186 Results from 2017, /payments
Retired Member
When it comes to making payments online, cryptocurrencies such as Bitcoin are a method of alternative payments using blockchain technology to allow someone to make transactions without the need of an intermediary. Since transactions are made through the publicly distributed ledger of a blockchain, the transaction history is not contained in a cent...
14 August 2017 /payments Online Banking
There are numerous articles related to PSD2 as to what it is and what it will mean to the various parties involved but there are also countless firms stating that they offer PSD2 solutions, which in theory, some may be relevant. So how do you differentiate between them all? In the past we would rely on our sometimes expensive but well known stap...
13 August 2017 /payments SEPA and European Payments
Yuval Ziv Managing Director, Digital Payments at Nuvei
The Sharing Economy Boom Online marketplaces are named for their real-life counterparts – a single place you can visit and buy goods from a multitude of sellers. Being online means that a marketplace can be far bigger and offer far more variety than any offline market. It can offer virtual as well as physical goods. And it can sell goods both home...
11 August 2017 /payments
For quite some time now, millennials have been the primary target market for a vast majority of industries. Everything they do – every website they visit, purchase they make, and even their location throughout the day – is analysed by numerous businesses, ensuring that they are showcasing the right products to them at the right time, desperate to ...
08 August 2017 /payments
Liquidity is defined as having the availability of a product or market to a large sustainable audience. This is not the exact definition, but it's relevant for this discussion. Like almost any successful product in the world, the availability of a product in multiple scenarios is crucial to its success. In the case of my company, it's defined by ...
06 August 2017 /payments
The revised EU Payment Services Directive (PSD2) has been a focal point for the financial services industry over the last couple of years and its adoption is set to revolutionise the payment ecosystem in Europe. New entrants, innovative technologies and increased regulation are already posing major challenges to traditional banks as they need to d...
05 August 2017 /payments
PSD2 is currently the hot topic in the payments industry in Europe. One of the main changes is the creation of new payment actors: Third Party Providers (TPP). We will witness several non-banking entities enter the payments space as TPPs, for example social media platforms and other Fintechs. In a digital world where about 50% of buying decisions...
05 August 2017 /payments /regulation
Anthony Walton CEO at Iliad Solutions
But can they successfully innovate? According to a recent news article on Finextra, 62% of European financial institutions expect to increase spending on payments technology throughout 2017. This major investment is being driven by the revenue-generating opportunities of instant payments and the need for increased operational efficiency. The repo...
03 August 2017 /payments Innovation in Financial Services
SWIFT is to the payments industry what taxi cabs are to travel. Old, slow and likely to hit your wallet by taking you on the scenic route to your destination. Why? Why not. What’s your alternative? For those of you who aren’t aware of SWIFT, it’s an acronym for the Society for Worldwide Interbank Financial Telecommunications. It’s a cooperative tha...
03 August 2017 /payments Fintech
There is no doubt that retailers recognize the value of knowing their customers better. Whatever the merchant sector, geography, or business model, understanding customer buying habits, payment and channel preferences, and satisfaction levels can drive sales, boost customer loyalty and raise revenues. But, in the ever-changing world of the omni-ch...
02 August 2017 /payments Data Management 101
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