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Contactless was position as Frictionless payment experiene by biggies (pre COVID stage agenda was to sale frictionless for low value and later post COVID it is contactless as situation poised to support0 :)

We can clearly see users going back to less than 50 pound limit even though limit is increased.

Why Disaster Recovery was not invoked as services were down for mroe than 10 hours? 

If disaster recovery site also was not working to create such large outage window, hope bank will rationalise on it's DR BCP strategy.

Some of the payment technology experts and bankers leaving Russia is not surprise as Russia faced embargos from rest of the world as external support to the war. These experts dwell in global scenario which no longer existed.

Just wanted to share one thing about significance of Cash in war situation where most of the bank's IT systems, telecom network, supermarket POS machines/checkouts has gone haywired leaves for common people on street to use cash :)

Experts like you will be needed to your country to build next generation payment system in peace time (Pray that it comes sooner) post war.

Surprise to see 75% customers getting ' Fun' from Fintech and not from Bank - Customer experience as far banking goes is simple for banks to win 'Help manage my wealth/money' = Value that bank can deliver.

Essilor is right in pointing out JP Morgan's weakness in fraud and risk management that pointed correctly.

BNPL growing 100% growth for next three years is too superficial projection to arrive it such large projection.

It seems System must have been roll back and old batch of transaction posting got re-posted :) Poor Chap who did such recovery / roll back at cost of his job :)

Increase in acquiring fee for UK shoppers for VISA card purchase is collateral damage of Brexit and more of business call whether VISA and Amazon like to create more inconvenience to VISA card holders and thus the issuers i.e. banks in UK issuing cards are getting affected.

Solution can be as simple as VISA and Amazon ask banks to issue co-branded VISA cards which will have low processing fee :)

2018 - 2019 was the only time available to ING for leveraging the business and decide further action for growth but I feel it's pandemic which did not allow to build further growth story.

By the time, ING come out of scams and throw away loss making part they did not left with anything.

Wirecard had several good technology platform which were acquired but surprise to see PayVision closing down with those technology innovation.

Strange decision from becoming warrior with weapons to become weapon merchat :)