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Frictionless Payments are becoming more and more common. They were firstly introduced by Braintree and adopted by Uber. Since then use cases became more complex, security requirements also got tougher but the user experience (UX) requirements remain unchanged. In fact UX is the main driver of Frictionless Payments. Let's discuss more about Frictionless Payments in this group and try to draw a future scenarios of their development and adoption.
Propelled by the pandemic, consumer demand for digital financial services has begun to soar. With stores shutting down across the country and consumers forced to buy online, many businesses and consu...
As the dust settles following the final implementation deadline for SCA (Strong Customer Authentication), there is greater motivation than ever for UK businesses to explore alternative online payment ...
New technology is a strange beast. When it doesn’t exist, we dream of it and when it does exist, we cannot imagine what life was like without it. Sometimes it hits you in the face like a lightbulb mom...
Central bank digital currencies (CBDC) are often mentioned as a key motivation for the rise of a cashless society. As Sweden’s central bank, Riksbanken, discusses in its paper, The Riksbank’s e-krona ...
There’s no doubt that both Omicron and the crisis in Ukraine are having impact on both travel and trade. Global trade, payments and expenditure patterns both for retail and corporate clients will cont...
The ability to make better quality decisions while streamlining costs is driving payments digitalisation in the lending sector. Gone are the days when a level of imperfect reconciliation is ‘normal’, ...
Let me tell you a true tale of modern digital customer experience for bank customers. A colleague is an avid user of his banking app from a major retail bank. It lets him do everything he needs so he ...
Much has been made about how the secret to successful strong customer authentication (SCA) is in the details — the exemptions, the exclusions, the version of 3DS in play. But one other detail, one vit...
By now everyone should be aware of Digital First banking. Its ability to enable both physical and digital card issuance, real-time card management or secure, straightforward free online payments, show...
With new consumer behavior embracing more digital banking, the capabilities of borderless and contactless payments are becoming more well known, especially in Latin America. Consumers in LATAM are se...
Transitioning to 3DS2 entails many benefits when compared to 3DS1, such as frictionless flow, enhanced security, and improved mobile device compatibility. However, its implementation can be a cumberso...
At my current company Monizze, we issue social vouchers, like meal, eco and gift vouchers. These vouchers are consumed using a specific Monizze payment card via a physical terminal. As a result, I com...