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Payments in 2021 and beyond

Looking back over the last 18 months in the payments industry, it’s hard to recall a more turbulent time certainly in the last decade or so, but as always, out of chaos comes opportunity…

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B4B Payments signs deal to join the Banking Circle ecosystem

B4B Payments (B4B), a leading global provider of card issuing solutions for businesses, is set to join the Banking Circle ecosystem to complement the Banking Circle Payments Bank, providing accounts, payments and issuing to Payments businesses, Banks and Corporates. The deal is now going through the regulatory approval process. After closing of the acquisition, B4B will operate as an independent sister company of Banking Circle.

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How to remain relevant in changing times

These changing times have certainly made life ‘interesting’ for mainstream banks. Recent events have seen a marked growth in the digitisation of financial services and the emergence of crypto currencies as payment mechanisms have introduced another digital variable to the banking equation. There is a challenge to mainstream banks to step up to remain relevant in this changing world and to leverage their own trusted brand. Banks can avoid costly transformation and choose new incremental models with the right supporting payments technology.

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PPS partners with ViaBill

PPS and ViaBill join forces to bring BNPL to shoppers in-store and online.
PPS was appointed as the issuer and processor for ViaBill, Europe’s leading Buy Now Pay Later (BNPL) solution, which facilitates end users to a greater access to flexible forms of credit.
PPS will be acting as BIN Sponsor, Card Issuer and Transaction Processor, and also integrating Apple and Google Pay to offer ViaBill’s customers further flexibility in payments.

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The Future of Payments: Augmented or Ubiquitous?

Facebook recently announced that they were changing their name to Meta. The main reason? To “recast the company’s public image from battered-social-network to tech innovator, focused on building the next generation of online interaction”. Will this move have an impact on the future of global payments? Will these payments take place within virtual reality? Is there another trend that better predicts the future? Let’s take a look.

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