186 Results from 2017, /payments
Retired Member
Imagine taking a regular smartphone and turning it into a payment acceptance device with a simple app download. That’s the utopian dream many companies are chasing today and it could bring huge benefits to the payments ecosystem, merchants and consumers as card and mobile payments continue to grow. For small transactions, accepting a payment could...
29 November 2017 /payments Fintech
As an avid fan of the Open Banking movement, I have tracked the implementation of PSD2 across Europe with much interest over the last few years. PSD2 aims to give customers control over their financial data and more competitive choice. This is something everyone needs to remember in the mad rush to build new businesses and protect existing ones. ...
25 November 2017 /payments Open Banking
Yuval Ziv Managing Director, Digital Payments at Nuvei
e-commerce retailers spend a lot of time and money on marketing and advertising to their customers, enticing them to browse and buy. On an ecommerce site, algorithms often reveal recommended products on pages designed to make browsing simple and free from friction. But it’s the final hurdle in the payment stage, that’s often the most important. Th...
23 November 2017 /payments UK Faster Payments
With all the hype about identity theft and other consumer-side digital crimes, it’s easy to overlook the fact that merchant fraud is still one of the most common and costly causes of financial loss for acquirers. Merchant fraud can be very hard to detect – especially given the complexity of the digital payments ecosystem. Yet, the work put into de...
21 November 2017 /payments /regulation
Thea George
It’s crunch time for real-time payments in the US, since The Clearing House’s new rails went live in mid-November. It’ll be a phased roll-out, with eight or nine banks starting this year – and all 25 of the TCH owner banks committed to be live by the end of 2018. But this gentle introduction belies the significance of what’s happening. The new rai...
20 November 2017 /payments
Cashless Society - To be, or not to be? To replace any commodity that is in existence for hundreds of years in trade is a phenomenal task. Statistics from European Central Bank show that banknotes in circulation is on the decline, since 2015. The graph on below link shows the net circulation of number of banknotes and coins in Euro Area. This is...
17 November 2017 /payments Digital Banking Trends
I’m willing to bet you know someone who’s fallen victim to credit card fraud – if you haven’t done so yourself. In the first six months of this year alone, there were a record-breaking 89,000 cases of fraud in the UK, with payment card fraud totalling $21.84 billion globally. Hackers are becoming more sophisticated. They can now get stolen card da...
15 November 2017 /security /payments Data Management 101
Apple’s new iPhone X arrived in stores globally on Friday 3rd November. As with every new iPhone launch, experts have been debating the ins and outs of the Apple X for days as fans queued overnight to get their hands on one. One of the hallmark features of the new device is Face ID: the primary way to unlock the new phone is with the face scanner. ...
14 November 2017 /payments
Jeremy Light Co-founder at Fourdotzero
It is a while since I have written about Bitcoin, but I continue to be fascinated by it. In particular, by Bitcoin’s ability to endure and continue serenely on in the face of all manner of controversies and headwinds. Possible Outcomes I have a long-held view there are only two possible outcomes for Bitcoin – it will either disappear, or it will be...
13 November 2017 /payments Innovation in Financial Services
Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions
As is widely known, there was a severe cash crunch in India on the back of the demonetization of high value currency notes a year ago. To ease the pain, the government of India made a big push to promote digital payments. Trending under #CashlessIndia, the drive multiplied visibility of preexisting digital payments and led to the launch of several...
08 November 2017 /payments /retail
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