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Payments systems visions, strategies, trends, pilots, forecasting, and planning for the short-, medium-, and far-term.
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Akhil Rao Director at Nth Exception
Major transformations in payments and settlements have occurred in generations. The first generation was paper-based. Delivery times for payment instruments took several days domestically and weeks internationally. The second generation involved computerization with batch processing. Links between payment systems were made through manual or file-b...
06 September 2021 /payments
Christoffer Hernæs Advisor and investor at Hernæs Consulting
It has been a decade since I first embarked on my journey down the payments rabbit hole. Since then, the predicted disruption of payments as we know it has proven to be more of an evolution than a revolution. With that in mind, even though there have been massive shifts in the payments space, the most exciting times are yet to come. Here are seve
Gabe McGloin Head of Business Development EMEA at Verifi at Verifi Inc
Everyone wants the transaction to happen Online payments are evolving toward ensuring every card-not-present (CNP) transaction is a dependable, secure, and seamless experience for the customer. And rightly so, as e-commerce retail sales rose by over 32% in 2020.1 Just to authorise and authenticate a cardholder’s purchase requires data retrieval fr...
28 July 2021 /payments /crime
Abhinav Paliwal CEO at PayNet Systems
According to Finaria.it, the global digital payments industry is expected to hit $6.6 trillion in value in 2021. The sector was valued at $5.4trn value in 2020. Before COVID 19, the industry was growing at a 16% YOY increase, but once the pandemic hit, the pace expedited to over 22%. In the next four years, the digital payments market is set to re...
22 June 2021 /payments
Amita Choudhary Marketing Manager at Princeton Growth Accelerator
There is a whole range of mobile payment options out there, with contactless payments made using smartphones and smartwatches being among the most popular alternatives. And while these solutions offer obvious advantages to users, they can do a lot to help the daily operations of a business as well. Here are some of the business advantages provided...
17 June 2021 /payments
Abigail Vaughan COO at Zellis
Payroll is arguably the single biggest source of highly valuable, yet underutilised data in any organisation. It can act as a detailed barometer for workforce trends, helping organisations to understand and optimise their employee experiences and ultimately drive better business outcomes. According to the 2020 Future of Payroll report from the CIP...
10 June 2021 /payments
Jaime Lowe Sales Director at UTP Group
The rapid roll-out of the UK’s Covid vaccination programme, with over 60 million administered doses to date, means that for many of us, life can begin to resemble something close to normal. This is a remarkable achievement and gives hope that at long last, this agonising and tragic period of our history may be finally drawing to a close. For busi...
26 May 2021 /payments /retail
Jussi Karjalainen CEO at Valtatech
Accounts payable (AP) automation is hot right now – a simple search for “AP automation” returns over 80 million results. In fact, a recent report identified that for many, especially in the enterprise space, automating and optimising procure to pay processes has become their highest, near term priority. Surprised? You should not be. The pandemic t...
13 May 2021 /payments /cloud
Retired Member
As anyone involved in product development will tell you, the push towards instant, more transparent cross-border payments is growing stronger with every day that passes. SWIFT’s ‘Global Payment Initiative' (gpi) is one of the more recent innovations that has real potential in helping businesses realise this goal. By connecting every party in the p...
13 May 2021 /payments
Greg Sassone SVP Business & Partner Growth, Corp Payments at WEX
Commerce is global and customers not only have large domestic footprints but also increasingly global operations and pay supply chains. As business footprints increase, industries are becoming crowded, more competitive, and brands are fighting for space in their own sector. In the fight for space, the integration of financial services into non-fin...
12 May 2021 /payments
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