Community
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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John Bertrand MD at Tec 8 Limited
A consultation by the PSR (Payment Systems Regulator) to PSP(Payment System Provides)/Banks to prevent Authorised Push Payment Scams (APP) at source and to provide better support to the victims is underway. APP scammers use Faster Payments as their payment channel of choice, 80% of APP fraud. To do so scammers need a bank account. Contingent Reimbu...
08 April 2021 /retail /crime
Abigail Vaughan COO at Zellis
The past year has seen organisations of all sizes forced to adapt to uncertain times. Industries have had to become more agile as situations changed rapidly and new restrictions on work were coupled with a sharp economic downturn. One area where increased agility has been vital has been in organisations’ payroll processes. So just how have busines...
22 March 2021 /payments /people
Helen McHugh Business Development Manager at Transact Payments Ltd
The payments ecosystem is a complicated multi-layered pathway of entities – which can include a BIN sponsor (issuer), processor, programme manager, card bureau, scheme (for example such as Visa or Mastercard), and acquirer – each one reliant on one another to fulfil their role successfully and securely in the transaction. An environment in continu...
18 March 2021 /payments /startups
Retired Member
A lot is being documented on how COVID has accelerated the digital banking and transformation agenda, as more remote channels have become the norm for everyday banking. Similarly, the pandemic has also had a very profound effect on payments, and ironically it is the way in which cash is used that is driving how future trends will shape up. For sev...
19 February 2021 /payments
Chinmay Jain Chief Technology Officer at WLPayments
Payment orchestration is a hot topic in digital payments and needless to say, it has become even more relevant during the COVID-19 pandemic. Essentially, a payment orchestration platform can help businesses scale faster, remove the complexities from their payments and optimize their payment flows. All of this sounds great, but naturally, most deci...
18 January 2021 /payments
The surge in electronic transaction volumes in 2020 was driven by the switch to contactless card payments and the increase in e-commerce, triggered by the behavioural changes of consumers faced with the COVID19 landscape. Sudden, unpredicted increases in transaction volumes frequently cause problems in the payments infrastructure. The perceived ...
07 January 2021 /payments /cloud
Joris Lochy Product Manager at Intix | Co-founder at Capilever
The Corona crisis has led to an exponential decrease in the usage of cash, due to the associated hygienic problems and the enormous rise of eCommerce. While in commercial transactions cash is disappearing rapidly, it is however still commonly used for informal money exchanges, like between friends, family, colleagues…, but also those payments are ...
01 December 2020 /payments
Chris Principe CEO at APB, Inc.
Who can it be now? Who can it be knocking at my door? Go 'way, don't come 'round here no more. Who can it be now? These 1981 lyrics of Men at Work foretold the usage of Facial Recognition (FR) today. The changes brought on by the great pandemic of COVID-19 have given governments a justifiable reason for the increase of CCTV cameras using FR technol...
30 November 2020 /payments /crypto
Christian Spaltenstein Managing Director at AFEX Americas
The strategic necessity for digital transformation has been on the rise as businesses are now realizing its importance to effectively automate day-to-day processes. According to SmartBear’s ‘State of APIs’ report, API traffic is growing 2.8 times year-over-year. With API technology, organizations are now able to cut operational costs, secure profi...
05 November 2020 /payments /inclusion
Scott Lane Business Development Director at MobiCash
When we talk about mobile payment apps, many think of a mobile wallet app – one you can use to pay for goods and services with merchants who accept mobile payments. Mobile wallets can often offer different options within the payment process, such as the choice of different source cards or accounts, using NFC or QR codes to create a quick, easy pay...
03 November 2020 /payments
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