186 Results from 2017, /payments
Retired Member
Like you (no doubt), I’ve read countless articles discussing the business case and challenges associated with delivering real time payments. There’s a lot of focus on what new innovative products can be developed, whether they’ll deliver a profit, and the types of services consumers really want. While this debate goes on, it’s interesting to see o...
01 August 2017 /payments
André Stoorvogel Director, Product Marketing – Payments, Rambus at Rambus
We predicted that 2017 would be the year of ‘Mobile Payments 2.0’, with seamless payment methods, value-added services and alternative payment channels coming to the fore. As we move into the second half of 2017, what better time to take a moment to reflect on what we have learned from the year so far, and the key trends and technologies driving p...
31 July 2017 /payments
Jeremy Light Co-founder at Fourdotzero
The PSD2 regulatory technical standards (RTS) for strong customer authentication and secure communication are proving difficult to finalise. With the EBA rejecting the EC's amendments to its final draft RTS, it is now up to the EC to publish the final text, subject to scrutiny by the EU Parliament and EU Council. With this saga running on and on, ...
31 July 2017 /payments /regulation
Chris Brown CTO at Trusek
There has been a huge amount written about PSD2 recently and much of it appears to be, with the greatest respect, over complicating the issue. Very fundamentally, to provide for all of the requirements of PSD2, we have three transaction types: balance, transaction list / statement and payment. Obviously, since these requests are coming from co...
28 July 2017 /payments Innovation in Financial Services
Anthony Walton CEO at Iliad Solutions
That the payments industry is being reshaped by unprecedented waves of change is not news. A constantly evolving regulatory landscape, fast-developing technology, an influx of innovative new entrants and an increasingly demanding customer base are all driving payments market participants to transform their businesses – and their technology – to re...
24 July 2017 /payments Digital Banking Trends
Avik Nandi Payments Consultant at Wipro Ltd.
According to a WorldPay report, cards which accounted for over half (57%) of internet payments in 2012, will fall to 41% by 2017. Alternative Payments would rule the online payment markets with a 59% growth. Usually, alternative payments are everyday payment methods and can be divided into local and global methods. Local alternative payments addres...
24 July 2017 /payments Fintech
Richard Ransom, Payments Solution Lead, Bottomline Technologies In recent years, there have been numerous headlines hailing the rise of a new breed of financial technology players and the downfall of incumbent banks. However, to what extent has this been the case and how valid is it? There was plenty of debate at the recent EBADay in Dublin foc...
A few years after Bautista closed his business I casually met him in a cafe nearby the Town Hall. After saying hello to him and asking how were things going (not very well, I must say) we started talking about his business and why he had closed it down. He said that he did not understand why the Town Hall passed a law to promote competition in fina...
23 July 2017 /payments /regulation Online Banking
Milos Dunjic AVP, Payments Innovation Technology Solutions at TD Bank Group
The 3D Secure 1.0 framework was originally introduced to address lack of consumer authentication in legacy online environments, mainly in cases where online merchant and consumer were not engaged in face to face transaction, i.e. when there was clear lack of confidence that consumer who is paying, was the legitimate owner of the payment card used ...
23 July 2017 /payments Innovation in Financial Services
Within the mobile payments industry, the term ‘buying experience’ is becoming increasingly prevalent as the focus moves away from the enabling technologies and the act of paying, towards enriching interactions with the consumer. But what does an enhanced buying experience actually look like? To find out, let’s join our Smart Shopper on their luncht...
21 July 2017 /payments
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