402 Results from 2024, /payments
Zach Meyers Assistant Director at Centre for European Reform
As EU law-makers update Europe’s payments laws, they want to tackle the bloc’s growing number of impersonation, romance and investment scams. Clamping down on these types of scams demands close collaboration between banks, telecoms companies, online platforms and public authorities. However, Members of the European Parliament (MEPs) instead want t...
27 November 2024 /payments /crime
Priyanka Rao Content Strategist at Jupiter Money
Investing is often akin to navigating the vast ocean. The gentle rhythm of waves can be soothing, but storms strike without warning, tossing you violently and making you question the strength of your ship against the ocean's mighty forces. Fear grips you—the fear of sinking and the dread of an unending storm. Yet, storms pass; they always do. The ...
27 November 2024 /payments /inclusion
Kyrylo Reitor Chief Marketing Officer at International Fintech Business
The utilization of correspondent accounts has become increasingly prevalent in the financial services industry, particularly among fintech companies seeking to expand their global reach and access new markets. While these partnerships offer numerous benefits, they also come with inherent risks that must be carefully managed to ensure the integrity...
27 November 2024 /payments /wholesale Banking
Ritesh Jain Founder at Infynit / Former COO HSBC
In 2010, I had the opportunity to lead a groundbreaking project at Visa that would later be recognized as Visa Advanced Authorization (VAA). At the time, we called it the Real-Time Scoring Platform—a system leveraging advanced data analytics and what we now identify as machine learning. The platform was revolutionary in its ability to assess trans...
27 November 2024 /ai /payments Artificial Intelligence and Financial Services
Anders Olofsson Payment Oracle at FintechCore
In end of December 2024 the Sveriges riksbank is extending the domestic real time payments system, RIX Inst, to enable bank initiated account to account payments. Already the SWISH wallet has moved its clearing and settlement to this platform. Where SWISH and many other wallets and peer-to-peer solution are adopting an alias service to enable the...
26 November 2024 /payments /crime
Ivo Gueorguiev Co-founder at Paynetics
As the Software-as-a-Service (SaaS) market surges, with projections reaching $1.2 trillion by 2032, the once open frontier has intensified significantly. With new business models constantly emerging and customer expectations evolving, SaaS providers are under pressure like never before. The challenges of high customer acquisition costs and declin...
26 November 2024 /payments
Kathiravan Rajendran Associate Director of Marketing Operations at Macro Global
Cross-border payments are the backbone of international trade, global remittances, and financial connectivity. Yet, traditional systems often face challenges like high transaction fees, delays, and inefficiencies caused by intermediary banks and multiple currency conversions. The introduction of liquidity pools is transforming this landscape, offe...
26 November 2024 /payments /sustainable Payments strategies 2015-2020-2030
Joris Lochy Product Manager at Intix | Co-founder at Capilever
Domestic payments have become increasingly instant in recent years, with countries like India (UPI) and Brazil (PIX) leading the way. Today, instant payments—24/7 transactions completed within seconds, often at little to no cost—are available in over 70 countries, with rapid adoption expected to continue. ACI Worldwide reported that real-time pay
25 November 2024 /payments /regulation Payments strategies 2015-2020-2030
The intricate web of cross-border payments, characterised by archaic systems and stringent regulations, often leads to slow, costly, and opaque transactions. This hinders global trade and commerce. Recognising this, it becomes evident that a singular solution, whether from a financial institution, regulator, or technology provider, is insufficient
25 November 2024 /payments /inclusion Payments strategies 2015-2020-2030
Md Rezaul Karim Director Business Development at Dandelion Payments
The primary source of remittance data on the international stage is the reports published by KNOMAD. KNOMAD (Global Knowledge Partnership on Migration and Development) is a branch of the World Bank that engages in significant work on global knowledge partnerships related to migration and development. Additionally, for NGOs and research institution...
25 November 2024 /payments /inclusion
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.