduct Authority (FCA) have taken a significant step in addressing the rapid growth of stablecoins and related payment services in the financial sector by publishing its proposed regulatory regime.
The flagship store of luxury pharmacy John Bell & Croyden is transforming shopper experiences with the installation of new checkout & inventory management technology from 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
Guy W. Lecky-Thompson, head of products & processing services at Trionis explains why ATMs still have a prominent role in the future of the payments industry.
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
Tony Petrov, chief legal officer at Sumsub, summarises the rules incorporated in the EU Artificial Intelligence Act (EU AI Act) and how they might impact on the industry.
The transition to real-time payments is well underway. AutoRek global payments manager, Nick Botha, explains why those who prepare and adapt now will be better poised to become a leader in the world of real-time payments.
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.
The UK government has taken a significant step towards clarifying its stance on the regulation of cryptoassets, digital settlement asset firms, and fiat-backed stablecoins by publishing key documents outlining their responses to recent consultations.
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
Having a good credit score is life changing. For many, it can open the door to opportunities they would never have been able to access
Baringa were thrilled to attend Sibos this year. The four days of content covered everything from geo-political and financial headwinds, global payments modernisation, T+1 settlement
