402 Results from 2024, /payments
Paula Hunter Executive Director at Mojaloop Foundation
In emerging economies, inclusive instant payment systems (IIPS) are spearheading a revolution. As these systems evolve, particularly in regions like Africa and Southeast Asia, they potentially represent a direct pathway for the $10 trillion informal economy – a potential fintech market – to participate in the digital financial sector. While IIPS i...
12 March 2024 /payments /inclusion Financial Inclusion
Chris Lewis Head of Solutions at Synectics Solutions
It's difficult to overstate just how large a problem money muling is. This notoriously elusive financial crime is an unrelenting stressor on banks and payment systems processors, and connected to $4.9 trillion worth of laundered money. Incredibly, this staggering figure is set to rise further. Is money muling evolving faster than we can react? The ...
12 March 2024 /payments /crime Data sharing
Matthew Phillips Head of Banking, UK and Ireland at Diebold Nixdorf
Innovation is prevalent across all parts of the financial services industry and even more so within the payments eco-system. Last week I was pleased to take part in and present at the BPFI National Payments Conference 2024 in Dublin, exploring some of the most pressing trends right now. We can all recognise the growing complexity of the payments l...
12 March 2024 /payments /retail
Ivo Gueorguiev Co-founder at Paynetics
In the pursuit of efficiency and agility, businesses are turning away from outdated financial practices and embracing the digital era. With budgets tightening and market dynamics constantly evolving, the traditional methods of financial management just aren’t cutting it for many enterprises. However, a transformative solution has emerged: mobile v...
12 March 2024 /payments
Scott Dawson CEO at DECTA
We all rely on the world that regulation creates – yet we groan at the mere mention of the dreaded ‘red tape’. With each new evolution in payments regulations, like the introduction of PSD2, we see a slew of doom-mongering articles on how it will negatively impact the industry, its stakeholders, potentially cause friction in the payments process,...
12 March 2024 /payments /regulation Fintech
Siamac Rezaiezadeh
Last week, when guest speaking on a webinar, I was posed with the question, “Direct Debit has been around for a while, but we’re seeing new uptake and new popularity. So, why is it making a comeback now?” Let’s start with this - Direct Debit has been here for years, so I don't call it a comeback. I would argue that Direct Debit has been consistent ...
11 March 2024 /payments /cloud Digital Banking
Shailendra Malik SVP - Tech Delivery (Enterprise Search) at DBS Bank
NatWest in UK last week announced that it is ditching its BNPL products and many experts not are attributing this due to the over crowded market and banks may gradually become less interested in these products. London still having a huge heft in the global financial market, has no regulation in place as yet and now Banks are left to decide by them
11 March 2024 /payments /regulation Banking
Karel Nappus Co-Founder and COO at Montonio
The Baltic States—Estonia, Latvia, and Lithuania—are appealing to numerous Payment Initiation Service (PIS) providers because they serve as an entry point to the entire Single Euro Payments Area (SEPA). Traditionally, Lithuania has been the preferred European Union regulator for acquiring licences. However, it has recently adopted a stricter stanc...
07 March 2024 /payments /regulation Payments strategies 2015-2020-2030
Jamel Derdour CMO at Transact365 - www.transact365.io
In the bustling and dynamic region of Southeast Asia, a transformation is underway in the realm of payments. As technological innovation accelerates and digital infrastructure expands, Southeast Asia is experiencing a surge in the adoption of digital payment solutions, revolutionising the way people transact and interact with money. This article e...
05 March 2024 /payments /markets Payments strategies 2015-2020-2030
Retired Member
Trade finance, essential for global commerce, facilitates 80-90% of trade transactions, serving as a primary driver for economic growth. However, its heavy reliance on paper contrasts with the digital evolution seen in other financial sectors. As innovation progresses unevenly across the industry, fragmentation emerges as a significant challenge a...
05 March 2024 /payments /wholesale SWIFT Matters
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