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.
Weavr has announced the launch of Embedded Finance Cloud. The new solution will allow banks and other financial institutions to create and distribute embeddable financial products. Weavr believes that to
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
Open Finance is a financial ecosystem that enables customers to share their financial data securely with trusted third parties in order to access new and innovative financial products and services.
Cryptocurrencies have exploded in recent years, and criminals have noticed. $3.5 billion was laundered through cryptoassets in 2020, bringing a heightened regulatory focus and new risks for Virtual Assets Service Providers
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
Global verification provider, Sumsub, became a member of the most influential community in payments, The Payments Association. London – 10 July, 2023 – Sumsub, a global full-cycle verification platform, is
The companies have worked closely to build an integrated QR-based payment system that provides flawless transaction experiences for European buyers Munich, Germany & London, UK — July 2, 2023 —
Understanding Consumer Spending How it Can Help You Provide Better Payment Solutions As the world continues to develop digitally, many businesses have been realigning their payment platforms to cater to
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
In a report published today on ‘The (Unmet) Potential of Open Banking’, Oxera identifies the key economic obstacles that are holding back the wider adoption of Open Banking and the
Join Discover Global Network and 451 Research, a part of S&P Global Market Intelligence, for a deep dive into key findings from recent global surveys with fintech vendors, VCs and
FSCom Limited (fscom), a leading specialist governance, risk, and compliance consultancy in the UK and Ireland, is pleased to announce the appointment of Heather O’Gorman as the new Associate Director
Ready to transform your telco and unlock new revenue opportunities? Discover how the telecommunications industry can revolutionise its business model by embracing digital financial services and banking. Download the comprehensive
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.
Cryptocurrencies are still one of the hottest topics in the payments industry, making headlines and causing daily debates. Over the past few years, Bitcoin and Ethereum have become household names
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.
As the world becomes increasingly connected, the threat of money laundering has grown, leading to stricter Anti-Money Laundering (AML) regulations in the UK. In this article, we will answer some
After our recent Women in Banking Event: What’s your bank balance? guest speaker author Dr. Leda Glyptis’ PhD thought-provoking talk revealed only 15% of people in senior roles in banking are held
Chargebacks911’s Monica Eaton examines five ways how businesses can utilise bots and new technology to drive sales online.
With fewer than ninety days to go until the Consumer Duty deadline on 31 July 2023, the FCA has urged firms to ensure they are ready to meet the deadline.
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,
May 31, 2023: Lucinity, a world-leading AI Software-as-a-Service (SaaS) company, is proud to contribute to the successful conclusion of the BIS Innovation Hub Nordic Centre’s Project Aurora, a groundbreaking initiative aimed
Lucinity’s Generative AI Copilot, Luci, transforms the way financial crime prevention professionals work, reducing investigation time from hours to minutes. June 6, 2023: At Money 20/20 in Amsterdam, Lucinity, a
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
