4913 Results from /payments
Ruchi Rathor Founder at Payomatix Technologies
Trends in Financial Services and the Role of AI The financial services industry is undergoing a profound transformation, driven by rapid technological advancements, changing consumer expectations, and evolving regulatory landscapes. Among the various technologies reshaping this sector, Artificial Intelligence (AI) stands out as a key driver of inn...
28 August 2024 /ai /payments Trends in Financial Services
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
For many companies today, the question is no longer "Should we migrate to the cloud?" but "What should we migrate, and how quickly should we do it?" By understanding the challenges involved in large-scale cloud migrations, businesses can create more effective implementation strategies and avoid common pitfalls such as security...
27 August 2024 /payments /retail Banking Strategy, Digital and Transformation
Abhinav Paliwal CEO at PayNet Systems- A Neo Banking Software Platform
Omnichannel in financial services means delivering a unified and seamless customer experience across all channels, such as mobile apps, websites, customer service hotlines, and in-branch visits. According to the 2021 World Retail Banking Report by Capgemini, nearly 80% of consumers expect an omnichannel banking experience, highlighting the growing ...
26 August 2024 /payments /inclusion Financial Services Regulation
Alexander Boehm Chief Executive Officer at PayRate42
The online gambling industry, particularly the high-risk segment of online casinos, has long been a contentious area fraught with legal, regulatory, and ethical challenges. The boundaries between legality and illegality in this sector are often blurred, making it a difficult landscape for both operators and the payment processors that serve them. ...
24 August 2024 /payments
Paula Hunter Executive Director at Mojaloop Foundation
In the world of financial technology, the terms instant payment systems (IPS) and inclusive instant payment systems (IIPS) are both used to refer to digital financial transfers that allow the recipient to use the money within seconds. Though they share similarities in offering rapid financial transactions, their core objectives and impacts differ ...
23 August 2024 /payments /inclusion Financial Inclusion
Kyrylo Reitor Chief Marketing Officer at International Fintech Business
Mastercard is more than a payment processor; it's a strategic ally for businesses aiming to expand their reach, enhance customer satisfaction, and optimize operations. Key Benefits of Mastercard Integration: Global Market Access: Tap into a vast customer base across the world, increasing your revenue potential. Unparalleled Security: Safeguard yo...
23 August 2024 /payments /wholesale Banking
Jamel Derdour CMO at Transact365 - www.transact365.io
Thailand is undergoing a transformative digital revolution. This shift is reshaping the financial landscape of the country, enhancing convenience for consumers, boosting business efficiency, and driving economic growth. As Thailand continues to embrace the digital era, the proliferation of digital payments marks a significant step towards a cashle...
20 August 2024 /payments /markets Asia Financial Services
Retired Member
Introduction In the ever-evolving landscape of cybersecurity, a new challenge looms on the horizon: quantum computing. While this technology promises revolutionary advancements in various fields, it also poses a significant threat to our current encryption methods. Enter quantum-safe cryptography, the next frontier in securing our digital world
20 August 2024 /payments /regulation Banking Strategy, Digital and Transformation
Francesco Fulcoli Chief Compliance and Risk Officer at Flagstone
The Payment Systems Regulator (PSR) is implementing a groundbreaking reimbursement policy to tackle the growing menace of authorised push payment (APP) scams. This new requirement mandates payment service providers (PSPs) to reimburse victims of APP scams, marking a significant shift in consumer protection and industry responsibility. By embedding...
19 August 2024 /payments /crime Fintech
John Bertrand MD at Tec 8 Limited
The Financial Times last week reported strong industry resistance to the incoming mandatory reimbursement to bank fraud caused by authorised push payment (APP) fraud. This is understandable as banks since 2015 have not refunded 50% of the reported amounts scammed and now are mandated to refunding 100% of the customers money. A serious recurring an...
19 August 2024 /payments /regulation The future of Payments in Europe
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