402 Results from 2024, /payments
Kyrylo Reitor Chief Marketing Officer at International Fintech Business
In the landscape of fintech, electronic money institutions (EMIs) are authorized to issue electronic money (e-money), which is a digital alternative to cash, stored on electronic devices or remotely at a server. As fintech continues to disrupt traditional banking, EMIs are at the forefront, facilitating seamless, innovative financial services. An ...
25 September 2024 /payments /wholesale E-commerce
Darya Lyhach PR manager at Noda
The rise of e-commerce has revolutionised how we shop, sell, and manage transactions. Yet, with this evolution comes a darker reality — online fraud. As more consumers embrace digital payments, fraudsters are increasingly sophisticated in their attacks, making e-commerce fraud one of the most pressing issues for businesses today. In this art
24 September 2024 /payments /crime Fintech
Kunal Jhunjhunwala Founder at airpay payment services
India has positioned itself as a leader in digital payments in recent years, driven by a conducive environment and the introduction of innovative products by payment service providers (PSPs). The nation boasts a significantly high rate of digital payment adoption compared to other countries, with transaction values increasing from INR 71.97 billio...
24 September 2024 /payments /inclusion Frictionless Payments
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
As the digital payments landscape rapidly evolves, user experience (UX) design has become a crucial factor in differentiating financial institutions. Customers now expect seamless, intuitive, and personalized experiences that not only simplify transactions but also provide value through insights and ease of use. In this article, we explore key UX
23 September 2024 /payments /retail Innovation in Financial Services
Lissele Pratt Co-founder at Capitalixe
SWIFT handles +44 million transfers, also called encrypted messages, daily. It is the most used system to transfer funds globally. Whether you're a finance professional or simply someone who occasionally sends money abroad, understanding SWIFT codes is important. In this article, you can explore the ins and outs of SWIFT codes, how to fin
23 September 2024 /payments /retail Banking
Gary Singh President at Zeta Services Inc
Despite the proliferation of digital banking apps, the banking industry still runs almost half its systems on a 1950s programming language, which makes it difficult for financial institutions to innovate quickly. Beyond being old and rigid, COBOL (Common Business-Oriented Language) carries overlooked risks, making it a potentially unacknowledged c...
23 September 2024 /payments /cloud Banking Strategy, Digital and Transformation
Retired Member
SWIFT: tradition and security in global money transfers SEPA: European ease for business TARGET: big money, fast and secure Instant payments: the fastest path to a more efficient business Correspondent banks: the foundation of the global financial network The impact of technology and future prospects Visa B2B Connect: global B2B payments through a
23 September 2024 /payments Banking
Nikunj Gundaniya Product manager at Digipay.guru
As a hotеl businеss, providing a sеamlеss and convеniеnt paymеnt еxpеriеncе for your guеsts is crucial in today's fast-paced digital world. With thе risе of contactlеss and mobilе paymеnts, it is еssеntial to stay ahеad of thе curvе. And еmbracе modеrn solutions that not only strеamlinе your opеrations but also еnhancе thе ovеrall guеst еxpеr
Steve Morgan Banking Industry Market Lead at Pegasystems
Agile technology can help financial services organisations streamline backend operations and quickly adapt to market changes, which all works to improve customer experiences. But how can this technology help banks pivot to compete on lending? Streamlining backend operations First and foremost, financial institutions must audit their backend operat...
19 September 2024 /payments /retail Banking Strategy, Digital and Transformation
Remittance services generally include high transaction volumes, which can generate significant revenue for banks. If you manage a bank, the offset costs of offering these services can provide you with a stable source of income over time. By offering remittance services, you can build customer loyalty and trust. This can lead to repeat business a
19 September 2024 /payments /inclusion
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