385 Results from 2023, /payments
Dmitriy Shcherba PR & Comms Manager at Erbis
Latin America's FinTech industry is experiencing significant growth and transformation, with the region presenting vast potential for further development. Recent reports here on Finextra have highlighted the flourishing nature of the Latin American fintech market, with a surge in new entrants and substantial venture capital investment. The market
14 November 2023 /payments /inclusion Digital wallets & loyalty programs for businesses
Ben Rattue Manager - Product Partnerships & Propositions at Token.io
Variable Recurring Payments (VRPs), or Dynamic Recurring Payments (DRPs) as they’re commonly known in continental Europe, represent a promising payments innovation and are poised to deliver significant benefits to both merchants and consumers, potentially unlocking several killer use cases for open banking-enabled payments. This article explores t...
13 November 2023 /payments /retail Open Banking
Ivan Aleksandrov CSO | Core banking, BaaS, Fintech Advisory at Advapay
The rise of banking-as-a-service (BaaS) and agent schemes is expected to persist due to continuous regulatory tightening on e-money and payment institution licenses. Acquiring one’s own e-money or payment institution license is extremely challenging without a sizable, experienced team, a large client base, and budgets of at least 1 million euros. ...
13 November 2023 /payments /startups Fintech
Martin Paice Partner - Data at Valcon
Artificial Intelligence (AI) has become an integral part of our modern society and is set to become even more so. It is expected to see an average growth rate of 37.3% per year from 2023 to 2030 and some estimates say that the market, which is worth around US £100bn today will ratchet to nearly two trillion US dollars in 2030. The success of AI st...
13 November 2023 /payments Artificial Intelligence and Financial Services
Abhi Desai Director at Pelican
Blog - Global Payments: A Journey Towards Convenience, Efficiency, and Transparency London, 9th November 2023 In today's interconnected world, cross-border payments are an essential part of global trade and commerce. However, traditional methods of sending money internationally have often been characterized by high fees, slow processing times, a
09 November 2023 /payments /cloud Banking
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
For many businesses, creating a secure and effective payment solution is of great importance, whether you opt to construct your own payment gateway or consider other possibilities. By making well-informed choices and utilizing the knowledge of industry experts, businesses can position themselves at the forefront of payment processing, fostering gro...
08 November 2023 /payments /retail Banking Strategy, Digital and Transformation
Ivo Gueorguiev Co-founder at Paynetics
In a speech at the Conservative Party conference, Prime Minister Rishi Sunak highlighted the importance of small and medium-sized businesses (SMEs) for the UK economy. With over 5.5 million SMEs operating within the UK, their collective impact is nothing short of significant - from job creation to economic resilience - these businesses are indeed ...
08 November 2023 /payments
Retired Member
Have you ever heard of decentralized finance? I bet that not many readers of these lines understand what it is and how it can make life easier when it comes to daily payment transactions. The very idea of the DeFi system is a new vision of calculation and exchange in the digital world. It is essentially a new financial technology based on secure d...
07 November 2023 /payments /inclusion Banking Strategy, Digital and Transformation
If the sessions and discussions at Open Banking Expo UK and Europe on 18-19 October were anything to go by, then Variable Recurring Payments (VRPs) are generating plenty of interest and excitement across the ecosystem, including among merchants, payment services providers (PSPs) and banks. The reason for the hype is because VRPs deliver better out...
02 November 2023 /payments /retail Open Banking
Greg Waisman Co-Founder and COO at Mercuryo
It's no secret that the demand for fintech solutions is growing steadily. According to a recent report, the global value of the financial technology industry is expected to reach $324 billion by 2028 at a 25.18% CAGR over the period of 2023-2028. As I see it, the rise of the fintech industry as a whole will also have a major positive impact on the...
02 November 2023 /payments /inclusion API
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