4685 Results from /payments
Dmytro Spilka Director and Founder at Solvid, Coinprompter
Reports of the death of brick-and-mortar retail have been greatly exaggerated, it would seem. Following strong signs of post-pandemic growth, retail stores are readying to transform the shopping experience for customers all over again, thanks to advances in fintech. This decade has already seen brick-and-mortar stores outgrow their eCommerce count...
45 mins /payments
Kyrylo Reitor Chief Marketing Officer at International Fintech Business
Securing an Electronic Money Institution (EMI) license in the European Union is a pivotal move for businesses wanting to offer electronic payment services. This license not only boosts a company's credibility but also allows it to operate across all EU member states. Here’s a streamlined overview of the licensing journey. 1. Grasp the Regulatory ...
3 hours /payments /regulation Electronic Bank Account Management
Maya Kumar EVP at Banked
Card payments and innovative payment processors have had a truly transformative impact on global financial inclusion, enabling entire economies to transition from cash-based payments to digital alternatives and facilitating the proliferation of e-commerce. Bank payments were slow to adapt to the Internet revolution. However, through regulatory ini...
3 hours /payments /inclusion Innovation in Financial Services
Santosh Radhakrishnan Chief Commercial Officer at XYB Limited
The financial services industry is undergoing a significant transformation driven by rapid technological advancements, changing customer expectations, and increasing regulatory pressures. At the heart of this transformation is the evolution of core banking systems, the backbone that supports the operations of banks and financial institutions. H...
17 September 2024 /payments /retail Banking
Tushar Chitra Vice President, Product Strategy and Marketing at Oracle Financial Services Software
With the National Payments Corporation of India’s (NPCI) launch of UPI Circle on 13 August 2024, India’s hugely successful digital payments market, which is a thriving example of how digital transformations can impact a nation’s economy at a massive scale, is going to witness yet another seemingly simple but potentially disruptive feature: Deleg...
16 September 2024 /payments /retail
Lars Frösslund Head of Strategy & Transformation at SkySparc
The new Instant Payments Regulation (IPR), effective April 8, 2024, mandates that European banks and payment service providers offer instant euro transfers at the same cost as regular transfers, with full implementation deadlines set for January 2025 for Eurozone banks. This regulation requires payments to clear within 10 seconds, 24/7, impacting ...
16 September 2024 /payments /regulation
Marcus Martinez Industry Advisor, Worldwide FSI at Microsoft
The financial landscape is on the cusp of significant transformation, driven by regulatory advancements and technological innovation. The forthcoming Payment Services Directive 3 (PSD3) promises to reshape the payments industry, fostering greater competition and enhancing consumer protections. Simultaneously, Generative AI is making inroads into B...
16 September 2024 /ai /payments
Craig Ramsay Managing Director, Business Development Head, EMEA at Episode Six
The period of “transformation” in banking is over. We are now in an era of “agility and flexibility,” driven by relentless technological advancements, fierce competition and the demands of digital-savvy customers. Traditional banks find themselves at a juncture, balancing the proven reliability of their legacy systems with the need for agility. In...
16 September 2024 /payments /retail Frictionless Payments
Ruchi Rathor Founder at Payomatix Technologies
Real-time payments (RTP) are emerging as a key innovation with the potential to revolutionize how money moves between individuals, businesses, and governments. Real-time payments enable instant money transfers between bank accounts, 24/7, providing immediate availability of funds to the recipient. With rising consumer demand for speed and convenie...
15 September 2024 /payments
Nkiru Uwaje Chief Operating Officer at Mansa
The tokenisation of financing, or in plain language the provision of real-world loans using blockchains, is a shining example of the utility of blockchain technology. This financial revolution is slated to boost accessibility, efficiency and transparency throughout the financing ecosystem, but few understand the technology enabling this shift. W...
12 September 2024 /payments /crypto Innovation in Financial Services
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