4913 Results from /payments
Joris Lochy Product Manager at Intix | Co-founder at Capilever
It is often stated that 'Data is the new oil', suggesting that data, like oil, holds immense value but remains unusable if unrefined. While this comparison simplifies, it effectively highlights two significant trends: A fierce competition to capture as much customer data as possible, waged not only by Big Tech and social media giants but also by ...
23 April 2024 /payments /retail Big Data
Roman Eloshvili Founder and CEO at XData Group
Banks are becoming outdated today, especially with the rapid rise of the fintech sector that aims to provide a more efficient, cheaper, and user-centric alternative to conventional financial services. Based on Statista’s data, neobanks in Europe had an 11.1% market share in the banking industry, while their US-based counterparts accounted for 15....
22 April 2024 /payments /retail Artificial Intelligence and Financial Services
John Bertrand MD at Tec 8 Limited
Joe Garner’s Future of Payment review published in 2023 on behalf of the UK Government reflected the complexity of the current instant payment UK environment. The situation has allowed the UK’s early leadership in global instant payments to decline. The UK is starting to fall behind in terms of person-to-person payments made by bank account transf...
18 April 2024 /payments /crime Operational Risk Management
Ghazi Ben Amor VP - Corporate Development at Zama
When the FCA fined Equifax £11 million for its role in one of history’s largest cyber security breaches back in October last year, it was a stark reminder of the fragility of our data ecosystem. Following the incident - which saw the credit bureau firm fail to manage and monitor the security of UK consumer data it had outsourced to its US-based pa...
17 April 2024 /security /payments Fintech
17 April 2024 /payments /regulation Banking Strategy, Digital and Transformation
Ivo Gueorguiev Co-founder at Paynetics
Embedded finance is the fusion of technology and traditional financial services. Its innovation promises to transform accessibility to financial tools for all, and now change is needed more than ever. Recent data has underscored the urgency of addressing the widening gap in economic security. Nearly a fifth (18%) of the UK are struggling with pover...
16 April 2024 /payments /inclusion Embedded Finance
10 April 2024 /payments /regulation Banking Strategy, Digital and Transformation
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
In the six months following its groundbreaking launch in July 2023, FedNow has emerged as a transformative force in real-time payments, marking a significant departure from the traditional Automated Clearing House (ACH) system. This shift signifies a pivotal moment in banking innovation, offering instantaneous transaction processing that aligns wi...
09 April 2024 /payments /retail Banking Strategy, Digital and Transformation
Phil Ashton Chief HR Officer at Quant
Over the last 10 years, there has been a shift away from the outdated, annual performance review model, towards a new, flexible alternative – continuous, or agile performance management. This new approach seeks to replace the formality and rigidity of annual reviews, with a regular cadence of quarterly, or even monthly check-ins that are less f...
09 April 2024 /payments /people Blockchain in Banking and Financial Services
Irina Latushkina Chief Business Development Officer at AIROME Technologies
12 years ago I was a client of a super safe bank with an absolutely disgusting client service. For example, when I came once to the brunch to get some cash without a plastic card, they gave me 90% and froze the card after all – in accordance with their security policies. It was the last drop, so I moved to a fully digital bank after all. At that
08 April 2024 /payments /retail Banking Strategy, Digital and Transformation
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