• Cameron Cox has been appointed Chief Transformation Officer at Global Processing Services(GPS), the issuer processor behind Revolut, Starling and Curve.
• He was Head of Technology Transformation & Global Chief of Staff at Worldpay and will spearhead global strategic transformation at GPS, taking them through the next phase of accelerated growth.
The New Payments Architecture (NPA) is getting closer. Originally imagined by the Payments Strategy Forum in 2017, this new payments system, based on ISO20022, will replace the existing BACS and
Okay loves to talk about the future of payment security. So why not take a look at how the digital payment and security landscapes of the future are intricately connected, and at how authentication solution providers are indeed a central piece of that puzzle?
Finerio Connect, a Mexican fintech, together with Ozone API and Visa announce their collaboration to support financial institutions in Latin America & the Caribbean to navigate open banking. Collectively, the three companies will offer an end-to-end set of tools and capabilities enabling rapid implementations – according to market readiness and compliance requirements.
May 30, 2022. 2021 has seen a strong rebound post-pandemic in online shopping as the global e-commerce market amounted to 13 Trillion dollars in value that year. Emerging markets such as India, parts of Africa, The Balkans and the Baltics, have gradually become a stronghold for eCommerce businesses. The online sales increase from emerging marketplaces is expected to contribute to 20% of all retail sales in 2022. Local payment methods(LPMs) played a crucial role in supporting the growth of this economic activity by setting a native and stable payment infrastructure to support the demand for online shopping both locally and cross-border.
DECTA, a global payment processing company, announces a new partnership with Zimpler, a Swedish instant payment provider, to enable seamless account-to-account payments and payouts for European businesses.
Thames Technology is thrilled to announce that its Fusion Card will become the first metal card with a dual interface to be manufactured in Europe. Thames Technology, based in the UK, outside of London, has achieved this momentous break-through utilising Amatech IP, the de facto standard technology to dual interface metal cards globally.
Unless you’ve been living off the grid for the last 20 years, you’re well aware that the payment world is growing increasingly digital. So, it’d be logical to assume state-of-the-art technology is the predominant differentiator for payment companies — having the best tech should be the biggest competitive advantage, which implies businesses should heavily invest in R&D.
However, based on consumer reviews, that’s not necessarily the case. Tech matters, but it’s not the biggest factor in the eyes of the consumer.
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