Payments news

Payments headlines

Mastercard enhances fintech programmes

21 h

Elavon and FreedomPay expand collaboration

21 h

Paystand buys Teampay

21 h

Alipay+ enables digital payment from 14 overseas e-wallets in Hong Kong

26 Apr

Enigmatic Smile acquires Fidel API's loyalty business

25 Apr

FastSpring adopts Pix for SaaS payments with Ebanx

25 Apr

Hitachi launches India's first upgradable ATM

25 Apr

Payhawk joins American Express Sync Commercial Partner Programme

25 Apr

Coffee shop payments startup Dripos raises $11 million

25 Apr

Splitwise to offer Pay by Bank with Tink

25 Apr

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NextGen Nordics 2024: A closer look at Confirmation of Payee

Moderating her last panel of the day, Finextra’s head of content Madhvi Mavadiya discussed Confirmation of Payee (COP) with Christina Fransson, senior payment product specialist of FIS in EMEA, Greg Huguet, European regional director at iPiD, Paulina Kudlacik, Confirmation of Payee scheme manager at the Nordic Payments Council, and Richard Ross, global payment market infrastructure expert at Swift.

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NextGen Nordics 2024: Untangling Request-to-Pay

NextGen Nordics 2024: Cross Border Payments: Back on Banks' agenda

Stripe lets merchants accept stablecoins

Splitit enables banks to offer in-checkout instalment payments

Mastercard harnesses AI to take on scammers

Klarna strikes global payment deal with Uber

NextGen Nordics 2024: BNPL just has a bad rep

OakNorth partners Marqeta to offer SMEs commercial debit cards

NextGen Nordics 2024: The current state of play of cross-border payments

NextGen Nordics 2024: Nordics can look outwards for new instant payments approaches

[Webinar] The Future of Plastic - The Rapid Evolution of Card Payments

[Webinar] The Future of Plastic - The Rapid Evolution of Card Payments

Payments blogs

Digital Bank Transformation

Future of Payment Review – who will pay?

John Bertrand

John Bertrand - Tec 8 Limited - London

3 Strategies to Improve B2B Customer Loyalty Through Payments

Brandon Spear

Brandon Spear - TreviPay - Overland Park

Artificial Intelligence and Financial Services

Overcoming Cultural and Technical Challenges in Automating Currency Risk Management

Benjamin Avraham

Benjamin Avraham - Okoora - Bnei Brak

The Payments Business

Why are more buyers and suppliers turning to commercial (and virtual) cards for B2B payments?

Benjamin Thurlow

Benjamin Thurlow - Adflex - London

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Latest TV

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NextGen Nordics 2024: Cross Border Payments: Back on Banks' agenda

Dr. Hubertus von Poser, Head of Sales and Consulting Payments at PPI, joins FinextraTV at NextGen Nordics 2024 for a deep dive into cross-border payments and their resurgence on banks' agendas. Discover the key drivers shaping the financial services landscape, the challenges banks encounter, and strategies to overcome them. Gain insights into the future trajectory of cross-border payments and explore the evolving role they play in the global financial ecosystem.

Pivotal trends for sustainable growth in financial services

Amidst the evolving financial services landscape, three pivotal trends have emerged: operational resilience, generative artificial intelligence, and modernisation. As institutions navigate the complexities of digital transformation, the importance of building resilient systems, harnessing the power of gen AI responsibly, and modernising tech stacks becomes increasingly evident. In a conversation with Monica Sasso, Global Financial Services Digital Transformation Lead at Red Hat, we delve into these trends, exploring their implications and the strategies needed for sustainable growth.

Unveiling Fintech's Future: The innovations and regulations making change

During UK FinTech Week at IFGS 2024, Gurdeep Singh Kohli of Standard Chartered Ventures, discusses the impact of digital disruptors on UK FinTech, citing regulatory support and funding as key drivers. He highlights Challenger banks' success in improving client experiences and addressing SME needs. We look at approaches to innovation, emphasizing experimentation and the importance of security in emerging technologies like digital assets and artificial intelligence.

Thriving futures: The consumer benefits to Bank & Fintech partnerships

Anita Paju, Head of Customer Success at LHV, sheds light on the pivotal role European banking providers play, the significance of collaborating with fintechs, and the dynamic changes seen currently in the financial landscape at MPE 2024. We discuss payments infrastructure, the value of partnering with fintechs, and explore LVH’s future priorities aimed at enhancing infrastructure and broadening services to cater to consumer needs.

The long read

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Scott Hamilton

Will embedded finance change UK fintech by 2035?

Scott Hamilton - Contributing Editor, Finextra

Discussion

The Rise of Digital Payments Banks in India influencing the Market and Revenue

Ketharaman Swaminathan

Ketharaman Swaminathan

India's GDP is a little shy of $4T, there's no way digital payments market can be half of that i.e. $2.3 trillion. Your $2.3T figure likely refers to Total Payments Value (TPV) of digital payments. Payments market size amounts to the rake on TPV i.e. TPV*MDR. Since a bulk of the $2.3T TPV is UPI, which attracts 0% MDR, the digital payments market is likely to be close to 0 (barring credit card payments which attract 2.5% MDR, but constitute less than 10% of the aforementioned TPV.). You contradict yourself later in your post by giving a totally different figure of $70.47B for digital payments market. But even that lower figure is highly doubtful for aforementioned reason. Consequent to RBI Reg PayTM, the enforcement action from the banking regulator that went into force a couple of months ago, PayTM Payments Bank is virtually non-existent. In the interest of the community, you might want to edit your post to reflect correct facts and figures.

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What Gen Z want from UK fintech

Richard Peers

Richard Peers

Great article Sehrish, ignore Gen Z at your peril!

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UniCredit rolls out accessible cards for visually impaired

Hitesh Thakkar

Hitesh Thakkar

Great initiative by Unicredit, Italy. Definite learning page for all card managers.

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UK Finance develops model clauses for variable recurring payments

A Finextra Member

A Finextra member

Variable Amount Direct Debits (VADD) have been around for 40 years or more and work perfectly.

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Featured

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UK Finance develops model clauses for variable recurring payments

Klarna sells virtual shopping business Hero

Blair Institute sets out 'progressive vision' for fintech

Canada's real-time payment system won't launch before 2026

The long read

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Vladimir Krasik

Are fintechs destined to become banks?

Vladimir Krasik - Global Head of Internal Treasury, Revolut

Elsewhere...

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Níamh Curran

What are NFC payments?

Níamh Curran - Senior Reporter - Finextra