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Carta Worldwide is on the hunt for a new Business Development Manager
Carta Worldwide is hiring a new Business Development Manager for our European sales team in London.
July 13, 2022
Carta Worldwide is hiring a new Business Development Manager for our European sales team in London.
Fintech Rewired is now live! It’s a brand new interview series with industry leaders in the Fintech space.
But with one key difference: every interview is carried out over a few games of Shuffleboard. Watch episode 1 with Alana Parsons, COO of Caxton, here.
DECTA, a global payment processing company, provider of full-cycle digital payment services, today announced that it has become a Visa Ready certified partner under the Fintech Enablement program.
Chargebacks911, the leading dispute technology specialist that powers chargeback remediation for the largest global eCommerce businesses and financial institutions, today announces that it has achieved the milestone of 1,000 integrated data connections and ingestible file types though its highly automated plug-in-and play platform.
Today’s merchants have faced an uptick in fraudulent chargeback claims over the last couple of years, with profits reducing by as much as 25% due to ‘Friendly Fraud’. With over 1,000 plug-in connections, Chargebacks911’s automated platform provides a scalable method for merchants to exchange missing information that banks require to identify invalid chargeback claims and thwart the growth of this negative trend.
Leading online payments platform, Payset, is utilising bank accounts from Banking Circle to offer fast, low-cost global payments. Providing customers with multi-currency accounts, pre-paid cards and currency exchange services, Payset helps businesses hold, exchange and move money around the world quickly, effortlessly, and affordably. Working with tech-led Payments Bank, Banking Circle, Payset aims to bring financial services up to speed with modern business by eliminating the expenses, delays, and red tape associated with moving money between currencies or across borders.
Despite the fact that cryptocurrency payments are soaring in popularity, the truth is that most regular people still don’t understand how crypto and digital wallets work, or are wary about using the technology for making purchases — a fact that’s reinforced by bank card payments still accounting for 80% of aviation service transactions.
Open Banking, which was properly introduced in 2018, has seen a slow adoption in the wider finance industry. Where payment methods like Buy Now Pay Later and digital wallets have swept through the market, open banking remains less widely understood or used – in fact, ECOMMPAY’s 2021 research found that only 14% of UK consumers completely understood it.
Customers, however, are already using open banking without even realising that they are. This revelation comes as no surprise to those familiar with the technology, as it is so very efficient and easy to use. But the fact customers do not fully understand it, means some further education is still required.
The process of buying and selling goods and services has evolved significantly in the last decade or so, particularly with the growth of the internet. This has led to what we know as e-commerce, the main avenue for consumers to buy products, transmit data and transfer funds online. This evolution will only continue with greater technological advances and IT continuing to strengthen links between different aspects of financial markets. But what are IT’s current strengths and, although it is difficult to predict, how it is set to potentially transform e-commerce in the next decade?
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