224 Results from 2016, /payments
Samee Zafar Director at Edgar Dunn Company
A noted historian once observed that history is nothing but the unfolding of miscalculation. If this is true, then the Indian Prime Minister Narendra Modi made history on November 8th when he ordered two large denomination banknotes to be withdrawn from circulation and replaced. No one doubts that criminals, corrupt officials, dodgy businesses,
28 December 2016 /payments /inclusion
Arnab Sengupta Founder & Chief Technology Officer at Cinnamon Pay (www.cinnamonpay.com)
Where we are today Things have not really caught up since the launch of Apple Pay and the subsequent introduction of Samsung Pay in the market. Is it because of the fact the consumers have gone past the initial “wow” factor of digital payments and returned to their usual behaviour of pulling out their bank credit card? Or is it that that the retai...
27 December 2016 /payments
Daniel Szmukler Director at EBA
One does not have to be a clairvoyant to see that digitalisation, open banking, PSD2 and instant payments will be high on the industry’s agenda in 2017. Consequently, these topics will feature prominently in the programme of next year’s EBAday and of the Summer and Winter School that the EBA will organise throughout the year to give participants f...
23 December 2016 /payments EBAday
Anthony Hynes Managing Director & CEO at eNett International
Major political and economic events across the world have seen currencies fluctuate dramatically – at times we saw the pound tumble to its lowest level in three decades. This volatility has become the new normal, making it increasingly difficult for travel companies to predict the final cost of a holiday months in advance. They are already operati...
23 December 2016 /payments
Vinod Sharma CTO - FinTech Domain at Econet Wireless Zimbabwe
Abstract – Journey from cash only transactions to less cash and thereafter if possible moving to cashless or digital money society. This journey looks very simple in textbooks or written on blogs or papers but ground reality can be very different. Along this trip people suffer tremendous setbacks, difficulties, mental pressure, harassment, starvin...
19 December 2016 /payments Innovation in Financial Services
Jason Mace Managing Director at Gala Technology
When historians look back on 2016 I suspect it will be viewed as something of a watershed year. It will be remembered for the year of Brexit, the year of Trump, and for growing numbers of business owners, the year of fraud. For many business owners, it’s not just the consequences of being left red faced and empty handed that makes fraud such an e...
15 December 2016 /security /payments
Retired Member
To win and retain customers, retailers and providers of consumer credit compete to offer a hassle-free customer experience. This means efficient checkout processes from retailers and fast and efficient risk decision as part of smooth and simple credit and lending processes from consumer finance providers. The big spend The festive spending spree is...
15 December 2016 /payments /retail
Most of the lower or middle income group families in India has only one member earning for the family, but almost everyone in the family has a role to spend for various expenses. This case is more relevant for migrant worker’s family. Housewife need to pay for groceries, milk, etc., other dependants (elders, teens) may need to pay at vegetable sho...
15 December 2016 /payments /inclusion
Anthony Walton CEO at Iliad Solutions
If you’re on the Board of Directors in an organisation which handles payments, I suspect you will have broken out into a cold sweat at the thought of a systems failure. Alternatively, you may have been in a meeting where a project has overrun (again) or needs more money to achieve completion. These are all unwanted events. The result is huge reduc...
14 December 2016 /payments
The Clearing House (TCH) has announced its plans for a real-time payments initiative for the U.S. The Real-Time Payments (RTP) system, scheduled to go live in April of 2017, will support the sending and receiving of credit transfers, requests, remittance advices and non-transactional messages across the network in real-time in a 24x7x365 processin...
13 December 2016 /payments Innovation in Financial Services
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