380 Results from 2022, /payments
Stan Cowan
Over the past few years, bank account fraud has become one of the largest threats against financial institutions (FIs). Just last year, there’s been over $52B in identity fraud losses affecting 42 million U.S. consumers. And this grew 79% y-o-y. Community banks and credit unions must find a way to balance methods of managing fraudulent activity wi...
27 November 2022 /payments /retail Frictionless Payments
Changes in the financial regulatory environment always bring upheaval, but recent initiatives by United States Senators to reduce P2P transaction fraud could add significant challenges for smaller banks, credit unions, and other financial institutions (FI). A proposed amendment to the Electronic Fund Transfer Act (EFTA) to cover authorized payments...
27 November 2022 /payments /crime Peer-To-Peer
Koen Vanpraet CEO EMEA at Moneycorp, CEO EMEA
With recent ONS GDP data estimating that the UK economy shrank by 0.3% in August compared to July, the Bank of England now says the country will soon enter its longest recession since records began. The year has been defined by global turbulence and economic volatility - with events like the war in Ukraine and the UK's series of new prime minister...
24 November 2022 /payments /markets The Payments Business
Steve Morgan Banking Industry Market Lead at Pegasystems
In this tough economic climate, there’s no doubting that customers are looking for ways to minimise expenses wherever possible against the rising costs of living. Banks have a key role to play in supporting consumers and especially those most vulnerable who are struggling to afford basics such as rent, energy and food. People don’t forget poor se...
23 November 2022 /payments Innovation in Financial Services
Donica Venter Marketing coordinator at Traderoot
Fintech has influenced both the banking and payments sector, but also the overall economic growth across many countries. Fintechs have harnessed the power of the internet, together with user-friendly smartphones to bring simplified access to financial services directly to the customer, with just the tap of a button. While fintech firms seem to be ...
22 November 2022 /payments /retail Fintech
Retired Member
While consumer banking has advanced massively in recent years, corporate transaction banking has been slower to embrace change. In a recent Finextra webinar, 10x Founder and CEO Antony Jenkins joined Wim Grosemans, Head of Payments Product Management, Global Cash Management at BNP Paribas Fortis, and Varun Yadav, Product Lead for Liquidity Manag...
22 November 2022 /payments /cloud Treasury Management
Jack Momose CEO at Degica
Japan is a large and attractive market for many businesses, but it is also very different from others around the world. This makes understanding its culture a crucial exercise for any company looking to do business in the country, with extensive knowledge required to win Japanese consumers’ trust. For those who understand how to localise their sho...
21 November 2022 /payments The Payments Business
Jamel Derdour CMO at Transact365 - www.transact365.io
Alternative finance (alt-fi) has steadily grown as a viable payment method in the e-commerce ecosystem. According to a report from Cambridge Judge Business School, in 2020, online global alt-fi volume amounted to $114 billion. When looking at the market as a whole in 2022, the valuation of alt-fi digital assets reaches $1.05 trillion. Emerging o...
21 November 2022 /payments /markets Payments strategies 2015-2020-2030
Ilan Friedman Director Strategy at Nipendo
We all know the past few years have been challenging as far as supply chain goes, and it doesn't look like things will improve any time soon. According to McKinsey, global supply chains suffer from three primary challenges: labor shortages, equipment availability, and the ripple effect of global bottlenecks. IndustryWeek magazine adds that sup...
20 November 2022 /payments
The growth of contactless biometric payment cards has gained even more momentum in 2022. With recent launches in Morocco, and more on the horizon, it is an exciting time for the technology. But what external factors are driving this trend and why should the payments industry take note? Mandates and mobiles Changes in payment technology have s
18 November 2022 /security /payments Frictionless Payments
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.