380 Results from 2022, /payments
Steve Morgan Banking Industry Market Lead at Pegasystems
SIBOS is well and truly over. So, what did it mean for you? Sore feet from walking the conference floor and a sore head from so much talk and debate? My personal takeaways from the event start with how exciting it was to be enjoying a full-blooded event, meeting clients, media, and peers in the industry. Out of all of the chatter, some old and new...
08 November 2022 /payments /sibos Digital Banking
Farnoush Mirmoeini Co-founder at KYC Hub
Such is the frustration around frictions in cross-border payments the G20 decided to put its stake in the ground and make the improvement of cross-border payments a priority back in 2020. A couple of years on and the state of play has been assessed, 19 building blocks have been identified and set out in a roadmap and the G20 has provided much need...
07 November 2022 /payments /regulation
Emils Kragis Marketing Manager at PayPugs
The ecommerce industry has been growing rapidly since 2014. In 2022, the global ecommerce industry is worth over 4.9 trillion U.S. dollars. According to Statista, it is estimated that the industry will grow around 50% and by 2025 be worth 7.4 trillion dollars. With this rapid growth comes the requirement to ensure that all payment needs are met ...
04 November 2022 /payments Banking Strategy, Digital and Transformation
Pete Lord CEO and Co-founder at Codat
Every year about 30% of restaurants go bust. The life of any hospitality or brick-and-mortar retail business is usually short, particularly in the small and mid-market segment. Blame high fixed costs, staff turnover rates around 70%, and a fickle customer base. This is doing business on hard mode. Unsurprisingly then, the hospitality and retail se...
03 November 2022 /payments /startups Outsourcing Banking, Financial Services Operations
Retired Member
Last week the European Commission published a draft proposal to amend SEPA legislation. They have commented that the adoption of SEPA Instant Credit Transfers has lagged, and this set of new rules will act as a much-needed push for banks and Payment Service Providers (PSPs) to offer 24/7 instant euro payment services. This move is very welcome. A...
03 November 2022 /payments /regulation SEPA and European Payments
Dmitry Dolgorukov CEO at GiniMachine
It might appear that the countdown to the holiday season has already begun, with gifts and decorations springing up in stores across the country. However, behind the shelves, inflation continues its hold on the markets at around 8%. Many retailers are expecting a more toned-down holiday period with consumer concerns about rising costs, inflation r...
02 November 2022 /payments /retail BNPL
Paul Marcantonio Head of UK/Western Europe at Ecommpay
As 2022 comes to an end, the global economic landscape is looking increasingly bleak. COVID-19, war, sanctions, energy shortages and inflation all contribute to a mood of uncertainty amongst business owners, and even the most successful companies are thinking hard about what the future might hold. So how can businesses stay competitive during a lo...
02 November 2022 /payments /markets BNPL
With the advent of open banking, the finance sector has been undergoing radical changes. In a report published by Starfish Digital, with the support of the Open Data Institute (ODI), they argued that the application of a more open data infrastructure caused strong positive impacts on customers, small businesses, and new market entrants. Unfortunat...
01 November 2022 /payments /wholesale
Brad Goodall CEO at BANKED
The brutal combination of high energy prices, high inflation, soaring interest rates, and global economic weakness has made the UK economy ripe for a recession until the middle of next year, according to a recent analysis by EY. Where’s there a recession - there’s also a rise in online crime. Not only do merchants have to be wary, but also consume...
31 October 2022 /payments /inclusion Embedded Finance
James Booth VP Head of Partnerships, EMEA at PPRO
The holiday season, like winter, is coming. Singles Day (11/11), Black Friday, Cyber Monday—these officially kick off the holiday shopping season. But this year will be a bit different. Inflation and higher prices are making people tighten spending. This also means consumers will be more price conscious than ever and pickier in buying decisions...
31 October 2022 /payments The Payments Business
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