385 Results from 2023, /payments
Stuart Smith Head of Business Development at Acadia
In recent years, the financial industry has embraced the power of big data to gain valuable insights and drive better decision making. From identifying market trends and creating quantitative trading strategies to detecting fraud and managing risk, big data has become an indispensable tool for finance professionals. One of the key challenges of ...
10 January 2023 /payments /regulation
Jamel Derdour CMO at Transact365 - www.transact365.io
The embedded finance market has been growing at pace since 2020. COVID proved to be a crucial catalyst, accelerating e-commerce, financial digitalisation, and consumers’ changing expectations. To add to that, fintech companies have been catching up with – and in some cases outpacing – traditional banks when it comes to gaining consumers’ trust in ...
10 January 2023 /payments /markets Embedded Finance
Lissele Pratt Co-founder at Capitalixe
Virtual IBANs: Removing Friction in Cross-Border Payments In the past, businesses wanting to engage in cross-border payments had to set up physical bank accounts in each jurisdiction. This was time-consuming, expensive and often required a great deal of paperwork. However, with the advent of new technology, businesses can now use virtual IBANs to m...
10 January 2023 /payments /markets Borderless World
Cristian Gheorghita Director of Sales at Fintech Galaxy
A few years since Open Banking took off in Bahrain, the local community is yet to witness a plethora of use cases built on top of Open Banking capabilities. Bahrain has been leading the financial services’ transformation in the MENA region, especially when it comes to regulating the participants’ interaction under the Open Banking umbrella. The Bah...
09 January 2023 /payments /regulation Open Banking
Thomas Mueller Co-Founder & CEO at Rivero AG
Rates of fraud have continued to soar in the latest 3-year period studied by the UK’s Financial Ombudsman Service (FOS), and neo-banks account for the bulk of increases. This has confused industry observers as one of the benefits of neo-banks is reportedly greater transparency and control over transactions. However, it now appears likely that thes...
09 January 2023 /security /payments Payments strategies 2015-2020-2030
Anna Kuzmina Expert at Fintech
This is seriously fascinating in the business case sense. I do not think any country in recent history has faced such a rapid change in the way its fintech and banking system operate. Global sanctions towards Russia were and still are unprecedented in terms of scale, sheer numbers, and implications for the immediate global ‘exclusion’. Let’s talk ...
07 January 2023 /payments
John Bertrand MD at Tec 8 Limited
As domestic payment fees 'go towards zero', how will PSP make any monies from the payments business, especially if the PSP is a non-bank1 and is OpenBanking an opportunity or challenge to PSPs? Taking a look at the PSP market size in the UK in 2022 was £11billion ($13Billon), 20,000 employees and 2,000 PSP(a) companies. The leaders: Worldpay, PayPa...
06 January 2023 /payments /regulation Mobile Financial Services (MFS)
Konstantin Rabin Head of Marketing at Kontomatik
The iGaming industry continues to grow more and more. Why do we think like that? Because the iGaming industry has experienced rapid growth in its total worth over the past two years. In 2020, the global iGaming market was valued at $53 billion and reached approximately $94 billion in 2022. With more players entering into this space each day, it is...
06 January 2023 /payments
Donica Venter Marketing coordinator at Traderoot
The banking industry is constantly evolving and adapting to new technologies and customer needs. As 2023 begins we explore the trends that will shape the future of banking. Here are the top banking trends for 2023: Increased Adoption of Digital Banking With the rise of smartphones and mobile devices, more and more customers are turning to digital...
06 January 2023 /payments /predictions Banking Strategy, Digital and Transformation
Maksym Popov COO at 42flows.tech
Banking Industry: New Generation, New Requirements Customer habits in the banking industry are changing, forcing financial institutions to transform their services and offer more tailored and customized experiences. According to research by Epsilon, 80% of consumers are more likely to do business with a company when it offers personalized experie...
06 January 2023 /payments /retail The Payments Business
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