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

From open banking to open finance

This is an excerpt from Finextra’s report, ‘The Future of Payments 2022: The cutting edge of digital payments’ Over recent years the global payment landscape has changed radically, with consumers increasingly turning to digital solutions. Due to the reduced use of cash, increased knowledge and confidence in digital payments, customer demands have r...

31 May 2022 /payments

Re-platforming critical payments infrastructure to the cloud

Michael Mueller CEO at Form3

Re-platforming critical payments infrastructure to the cloud

This is an excerpt from Finextra’s report, ‘The Future of Payments 2022: The cutting edge of digital payments’ From mainframes to cloud Like many century old industries, financial institutions established their organisational structures around a physical space, the office. The infrastructure needed to handle their critical business functions follow...

31 May 2022 /payments

Request to pay: The cornerstone of the digital payment revolution

Michael Boel Head of Local Clearing at Banking Circle

Request to pay: The cornerstone of the digital payment revolution

This is an excerpt from Finextra’s report, ‘The Future of Payments 2022: The cutting edge of digital payments’ Request to pay, also known as R2P and RtP, is a new secure messaging service designed to make payments simpler and more flexible for businesses and consumers, as well as cheaper and easier to manage for the financial institutions and merch...

30 May 2022 /payments

Instant payments and request to pay – on their way to mainstream

Retired Member

Instant payments and request to pay – on their way to mainstream

This is an excerpt from Finextra’s report, ‘The Future of Payments 2022: The cutting edge of digital payments’ Instant payments and its most important application, request to pay is set to revolutionise the payments space and the way we conduct business. Request to pay is, in fact, already live in the UK (using open banking) and is being rolled out...

30 May 2022 /payments

P27 defines NextGen Nordic payments innovation

Retired Member

P27 defines NextGen Nordic payments innovation

Harmony is a rare quality in today’s world, where dissonance seems to be the rule. But you can find it if you look and listen. For example, as the NextGen Nordics conference got underway last week, harmony was clearly on display and celebrated. Because the Nordics have achieved something no other region of the world has done. It has established a ...

03 May 2022 /payments

5 things driving the next generation of payments

Retired Member

5 things driving the next generation of payments

Evolving customer expectations alongside technological advances are driving innovation that prioritises speed, near to real-time payments, frictionless transactions and decentralised models. Compounded by the pandemic, the significant growth of digital commerce has led to record payment volumes in most markets. At the same time, market competition...

26 April 2022 /payments

Open (Banking) for Business: UK retail banks’ growth engine

Paige McNamee

Open (Banking) for Business: UK retail banks’ growth engine

2022 has seen a surge in dialogue surrounding the purported value or objective of Open Banking, and whether this has been realised in the UK. While the debate has stoked critical thinking around what we should hope to achieve through Open Banking, there persist large questions around the potential benefits that remain on the table – particularly f...

25 April 2022 /payments

M-Commerce is booming - is your mobile app as secure as you think?

Hubert Rachwalski CEO at Nethone

M-Commerce is booming - is your mobile app as secure as you think?

When performing tasks, payments, transactions and generally browsing the internet on a desktop, we are often reminded to keep our guard up against possible threats. Viruses, malware and a whole host of cyberattacks can lead to system breaches and financial losses. It can be daunting keeping track of and preventing all online risks, but do individu...

21 April 2022 /payments

How do payment gateways provide a portal for unlimited scalability?

Jamel Derdour CMO at Transact365 / Nucleus365

How do payment gateways provide a portal for unlimited scalability?

By providing seamless payment-making between merchants and consumers, payment gateways have been some of the instigators of the boom of e-commerce for large and mid-cap companies. Gateways offer a simpler, safer, and more dependable way to make local and cross-border international payment transactions, acting as the mediator between provider and r...

12 April 2022 /payments

The future of digital banking in Asia: the ascent and impact of digital payments

Hamish Monk Reporter at Finextra

The future of digital banking in Asia: the ascent and impact of digital payments

Banks of the Asian region enjoy a particular advantage when it comes to digital payments. As a result of customers’ familiarity with app-based services, uptake is likely to remain strong in the coming years. This is an extract from Finextra's The Future of Digital Banking in Asia 2022 report. Sanjeev Jain, Citi’s Asia Pacific payments and receivabl...

11 January 2022 /payments

The fintech sentiment: Revealing the impact of the Amazon Visa payments news

Níamh Curran Senior Reporter at Finextra

The fintech sentiment: Revealing the impact of the Amazon Visa payments news

Last week, Amazon announced its intention to stop accepting Visa credit card payments in the UK, citing high cost as the core reason. Visa debit cards are exempt from the move. As it stands, this will become effective from the 19th January, although there is some speculation that Visa may yield given the size of Amazon. Prior to Brexit, UK merchan...

02 December 2021 /payments

The future of ecommerce payments: 4 reasons why open banking is ready to challenge card dominance

Jack Wilson Head of Policy at TrueLayer

The future of ecommerce payments: 4 reasons why open banking is ready to challenge card dominance

One of the key motivations behind open banking has always been to enable the growth of alternative payment methods to cards. Policy drivers, industry development and innovation have all worked together to deliver that in the form of open banking payments. This, combined with the continuing growth of online retail sales, and the problems caused by...

10 September 2021 /payments

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