362 Results from 2021, /payments
Retired Member
Indisputably, 2020 was a significant moment for payments. Economies were hit hard as the coronavirus pandemic reached almost every country in the world, having an impact on all aspects of daily life forcing businesses to close their doors and adjust to a new safe working environment. Unfortunately the original economy we all knew, will never retur...
13 February 2021 /payments
For Americans who don't have a bank account or a credit card, shopping for a chair or a computer they need can quickly turn into an exercise in humiliation. The misconception of being unbanked can make it stressful to ask a sales associate who is guiding them around the store whether alternative options are available. Then come the application form...
11 February 2021 /payments /covid-19 Banking Strategy, Digital and Transformation
Open API’s and Open Banking has been a hot topic for quite some time now, but very little has been said about Digital Overlays. What if I told you that Digital Overlays is the key to unlock the full potential of Open API’s and Open Banking. There are many banking initiatives underway that are driven by various factors, such as regulatory, innova...
11 February 2021 /payments /retail Banking Strategy, Digital and Transformation
John Bertrand MD at Tec 8 Limited
Society and Law has reached a check point where the new digital world is almost beyond the current laws and banking practises. Let’s take a look at fraud in Faster Payments, UK’s instant payment initiative, which is being replicated in over 50 countries, and soon to become available for cross border payments. Faster payments fraud totalled £330 mi...
10 February 2021 /payments /crime UK Faster Payments
Akhil Rao Director at Nth Exception
Cross-border payments are becoming faster, but friction remains, slowing some payments down. Will the industry ever achieve 100% STP (straight-through-processing) rates in cross-border payments? The digital transformation of monetary services has accelerated the pace of cross-border payments; in many cases payments are settled almost instantly. Bu...
09 February 2021 /payments /retail
Yuliya Barabash Managing Partner at SBSB Fintech Lawyers
The neobanking wave is sweeping all countries and continents, from the EMEA to South America. The term coined in 2017 means a new type of financial institution offering state-of-the-art, quick and flexible services directly available via a smartphone or messengers. The growth of neobanks peaked during the global anti-COVID quarantine. For instance...
09 February 2021 /payments Banking Strategy, Digital and Transformation
Chris Holmes Senior Vice President at KAE Consulting
2020 was a very challenging year for most industries, and FinTech was no exception. However, the FinTech industry seems to have weathered the storm that continues to ravage the globe. Below we discuss three of the main trends KAE identified as defining for the industry. Maintained growth & consolidation Following the outbreak of the pandemic...
08 February 2021 /payments /predictions Banking Strategy, Digital and Transformation
Ignacio Javierre Co-founder at HUBUC
In the past three years we have seen a new wave of challenger banks that have transformed the consumer banking landscape. Yet, this was just the beginning of what is set to be a true fintech revolution. This year is expected to be the year embedded finance - that is financial services integrated with a traditionally non-financial service – truly m...
04 February 2021 /payments /predictions Embedded Finance
Sean Salloux CEO at Sentinel Digital
Widespread digital asset adoption, BTC to compete with AUX, China’s CBDC rollout and EU regulation Bitcoin (BTC) has rallied to record highs yet, institutional investment remains cautiously low. Top financiers cautious yet optimistic about digital asset adoption in 2021 Jeff Currie, Goldman Sach’s Head of Commodities Research, said that more mone...
03 February 2021 /payments /predictions Fintech
The last ten years have seen a transformation in the ways the world does business. Macroeconomic trends, regulatory developments, and technological advances have created new ways for businesses to offer value to customers. Business models that simply didn’t exist twenty-five years ago are now the norm, and are providing useful, efficient, flexible...
03 February 2021 /payments Payments strategies 2015-2020-2030
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