With consumer spending likely to fall over the next two years, the payments sector must be innovative to grow and serve the most financially vulnerable groups.
What is KYB? KYC is where companies identify their customers by verifying their identities to prevent money laundering, terrorist financing, and tax crimes. KYB shares similar features but is used
Ex-VISA EU Director and Checkout.com SVP Moshe Winegarten brings over 16 years of fintech experience to ECOMMPAY As part of ECOMMPAY’s ambitious growth plans for 2023, Moshe joins to scale
New research from Carta Worldwide explores the impact of the cost–of–living crisis and looming recession on consumer payment preferences Carta Worldwide, the proven global digital payments pioneer and a subsidiary
Thinking about launching a payment card? Whether you’re a traditional financial institution looking to modernise, or are a tech savvy business exploring the possibility of using cards to improve customer
From chips embedded into consumers hands to make contactless payments to biometric wearable devices, and digital currencies versus a cashless society, The Payments Association speaks to industry experts to find out the key themes likely to dominate the industry over the next decade.
With two-thirds of businesses struggling to combat fraud, The Payments Association examines how data, artificial intelligence and verification tools can be used to mitigate the risks
Salt Edge, a leader in building Open Banking API solutions, has announced its expansion to a new market – the Hashemite Kingdom of Jordan. The company’s goal is to assist
Miranda McLean from the European Women in Payments Network (EWPN) examines how the culture has changed for women in the payments, but argues why more needs to be done in what is still a traditionally male-dominated sector.
From a once ‘poor man’s card’ to paving the way for a new way to earn, Richard Ney examines how prepaid products are being used to underpin some of the slickest payment solutions and user experiences.
The Payments Association’s head of policy and government relations Ricardo Tordera takes a look back at the trade body’s key achievements in 2022.
Financial services providers are often overwhelmed by rapid changes in technology, alongside regulatory and policy demands. This often leads to a shortage of specialist skills like cyber, legal and compliance.
The Payments Association’s members and invited guests came together to celebrate Christmas in style on 6 December, as well as getting a unique opportunity to meet the association’s newest Advisory Board members and the new chair of the judges of the PAY360 Awards, Laura McCracken and the new deputy chair of the judges, Mike Chambers.
The General Data Protection Regulation (GDPR) needs to be reviewed to allow legitimate data tracking and sharing to tackle financial crime, say industry experts.
Spencer Hanlan explores how the speed and efficiency of payments, particularly cross-border, could drive innovation to offset inflation. He sets out his top three predictions of 2023.
Former Meta, Skype and Intuit leader joins Veriff to build and scale reusable digital identity product Veriff, a global identity verification provider, today announced that Viktoria Ruubel has joined the
Fintech Brand Messaging The visual aspects of a brand are often the elements people focus on, but it is your underlying messaging that will truly resonate with your customers. When
3 billion players worldwide will interact with video games either on mobile, console or PC this year. An industry that has generated US$215.6bn of revenue in 2021 holds an immense economical potential for
Corporate Cards for All Company Payments The use of corporate cards is a great way to stay on top of your organizational spending. With dedicated payment cards, your business will
In early 2022, we looked ahead at what we believed would be the major trends in payment and security for that upcoming year. Let’s go back and revisit some of
The highly-anticipated event of the year, ECOM’21, is approaching – mark your calendars for 12th-13th of April, 2023. Join us for 2 dynamic days full of workshops, exhibitions, and countless
The Payments Association is delighted to announce our All-Party Parliamentary Group (APPG) membership. We are excited to work closely with Chair Ian Liddell-Grainger MP and his team to bring the
Each day more than a million dollars is spent on goods and services using Bitcoin in the U.S., and up to 40% of these transactions are from new customers. Even
Five associations form industry alliance to guide the UK’s digital currency future Five associations form industry alliance to guide the UK’s digital currency future – the UK Forum for Digital Currencies
While fintech has grown year-on-year since 2010, it has really advanced since 2020. This rapid acceleration is set to continue in 2023, with many factors coming together to cause major
Tracking the transformation of money for businesses and consumers Watch this livestream on 25th January at 2pm UK time to understand where money is heading and the types of innovations
ATLANTA, US / December 15, 2022: ConnexPay, the first and only payments technology company that integrates payments acceptance and issuance inside a single platform, today announced it has appointed Blair
PEXA, the fintech behind the world’s first digital property exchange process, has today confirmed that Shawbrook has become the first bank in the UK to begin transacting remortgage cases on
Payment service providers Visa and Mastercard are one of the biggest brands in the payments industry. Merchants and consumers associate them both with high fees, especially in the US market,
ebankIT teams up with Salt Edge to bring full-scale open banking solutions ebankIT, a fintech company that enables digital experiences for banks and credit unions, partnered with Salt Edge, a
With the advent of digitalization and advancement of technology, companies ought to mend their ways to ensure a seamless integration of financial services. Every business wants to increase its client
The Payments Association’s Project Regulator working group will continue to engage with the FCA in 2023 to ensure members can thrive in the UK payments market.
Many firms still haven’t had the opportunity to drill down on the implications that the Consumer Duty has on their business. A recent webinar outlines the key steps to take.
Project Inclusion, led by Josh Berle of Mastercard, showcased the best fintechs offering sustainable and inclusive payments products in 2022 to energise the industry towards better practices. The team engaged
Virtual cards used for B2B transactions can offer tailored payment solutions for customers, while suppliers could gain instant payments and enhanced data, according to several firms using the payment method for B2B transactions.
Chargebacks911’s release of its proprietary chargeback guide for businesses and financial institutions comes just after online spending on Black Friday reached $9.12 billion in 2022. According to a report from
allpay and Payzone are passionate about giving cash users easy and accessible platforms to achieve their financial obligations. It’s been six months since allpay Limited partnered up with Payzone, a
Issued by ARYZE (BVI) Ltd, ARYZE Digital Cash will provide individuals and businesses with a means of exchange as instantly available…
KYP and RiskRecon, a Mastercard Company today announced they have entered into a global strategic partnership, combining KYP’s industry leading third- party continuous monitoring risk intelligence platform with RiskRecon’s world
GoHenry, the prepaid card and financial education app for 6-18-year-olds, and Visa, a world leader in digital payments, today announced a new seven-year global partnership that will see Visa become
Fintech startups popularised products that have revolutionised the way we spend, save and invest. They raised the bar of consumer expectation, challenging banks to revamp their apps, add more functionality, and
In just a few years, open banking laws have gone global. Scores of countries around the world have followed the European Union’s lead by creating their own version of open
The indie rock bank Arcade Fire have a song on their “Neon Bible” album titled “Intervention”. The song begins with crashing chords on a church organ, building up an ominous
Banking-as-a-Service provider Contis has completed a significant step in becoming further integrated within the Solaris Group, with the Contis brand being retired. The Solaris partnership was introduced in early 2022
With pressure from investors, customers and employees, financial institutions need to boost their ESG efforts or risk losing business. But meeting these lofty goals isn’t always easy. That’s where business
Adapt to the changing payments landscape with virtualized testing, now available on an SaaS basis Open Test Solutions – Open Test Solutions | FIS (fisglobal.com)
Enfuce was selected over Fiserv, Giesecke+Devrient, Vesta Corporation and Wallet Factory to win the coveted category at The FF Awards Win recognises the company for its fully cloud-based Cards as
The FCA is seeking views on the potential competition impacts of Big Tech firms entering and expanding into the retail financial services sector. The Payments Association will be responding to
