380 Results from 2022, /payments
Gabriel Hopkins Chief Product Officer at Ripjar
There’s no shortage of articles in the press this week and last about the start of the prosecution of Wirecard executives for fraud, but how is it possible that such a large-scale fraud took so long to emerge? I first came across Wirecard in 2002. As has been detailed in Dan McCrum’s excellent book – they were an intriguing set of individuals. I ...
13 December 2022 /payments /crime Exposing Financial Crime
Retired Member
It’s no secret that banks generate a lot of data. While still a sensitive topic from a compliance perspective, today, real-time intelligence is the source of most opportunities for both banks and their clients. In the corporate space, where banking clients have been progressing their own digital journeys, the demand for actionable insights is hi...
12 December 2022 /payments /cloud Transaction Banking
Li Yong Head of Marketing APAC at Nuvei
We saw the gaming landscape shift considerably in APAC in the past few years. Exposure to digital gaming (and, in some cases, increased disposable income) during COVID-19 fuelled additional demand, as did the greater promotion of esports as a legitimate alternative to traditional sports for recreation. This has sparked the growth of digital gaming...
12 December 2022 /payments Payments strategies 2015-2020-2030
Lynton Buxton Marketing Manager at Parseq
There was a time as a young boy I was fortunate enough to receive Christmas cards from distant relatives that contained a crisp £1 note and I felt rich. As the year’s progressed, and warnings of postal security began to hit the headlines, the Pound note began to be replaced with a personal cheque often with a fancy background of woodland creatures...
07 December 2022 /security /payments Finextra site news
Sean Salloux CEO at Sentinel Digital
Recent industry activity and the key indicators behind digital asset adoption rates for 2023. Digital assets are more prevalent and accessible than ever before, but, right now, the industry is locked within a state of winter, particularly following the collapse of FTX and Alameda. While a period of sustained lower costs may be of concern to some, ...
06 December 2022 /payments /crypto Fintech
Jenny Nittmann Managing Director at Nitt & Huff GmbH
CESOP – An EU-wide VAT transactional reporting obligation for payment service providers If your business provides payment services in scope of the EU PSD2 legislation, you may be required to report transactional data related to cross-border payments to CESOP, the EU’s new “Central Electronic System of Payment” information. Reporting starts in Janu...
06 December 2022 /payments /regulation Banking Regulations
Innovation in payments has long dominated the fintech industry. However, when it comes to clearing houses and large payment infrastructures, progress has been slow. Facilitating instant payments at scale and across borders, for example, has been on the global agenda for a while, such as the implementation of PSD2 which aimed to increase the use of...
06 December 2022 /payments /regulation The future of Payments in Europe
Galit Shani-Michel VP Payments at Forter
The PSD2 regulation came into force in the UK on 14 March 2022, a full two years after it was implemented in France, Germany, Spain and Italy. Central to the directive is the requirement for merchants to conduct Strong Customer Authentication (SCA) unless an exemption or exclusion can be granted. However, although this, in theory, means less fraud...
05 December 2022 /payments /regulation Fintech
Leo Lipis Chief Executive at Lipis Advisors https://www.lipisadvisors.com
2022 was a year of major announcements and developments in instant payments, digital currencies, and cross-border payments. The European Commission plans to mandate the adoption and regulate the price of real-time payments in Europe. As real-time payment systems are rolled out across the world, we’ve seen fraud migrate toward these systems, especi...
05 December 2022 /payments /predictions Payments strategies 2015-2020-2030
Jamel Derdour CMO at Transact365 - www.transact365.io
The modern e-commerce landscape has rapidly evolved to offer consumers faster, simpler and more secure payment methods. Rather than cumbersome bank transfers and checks, consumers can now make seamless transactions directly from merchants’ apps or websites. Bolstered by increasing demand for more frictionless payments, embedded finance has grown ...
05 December 2022 /payments /predictions Embedded Finance
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