Resources | The Payments Association

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PXP Financial and DaoPay announce their long-term strategic partnership to deliver enhanced payment services across Europe

• Customers will benefit from an enhanced card acquiring service at launch, and an alternative payment method (APM) aggregation service throughout Europe later this year.
• For customers, this means getting all services related to acquiring – from accepting card payments or APMs to receiving money from a single source, as well as access to 100+ payment methods, including mobile and patented phone-based payment solutions.
• As a result, administrative efforts will be reduced to a minimum, and customers will benefit from greater flexibility and less friction in the payment process.
• The new joint solution will give customers access to acquiring service for greater flexibility and less friction in the payment process.

June 20, 2022

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Banking Circle ecosystem cuts environmental impact for its Money20/20 Europe stand

Building on the success of its first sustainable stand in 2021, a recycled and recyclable stand has been designed for the Banking Circle ecosystem at Money20/20 Europe. Featuring every part of the ecosystem – Banking Circle S.A., YouLend, Biller, SEPAexpress and B4B Payments, every element of the stand, except the lighting feature, has been created using recycled materials.

June 20, 2022

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DISRUPT THE DISRUPTORS; EMBRACE TUGBOATS

See how banks are collaborating and using Fintech partnerships to innovate and build new digital capabilities to ensure a great customer experience.

June 20, 2022

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SCA Standards & Regulations Across the Globe

SCA, or Strong Customer Authentication, is not a topic exclusive to the EU (or the PSD2, for that matter). Today, we can see it popping up in financial conversations across the globe. And even though global SCA regulations all share the same stigma of ‘expensive’ and ‘inconvenient’, the need to implement SCA and increase the security level of our authentication systems is as relevant and urgent as ever before. Read on to see what is brewing in the world of payment authentication across the US, Asia, Europe and the Nordics.

June 20, 2022

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ENFUCE INTRODUCES MYENFUCE – A PLATFORM FOR CUSTOMERS TO TEST AND CREATE NEW CARD PRODUCTS FAST

Enfuce has created a new platform for existing and prospective customers to manage back-office operations and test new ideas for their card base. As a part of Enfuce’s turnkey solution Card as a Service, MyEnfuce makes it easy for Enfuce customers to start their card product and create value quickly.

June 20, 2022

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New Marqeta research: How consumers are engaging with Lending 3.0

Last week during Money 20/20, we released our new report “Seeking out the alternatives: how consumers are engaging with the lending 3.0 landscape”, which details European consumer attitudes to and experiences of lending. We surveyed 2,000 European consumers, conducted in partnership with Propeller Insights, to learn about consumer preferences when it comes to lending.

Our report found that consumers are frustrated with the lending industry with 70% of consumers surveyed saying that the experience of getting a loan is a decade behind online banking. They also noted that they want more clarity from lenders, with 75% of respondents saying they “switch off” when prospective lenders use industry jargon and 80% believing that lenders try to obscure the final cost of a loan.

June 20, 2022

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Sumsub Partners With Orenda

Orenda Finance is always looking for ways to improve customer experience, which is why they’re thrilled to announce that they are continuing to expand Orenda’s thriving marketplace with yet another exciting partnership. Already trusted by over 1000 clients, Sumsub has partnered with Orenda as a KYC/KYB vendor to support the quick and seamless onboarding of end customers onto Orenda client’s programs and platforms.

June 20, 2022