The neobank industry has grown immensely in recent years matching the rising demand for digital financial services. The convenience, 24-hour customer support, and paths to credit make neobanks appealing and
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.
In BCG’s 21st annual assessment of the payments industry, we discuss how the industry – which has come a long way over the past decade – is facing a moment of
Decentralized Finance (DeFi) is a loosely defined concept that describes an ecosystem within the blockchain industry, offering traditional financial services and products in a decentralized manner. The core idea behind decentralized finance is to
CAB Payments, a market leader in business to business cross-border payments and foreign exchange specialising in emerging markets, navigated difficult market conditions to successfully complete a listing on the premium
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.
As we progress through the digital age, advancements in technology go hand in hand with escalated vulnerabilities. This rule is not limited to our laptops and smartphones but extends to all things
About An EU-based international payment firm has inked a deal with a global leader of payment technology innovations: the agreement will enable the European company – in the process of
London, UK, September 5 2023, market-leading open banking solutions provider tell.money supports crypto banking platform, Colossos in expanding open banking capabilities to their customers by powering their PSD2 dedicated interface.
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.
New trade flows. Geopolitical shakeups. Emerging environmental imperatives. Today, cross-border trade and business payments are shifting in real time. To help you find opportunities amid volatility, Convera’s Future of Trade
As we navigate the new normal, the banking services landscape across the European Union (EU) has observed a paradigm shift. The current economic scenario presents several challenges that require effective
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
Trust Payments has become the latest member of the 30% Club, a global campaign led by Chairs and CEOs taking action to increase gender diversity at board and executive committee
Introducing PLIM, a fintech company that offers a “Buy Now, Pay Later” credit service and online market place specifically for the medical aesthetics industry with the goal of making elective, aesthetic
New York, London, Munich, Dubai – August 23, 2023 – DataArt, a global software engineering firm, has announced its membership to The Payments Association, a leading community in payments. This marks
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
As a lean start-up team, company culture is a collaborative effort and is shaped by all departments. From the outset our leadership team was really focused on creating a great
As advisors, Mike Chambers and Kriya Patel will provide value guidance and counsel to Lerex as the company continues to expand, develop and grow. Mike is an industry professional with
Project highlights End-to-end design and migration of the on-premise applications in 2.5 months using AWS for banking Advanced collaboration and smooth delivery with DevOps AWS migration Safeguarded business continuity and
Nigel Farage is back on our front pages. The coverage is not related to Brexit or GB News, but to a niche financial crime control that few people outside the
As digital payments continue to grow in popularity, the threat of fraudulent activity also rises. With UK Finance revealing that people in the UK lost £1.2bn to fraud in 2022,
In the face of economic uncertainty and rising inflation, Housing Associations in the UK are faced with the challenge of providing support to vulnerable communities while ensuring their own financial
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.
Enterprise blockchain projects are failing, and the reason lies in their approach. Businesses often start their blockchain projects from scratch, leading to inadequate planning, compromised data security and the inability
Join fscom’s Director, Alison Donnelly, and Associate Director, Heather O’Gorman, as they provide detailed information on protecting customers’ funds and the latest on the FCA’s expectations of payment and e-money
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
KPMG is proud to share with you their new “Payments Modernisation: what is the future of payments?” report, summarising how banks and building societies are modernising their infrastructures to be
: Paymentology, the leading global issuer-processor, today announces its strategic global partnership with Monese’s XYB, end-to-end ‘coreless’ banking platform provider, launched in May 2023, and poised to shake up the
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 term multicloud has various interpretations, each offering different levels of resilience and reliability for bank payment platforms. Financial institutions may believe they have implemented a true multicloud model, but
FinCrime Dynamics have been awarded UK government funding to develop a consortium for the advancement of Trustworthy AI in the fight against financial crime. The initiative forms part of the UK
As businesses continue to navigate a changing landscape, the Ecosystem Economy has emerged as a concept that is reshaping how businesses operate. The Ecosystem Economy represents a collaborative and interconnected
Successful businesses know that success relies on putting the customer at the centre of everything they do, but sometimes this aim gets lost in the day-to-day running of the business.
