The future of Payments in Europe

With an increase in regulations and growing involvement from multiple players, the world of payments is undergoing a disruption across the region

John Bertrand MD at Tec 8 Limited

Just implement the new regulations to prevent APP (Authorised Push Payment) fraud

The Financial Times last week reported strong industry resistance to the incoming mandatory reimbursement to bank fraud caused by authorised push payment (APP) fraud. This is understandable as banks since 2015 have not refunded 50% of the reported amounts scammed and now are mandated to refunding 100% of the customers money. A serious recurring an...

19 August 2024 /payments /regulation

Robert Kerrigan Chief Operating Officer at TrueLayer

Eyes on the prize - payments regulation needs a re-focus

In March 2024, there were 16 million account-to-account (A2A) payments made in the UK, powered by open banking. If the future of payments is A2A, then the future is here now. Adoption is accelerating dramatically as businesses embrace this new and cost-effective way to accept consumer payments without the complex intermediary layers associated wi...

11 June 2024 /payments /regulation

Ross Kolodyazhnyi CEO at DCM

The future is tokenized. You’re either on board or you get left behind.

If you seek the trigger to lead the next leg of the crypto "bullish" market, it won't be Ethereum ETF approval or Bitcoin halving. It will be driven by real-world assets. RWA tokenization, without exaggeration, can be called the hottest corner of the digital asset industry. The quarterly report of our partner, Stellar Development Foundati...

09 May 2024 /payments /crypto

John Bertrand MD at Tec 8 Limited

Global Instant Payments - the next big thing

Answering the question “what is the next big thing” well it is Global Instant Payments. The importance of this is ‘Elon Musk’s X now has a Money Transmitter License in 25 US States and the goal is a self-contained financial ecosystem within the X platform. Musk was behind PayPal ranked second in a report of 10 Best Online Payment 2024. While more...

01 May 2024 /payments /retail

Ross Kolodyazhnyi CEO at DCM

Europe is waiting for MiCA, but we should prepare for challenges — Ross Kolodiazhnyi, CEO at DCM

After hosting a panel discussion, "Crypto Regulation Unveiled: Exploring MiCA's Global Impact," at the FIBE Fintech Festival in Berlin, I've caught myself thinking that everybody is not so excited about MiCA regulations. Will it become that magic wand to address current hurdles holding back the global adoption of blockchain and crypto as...

26 April 2024 /regulation /startups

Ross Kolodyazhnyi CEO at DCM

The Next $16tn Opportunity in Crypto You Are Missing

We are on the threshold of massive financial changes, and I'm not talking about the distant future but about something happening now. In 2023, real world asset tokenization again emerged on the radars of financial institutions and investors, resulting in a new round of popularity and adoption. Why is the surge of interest actually happening? Busi...

29 March 2024 /payments /predictions

Ross Kolodyazhnyi CEO at DCM

Will Stablecoins Become Invisible Rails for Payments?–Yes, They Already Do

The introduction of stablecoins has highlighted a decades-old problem: despite all the tech innovations and dynamics, the payment sector remains slow, unfair, and opaque. They pointed up the need to facilitate access to financial services and cross-border payments. But most importantly, they have come to the forefront of those changes and innovati...

23 March 2024 /payments /predictions

Laurent Descout CEO at NEO Capital Markets

The European Parliament votes for instant payments, what does this mean for corporates?

Earlier this month, members of the European Parliament (MEPs) voted to adopt a new set of rules that will ensure transferred funds arrive immediately in the bank accounts of retail customers and businesses across the EU. This follows the landmark provisional agreement reached by the Parliament and Council late last year and requires all payment s...

20 February 2024 /payments /startups

James Booth VP Head of Partnerships, EMEA at PPRO

Navigating Europe’s payments landscape to tap into a thriving e-commerce industry

Supercharged by new payment technology and shifting digital behaviours amidst the pandemic lockdowns, the European e-commerce industry is now expected to hit nearly $900 billion by 2027. For any merchant hoping to expand internationally, Europe is certainly a prime region. However, despite most of the states being members of the EU and thus benefit...

11 September 2023 /payments

Retired Member 

My take on Stripe's Phocuswright 2023 Panel: Can Slow EU Checkout Processes Ever Improve?

Something has to be done to reduce the gargantuan amount of time it takes European consumers on average to get through checkout on an eCommerce website. That was our main takeaway from the PhocusWright EU 2023 that took place earlier this month in Barcelona. The European eCommerce landscape is often characterized by a slow checkout process, with an...

29 June 2023 /payments /regulation