362 Results from 2021, /payments
Sean Salloux CEO at Sentinel Digital
Plans for CBDCs are at varying stages around the world, but why are central banks taking a renewed interest in digital currency? With the use of physical cash dwindling, particularly after a year of lockdowns, interest has turned to central bank digital currencies (CBDCs) once more. Over 60 central banks have been looking into CDBCs since 2014, wit...
21 July 2021 /payments /crypto Fintech
Nikunj Gundaniya Product manager at Digipay.guru
Financial technology also known as FinTech has become an essential part of the contemporary world. With a huge number of users making online transactions and complexities involved in almost every business, financial solutions have become a necessity. These robust digital fintech solutions have proven their worth by delivering the desired output to ...
20 July 2021 /payments /startups
Amanda Mickleburgh Director Product - Merchant Fraud at ACI Worldwide
The success of Amazon’s recent Prime Day - this year over 250 million items were sold worldwide - typically results in many other merchants promoting similar sales events. With many merchants hoping the marketing strategy works out for the best. Unfortunately, this presents a multitude of challenges. Not just the need to prepare well in advance fo...
19 July 2021 /payments /crime Exposing Financial Crime
Pavlo Farb Security Engineer at Cossack Labs
Facing a blend of old and new regulations, fintech companies, neobanks, and banks-as-a-service use application-level encryption (ALE) to encrypt transaction data, PII, and data sensitive with payments and accounts context. What Pro’s and Con’s application-level encryption has compared to the traditional database data-at-rest encryption? First, nowa...
19 July 2021 /security /payments Digital Banking Trends
Retired Member
Consumer perceptions and requirements have evolved, and people now look for immediate personalised payments updates. B2C payment technology has seen huge growth over the past decade with the invention of mobile wallets and new point of sale providers. The same cannot be said for B2B paytech - many businesses still rely on a physical paper trail an...
19 July 2021 /payments /markets
Ian Smith Finance Director at Invu
- The majority of finance-decision makers admit to still printing out supplier invoices - New research has shown that UK Finance departments are failing to keep up with the times. The majority of UK Finance decision-makers (85%) have admitted to having an accounts payable process that sometimes requires supplier invoices to still be printed out, ev...
19 July 2021 /payments /people Banking Strategy, Digital and Transformation
Toine Van Beusekom Strategy Director at Icon Solutions
The number of banks identifying payments data monetisation as a key strategic priority has doubled in the past two years. The growth of real-time payments (RTP), ISO 20022 migration and open banking regulations have provided the carrot, while thinning margins and intense competition from fintechs have provided the stick. Yet, it is clear that bank...
16 July 2021 /payments
Abhinav Paliwal CEO at PayNet Systems
1 out of 5 people on the planet already use Whatsapp. Not only does this messaging app has a massive reach, but it has also managed to make people hooked onto its platform. It’s great to have mobile apps and web financial services, but people don’t visit those channels as often as they visit their Whatsapp. Hence to constantly stay on their mind fo...
16 July 2021 /payments /retail Millennial Banking
Maxime Mandin Investment Director at BlackFin Tech
A current overview of one of the hottest sector in Fintech If we had to name one fintech sector that benefited from the pandemic crisis, it would definitely be Payment. With the shift towards an economy that relies much more on online interactions, online payments have increased a lot since 2020. According to Business Insider, “the coronavirus pa...
15 July 2021 /payments /predictions Fintech World
Dean Wallace Director of Consumer Payments Modernisation at ACI
The world is changing, and so are the ways we pay. From food and clothes, to fuel and everything else needed for daily life, consumers are making more and more digital payments than ever before. And it seems we are well on our way towards becoming a truly cashless society. Last year saw 3.2 billion mobile wallet transactions made in the UK, a Year...
15 July 2021 /payments /inclusion The future of Payments in Europe
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