The UK’s Financial Conduct Authority (FCA) has published its latest board minutes highlighting its increasing focus on artificial intelligence (AI), in which it “raised the question of how one could ‘foresee harm’
In an ever-evolving digital landscape, where online banking and digital payment methods are on the rise, it’s crucial to remember that not everyone has fully embraced this shift. At allpay
Open Banking is not just a trend but a transformative force, driving a sea change in how consumers and businesses interact with financial services. Central to this transformation are Application
Smartphones have sparked a demand for digital financial services (DFS), particularly among millennials. With 6.92 billion smartphone users worldwide, the number doubled in less than a decade. The COVID-19 pandemic
The Financial Conduct Authority (FCA) has issued a final warning to cryptoasset firms involved in marketing their services to UK consumers, including those based overseas.
We are thrilled to announce that Craig Luther has joined Dialect Communications as Head of Sales, another significant milestone for our company as we further expand our team. With over
eCOM Tokenizer of G+D and Netcetera to secure online shoppers’ privacy and boost e-commerce businesses. Tuesday, 26 September – GPE (Global Payment Europe) and the e-commerce payment expert, Netcetera, are
NatWest’s open banking payment platform Payit has introduced a new way for businesses to make a payment without needing the recipient’s account details, by sending a secure, single-use payment link.
In recent years, white-labelled cards have surged to the forefront of the financial sphere, embodying a dynamic area of customisation and finely tuned financial solutions. As the field develops further,
Nium, the leader in real-time global payments, has opened a new European headquarters in London to accelerate business expansion across Europe and affirm its commitment to the UK as a
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.
Blankfactor, a leading provider of IT services for payments, has announced the appointment of Petru Metzger as President, Global Head of Payments. Petru brings a wealth of experience in the
More and more and more legacy financial institutions are turning to fintechs and digital-first financial services providers as partners in the race to provide a better customer experience. 🚀Discover how
Learn what “higher rates for longer” may mean for FX markets as central bankers continue the fight to tame inflation. Read full report here: https://convera.com/blog/foreign-exchange/september-outlook-central-banks-stay-vigilant-as-global-growth-slows/?utm_source=TPA&utm_medium=Email&utm_campaign=2023-Smart+Money+Moves-1to1+Meetings+UK-Live-Events-TPA-MKTG&utm_term=TPA-GCO-Sep&utm_content=7016R000001ROcvQAG
Drawing insights from independent research, including a survey of 250 executives and managers from UK banks or financial firms, Weavr’s whitepaper provides a comprehensive look at current attitudes towards, and actions
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.
New CRO Appointment to Strengthen ConnexPay’s Revenue Growth MINNEAPOLIS, US / August 08, 2023: ConnexPay, the first and only payments technology company that integrates payments acceptance and issuance inside a single
Trust Payments, the disruptive leader in frictionless payments and value-added services for merchants, today announces the opening of a sixth UK office in Haverhill, Suffolk – which will be a key
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.
