Press Release The new training alliance aims to provide specialist compliance and skills training For payments a fintech businesses London, UK. Monday 28th September, 2020.
First UK bank to use open banking to enable credit card holders to pay their balance Tesco Bank is to become the first UK bank
Mastercard and PFS partner with the Government of Jersey on the Spend Local cards Every Jersey resident will receive a £100 Spend Local pre-paid Mastercard
Throughout September OpenTable and Mastercard will be celebrating Dine Local, a month-long homage to dining out, with more than 200 restaurants offering special offers to
Square and Mastercard bring card payments to the Falkland Islands’ small businesses Launching today as part of London Tech Week, Square, Mastercard and the Falkland
A look at the use cases driving investment in open banking.
Financial infrastructure provider, Banking Circle, has been named Best E-Commerce Initiative for its Banking Circle Marketplaces solution in the 2020 PayTech Awards.
As the virus closed everything down, my workload increased by 10-fold and I started to feel like a 1950’s housewife with a career on top!
See above
Key findings:
– By December 2020, the total number of monthly API calls across the EEA is expected to reach between 2.8bn (5% adoption rate) and 3bn (20% adoption rate); with Germany, France, the United Kingdom, and Italy all experiencing over 300m calls per month.
– By December 2021, Germany, France and Italy will join the UK in experiencing monthly volumes in excess of 500m (even with the lowest adoption rate of 5%).
– By December 2022, with our lowest projections of a 5% adoption rate, Germany and the UK should be experiencing monthly transaction volumes in excess of 1bn. If the adoption rate is as high as 20%, Spain, France, Italy and Poland will also experience monthly volumes in excess of 1bn.
As more companies move their core operations online, the questions of data privacy and data security and how to handle them from an institutional standpoint as well become even more critical for successful business growth.
Across the world, traditional banking is transforming into something else entirely and the full outline and scope of the future of the industry, while not yet fully understood, already presents some amazing opportunities for firms looking for an edge, business innovation and revenue growth.
Agile businesses adapt to the times, providing the market with needed services as they arise as well as new opportunities. This second aspect, helping clients realize new opportunities, is increasingly displacing the traditional model of banking facilitated capital allocation.
Few people have questioned whether e-commerce was the way of the future when it came to retail and shopping, but even fewer have asked what this brave new world will look like.
After all, as everyone moves online, other factors will play critical and distinguishing roles in determining who the winners and losers are from the e-commerce online future.
Grab your morning coffee and join us as we reveal insight from our flagship research of 2020. You’ll be joined by peers in the payments community as we uncover the latest opportunities and use-cases in the industry.
Date 1st October 2020 Time 09:30 – 10:30
Book your place → https://landing.modulrfinance.com/cost-of-hidden-inefficiencies-epa
Netcetera is Mastercard’s exclusive 3-D Secure testing partner to help retailers and other businesses ensure they are ready to comply with PSD2. Mastercard and Netcetera, the market leader for 3DS and EMVCo associate, are supporting merchants to improve their transactions and conversion rates. This is the first time that merchants are able to run tests in their live online shops.
Have you registered for our Tomorrow’s Transactions events?
Join Dave Birch and colleagues from Consult Hyperion for our weekly webinars and fireside chats, to discuss transaction technologies and the issues our industry is facing. Every Thursday at 4 PM BST/11 AM EDT.
Strategic thinking for post-pandemic payments
Accomplished CFO and COO, Suraj Badlani, joins the international technology platform to lead corporate development and finance
Kompli-Global, the leading RegTech AML specialist, has announced today that it that it is ensuring corporate entities do not fall victim to potential fraud and money laundering, as it unveils Kompli-Reveal™, a screening solution harnessing augmented intelligence (AI) and human expertise, to provide the most up-to-date information on their client bases.
Luc Gueriane, Moorwand CCO, discusses: If the move to cashlessness is hurting so many, who is responsible for making sure innovation doesn’t come at the cost of inclusion?
Radius Bank, the best online US bank of 2020*, and Currencycloud, the leader in providing B2B embedded cross-border solutions, have partnered to offer Radius clients the ability to send money to more than 180 countries.
Following increased customer demand for international wire transfers for both their own clients and their Banking-as-a-Service partners, Radius sought to find a solution that could be quickly integrated. Using Currencycloud’s APIs means Radius Bank can send outgoing payments to international destinations they were unable to reach before on behalf of their clients.
Join us on online at 9.30 on 15th September for a demo of our new Confirmation of Payee product followed by a live Q&A session with our payments experts. Register now. https://landing.modulrfinance.com/coffeemorning_confirmation_of_payee
Modulr is the first non-bank or building society to join the Confirmation of Payee service.
Confirmation of Payee allows users to check if the payment details they’ve entered for a person or business match the details held by the recipient’s bank.
This provides reassurance that payments are being sent to the right recipient and protects Modulr customers from certain types of payment fraud.
UK-based end-to-end accounts and payments solutions provider Contis has forged a partnership with global payments platform Currencycloud.
Through this partnership, Contis can now offer foreign exchange and international money transfer services to its clients and account holders.
– Banking in Latin America
– Effect of Covid-19 on Latin American banking
– Key risks of bancarization in Latin America
EML and Laybuy are working together on Buy Now Pay Later (BNPL).
– Challenges facing the industry in stopping online banking fraud
– Decision criteria utilized to determine a winner across technology attributes and future business value drivers
– Reasons Buguroo was selected as the clear winner across all determining criteria
– How does SIM swapping work?
– SIM swappers struck – what next?
– The role of the bank in stopping SIM swapping fraud
– Behavioral biometrics analysis overcomes the failings of two-factor authentication
– Profiling cybercriminals, one simjacker at a time
– How unauthorized fraudsters use compromised customer data and phishing techniques to attack online banking platforms
– Leverage behavioral biometrics and AI to make real-time decisions
– Assess the risk of entities holistically, not only relying on PII
Financial infrastructure provider, Banking Circle, is tackling the compliance and reconciliation issues often faced in global B2B payments with its new Payments on Behalf of (POBO) and Collections on Behalf of (COBO) solutions.
EQ (“Equiniti Group plc”), an international technology-led services and payments specialist, is delighted to announce that its business payment platform has a new name, EQPay.
This guide offers an insight into how the insurance method of safeguarding can provide payment service providers with economic benefits, help to alleviate some of
PRESS RELEASE A top fintech has ‘done the double’ at the Payments Association Awards securing two nominations in the same category for a charity that
Ben Agnew brings a wealth of B2B events experience to lead the team at the UK’s premier payments industry member body London, UK. 1st September,
PRESS RELEASE COPENHAGEN, 27 August 2020 – Coinify, Sygnum Bank and Galaxus announce the world’s first e-commerce transaction using a bank-issued stablecoin. The Sygnum Digital
Relying on a single provider for essential banking services can be catastrophic for your fintech. So how can you ensure to keep the payment tap on and payments flowing in the times of crucial failure of your banking provider
FORM3 is delighted to announce it has raised $33 million in a strategic investment round with new investors Lloyds Banking Group, Nationwide Building Society and VC 83NORTH.
Following our Series B funding round in November 2018, Form3 has trebled in size and increased its annual recurring revenue by 160%.
The funding will strengthen Form3’s market-leading cloud-native payment technology, building significant functional enhancements, and accelerating our global expansion plans in existing and new markets.
Michael Mueller, Chief Executive Officer at Form3 said, “Our latest equity round is a testament to our growth and maturity in delivering highly secure, best in class technology for major financial institutions globally.”
Interview with the CEO of Accomplish Financial, Guy el Khoury Director General of the The Payments Association Tony Craddock speaks with Guy Raymond El Khoury,
Interview with the CEO of Accomplish Financial, Guy el Khoury Director General of the The Payments Association Tony Craddock speaks with Guy Raymond El Khoury,
Cashless payments were on the rise way before the pandemic. However, COVID-19 has forced consumers to abandon notes and coins in favour of mobile and contactless card payments. Recently, Nationwide revealed that, in a poll of 2,000 Brits, more than a quarter have gone two or more months without using cash. In addition, the usage of ATMs has seen an unprecedented drop of nearly 80% in some countries.
Although the pandemic may not be the final nail in the cash-coffin, the vast majority of payments are now digital – whether face-to-face or online. And while this is great for digital payment providers (and the taxman), merchants must now ensure their business models and payment methods are in line with consumers’ cashless expectations.
After uncovering a range of issues during recent visits to over 100 e-Money and payments institutions, the FCA published its latest ‘Dear CEO’ letter. The letter ended with a stern warning – “we will act swiftly and decisively if you fail to meet our expectations” – but what are some of the key areas raised and what do they mean for EMIs and PIs?
Blue Train’s Jeff Banks joined Gert Scholts, from The Best Sales Coach, for a chat on the success that can be achieved when Sales and Marketing teams work together in fintech collaboration.
Blue Train Marketing is very excited to be shortlisted in the Payments Association Awards for Marketing Campaign of the Year with Fintech Finance.
We are pleased to announce that we are now 1 of 7 non-banks to have secured an e-money license from the Dutch Central Bank.
Mike Laven says of the recent news, “Covid-19 has accelerated the rush towards digital payments and Europe represents a tremendous opportunity for Currencycloud. The Netherlands possesses the perfect blend of factors to support our expansion in the EU…”
Last year the pilot programme for our newest offering, Currencycloud Spark went live.
Over 30 Fintechs around the world, including Starling Bank, Remitr and TranSwap , signed up to benefit from the functionality, which gives businesses and their customers – the ability to receive, store funds and make payments in more than 30+ different currencies, almost anywhere in the world.
We’re pleased to now announce the wider rollout of Currencycloud Spark, our multi-currency wallet infrastructure!
The coronavirus pandemic – which has hit the big metaphorical ‘pause’ button on the world – has seen routines upended, travelling coming to a grinding halt in order to curb the spread of the virus, and the world of work flipped on its head.
With governments around the world advising or mandating that people remain at home, commutes to the office have gone from a 90-minute balancing act on a crowded train amongst throngs of commuters, to a 10-minute shuffle from the bed to the kitchen table.
So how has GPS helped our staff navigate this strange “new normal” and what lessons might there be for the future?
Trust Payments has established a new UK operations hub in Harrogate, with the opening of a new office on Station Parade which will create 10-15 new jobs in Harrogate by the end of the year.
The Payments Association
St Clement’s House
27 Clements Lane
London EC4N 7AE
© Copyright 2024 The Payments Association. All Rights Reserved. The Payments Association is the trading name of Emerging Payments Ventures Limited.
Emerging Ventures Limited t/a The Payments Association; Registered in England and Wales, Company Number 06672728; VAT no. 938829859; Registered office address St. Clement’s House, 27 Clements Lane, London, England, EC4N 7AE.
Log in to access complimentary passes or discounts and access exclusive content as part of your membership. An auto-login link will be sent directly to your email.
We use an auto-login link to ensure optimum security for your members hub. Simply enter your professional work e-mail address into the input area and you’ll receive a link to directly access your account.
Instead of using passwords, we e-mail you a link to log in to the site. This allows us to automatically verify you and apply member benefits based on your e-mail domain name.
Please click the button below which relates to the issue you’re having.
Sometimes our e-mails end up in spam. Make sure to check your spam folder for e-mails from The Payments Association
Most modern e-mail clients now separate e-mails into different tabs. For example, Outlook has an “Other” tab, and Gmail has tabs for different types of e-mails, such as promotional.
For security reasons the link will expire after 60 minutes. Try submitting the login form again and wait a few seconds for the e-mail to arrive.
The link will only work one time – once it’s been clicked, the link won’t log you in again. Instead, you’ll need to go back to the login screen and generate a new link.
Make sure you’re clicking the link on the most recent e-mail that’s been sent to you. We recommend deleting the e-mail once you’ve clicked the link.
Some security systems will automatically click on links in e-mails to check for phishing, malware, viruses and other malicious threats. If these have been clicked, it won’t work when you try to click on the link.
For security reasons, e-mail address changes can only be complete by your Member Engagement Manager. Please contact the team directly for further help.
