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Payments systems visions, strategies, trends, pilots, forecasting, and planning for the short-, medium-, and far-term.
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Mike Laven CEO at Currencycloud
As many parents of adult children do, I recently offered to help my son manage his mortgage application. And, while I was of course delighted to see everything go through in the end, part of me wished I hadn’t got involved. The bank’s processes were ugly and cumbersome, with seemingly endless paperwork, various mobile portals and old-world ways of...
09 June 2020 /payments /covid-19
Hannes Van Rensburg Chief Commercial Officer at Clickatell
For a start, it is important to define what I mean by chat. In this context, “chat” does not mean that irritating chat-blob that often pops up when you visit a website. Not at all. What I am referring to is using a chat application like WhatsApp or Facebook Messenger to engage with a brand. Instead of using these chat applications to communicate w...
03 June 2020 /payments
Retired Member
Central Bank Digital Currencies (CBDC) gained the attention of the media and the financial services industry at large last summer, on the heels of the People’s Bank of China’s announcement that it would soon replace its cash in circulation with a new digital currency. We’ve since seen responses from The European Central Bank regarding how it migh...
21 May 2020 /payments /retail
The tug of war between legacy systems and more modern platforms continues, as the digitization of many medical practices and hospitals across the globe upends the status quo. While the transition to newer systems has been inevitable, many are facing an unprecedented upgrade within a short time span in order to support telehealth initiatives. As th...
06 May 2020 /payments /devops
Joris Lochy Product Manager at Intix | Co-founder at Capilever
In most industries there is an evolution from pre-paid to post-paid, i.e. instead of having to acquire products or pay costly subscriptions or licenses upfront (with a lot of unnecessary features), there is a tendency to pay more based on usage. This trend of "Everything as a Service" is converting massively CapEx into OpEx, which financ...
20 April 2020 /payments /retail
Laura Francis Head of Brand and Marketing at Form3
The concept of real-time payment processing both from an operational and cost advantage is big news yet only 36% of all electronic payments in the UK are now via the Faster Payments Service (FPS)1. One could argue that FPS has fundamentally changed the nature of payments, user experience and the real economy. But in reality, the race to real-time ...
14 April 2020 /payments
In today’s design of (software) solutions, providing a frictionless user experience is (and should be) a top priority within every organization. While payments have already gone through a major evolutioneliminating much of the frictions (from cash payments to card payments up to contactless card payments and mobile payments), the entire checkout pr...
06 April 2020 /payments /retail
Not too long ago, payment methods were limited. Now, the constant increase in choices leads consumers to change habits quickly. The payment options travel companies offer their customers can be a major differentiator. If a traveler discovers an OTA or supplier doesn’t accept their preferred method, they may shop elsewhere. Deloitte’s Payment Trend...
22 March 2020 /payments /people
Bernd Richter SVP - FIS Impact Ventures at FIS
Banks are increasingly outsourcing their core payments platform technology and operations. What seemed in past years far fetched even to consider has become a viable option. Is Payments as a Service (PaaS) on the brink of becoming the new normal for banks as technology-focused payments service providers are winning more and larger in scope mandate...
19 January 2020 /payments /cloud
Paul Marcantonio Head of UK/Western Europe at Ecommpay
Selling things online can be complicated. There are web shops to design, product descriptions to create, and payment methods to set up. The latter is probably the single most important part of the process - for a very simple reason. If your customers can't pay, they won't buy. So how do you accept payments online? Let’s look at it step by step. 1. ...
13 January 2020 /payments
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