Brought to you in partnership with D+H: In a world where a global mobile network enables instant communication and delivery of online services, consumers have grown to expect immediate payments – an overnight wait for authorisation isn’t good enough. How should banks respond? read more ..
Interview: “Not participating in immediate payments will be detrimental to a bank’s competitiveness”
This year, real-time payments are advancing in the US and Europe. Global financial services provider D+H has been working closely with the banks to help them prepare for this change. PaymentEye sat down with Moti Porath, Head of Product Management, Global Payments Solutions at D+H, to find out how the adoption of instant payments will affect the payments landscapes in these markets. read more ..
For e-commerce marketplaces, user experience has long been a prime focus. From aesthetic quality to ease of use, UX plays a major role in determining whether consumers stick with the platform long-term or abandon it in favor of a competitor.
The failure to keep pace with expanding compliance procedures has seen a rise in the number of financial penalties issued by regulators over the past few years. As anti-money laundering (AML), know-your-customer (KYC), counter-terrorism financing and other compliance obligations expand across different territories, organisations large and small have struggled to maintain adequate and comprehensive safeguards – often resulting in sizable fines and significant reputational damage.
A new report published by Earnix shows findings stating that most millennials will use a single portal to aggregate services from multiple banks with which they have existing customer relationships in the future. The report, The Role of Analytics in the New Banking Age 2017, also states that most banks believe predictive analytics and machine learning will become the most powerful way to win back customers over the next five years.
Andrew Quartermain, VP Sales at ACI Worldwide, explains that the growth of e-commerce and the rapid rise in the popularity of smartphones has played a big part in driving retail change, with today’s consumer now able to browse, compare, buy, receive and review products at their convenience, wherever they are. Highly connected consumers are demanding a more personalized and seamless shopping experience, wherever and however they choose to shop - and retailers have had to undertake a shift from paper to digital technologies to keep up with this demand.
CMA accepts Mastercard’s proposal to address competition concerns following the acquisition of VocaLink
The deal, which was first announced in July 2016, should now be concluded quickly.
The Global Business and Spending Outlook looks positive for the B2B payments industry.
A new case study published by Moovit demonstrates how the company uses Zooz to tackle and facilitate global expansion.
Ralf Ohlhausen discusses the EBA's announcement to outlaw screen scraping and what it means for fintech companies.
Sharon Manikon discusses whether the convenience of digital payments is overtaking that of cash in the economy.
If you think you know coins back to front, take our quiz and prove it.
David Nunn discusses the importance of e-commerce and how the pace of payments innovations is changing the market.
The crowdfunding was part of a £22m funding round that will support the launch of a current account facility.