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Ugne Buraciene

Group CEO
payabl.
Member since
02 May 2023
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Limassol
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Followed by John Sims, Martha Boyle and 5 others you follow
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Ugne's opinions

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Ugne Buraciene

Open Banking turns 7: Reflecting on the journey here and the road ahead

It’s amazing that Open Banking, once a visionary concept, is now celebrating its seventh anniversary. When it launched in the UK in 2018, its mission was clear: to transform the financial services landscape by giving consumers and businesses greater control over their data, enhancing competition, and fostering innovation. Seven years on, it’s time...

16 January 2025 /payments Open Banking

Ugne Buraciene

Open Banking adoption in eCommerce - what are the challenges and opportunities?

Imagine a world where eCommerce payments are not only faster but also cheaper and more secure—this is the promise of Open Banking. Open Banking has the potential to revolutionise the way we make and take payments. By its very nature, its ability to work well and integrate with other finance systems can simplify long processes and reduce transa

03 October 2024 /payments

Ugne Buraciene

Money20/20 takeaways: Instant payments lead the way amid industry optimism and AI remains hot topic

As the lights dimmed on Money20/20 Europe, we witnessed another successful event filled with fruitful conversations and unique insights from industry leaders. The show concluded with a notable takeaway: instant payments are seen as the biggest opportunity for growth. This is based on a survey conducted by payabl. at the event where 27% of industr...

12 June 2024 /ai /payments

Ugne Buraciene

Consolidation: the answer to a promising future for payments

The future of the banking system and finance as a whole industry has recently been in doubt, catalysed by the collapse of Silicon Valley Bank and Signature Bank. Concern around the future of the industry is clear, but for payments in particular, the outlook is bright. Those businesses who have the strength to weather the storm are likely to also...

16 June 2023 /payments

Ugne writes about

  • artificial intelligence
  • payments

Ugne's opinion archive

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