Targeting the US
Ogone, an online payment service provider, has set up offices in the US with the aim to open up European e-commerce markets to US business. The team, headed by Regional Head for North America James Byler, will also be focusing on establishing local partnerships and expanding the company’s network. Ogone is looking to provide US companies with an opportunity to do business with e-commerce enterprises in Europe and around the world, online and on mobile, and to maximise revenue by enabling local payments in those markets. Online sales are forecast to grow by 16.1% in Europe this year compared to 9% in the US.
Whitepapers
Related reading
Central banks best suited to issue digital currencies
By Aaran Fronda A recent report by the Official Monetary and Financial Institutions Forum (OMFIF) said that central banks rather than private ... read more
Instant payments: innovations inbound for corporates
In 2020, instant payments look set to continue their current trajectory to become the biggest trend in payments. While these schemes already offer numerous benefits to corporates, leveraging innovations such as APIs and request to pay will go some way to unlocking their full potential, argues Michael Knetsch
Obstacles exist for banks to meet ECB’s instant payments goal
The cost of joining instant payment platforms will be one of many hurdles banks and payment services providers must overcome to meet ... read more
Banks must be aware of “biases” in data used to train ML models
Financial institutions need to be conscious of biases in the historical data that is being used to train machine learning (ML) models, ... read more
