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, CEO of Accomplish Financial, a
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?
