243 Results from 2020, /payments
Scott Raspa Head of Marketing at Hydrogen - www.hydrogen.tech
Embedded finance is the future of the financial services industry. It’s the merging of a non-financial service provider, such as a retailer or ride-sharing company, with a financial service, such as payment processing, lending, or insurance. As embedded finance becomes more widespread, it can be helpful to examine some embedded finance examples to...
12 November 2020 /payments /startups Embedded Finance
Sam Boboev Founder at Fintech Wrap Up
As a person who is from a Central Asian country which is in close relation with Russia I have always used some kind of Russian made IT product. This applies to fintech products too, for example, among others Yandex.Money is one of the finance apps I use in my everyday life. Until recently Yandex and Sberbank another Russian company were closely coo...
12 November 2020 /payments /retail Banking Strategy, Digital and Transformation
Konstantin Rabin Head of Marketing at Kontomatik
While the use of cash is on the rise all across the world, the experts persist in saying that it might be abandoned altogether in the near future. Moreover, the popular opinion is that the Nordic countries will be among the first ones to go completely cashless, and there is even a date predicted for this to occur - March 2023. However, are the ...
11 November 2020 /payments
Arnaud Crouzet Vice President Security & Consulting at FIME
The newly-established European Payments Initiative promises a new vision of payments. Innovative use cases will be made available to consumers across Europe for the first time. There’s strong backing for the project already among financial institutions and the European Central Bank, making it likely to succeed. With the first phase due to start in...
11 November 2020 /payments /regulation The future of Payments in Europe
In 2010–2012, something began to change in people’s behavior. The changes happened so slowly and naturally that most of us did not even pay attention to them. 10 years ago, the iPhone 4 was already on sale we used the phone as a tool that performs certain functions: make calls, check the map or listen to songs. Now smartphones have become our compa...
06 November 2020 /payments /startups Fintech
Christian Spaltenstein Managing Director at AFEX Americas
The strategic necessity for digital transformation has been on the rise as businesses are now realizing its importance to effectively automate day-to-day processes. According to SmartBear’s ‘State of APIs’ report, API traffic is growing 2.8 times year-over-year. With API technology, organizations are now able to cut operational costs, secure profi...
05 November 2020 /payments /inclusion The Payments Business
Conchur Gill Associate Partner, Payments at Be | Shaping The Future
Much of the discussion on the FinTech phenomenon in recent years has referred to FinTechs coming to market with differentiated products and innovative business models to challenge incumbents. Excitement about the growth potential of these companies has led to some confusion, especially on the issuer side of things. There is a common conflation betw...
04 November 2020 /payments /retail Fintech
Fintechs, perhaps surprisingly, don’t see a future where they have won and incumbent players have lost. J.P. Morgan says “challenger banks expense bases are every very well developed and their revenue channels or their ideas for how to monetize their customers are very, very underdeveloped.” “By far the most popular [business strategy] has been ‘we...
Brad Hyett CEO at phos
At the time of writing, we are in the home stretch of the UK’s transition period with the European Union, with new rules for UK businesses that deal with Europe set to come into force on 1 January 2021. Given that the much-hyped “Brexodus” of companies from the UK has not materialised during the grace period, what are the real short term and long t...
04 November 2020 /payments /markets
Nikhita Hyett Managing Director - Europe at BlueSnap
It’s now common knowledge that the COVID-19 pandemic has triggered a huge shift in the world of payments, resulting in the rise in contactless, mobile, and ecommerce-based transactions. But over the last couple of years, there’s been an even bigger payments revolution happening, hidden in plain sight. Recent MasterCard figures show that around $1...
04 November 2020 /payments
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