362 Results from 2021, /payments
Konstantin Rabin Head of Marketing at Kontomatik
The year 2020 has shown that many changes in the financial market are having the spillover effect and influence other industries as well. The fact that the popularity of bitcoins or other cryptocurrencies were, led to the fact that people started admitting its advantage and start using it more widely. The major companies in the countries like the ...
08 April 2021 /payments /crypto
Cyril Lalo CEO at ellipse Inc.
Although 2021 is just over three months old, we are getting data about payment card fraud in 2020 and it suggests some interesting trends. For example, the number of credit cards for sale on the dark web increased to 45 million in the second half of last year. Given the increase in eCommerce during the pandemic, one would intuitively expect gre
06 April 2021 /payments /crime Dynamic Card Security Code, CNP & eCommerce Forum
Vivek Dubey Senior Manager at Capgemeini
The financial community of the world has traversed into an era of electronic transactions. It is estimated that only about 8% of the world’s currencies exist in physical form, the rest is stored as digits inside computer memories. Fintech is the “fusion of finance and technology”. It is a relatively new branch of business sciences that focuses on ...
02 April 2021 /payments /startups Fintech
Gabe McGloin Head of Business Development EMEA at Verifi at Verifi Inc
Merchants and sellers have considered disputes as part of doing business ever since chargebacks first came into being. Chargebacks, however, are no small inconvenience, and they can cost businesses an estimated $30 billion a year [1]. These numbers are only set to grow in the near future when considering recent shifts in consumer behaviour. In-sto...
01 April 2021 /payments
Simon Wilson MD, Transaction Automation at valanticFSA
For several decades, incumbent banks have held a comfortable leadership position in payments. But the rapid growth of digital payments has signalled opportunity for new market entrants to attack this status quo. To develop effective strategies to stay ahead, incumbents must understand who their competitors are now, and assess how their strengths an...
01 April 2021 /payments /retail
Marten Nelson Co-founder and CEO at M10
Mainstream, tech, and fintech media is bubbling with central bank digital currency (CBDC) chatter. The Bank for International Settlements (BIS) is performing excellent research on the topic. They’re answering the critical questions of “why consider CBDC?” and “how to create a CBDC?” amongst other topics. Nearly all central banks are at some stage ...
30 March 2021 /payments /crypto Blockchain in Banking and Financial Services
Ivan Soto-Wright CEO at MoonPay
In 2021 roughly a third of the entire global adult population remains unbanked — an estimated 1.7 billion people that have been left behind by the shortcomings of an outdated, inadequate, and inefficient financial system. If we are going to make this right, we need to overhaul current legacy systems and create something that’s fair, inexpensive, o...
26 March 2021 /payments /inclusion Cryptocurrency Insights
Sean Salloux CEO at Sentinel Digital
APIs allow access to siloed data so businesses can offer personalized services to clients Financial services are evolving fast. According to recent research, 42 per cent of UK adults now use at least one FinTech service and over 20 million people use banking apps. Today, people are comfortable banking online and customers are increasingly demandin...
26 March 2021 /payments /crypto Fintech
Tom Greenwood Founder & CEO at Volt
Whatever side you were on in the Brexit debate, it’s hard to imagine any merchant welcoming reports of the card schemes quintupling fees for cross-border payments between the UK and EU. No longer constrained by the EU’s cap on interchange fees, Visa and Mastercard plan to increase their interchange to 150 basis points (bps) for credit card, and 115...
26 March 2021 /payments /regulation Open Banking
Conchur Gill Associate Partner, Payments at Be | Shaping The Future
Investment in FinTechs is at record levels and they must scale in an ever complex and competitive marketplace Investment in FinTech businesses has been reaching new heights on a consistent basis for some time now. Last week Stripe received a further $600m in funding and the company is now valued at $95Bn. This marquee headline overshadows a plethor...
24 March 2021 /payments /retail Fintech
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