4913 Results from /payments
Nameer Khan Founder and CEO at Fils
Every year, March 22nd marks a somewhat solemn reflection on the state of the world’s water security. The bedrock of all known life, water is a fundamental need for all communities, depicted throughout literature as a unifying symbol of life and renewal. However, this year’s International Water Day warns against a not so far future in which water i...
21 March 2024 /payments /sustainable Innovation in Financial Services
Brad Strock SVP, Group Executive, Payments at FIS
Card issuers have a critical role to play in the drive to create a more inclusive financial system. And thanks to advances in technology, they are getting better and better at fulfilling that important obligation. Customers are banking on innovation For consumers, technology has long been a key driver of financial inclusion, especially among unbank...
20 March 2024 /payments /retail Digital Banking Trends
Silvija Krupena Director of FIU at RedCompass Labs
Following National Child Exploitation Awareness Day, it is important to note that the online child sexual exploitation (CSE) model has shifted with social media. What we once thought could only take place in faraway lands is now also happening under our noses in our neighbourhoods. In North America and Europe, we are seeing an alarming increase i...
20 March 2024 /payments /crime Exposing Financial Crime
Anish Kapoor CEO at AccessPay
After years of decision-making, discussion, and delays, ISO 20022 is finally happening. The wide variety of legacy message and data formats that all institutional and corporate entities use to make or receive payments will converge into this common standard by next year. In a survey conducted at the tail end of last year, why did 52% of corporate ...
20 March 2024 /payments /predictions Digital Bank Transformation
Jamel Derdour CMO at Transact365 - www.transact365.io
The Middle East, long recognised for its rich history, diverse culture, and strategic geopolitical importance, is now emerging as a hub for cross-border payments, facilitating seamless financial transactions across international borders. As the region continues to undergo rapid economic development and technological advancement, the growth of cros...
19 March 2024 /payments /markets Payments strategies 2015-2020-2030
Kaustuv Ghosh CEO at Nxtgencode
Open Banking is under continuous discussion and implementation in OECD and European markets. This post provides a brief operator view from the Global South, a region of massive opportunity and diverse needs. I took the liberty of looking at the definition of Open Banking. First, with due acknowledgement to OBIE, UK-"Open Banking is a secure...
19 March 2024 /payments /startups Banking Strategy, Digital and Transformation
Günther Vogelpoel CEO at Recharge
Gift cards have been a mainstay in the traditional retail industry since their inception in the 30s, first introduced as ‘gift certificates’. They become the reliable go-to grab at the checkout counter, nestled beside the payment tills, waiting for that last-minute gift panic to strike. How times have changed. Now, digital top-up payment cards ar...
18 March 2024 /payments /inclusion E-commerce
Serkan Arslan Sales and Business Development Director, CAMS at Fineksus
Cross-border payments play a vital role in the seamless operation of the international economy, and their significance continues to rise as the world’s economies become increasingly interlinked through digital means. These payments have been growing at a compound annual growth rate of 5%, and this growth persisted even during the challenging times...
18 March 2024 /payments /retail SWIFT Matters
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...
15 March 2024 /payments /markets Banking
John Bertrand MD at Tec 8 Limited
At UK first Global Fraud Summit, HM Treasury plans to introduce legislation, only to apply to suspicious Authorised Push Payments executed within the UK in sterling. The proposed statutory instrument amends the Payment Services Regulations 2017 and allows PSPs to delay the execution of an outbound payment transaction by up to four business days fr...
15 March 2024 /payments /regulation Innovation in Financial Services
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.