Payments strategies 2015-2020-2030

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

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 Industry Expert -CEO & Founder at DS Payments Ltd

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

Retired Member 

3 ways retailers can win shoppers and increase loyalty

The demands of today’s shopper can make a retailer’s head spin. They love shopping online, but are more likely to buy in-store, they hate queuing but won’t do anything about it. They see shopping as a social day out with friends, but they don’t want to chit-chat with sales associates. This is what we learned when we surveyed 2000 UK shoppers. ...

21 August 2017 /payments

Anthony Pickup Consultant at Capgemini Invent

Are the final pieces of the Cardless cash access jigsaw appearing?

There has been interesting news with a major banking platform offering Cardless Cash at ATM’s[1]. Having worked alongside the RBS project in 2006 to launch access to emergency cash in 2007 whist working on the Uk’s first Mobile Contactless trial. The Cardless cash services have developed from their initial launch in Turkey and in 2012 RBS launch...

14 July 2017 /payments