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One year ago, I posted an article What’s next for Nordic payments? Rise of real-time that is cross Nordic border – the P27 initiative that now has become a de facto infrastructure with a real plan go...
GDPR. I bet you may have heard this abbreviation previously. Two years in, this European data protection regulation has become well-known for its hefty fines, new obligations and a broad geographical ...
The main reason to switch is that ISO 20022 payments messages carry much richer information than the redundant SWIFT MT messages and other legacy formats commonly used today. Also, the information in...
Risk of over €100 billion in lost sales (1) Surge of CNP fraud in other regions of the world without SCA Focus on qualifying transactions within exemption categories Since 2015 Merchants and paymen
Checks are one of the oldest methods of payment in the modern era, and although their use among consumers has declined significantly, businesses are another story. While they are less common in other ...
When the coronavirus pandemic hit the world, banks and finance companies rushed to make their transactions digital. All the countries started imposing lockdowns to protect their citizens. Due to this,...
Data is an increasingly important part of the payment industry. It is collected, analyzed, and used at various points during a payment transaction, and plays a vital role in making sure the payment re...
As we round off what has been a challenging and turbulent year, it is important to look back at the treasury industry changes that we experienced and the lessons and outcomes that we have learned. In ...
The modern business-to-business merchants are actively embracing online retail to step up their game. Relying on B2B portal development, they build solutions that bring together business customers fro...
The move from analogue to digital, already accelerated by Covid-19, will continue apace in 2021. The key factors driving this include: cultural change, growing regulation, cloud uptake and an increase...
ISO20022, also known as the universal financial industry message scheme, is the platform proposed by the International Organization for Standardization (ISO) to develop all financial messages. It is n...
In a customer-oriented society, the technologies are competing with each other in convenience, quickness, security, and agility what has resulted in unprecedented acceleration of advanced technologies...