Jamel Derdour CMO at Transact365 / Nucleus365
The United Kingdom is at the forefront of a payments revolution, transitioning rapidly from traditional cash transactions to digital and contactless payments. This shift is driven by technological advancements, changing consumer behaviours, and strategic initiatives aimed at enhancing financial inclusivity and efficiency. This article explores the...
11 July 2024 /payments /markets The Payments Business
Taras Boyko Founder at BankBee
Buy Now, Pay Later (BNPL) is an emerging trend that has rapidly gained traction. It allows consumers to purchase goods and services immediately while deferring the payment over a series of instalments, often without interest or fees if payments are made on time. Source: stock.adobe.com by panuwat The growth trajectory of BNPL services is remark...
09 July 2024 /payments /inclusion BNPL
Andrei Scutari Open Banking Head of Sales at Salt Edge
In June 2023, The European Commission announced its proposals on regulations governing the payment services industry within the union. The much-anticipated third Payment Services Directive (PSD3) represents the completion of the Commission's review of the second Payment Service Directive, released nine years ago and is slated for release in the f...
09 July 2024 /payments /regulation Banking
Eddie Harrison Co-Founder and Chief Product Officer at Navro
It wasn't so long ago that people lived, worked, and died within just a few miles of where they were born. And while there are places in the world where this is still the case, the lives of people in many countries are increasingly mobile. People on the move Today, a growing number of workers seek out excitement, adventure, or better pay packets b...
08 July 2024 /payments /people
With many consumers still feeling the squeeze of the cost-of-living crisis, retailers are increasingly looking to e-commerce marketplaces to drive revenue. It's easy to see the draw; marketplaces require lower upfront costs compared to setting up a standalone online platform, provide access to a larger pool of potential customers, and increase the...
08 July 2024 /payments /startups E-commerce
Abhinav Paliwal CEO at PayNet Systems- A Neo Banking Software Platform
In today's digital era, efficiency is key across all aspects of life, especially financial transactions. One sector seeing significant change is utility bill payments, traditionally dominated by cash, checks, and bank transfers. Now, digital wallets are increasingly facilitating these payments, improving user experience and opening new revenue str...
08 July 2024 /payments Fintech World
Kaustuv Ghosh Founder at Nxtgen Payment Infra. Prometheus Labs.
I had an hour-long conversation with my peers at the World Finance Council panel discussion in Singapore recently. While we were talking about ESG and fintech, it is becoming increasingly clear that we need to consider a whole-of-ecosystem approach rather than fitting issues within silos. The key challenge in all this is uncertainty. Global supply...
08 July 2024 /payments /retail Asia Financial Services
Clare Rowley Head of Business Operations at Global Legal Entity Identifier Foundation (GLEIF)
The need to harmonize cross-border trust services continues to grow in line with the ever-increasing volume of trade and commerce taking place globally across digital platforms. In this effort, the LEI can play a fundamental enabling role. The Financial Stability Board (FSB) has already endorsed the LEI to support the goals of its G20-endorsed Road...
05 July 2024 /payments /identity Digital Identity Management
Radi El Haj CEO at RS2
The best place to be for business is up-and-coming countries. Being in on the ground floor as a country modernises means that you have the opportunity to become a vital part of its payments infrastructure and is one of the best ways to ensure decades of profitability. In our lifetimes we have seen countries like China and India modernise rapidly, ...
05 July 2024 /payments /predictions Fintech
In the dynamic world of cryptocurrency, crypto exchanges and trading platforms play a pivotal role in facilitating the buying, selling, and trading of digital assets. However, these platforms often face challenges related to payment processing and liquidity management. An authorised payment institution (API) or payment services provider (PSP) can ...
03 July 2024 /payments /crypto Cryptocurrency Insights
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