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
Touchscreens are increasingly being used for payment and while they offer many benefits for users, we must ensure they are accessible for all. Martin Doherty, CSO for Northern Europe and
Last month, Discover® published their first Environmental, Social and Governance (ESG) report. “The release of our first ESG report is a significant milestone for us at Discover and communicating our
With innovation in B2C payments growing at much faster rate, Intellias’s Olaf Baunack debunks the myths associated with B2B payments.
DIGISEQ recently commissioned Consult Hyperion to do a whitepaper, podcast and webinar on SCA PSD2, in this piece we address the issue of SCA (Strong Customer Authentication) in Passive Wearables.
American Express has announced a new partnership with Request to Pay focused fintech startup, Bluechain to help streamline the supplier payment process for small and medium sized enterprises (SMEs). Invoice
Sean Forward at payabl. explores how the industry could see a rise in M&A activity and a consolidation of businesses and services.
DIGISEQ recently commissioned Consult Hyperion to do a whitepaper on SCA PSD2, in this piece we address the issue of SCA (Strong Customer Authentication) in Passive Wearables. Rules are in
DIGISEQ recently commissioned Consult Hyperion to do a podcast on SCA PSD2, in this piece we address the issue of SCA (Strong Customer Authentication) in Passive Wearables. Rules are in
DIGISEQ recently commissioned Consult Hyperion to do a webinar on SCA PSD2, in this piece we address the issue of SCA (Strong Customer Authentication) in Passive Wearables. Rules are in
The rebrand of PPS and Edenred Corporate Payments to Edenred Payment Solutions was unveiled at Money2020 today, marking the next step of the business’s evolution as it strives to empower
Bank of America merchant services titan and 2021 Electronic Transactions Association (ETA) president, Guy Harris, joins Chargebacks911 as Chairman Previous Apple executive and current ETA president, Eric M. Hoffman, appointed
With more and more young people using BNPL as a payment option, Monica Eaton of Chargebacks 911 explores the benefits and risks of using this type of lending to make purchases.
AutoRek’s Nick Botha discusses how the FCA is taking payments safeguarding very seriously and firms should be able to demonstrate robust governance and control frameworks to avoid unwanted consequence.
Artificial intelligence (AI) has already had a transformative affect on the payments industry, particularly in bolstering antifraud efforts. Next in bosses’ sights are initiatives enhancing their customers’ experience.
How the sector can empower consumers to choose eco-friendly payment options
It started with Silicon Valley Bank (SVB), crossed the Atlantic for the final downfall of Credit Suisse, and then switched back to California with the demise of Federal Republic.
Embedded finance is changing the face of the fintech and payments industries, with transactions projected to exceed US$7 trillion by 2026, but the real winners will be small businesses.
