243 Results from 2020, /payments
Gabe McGloin Head of Business Development EMEA at Verifi at Verifi Inc
Chargebacks have existed since the early days of distance selling – the predecessor of e-commerce. Mail-in catalogues and Avon ladies were some of the earliest ways consumers could purchase products and wait for them to arrive at their door. Chargebacks have been a part of this cycle since just after the Consumer Credit Act of 1974. From missed de...
01 December 2020 /payments Payments strategies 2015-2020-2030
Anatoly Kaptsan VP & Chief R&D Officer at Compass Plus
Omnichannel as a concept, is omni-present: it’s something that the industry has been discussing for years, but, particularly in banking, a true omnichannel experience is still a rare, almost mythical phenomenon. For years, financial institutions (FIs) have been working hard to ensure that they offer their customers the multiple touchpoints, such as...
01 December 2020 /payments /retail
Laurent Descout CEO at NEO Capital Markets
The events of 2020 have caused many people to reassess how they manage their businesses. Treasurers were forced into an unprecedented situation where they had to manage cash and international payments from suppliers and customers at a time of significant uncertainty and instability – all while working remotely. This was new territory for them, and...
01 December 2020 /payments /covid-19 Treasury Management
Joris Lochy Product Manager at Intix | Co-founder at Capilever
The Corona crisis has led to an exponential decrease in the usage of cash, due to the associated hygienic problems and the enormous rise of eCommerce. While in commercial transactions cash is disappearing rapidly, it is however still commonly used for informal money exchanges, like between friends, family, colleagues…, but also those payments are ...
01 December 2020 /payments The Payments Business
Chris Principe CEO at APB, Inc.
Who can it be now? Who can it be knocking at my door? Go 'way, don't come 'round here no more. Who can it be now? These 1981 lyrics of Men at Work foretold the usage of Facial Recognition (FR) today. The changes brought on by the great pandemic of COVID-19 have given governments a justifiable reason for the increase of CCTV cameras using FR technol...
30 November 2020 /payments /crypto The Payments Business
Hemant Vishnoi Founder at EnKash
Corporate Cards for long have been an important instrument in business payments. With more and more businesses pushing towards utilizing cards for their business payments, there is an upward swing in acceptance of purchase cards as a means of procuring goods and doing business payments However one needs to understand how the entire card evolution ...
30 November 2020 /payments
Ivan Kot Solution Consultant at Itransition
Smart contracts have been making waves since the inception of the technology on the blockchain platform Ethereum. They are now used in the number of industries but haven’t fully lived to the hype. In this article, we are figuring out what challenges prevent smart contracts from widespread adoption in real estate transactions, particularly those re...
27 November 2020 /security /payments Blockchain in Banking and Financial Services
Retired Member
When I think about the next couple of years for the UK banking industry, this nightmare scenario comes to mind. A milkman is going door-to-door collecting empty bottles. As he peers ahead through the grey morning light, a horrible realisation dawns. He sees that the street is endless and there are thousands upon thousands of empties to collect. Wh...
27 November 2020 /payments /covid-19 Operational Risk Management
Amanda Mickleburgh Director Product - Merchant Fraud at ACI Worldwide
One of the most prominent issues keeping stakeholders in the payments industry busy at the moment is Strong Customer Authentication, or SCA, the new European security standard that intends to protect consumers and businesses from fraud by making it more difficult for a fraudster to make payments from their accounts. After several delays SCA is due...
26 November 2020 /payments /regulation The future of Payments in Europe
Dennis Odiwo Product Manager at ACI Worldwide
Merchants worldwide have grown increasingly mindful of keeping customers’ sensitive data, such as payment card details, out of their own environments – and tokens seem to be the go-to tool to fill the gap. Processes such as reservations, returns, reporting and rewards typically require confidential data. However, incidents of high-profile data bre...
25 November 2020 /payments /retail Digital Banking Trends
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