380 Results from 2022, /payments
John Bertrand MD at Tec 8 Limited
Within a month of each other, the UK Payment Systems Regulator (PSR) issued a consultation paper on Authorised Push Payment (APP) scams with the European Commission (EU) issuing a Proposal amending regulations, including SEPA, concerning instant credit transfers in euro. The PSR’s goal is to make it unrelenting for criminals to defraud people usin...
31 October 2022 /payments /regulation Digital Bank Transformation
Tom Greenwood Founder & CEO at Volt
In a long-awaited and much-applauded regulatory move, the European Commission yesterday announced that providing instant payments is to become mandatory for banks across the European Union and EEA. Far from a regulatory or compliance burden, the new legislation sets the stage for a renewed wave of innovation and growth for Europe’s payments industr...
27 October 2022 /payments /predictions Frictionless Payments
Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions
There's a lot of buzz around cybercrime. Not a week goes by when we don't hear of someone or the other losing money to scammers and fraudsters via UPI / Zelle et al. Let's consider the following ubiquituous cybercrime described in Why Is It So Hard To Catch Cybercriminals?. "Joe uses UPI to buy something from Jane, and does not get what he ord...
27 October 2022 /payments /crime
Retired Member
The UK economy is struggling amid a cost-of-living crisis with millions of households in economic hardship. The change of leadership with the appointment of Rish Sunak as prime minister has raised discussion on how the economy can be kickstarted. An area which has been highlighted is the UK’s low productivity levels. Nothing is more important to a ...
26 October 2022 /payments Innovation in Financial Services
Ilan Friedman Director Strategy at Nipendo
Corporations that deliver software and IT services find themselves concerned with an ever-increasing demand for transformation and improved customer experience, growing requirements around cybersecurity and data privacy, various types of geopolitical influencers that only appear to be increasing in severity, and the “ordinary” lineup of competitiv...
26 October 2022 /payments The Payments Business
The world of consumer banking received an innovation boost when the EU regulation PSD2 enforced the rails for Open Banking. This disruptive force offers new ways to streamline payments and is predicted by Juniper Research to handle more than $116 billion in global payment transactions by 2026. Innovations such as Open Banking often have a domino e...
25 October 2022 /security /payments
Damien Dugauquier Co-Founder & CEO at iPiD
We were all looking forward to it (all 10,000 plus attendees) and it did not disappoint… Sibos 2022 in Amsterdam was a fantastic event. It was wonderfully organised as usual. But just as important for an industry desperate to get back to doing business, it was a much-needed opportunity to connect or reconnect with clients and business partners fro...
25 October 2022 /payments
Chris Principe CEO at APB, Inc.
eTRADE eMBRACEING eCOMMERCE Trade, acquiring things we need and want, is the oldest profession known to man. Now I know what everyone thinks of as the oldest profession, but that would not be possible without trade. Over many centuries trade has evolved and adapted to our changing world. Trade is still alive in all its forms. From barter to bargai...
24 October 2022 /payments /wholesale Trends in Financial Services
Volodymyr Kuiantsev Co-founder at AKURATECO
Open banking is a relatively new and revolutionary technology that is transforming the world of payments right now, becoming increasingly popular. Besides, open banking is definitely there for the long run, so financial service providers should integrate its technologies into their business models. This article explains what open banking is, wha
24 October 2022 /payments /inclusion Open Banking
Pavel Shynkarenko Co-Founder at Solar Staff
Currently, U.S. companies are facing a severe and two-pronged problem. On one side, there is a massive talent shortage, making it difficult to hire qualified candidates. At the same time, most companies cannot offer higher, more attractive salaries to acquire the best talent because they must optimize workforce costs. In most cases, the solution ...
24 October 2022 /payments /people
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.