362 Results from 2021, /payments
Nikunj Gundaniya Product manager at Digipay.guru
If you have been accepting card payments in your business, a POS terminal is not something new for you. A POS comprises one touch screen monitor, CPU, and auto-locked cash counter, card-swiping device, and telephone line. While this traditional POS system works well in accepting card payments but it also have some disadvantages too. Today, you nee...
01 June 2021 /payments Mobile Financial Services (MFS)
Mathew McCullough Chief Commercial Officer at Cymonz
The International Payments industry is being disrupted. High growth new technologies and payment methods were high pre covid. However, Covid has seen an explosion in this growth. Many banks and other providers were well behind in addressing digital customer experiences, automated regulation and compliance and straight-through payment processes. Ba...
31 May 2021 /payments /wholesale Banking Strategy, Digital and Transformation
Praveen Sharma Head, Banking and Financial Services Practice-N.A at Virtusa
In 2020, the Federal Reserve along with the Small Business Administration (SBA) approved $523 million in Paycheck Protection Program (PPP) Loans and then tasked banks with distributing the money. [1] This lending continued earlier this year when an additional $35 billion was loaned to businesses. The 28 million small and midsized US businesses (...
27 May 2021 /payments /wholesale Banking Strategy, Digital and Transformation
Jaime Lowe Sales Director at UTP Group
The rapid roll-out of the UK’s Covid vaccination programme, with over 60 million administered doses to date, means that for many of us, life can begin to resemble something close to normal. This is a remarkable achievement and gives hope that at long last, this agonising and tragic period of our history may be finally drawing to a close. For busi...
26 May 2021 /payments /retail Payments strategies 2015-2020-2030
Retired Member
In the UK, about 55 million individuals and six million businesses have a bank account. Roughly 85% of these accounts are held at just four banks, and over 95% are held in the eight largest banks. Such is the depth of UK financial services, these eight banks are only the tip of the iceberg. The Bank of England’s most recent (May 2021) list shows 15...
26 May 2021 /payments /regulation
This blog was co-authored by David Feltes, Managing Principal, Mark Profeti, Principal Consultant and Edward Pease, Consultant at Capco Crypto assets continue to dominate the conversation about the future of currencies, payments and fiscal policy. The Bank of England and UK Treasury’s decision to explore the potential for a UK central bank digital...
26 May 2021 /payments /crypto Cryptocurrency Insights
Joris Lochy Product Manager at Intix | Co-founder at Capilever
A very hot topic at the moment are the so-called CBDCs, short for "Central Bank Digital Currencies". These are the recent reply of central banks to the continuing success of crypto-currencies like Bitcoin and Ether(eum). After the unsuccessful attempts of several governments to restrict or even ban these crypto-currencies, there is more ...
26 May 2021 /payments /inclusion Cryptocurrency Insights
Daumantas Barauskas CEO at Genome.eu
The internet is great, no doubt about it. Millions of people can’t imagine their day without using it at least once. Sadly, as soon as people get cozy with something, they are more prone to slipping into dangerous situations. And online, one of the biggest dangers is data breaches. The news of massive information breaches became common, especial...
24 May 2021 /security /payments Banking Strategy, Digital and Transformation
Denys Kyrychenko CEO & Co-founder at Corefy
The coronavirus pandemic has radically transformed our way of life. It affected almost all aspects but especially stimulated the development of e-commerce. The Visa Back to Business Study reports that contactless payments have become a driving differentiator: if all other factors were equal (price, selection and location), nearly two-thirds (63%) ...
24 May 2021 /payments /markets Fintech
Pj Rohall Fraud SME at Featurespace
Money mules are a hot topic in fraud prevention circles these days. But wait a minute, isn't that more of an AML issue? I mean the literal definition of money laundering is "concealing the origins of illegally obtained money". That's money muling to a T. However, when you look across the lifecycle of muling activity, it becomes more comp...
24 May 2021 /payments /crime Financial Risk Management
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