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Share opinion and experience on how the payments landscape is changing and learn about the challenges and opportunities facing payments stakeholders in the future.
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Joris Lochy Product Manager at Intix | Co-founder at Capilever
As a regular consumer, you might not realize that a simple wire transfer to a company or a friend launches a complex and lengthy payment flow. This process involves multiple financial institutions and diverse IT systems. In this blog, we explore a typical payment flow at a financial institution. The complexity of the payment flow stems from increa...
10 June 2024 /payments
Mayuri Jain CMO at Science4Data
FedWire, operated by the Federal Reserve Banks, is essential for large-value and time-sensitive payments, ensuring secure and efficient fund transfers between financial institutions. As the financial landscape evolves, the upcoming modernization of FedWire presents significant implications for financial enterprises. Importance of FedWire FedWire...
07 June 2024 /payments
Penny Townsend Co-Founder & CPO at Qualpay
In the fast-paced landscape of today’s industries, particularly within the technology sector, efficiency and streamlining operations are imperative. Every aspect of operations, including financial transactions, plays a crucial role in the success of anyone in the IT world, from developers to ISVs. ISVs, in particular, have an opportunity to take a...
21 May 2024 /payments
Around the world, there are significant moves to transition from traditional electronic money transfers, which rely on batch settlement systems that can take several days for transactions to clear, to instant, or at least near real-time, payment systems. These new innovative payment systems ensure that beneficiaries receive their funds within seco...
13 May 2024 /payments /regulation
John Bertrand MD at Tec 8 Limited
Watching a televised rugby game, Leinster playing Northampton, at an Irish pub, The Long Hall, NYC, the bill if paid in cash would be discounted. On $100, savings could have been $3.00. Incentives, in the US cash are plentiful, for example, the price of gas (petrol) is lower at the pump when cash is used. Also, at the point of payment, the cust...
12 May 2024 /payments /regulation
Benjamin Thurlow
The world of business payments has been famously slow-moving. But things are currently changing fast. Driving this rapid evolution is a technology you might not expect: the business credit card. Also known as commercial card, this payment method has been around for years, with physical cards issued by employers for employees to use when purchasing ...
25 April 2024 /payments
Delia Pedersoli COO at MultiPay Global
Providing exceptional customer experience (CX) is paramount for success for any retailer in today’s difficult climate. As consumer behaviour shifts towards digital channels and convenience becomes increasingly important, retailers must adapt their payment methods in-store to meet these changing expectations and align with online. One such innovati...
27 March 2024 /payments /devops
Pete Lord CEO and Co-founder at Codat
Accountants are now playing a critical role in shaping the financial decisions of small and medium-sized businesses (SMBs). According to the 2023 Global Advisory Trends Report by Spotlight Reporting, 65% of accounting firms now consider themselves to be progressive or hybrid firms that offer substantial advisory services. Recognizing accountants'...
15 March 2024 /payments
When it comes to designing your website, it's crucial that you make your checkout page as convenient, simple, and seamless to navigate as possible for your customers. After all, the checkout page is where the rubber meets the road, you might say. That is, it's where customers ultimately decide to buy what you are selling. There are two types of ch...
26 October 2023 /payments /regulation
If there is one Indian innovation that has grabbed global headlines, it is undoubtedly the instant payment system UPI (Unified Payments Interface). In August 2023, monthly UPI transactions exceeded an astounding 10 billion, marking a remarkable milestone for India’s payments ecosystem. No wonder that UPI has not only revolutionized transactions in...
11 September 2023 /payments /inclusion
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