362 Results from 2021, /payments
Jackie Barwell Director at ACI Worldwide
Fraud rates in the UK have been climbing to new record heights, so much so that the UK’s industry body UK Finance has been talking for the first time about fraud posing a national security threat. According to latest figures, £754m was stolen from bank customers during the first half of this year - a 30% rise compared to the same period in 2020. S...
14 October 2021 /payments /crime Fintech
Nick Green Director at Purple Patch Broking Ltd
Fintech’s, merchants, and big tech brands are forming new attractive buy-now-pay-later (BNPL) and hybrid instalment-based offerings shaking up credit card lending and forcing businesses to rethink data requirements and strategies. Growing at a rate of 39% per year and expected to exceed $260 billion by 2025, BNPL services can’t be ignored. BNPL of...
14 October 2021 /payments /retail BNPL
Retired Member
Integrating third-party services makes it possible to quickly add features and tools to a neobank solution while developing the same functionality on your own could take months. If you want to add value to your neobank solution, extend its functionality, and ensure a seamless and consistent banking experience for users, consider integrating third-...
13 October 2021 /payments /retail Banking Architecture
Sean Salloux CEO at Sentinel Digital
Forward-looking banks are shifting their mindsets and including products and services from third parties that over-deliver on increasing customer needs. Innovation in the financial services sector is thriving and a new trend is fast approaching. It has less to do with core banking technologies and much more to do with integrating tech services. Thi...
12 October 2021 /payments /crypto Fintech
Igor Chugunov CEO at Credits Blockchain and Payment Platform
Banking, just like many other industries, is moving to an online format. One thing to remember is that banks are large complex organizations. Many of them have been on the market for a couple of hundred years. Regulations for any financial services are complicated too. So how does it look in practice? The challenge Traditionally, financial serv...
08 October 2021 /payments /retail Banking Strategy, Digital and Transformation
All Scale Ups eventually face the same challenges as they outgrow their Start Up status. How to continue acting nimbly and doing what they do best, whilst simultaneously retaining their growth curve and building trusted positions in their ecosystem? According to Willem Mosterd and Josje Fiolet, becoming and remaining a successful Scale Up relies o...
08 October 2021 /payments /regulation Sustainable compliance
During and post-Covid 19 the world has been hit by a tsunami of fraud. With the move to electronic money where everyone has their money in digital form, the criminals have realised this has made it easier for them to part you from your money. They don’t need a gun, a knife – just a phone and a computer and they don’t have to come to you. They can ...
07 October 2021 /payments /crime Personal Finance
Anthony Hynes President of Global Travel at WEX
The travel industry is showing signs of a rebound in leisure travel with restored optimism after the easing of some lockdown restrictions and the rollout of vaccines across the globe. But the industry is in a significantly different place to before the pandemic, with consumer behaviors having shifted. We’re seeing the emergence of vaccine passpor...
06 October 2021 /payments /people Payments strategies 2015-2020-2030
Tatsiana Kuchminskaya Chief Financial Officer (CFO) at Andersen
Ensure Its Success? We live in a digital world where mobility is not an optional but fundamental part of a business. Mobile banking apps allow you to do nearly all transactions online anytime and anywhere. Clients don’t need to stand in line, bother with documents, or search for ATMs anymore. In this article, we covered all the key features that ...
04 October 2021 /payments /retail Banking Strategy, Digital and Transformation
John Bertrand MD at Tec 8 Limited
People, who think they are being defrauded, will soon be able to call 159, a new initiative against fraud, supported by a number of banks, telecom and social media firms. The goal would be for 159 to immediately direct the call to the Payer Bank for fraud assessment. Approximately half of the current bank accounts will be covered by this service i...
04 October 2021 /payments /crime Banking Strategy, Digital and Transformation
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