385 Results from 2023, /payments
Colin Neil Managing Director Adyen U.K. at Adyen
Not that long ago, there was a huge discrepancy in the standard of payment acceptance between large and small businesses. I could order, ride, and pay for an Uber via my phone but, on the same day, have to haul to a cash machine because my barber didn’t accept cards. Thankfully, this is changing. Partly, the pandemic gave small businesses the nudg...
27 January 2023 /payments /predictions Fintech
Retired Member
Thanks to colossal strides in payment technology ingenuity, the world of merchant acquiring has changed drastically over the past ten years. Tried and trusted business models have been reshaped by widespread M&A activity, the pace of transition to e-commerce, and an influx of non-bank fintech competitors. A huge global upswing in e-commerce an...
27 January 2023 /payments Fintech
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
1. Trust infrastructure As the benefits for building a global trust infrastructure are so massive (3-6% of GDP according to McKinsey), it is clear that governments will be strongly committed to drive the migration and that enterprises will start to see the enormous benefits they can achieve (as outlined in 5 major categories in Self-Sovereig...
26 January 2023 /payments /retail Digital Banking Trends
“Banks nowadays are in stiff competition for human resources with fintech. The financial technology sector often offers higher pay. Still, the prospects of many such start-ups are difficult to forecast – they are as likely to occupy a solid niche as they are to go bust. Stable companies in Latvia are only a handful. Primarily, fintech players acti...
24 January 2023 /payments /startups Banking
James Lynn Co-Founder at Currensea
We all know dealing with the evolving cost of living crisis is going to require a coordinated effort across government, business and local communities. The fintech industry also has a vital role to play if support is going to effectively reach households of all incomes. We recently held our first Fintech for Good roundtable inviting some of the UK...
24 January 2023 /payments /inclusion Open Banking
Sean Salloux CEO at Sentinel Digital
In emerging markets, digital transactions are booming and providing financial inclusion to underserved countries. Emerging markets are driving technological advancements in the digital payments sector, as non-bank providers capitalise on the need for increased financial accessibility and wider services. Digital wallets, QR codes, and smartphone app...
23 January 2023 /payments /crypto Fintech
Brad Goodall CEO at BANKED
The past 12 months have been tough for payment providers across the board, with market volatility and the end of cheap money leading to funding cuts, mass layoffs, and redundancies. Many firms have been struggling, and certain news stories demonstrate the ongoing challenges. Last year, Klarna laid off 10 per cent of its workforce, and its valuatio...
22 January 2023 /payments /startups E-commerce
Back in 2002, the fraud losses related to eCommerce fraud on UK-issued debt and credit cards amounted to 28 million pounds. Decades later, that number continues to skyrocket, with the annual losses hitting 376.5 million pounds as of 2020. During the pandemic, as people spent more time online than ever, there were new waves of online crime. Ove
22 January 2023 /payments /crime Payments strategies 2015-2020-2030
Oliver Tearle Head of Technology Innovation at The ai Corporation
The payments industry makes extensive use of AI/ML technologies in a wide range of applications – including targeted marketing, process automation and customer profiling. The use of AI and ML in fraud prevention is particularly common, as it enables fraud prevention teams to scour large amounts of transaction data to identify fraudulent behaviour ...
19 January 2023 /payments /predictions Artificial Intelligence and Financial Services
Eddie Harrison Co-Founder and Chief Product Officer at Navro
For fast-growth startups, the early days can be thrilling. You have come up with a great new product or service, found the perfect marketing strategy, and hit gold with a rapidly expanding customer base. The next step is obvious - strike out from home and try to replicate your success in global markets. Often, that's where things come grinding to...
18 January 2023 /payments /predictions Fintech
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