215 Results from 2019, /payments
Retired Member
Holiday retail sales will increase by 5% in 2019, according to Deloitte’s annual holiday economic forecast. As a retailer, what can your business do to capitalize on the holiday shopping season and make the most of this influx of customers? How can you strengthen your relationship with your customers? In this two-part series, we look at various 20...
04 December 2019 /payments
On November 21st, a security alert from NCR was issued describing a new form of Transaction Reversal Fraud (TRF) occurring in the UK, typically between 10 PM and midnight on any given day. Contrary to previously reported TRF attacks in which cash is pried from the dispenser after a payment reversal is initiated due to the jamming of the card reade...
26 November 2019 /security /payments Transaction Fraud Systems and Analysis
Paul Marcantonio Head of UK/Western Europe at Ecommpay
Though it may seem like everything in the payments space is geared towards boosting conversion, i.e. the amount of times a potential customers completes the intended action of clicking “buy” – and this is indeed the case – I’m here today to tell you about three specific ways in which payment technology can raise the conversion rate, i.e. the amoun...
25 November 2019 /payments The Payments Business
Domenico Scaffidi Payments Industry Expert -CEO & Founder at DS Payments Ltd
As the world moves towards a more global way of doing business, banks and financial institutions need the capability to move money around efficiently, transparently and in a cost effective manner and in doing so, ensuring that liquidity doesn’t get locked away. Cross-border payments however have historically been the opposite of this - with single...
21 November 2019 /payments SWIFT Matters
Anthony Walton CEO at Iliad Solutions
At the end of October, a Treasury Committee report in the UK said the frequency of online banking crashes and customer disruption had become unacceptable. Steve Baker, the Treasury Committee’s lead member for this inquiry was quoted as saying: “The number of IT failures that have occurred in the financial services sector, including TSB, Visa and Ba...
20 November 2019 /payments Payments strategies 2015-2020-2030
Gabe McGloin Head of Business Development EMEA at Verifi at Verifi Inc
Although the Christmas shopping season starts earlier every year, the transaction frenzy really begins with the sales juggernaut of Black Friday and Cyber Monday. According to an Adobe Analytics survey, 70% of responding consumers planned to shop over this year’s four-day period beginning the day after Thanksgiving. For the second year in a row, C...
20 November 2019 /payments /retail Fintech
Steve Morgan Banking Industry Market Lead at Pegasystems
For commercial banks, a nagging issue is how to improve cross border payments. Compared to domestic payments they are more expensive, cumbersome and take longer to carry out. But despite banking technology coming on leaps and bounds, why do they remain such a costly headache? The root cause is down to the disparities between financial regulation a...
15 November 2019 /payments Transaction Banking
The payments industry is seeing a massive global surge in the implementation or modernisation of Immediate Payment systems. These systems challenge the status quo, and when used effectively create real opportunities for financial institutions to improve service and/or develop new business opportunities. In Ovum’s 2018 Payments Report (2018 Globa...
12 November 2019 /payments Payments strategies 2015-2020-2030
Last year, $328 billion was transferred via digital, peer-to-peer faster payment options PayPal, Venmo and Zelle. As our culture becomes more on-demand, these payment methods are exploding in popularity. With this trend comes a growing consumer demand to receive payments from businesses more quickly. According to new research, there’s an opportun...
06 November 2019 /payments
Immediate Payments, Real-Time Payments, Faster Payments – wherever you are in the world you probably have a term for it, but whatever that is, Real-Time Payments (RTP) is probably spreading faster than any other previous payments initiative. There is good reason for this. RTP offers many benefits and everyone wants to be the first to penetrate new...
05 November 2019 /payments Trends in Financial Services
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