Payments strategies 2015-2020-2030

Payments systems visions, strategies, trends, pilots, forecasting, and planning for the short-, medium-, and far-term.

Rolf Hauge CEO at Commercial Banking Applications (CBA)

Ready for real-time payments? How about real-time banking?

As banks examine their readiness to deliver on the potential of new real-time payment schemes and meeting customer expectations for an ‘always-on’ service, it’s an ideal time to consider not only real-time payments, but also the full potential for real-time banking. Banking and payments are intrinsically linked – all banking activity (aside from m...

11 June 2018 /payments

Jared Ronski Co-founder at MerchACT

Evolving Payments in the Era of IoT

The Internet of Things (IoT) – once a buzzword – is now becoming a reality. As we approach a staggering 31 billion connected devices worldwide within the next two years, retailers are wondering how to edge in on this new technology to increase revenues. Retailers that have already bought into this technology as a way to sell are enjoying a myriad...

14 May 2018 /ai /payments

Retired Member 

Customer personalisation: What do shoppers actually want?

Much like the British weather so far this year, the forecast for British retail in 2018 is mixed. We’ve seen reports of store closures and job losses, but it isn’t all doom and gloom; shopping centre owner Hammerson has just reported a strong start to the year despite ongoing challenges for the high street. There are reasons to be optimistic. To q...

09 May 2018 /payments

Ward Hagenaar Head of Consulting - Co-Founder at PaymentGenes

Will a PSD2 based initiative from the airline sector drive sales and reduce costs?

This remains to be seen. IATA and Deutsche Bank launch a PSD2 based initiative focussed on potential cost reduction with card payments in the airline industry. Certainly an interesting move by International Air Transport Association (IATA) and Deutsche Bank. It could increase pressure on the payments industry regarding costs, innovation and will l...

07 May 2018

Domenico Scaffidi Payments Business Development Director at Volante Technologies

The Next Stage Real-Time Evolution is Here

Fragmentation resulting from multiple Pan European Immediate Payments schemes is a challenge but solutions exist We are facing a proliferation of Pan EU Instant Payment Services in Europe. Most industry players and experts are aware of the dangers of fragmentation and the reasons why this issue needs to be addressed. Even though the new schemes ...

08 April 2018 /payments

Sadra Boutorabi Product Marketing Director at GPayments

Why Biometric Identification is the Future for Online Payment Authorisation

Thanks to the increase in mobile technology and online shopping in recent years, the need for simple and secure online payment methods has become an important issue. With our newfound freedom of being able to purchase pretty much anything imaginable from the comfort of a mobile device, there comes a significantly increased risk of identity theft ...

22 March 2018 /security

Jeremy Light Co-founder at Fourdotzero

The Atomisation of Payments Part 2

Payments are atomising… In part 1 of my blog on atomising payments, I explained how payments volumes are likely to expand 25 times or more in the future, resulting in trillions of new payments. In part 2, I explain a precedent for this atomisation and its implications, and what the payments industry needs to do. Precedent and Implications Ato...

09 October 2017 /payments

Bob Lyddon Consultant at Lyddon Consulting Services

UK NPA Blueprint, NPSO, PSF, UK Finance - a nuclear malfunction of governance and process

The Chair, CEO and initial board of the New Payment System Operator company have been announced, this “NPSO” being the organisation that will receive the tablets-of-stone of the UK Payment Strategy from the Payment Strategy Forum in December: the Blueprint for the New Payments Architecture or “NPA”. Seven individuals are named: Four of “the great...

06 October 2017 /payments

Manoj Kheerbat Founder and CEO at Gropay

Is the future of payments happening in India now?

Is the future of payments happening in India now? Forget cards, forget smartphones, in India it’s possible for a consumer to authorise and authenticate a payment with their fingerprint. Is this the future of payments? India ban on high denomination cash The recent ban on cash in India received a lot of press as the Indian government banned high ...

06 October 2017 /payments /inclusion

Martin Koderisch Manager at Edgar, Dunn & Company

Status Of EBAs 11 PSD2 Work-Streams - Yikes! Still so much to do !

PSD2 takes effect in Jan 2018 – in less than 4 months time and the EBA still has a lot of work to complete. Whilst the controversy around the RTS on Strong Customer Authentication & Secure Communications (SCA & SC) is well documented, the EBA has a total of 11 work streams to complete. This article provides an update on the current status ...

03 October 2017 /payments