Payments - Long Reads, News, Articles & Research: Finextra

How embedded finance is driving the banking-as-a-service revolution

Jean-Jacques Le Bon Chief Strategy & Product Officer at Vodeno

How embedded finance is driving the banking-as-a-service revolution

The world of payments is undergoing a radical transformation and Banking-as-a-Service (BaaS) is playing a starring role. This article is an excerpt from the Future of Digital Banking in Europe report. BaaS is the delivery mechanism that underpins embedded finance, allowing the provision of banking solutions directly into the websites and apps of b...

05 June 2024 /payments

Sehrish Alikhan Reporter at Finextra

The telecom-fintech overlap

With the common factor of being two sectors consistently on the forefront of innovation, the telecommunications and fintech industries have intersected in exciting new ways that redefine each industry and pushes towards new business models. There is significant overlap between the sectors, with both telecoms and fintech being heavily regulated indu...

05 June 2024 /payments

Why credit and debit cards are more than just a payment instrument

Madhvi Sonia Head of Content at Finextra

Why credit and debit cards are more than just a payment instrument

Ahead of Money20/20 Europe in Amsterdam, Finextra caught up with Amanda Gourbault, chief revenue officer, CompoSecure, to discuss the future of cards and how they can be used 'beyond just payments,' for example, to enable digital security amid continued credit card fraud and account takeover (ATO) fraud. Cards being used 'beyond' payments As Gourb...

03 June 2024 /payments

Sehrish Alikhan Reporter at Finextra

What is pay by bank?

2024 might be the year that pay by bank hits the mainstream. Pay by bank is a direct account-to-account payment methods that many fintechs have been increasingly been drawn to as open banking has become more established in Europe. Pay by bank may be on track to replace card payments, as it is an alternate payment method that requires no log-in or a...

29 May 2024 /payments

How can financial institutions hit G20 targets for cross border payments?

Hamish Monk Senior Reporter at Finextra

How can financial institutions hit G20 targets for cross border payments?

Finextra’s latest webinar, ‘Cross Border Payments: Hitting G20 targets for speed, cost, and transparency’ – hosted in association with Bottomline – explored why embracing new protocols, technologies, and data structures around cross-border payments is a non-negotiable for all financial institutions in 2024. Moderated by Finextra’s head of research...

23 May 2024 /payments

Top payments stories you missed in April

Sehrish Alikhan Reporter at Finextra

NextGen Nordics 2024: Why it’s time for a domestic focus

NextGen Nordics, one of Finextra’s annual payments events, was held on 23rd April 2024 in Stockholm, Sweden, bringing together an array of experts and leaders in the Nordics payments industry. The conference explored innovation across payments infrastructure in the Nordics and started off with an opening speech from Finextra’s head of research Gary...

29 April 2024 /payments

The crucial role of seamless bills and payments processes to organisational success

Paige McNamee

The crucial role of seamless bills and payments processes to organisational success

While the benefits of fast payment processing for merchants and e-billers are well understood – the pressures of today’s payment landscape mean that the need for seamless billing and payment has never been more pronounced, regardless of whether payments are digital or paper-based. Firms are juggling the pressures to remain compliant with new regul...

29 April 2024 /payments

Will embedded finance change UK fintech by 2035?

Scott Hamilton Contributing Editor at Finextra Research

Will embedded finance change UK fintech by 2035?

Buying vs. building is not going away, it’s accelerating in the business world. This is an extract from the recently published report, 'The Future of UK Fintech - 2015-2035'. Three in five (60%) UK adults has used embedded finance services as part of the checkout process when shopping online in the past 12 months. Embedded finance services include...

18 April 2024 /payments

Vladimir Krasik Global Head of Internal Treasury at Revolut

Are fintechs destined to become banks?

Fintechs have been challenging traditional banks for a few decades now. Since the inception of the sector, fintech service providers were aiming to solve the inefficiencies present in legacy models: provide better coverage, accelerate transactions, reduce transaction costs. The umbrella term covers a diverse lot of companies from peer-to-peer paym...

04 April 2024 /payments

Níamh Curran Senior Reporter at Finextra

What are NFC payments?

Apple is being sued by the US Department of Justice for an alleged monopoly on smartphones, with NFC technology playing a large part in the argument. Apple tap-to-pay uses NFC technology to enable its payments, but as it stands in the US, no other digital wallet can be used on their mobile devices. It’s important to look at what NFC payments are an...

28 March 2024 /payments

BNPL – are we nearing extinction in Europe?

Dominique Dierks Content Manager at Finextra

BNPL – are we nearing extinction in Europe?

In an unexpected move, NatWest has announced the closure of its buy now, pay later (BNPL) service less than two years after its launch. While citing a “clear demand” from customers for BNPL products at the initial launch in 2022, the bank now revealed that their service did not have the desired impact and uptake remained low as customers instead ...

15 March 2024 /payments

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