1068 Results from 2020
Ilia Dragan Co-Founder | Chief Product Officer at ShoppingOS
According to the second Payment Service Directive (PSD2), all the financial institutions that provide payment accounts (ASPSPs) - banks, e-wallets, prepaid cards, neobanks and e-money institutions with their agents - must have in place at least one channel for secure communication with third party providers (TPP). They can choose to offer a dedica...
18 June 2020 /regulation /retail Banking Regulations
Andrew Beatty Head of Wealth, Retirement & International at FIS
According to George Westerman, research scientist with the MIT Sloan Initiative on the Digital Economy: “When digital transformation is done right, it’s like a caterpillar turning into a butterfly, but when done wrong, all you have is a really fast caterpillar.” The worldwide upheaval from the coronavirus unceremoniously revealed which banks float...
18 June 2020 /retail /covid-19 Banking Strategy, Digital and Transformation
Mark Aldred Head of Sales at Auriga
COVID-19 and the lockdown has had a profound effect on all aspects of our economy and society. This includes banking and access to money. Indeed, as recently reported in Finextra, MPs wrote to the Chancellor and asked him to act now to protect the UK cash infrastructure from imminent collapse, as people shun ATMs due to the Covid-19 outbreak. Th...
Retired Member
Online crime gangs were quick to capitalise on Coronavirus. So much so that almost 3% of global spam is estimated to be Covid-19 related, according to internet security company Sophos, and 36% of people in the UK have been contacted by scammers since the start of the pandemic, according to Citizens Advice. So, in this dangerous era its important...
18 June 2020 /security /covid-19 Fintech
Recvently the Bank of England has announced that a programme called Money and Me will be launched in July. Governor Andrew Bailey hopes that it will help teachers aid their students in becoming more confident about using money. Meanwhile Revolut launched their Junior card range this year also. Are we seeing a change in how financial services v...
17 June 2020 /inclusion Financial Literacy for Kids
We are currently experiencing one of the most difficult times in recent memory. The impact on our lives, including our financial lives, has been profound. However, once the storm passes, there will be a time for reflection and reorganising the way we do things. For banks, this will be the ideal time to reinforce strategies that create more agile a...
17 June 2020 /cloud /covid-19
Hannes Van Rensburg Chief Commercial Officer at Clickatell
We truly live in a digital world. I can think of only a handful of things that we spend our time on that is not digital. For the rest, we are dependent on digital devices to interact with our world. Nowadays, these devices come in many different form factors, ranging from desktop computers, set-top boxes, voice-activated devices to mobile phones. ...
17 June 2020 /payments
Sunil Jhamb Founder and CEO at WLPayments
The payments market opportunity Ecommerce is big business. Emarketer has predicted that global ecommerce sales will reach $5 trillion by 2021, following sustained annual growth rates of more than 20%. In turn, this flourishing market generates billions of dollars of fees for the payments companies that enable it. Little wonder, then, that an array...
17 June 2020 /payments /retail The Payments Business
Joshua Frith Managing Director at The Dubs
Content marketing for finance brands isn’t the same as content marketing for other brands - it comes with its own unique challenges that need to be overcome. The first of these is the popular perception of finance topics as dry, dull and technical. The second is the regulatory environment, which requires finance brands to ensure content is legally ...
17 June 2020 Marketing in Financial Services
Joris Lochy Product Manager at Intix | Co-founder at Capilever
In a time of real-time, instant payments, it is strange to see that companies providing pre-paid gift vouchers are still massively being created and continue to grow. At first sight buying such a gift voucher has only disadvantages, as it converts liquid currency to a product, with less favorable qualities (i.e. can only be consumed in certain shop...
16 June 2020 /payments The future of Payments in Europe
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