362 Results from 2021, /payments
Retired Member
The very first chatbot was not very friendly When I was a kid, I read The Argonautica — a Greek epic poem by Apollonius Rhodius, written in the third century BC. It tells the myth of Jason and his crew (that included Hercules) having an epic journey full of heroic adventures in order to obtain the Golden Fleece, held in Colchis (modern Georgia — t...
30 November 2021 /payments /predictions Fintech
Volodymyr Kuiantsev Co-founder at AKURATECO
So, you’ve decided to build your own payment platform. It doesn’t seem too difficult. After all, the market is packed with payment service providers who once tried building it and are now boasting of their top-of-the-industry payment systems. However, even though you might think that the process isn’t that difficult, as you step on this path and ge...
30 November 2021 /payments /startups Innovation in Financial Services
Jackie Barwell Director at ACI Worldwide
Financial fraud causes billions in losses every year for banks and financial institutions (FIs). By 2027, the global cost of fraud could reach $40.62 billion. In the UK alone, £753.9 million was stolen through fraud this year, an increase of 30% compared to the same period in 2020. The rapid adoption of digital and real-time payments and new payme...
30 November 2021 /payments /crime Fintech
Gustav Korobov Senior Sales Executive - Core Banking platform at Advapay
The COVID-19 pandemic has rapidly accelerated the digitization of banking and innovation in new FinTech services. Customers are continuing to move online and this radical transformation is unlikely to reverse. As a result, we’re seeing more and more FinTech companies and digital banks coming to market. If you are looking to start your own digita...
30 November 2021 /payments /startups Fintech
Jessica Bayley Head of Marketing at Acquired.com
The move from traditional credit card and consumer-finance solutions to more customer-centric payment solutions has undoubtedly been accelerated by the pandemic. As we emerge into a new cashless era (cash payments declined by 16% globally in 2020) deepening customer engagement by leveraging data-driven payment solutions can help eCommerce business...
29 November 2021 /payments Trends in Financial Services
Aman Behzad Managing partner at Royal Park Partners
Last month, Amazon announced that it will stop accepting Visa credit cards in the UK. The move is loaded with implications for the global payments arena. This decision and its context raises questions about the future balance of power in the global e-commerce and payments space. On the surface, Visa forced Amazon’s hand. The decision is consiste...
29 November 2021 /payments
Rolands Mesters CEO at Nordigen
The payment landscape has become increasingly competitive, with a growing number of payment options appearing in recent years. Now, with the establishment of alternative payment choices, the Visa and Mastercard duopoly is challenged from all sides. Amazon recently announced that they will stop accepting UK Visa card payments and Visa has responde...
29 November 2021 /payments Open Banking
John Bertrand MD at Tec 8 Limited
According to UK Finance, there was a 71% increase in APP fraud in the first six months of this year, reaching £355m(1). The question is what does the future of costs look like. Let’s take a look at the latest results: Before making a forecast let’s reveal what has changed in the six months up to December 31st from the first six months of the year...
29 November 2021 /payments /predictions Banking Strategy, Digital and Transformation
Jamel Derdour CMO at Transact365 - www.transact365.io
Much has been written of late about how the metaverse will be the evolution of the internet as we know it. With the rebranding of Facebook (now Meta) the metaverse has been pushed into the limelight with organisations considering how they should tackle this global phenomenon. Part of this consideration for many is commerce, how will digital goods ...
29 November 2021 /payments /people Innovation in Financial Services
David Royle Partner - Head of Retail and Commercial Banking at Be UK
As consumers we’re more than happy to hunt out the best mortgage deal, the best utility company to sign up to (now more than ever) and the most competitive motor insurance policy. Thanks to price comparison sites, we’re able to effortlessly benchmark prices and services and reap rewards way in excess of the time they take to execute. So why is it...
25 November 2021 /payments /retail healty banking future
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