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EU mandatory regulations for instant credit transfers within the Single Euro Payments Area (SEPA) are right on the money. The key requirement is verification of payee. Today this is absent in the UK,...
The opportunities that a truly global Open Banking ecosystem would create for businesses and consumers are almost limitless. The more interoperable the ecosystem is, the greater the possibilities are ...
Earlier this month, members of the European Parliament (MEPs) voted to adopt a new set of rules that will ensure transferred funds arrive immediately in the bank accounts of retail customers and busi...
“We are a cash-free hotel. Payments can be made with the most common credit cards”. This was the message I received from the hotel in Stockholm when stepping onto the Viking land of Sweden. “We are
Card schemes were planning to increase fees, according to reports last autumn. Then the UK Payment Systems Regulator (PSR) announced in December 2023 provisional proposals to introduce a price cap fo...
Card fraud has been around for almost as long as credit cards themselves. But since the U.S.’s first reported case in 1899,[1] fraudsters and their methods have become increasingly sophisticated and ...
Interoperability paves the way for innovation. A unified ticketing network with pooled resources can enable investment in technologies that would typically be beyond the means of a single operator. Th...
By Arnaud Depaigne, Smart mobility Product Manager, and Taoufik Sakhi, Technical Advisory VP Deputy at Fime. Implementation is always one of the most challenging parts of any product roll out. From ge...
As digital innovations reshape customer expectations around transactions, the payments ecosystem is set for a profound transformation in 2024. Speed, transparency, and integrated mobility characterise...
1. Introduction It is no secret to many scholars and stakeholders in the banking industry that technology is quickly reshaping the sector. Indeed, technological advances have given rise to what today ...
1. Introduction Today, real-time payments are being revolutionized by Artificial Intelligence. This is a significant change for the better, because previous ways of making payments have been increasin...
Since completing his acquisition of Twitter, now X, in October 2022, Elon Musk has been vocal about his desire to transform the platform into a real-time payments powerhouse. In an all-staff meeting...