1068 Results from 2020
Retired Member
Checks are one of the oldest methods of payment in the modern era, and although their use among consumers has declined significantly, businesses are another story. While they are less common in other parts of the world, North Americans often use checks for businesses expenses regularly. This is particularly true when payments must be made cross-bo...
22 December 2020 /payments /predictions Fintech
Paul Farrington
December is often a reflective month, when organisations take stock of what’s been achieved over the past year and outline their ambitions for the year ahead. It’s obvious that 2020 has been a year like no other, not just in the world of application security. So how are banks faring and what’s next in 2021? The pandemic caused banks to rethink the...
21 December 2020 /security /cloud Banking Strategy, Digital and Transformation
Fintech, along with the rest of the world, has had an extraordinary 2020. Major scandals have rocked the industry, but at the same we’ve marked significant advances that will help to point the way to a better future of finance. As 2020 proved, predicting the future is always a difficult proposition. But, in the spirit of bravery, here are my things...
21 December 2020 /predictions Fintech
Nikunj Gundaniya Product manager at Digipay.guru
When the coronavirus pandemic hit the world, banks and finance companies rushed to make their transactions digital. All the countries started imposing lockdowns to protect their citizens. Due to this, businesses shifted to work from home mode. They have shifted their daily transactions to mobile apps and online portals. Banks and financial institu...
21 December 2020 /payments Banking Strategy, Digital and Transformation
Richard Blore Chief Executive Officer, KY3P, IHS Markit at IHS Markit
Those of us who work in financial services are keenly aware that third-party risk management (TPRM) continues to be a key area of focus for global financial services regulators. Recently, we have seen consultations from the Bank of England and the International Organization of Securities Commissions (IOSCO) as well as a legislative proposal from t...
21 December 2020 /security /regulation Banking Regulations
Akhil Rao Director at Nth Exception
Data is an increasingly important part of the payment industry. It is collected, analyzed, and used at various points during a payment transaction, and plays a vital role in making sure the payment reaches its intended destination. Data is also at the core of customer security and system innovations. The payments sector is fast evolving, we expec...
21 December 2020 /payments /retail Payments strategies 2015-2020-2030
Laurent Descout CEO at NEO Capital Markets
As we round off what has been a challenging and turbulent year, it is important to look back at the treasury industry changes that we experienced and the lessons and outcomes that we have learned. In this 2020 roundup, we take a look back at some of the most significant technology trends in the digitisation of the treasury industry and how they lo...
21 December 2020 /payments /cloud Treasury Management
Konstantin Rabin Head of Marketing at Kontomatik
Gamification is a technology to adapt game methods to non-game processes and events to make employees/participants more involved in the process. Why introduce gamification into business, manufacturing? The need for new methods of motivation has arisen because the old incentive schemes have ceased to work. Gamification aims to replace workflows, f...
21 December 2020
Yaroslav Kuflinski AI/ML Observer at Iflexion
The modern business-to-business merchants are actively embracing online retail to step up their game. Relying on B2B portal development, they build solutions that bring together business customers from around the globe, supporting a convenient and personalized purchasing experience. On the downside, the shift to ecommerce aggravated the issue with ...
20 December 2020 /security /payments Digital Sales
COVID-19 has rapidly accelerated digitisation of the customer experience, particularly with respect to how consumers shop, pay and bank. The shift to digital channels has been an important lifeline for many consumers, providing access to essential products and services during a time when physical contact must be significantly reduced or eliminated...
18 December 2020 /inclusion /covid-19 Financial Inclusion
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