402 Results from 2024, /payments
Santosh Radhakrishnan Chief Commercial Officer at XYB Limited
To understand why coreless banking is such a paradigm shift, we must travel back in time and track the evolution of banking channels, products and services. Let’s rewind 60 years to a world before core banking when the first computer was used to automate paper ledgers. In 1959, Barclays was the first bank to buy an electronic computer, an Emidec ...
17 January 2024 /payments /retail Banking
Raktim Singh Senior Industry Principal at Infosys
Machine Customer refers to software programs, autonomous devices, or both that act as actors engaging in transactions such as purchasing goods and services on behalf of humans or other machines. In contrast to conventional automated systems, machine customers can adjust their behavior over time and make decisions based on various criteria instead o...
17 January 2024 /payments /people Business
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
Emerging Digital Payment Trends As we usher in 2024, the payments industry stands on the threshold of a new era, marked by an accelerated pace of innovation. This dynamic landscape is a testament to the sector's agility in responding to the rapidly evolving demands of the digital consumer and the forward march of technology. What payment trends ca...
11 January 2024 /payments /retail Banking Strategy, Digital and Transformation
Anish Kapoor CEO at AccessPay
The start of a new year is a natural time to consider what lies ahead. Here, we look at four key themes in corporate payments: Authorised Push Payment (APP) fraud, operational resilience, generative AI and ISO 20022, and consider what lies in store for 2024. Authorised Push Payment Fraud Combatting APP fraud will be high on the agenda for many orga...
11 January 2024 /payments /predictions Finextra site news
Retired Member
Introduction While credit unions have experienced a slight slowdown in growth, they have proven to be more resistant to market fluctuations compared to banks. Despite facing challenges, credit unions have managed to maintain their share and even make gains in specific sectors. This article explores the recent trends in credit unions' consumer loan...
11 January 2024 /payments /markets Banking
Joris Lochy Product Manager at Intix | Co-founder at Capilever
Every business inevitably engages in a checkout journey. In B2B contexts with low-volume but high-value transactions, this can be a lengthy, manual process. Nevertheless, the same three key steps can always be identified: Finding and Selecting a Product or Service Collecting and Delivering the Product or Service Paying for the Product or Servic...
10 January 2024 /payments /predictions Payments strategies 2015-2020-2030
"On-demand pay" allows employees to request a portion of their compensation before the next pay period. This is especially beneficial for personnel who may encounter unanticipated financial obligations. The provision of "on-demand pay" grants personnel the flexibility to withdraw accrued wages at their preferred time. Along with...
10 January 2024 /payments /retail Banking
Sarah-Jayne Martin Director, ICA Global AR Practice at Quadient
All too often the finance function is seen solely as a back-end department. The role of the accounts receivable (AR) team is to process invoices – ensuring that they are paid on time and following up with customers who are late on payments. However, forward-thinking organisations and strategic CFOs are starting to realise the potential of the AR fu...
10 January 2024 /payments /cloud Financial Transformation
Megan Harrison Head of Marketing at Vyne
Open Banking is shaking up the fintech and payments world, no doubt you've heard of it. It's a framework that enables banks and financial institutions to securley share financial data with other regulated providers in order to create more personalised services and value for consumers and businesses alike. With Open Banking payments, businesses ar...
10 January 2024 /payments Open Banking
Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions
In Bills And Statements Are Hard To Decipher, we noted that it was very hard to read bills and statements from banks, ecommerce companies, retailers and other industries. We took two examples and did a deep dive to understand the full extent of the indecipherability problem: Ecommerce Bill Bank Statement In this post, we will examine the root c...
10 January 2024 /payments /retail
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.