189 Results from 2018, /payments
Retired Member
Late payments are a perennial problem for businesses. They have a pernicious effect on global supply chains, placing undue constraints on smaller suppliers and even putting them at risk of going bankrupt. Research has found that late payments are putting one in four companies at risk of insolvency, and a culture of paying late can even devastate l...
07 December 2018 /payments Trends in Financial Services
Samee Zafar Director at Edgar Dunn Company
Ban them? Block them? Back them? Governments and central bankers have long been exercised by the disruptive nonsense of cryptocurrencies. Some countries are actively experimenting with cryptocurrencies with rather unimpressive results. These include Uruguay, Senegal, Tunisia, and Venezuela. Venezuela’s cryptocurrency, the petro, backed by the coun...
06 December 2018 /payments
Gift cards continue to play an extremely important role in incentive marketing. Last year alone, the North American corporate market spent over $80 billion on incentives – including merchandise, experiences, and gift cards. Everyone has used a gift card at some point in their lives; gift cards are as ubiquitous as cash or cards at modern retails s...
05 December 2018 /payments Payments strategies 2015-2020-2030
The introduction of new payment types has created a greater need for a strong, flexible card infrastructure than ever before. That’s easy for issuers to lose sight of; mobile services are new, exciting and backed by demonstrable customer demand. Fundamentally, however, mobile services rely heavily on card payments. All this innovation is pushing ...
05 December 2018 /payments Digital Banking Trends
Jared Ronski Co-founder at MerchACT
The hustle and bustle of holiday shopping season is in full-swing, and with it comes the threat of a spike in chargebacks. While the excitement of increased ecommerce sales—to the tune of a predicted $119.99 billion—may glisten in merchants’ eyes, they should not forget what is lurking around after the holiday excitement calms. This increased ecom...
04 December 2018 /payments Payments strategies 2015-2020-2030
Fraud is a continuing problem globally. In fact, research from Experian highlights the annual cost of fraud as £190 billion, equal to nearly £7,200 per household. Although technology to protect customers continues to advance, fraudster will often find new, innovative ways of tricking people out of their personal details and money. A scam that has...
04 December 2018 /security /payments
Daniel Szmukler Director at EBA
European financial institutions are facing an ever-evolving set of regulations aimed at maintaining stability, competition, and innovation in the digital economy. As a result, regulatory compliance increasingly necessitates a significant investment of resources toward updating internal processes and IT systems. This can have the effect of limiting...
04 December 2018 /payments EBAday
Uri Rivner CEO and Co-Founder at Refine Intelligence
The 1920s were big on criminal mystery novels; this was the decade of Agatha Christie’s Hercule Poirot. Who, like many other famous detectives of his time, had to unlock devious puzzles involving the most twisted criminal schemes. “And the butler did it, at least for the first hundred mystery novels or so. Everyone’s a suspect, and it’s always
28 November 2018 /security /payments Digital Banking Trends
Steve Cook Digital Identity & Biometrics Consultant
The rapid global adoption of biometrics for identification and access management by organisations of all sizes clearly indicates they are here to stay. Yet, until 3D face authentication technology became available in late 2017, 2D face recognition that matches two images was all that could be obtainable. 2D face recognition vendors promised securi...
28 November 2018 /payments Biometrics
The open-loop prepaid market is booming, and all signs point to another record-setting year. The Canadian open-loop prepaid market has grown 27 percent over the last three years, according to the Canadian Prepaid Providers Organization’s (CPPO) most recent annual study, which was conducted by Mercator Advisory Group. Nearly $4 billion was loaded ...
27 November 2018 /payments
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