402 Results from 2024, /payments
Francesco Fulcoli Chief Compliance and Risk Officer at Flagstone
The United Nations Office on Drugs and Crime (UNODC) recently released a comprehensive issue paper on organised fraud, shedding light on this increasingly sophisticated and pervasive form of criminal activity. The report underscores the urgent need for a coordinated global response to counter the diverse forms of organized fraud, which exploit bo...
18 November 2024 /payments /crime Fintech
Kathiravan Rajendran Associate Director of Marketing Operations at Macro Global
Banks face growing competition from Money Transfer Operators (MTOs) and fintech firms in the cross-border remittance space. These challengers offer speed, lower fees, and user-friendly platforms, putting pressure on banks to innovate. The Strategic Role of FX Solutions in Remittance Services FX solutions provide a strategic advantage, enabling ban...
18 November 2024 /payments /retail Banking Strategy, Digital and Transformation
Deon Crasto Head of Payments
In the rapidly evolving landscape of B2B payments, companies are constantly seeking innovative ways to expand their market reach and streamline operations. The COVID-19 pandemic accelerated this trend, pushing businesses to explore new models and technologies. As growth rates declined for many companies during this period, there was a shift toward...
16 November 2024 /payments /crime Fintech
The ability to make and receive payments underpins daily life and commerce, while the payments sector itself drives innovation and hosts some of the country’s highest growth businesses. To bolster this pivotal sector, the UK government has published the National Payments Vision, outlining its ambition for a world-leading payments ecosystem. The V...
15 November 2024 /payments /regulation Fintech
Nkahiseng Ralepeli VP of Product: Digital Assets at Absa Bank, CIB.
Having read the 2024 geography of cryptocurrency report by Chainalysis, it’s hard not to feel a spark of excitement about the evolution of stablecoins in Sub-Saharan Africa – particularly as we go through, what looks to be anyway, a bull cycle in the wider digital asset space. What’s unfolding is more than a financial trend; it’s an under-the-rad
14 November 2024 /payments /crypto
Son Lai Key Account Manager at Epay Limited
In 2024, payment service providers (PSPs) will face a mix of challenges and opportunities driven by global economic conditions, technological advancements, regulatory changes, and evolving customer demands. Challenges Regulatory Compliance: As financial regulations become stricter globally, PSPs must ensure compliance with local a
14 November 2024 /payments /markets
Jamel Derdour CMO at Transact365 - www.transact365.io
South Korea, known for its technological prowess and rapid adoption of new innovations, has become a global leader in digital payment systems. Over the past decade, the country has experienced a dramatic transformation in how financial transactions are conducted, moving from traditional cash and card payments to seamless digital solutions. This sh...
13 November 2024 /payments /markets Payments strategies 2015-2020-2030
Scott Dawson CEO at DECTA
The recent decision by the Payment Systems Regulator (PSR) to mandate that banks and payment companies refund victims of Authorised Push Payment (APP) fraud up to £85,000 within five days has created a rift in the financial ecosystem. While the move was welcomed by some in the consumer protection space, others – particularly SMEs and the FinTechs t...
13 November 2024 /payments /inclusion
Cross-border payments are an important part of foreign trade, money transfers, and the digital economy as the global economy becomes more connected. But the current fragmented regulatory environment makes it hard for businesses, especially fintech companies, to deal with complicated licencing processes and different compliance requirements in diff...
12 November 2024 /payments /regulation The Payments Business
Mouloukou Sanoh CEO and Co-Founder at MANSA
The cross-border payments business continues to boom - and there’s no sign of a slowdown. The industry had a total market size of $190.1 trillion in 2023 and is expected to grow by 8.81% annually, reaching $290 trillion by 2030. Yet despite these impressive figures, fundamental challenges remain that need to be addressed to help those who rely...
11 November 2024 /payments /crypto Innovation in Financial Services
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