385 Results from 2023, /payments
David Hensley Founder at Enryo Limited
Super apps are mobile applications that offer a wide range of services, including messaging, social media, e-commerce, and financial services. They are becoming increasingly popular in Asia, where they have already become essential tools for everyday life. For example, the Chinese super app WeChat is used by over 1.2 billion people to send message...
25 September 2023 /payments /inclusion Imagine a world without cash
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
Voice authentication technology is gaining momentum across various consumer-driven sectors, potentially rendering your voice as your future password. Global Voice Recognition Market Overview In 2020, the global voice recognition market boasted a valuation of $9.27 billion, a figure expected to surge to $27.16 billion by 2025, with a compound annua...
20 September 2023 /payments /retail Banking Strategy, Digital and Transformation
Kanika Hope Chief Strategy Officer at Temenos
Kanika Hope, Chief Strategy Officer, Temenos The success of open banking is pivoted on the tangible business value delivered to end-customers whether they are retail consumers or small to medium enterprises (SMEs) or larger corporates. Open banking was first adopted by retail banks but also has great potential in the corporate and SME banking sect...
19 September 2023 /payments /sibos Open Banking
Galit Shani-Michel VP Payments at Forter
Now that the first draft of the proposed PSD3 regulation has been released, there is a significant amount of interest in data sharing between banks and third-party organisations. PSD3, in its current guise, raises several questions around its impact on online credit card payments, fraud, and conversion rates. Yes, the draft proposal addresses fou...
19 September 2023 /payments /regulation E-commerce
Maysam Rizvi CEO at Elifinty
In recent years, there has been a continual rise in base rates, which began in December 2021 and is expected to continue into 2024. At first glance, these increases appear as calculated policy decisions designed to slow down demand for goods by increasing the cost of borrowing whilst incentivising people to save. However, in the real world, these...
18 September 2023 /payments /inclusion Banking Regulations
Financial inclusion is the ability of individuals and businesses to access affordable and appropriate financial services. It is essential for economic development and poverty reduction. However, billions of people around the world remain unbanked or underbanked, meaning they do not have access to formal financial services. Digital wallets are a ty...
18 September 2023 /payments /inclusion Imagine a world without cash
Kevin Greene CEO at Tassat
Real-time payment networks work around-the-clock and offer many benefits, from flexibility to security. Instantaneous payments are already bringing vast improvements to the financial services ecosystem, as traditional payment methods like checks or ACH transfers have historically been inefficient and carry an increased risk for fraud incidence. Th...
15 September 2023 /payments
Naina Rajgopalan Content Head at Freo
For any Indian travelling to any part of the world, shopping is a must, and using other payment modes can sometimes be a headache. But now, for Indians, it is easy to enjoy the benefits of UPI (Unified Payments Interface) outside India. The Unified Payments Interface (UPI) has emerged as a prominent payment system in India, with no charges or minim...
15 September 2023 /payments Banking
Eli Talmor CEO at ID-Bound
Introduction. Many people and businesses sell products through social media platforms. It's a common practice and can be quite successful. To get started, you'll typically need to create a business profile or page on the platform, showcase your products, engage with your audience, and set up a way for customers to make purchases, such as through a...
15 September 2023 /payments /crime E-commerce
Retired Member
The traditional payments processing model for account-based payments is under unprecedented strain amid diminishing profit margins, increasing competition from fintechs, and rising costs. These challenges are only set to compound in a fragmented ecosystem marked by economic and geopolitical uncertainty, increasing regulatory demands, and rapidly e...
14 September 2023 /payments /sibos Banking
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.