How UK retailers are advancing with online payment innovations
Major UK and US retailers are embracing digital transformation much quicker than you would think and tackling the digital challenges they face in many different ways.
Major UK and US retailers are embracing digital transformation much quicker than you would think and tackling the digital challenges they face in many different ways.
In the latest episode of the FinTalk podcast we talk to Fabian Vandenreydt, head of SWIFT Innotribe about key trends in emerging financial technology, what to expect from Sibos and why there’s never been a better time to collaborate in financial services.
Cash was used in under 50% of all retail transactions across the UK in 2015, according to the British Retail Consortium's annual Payments Survey.
With less than two weeks to go until the US liability shift hits its first anniversary, MasterCard published new data evidencing the positive impact the technology is having on issuing banks, merchants and consumers, as well as saying adoption continues to grow.
Moneybox, a mobile app that allows users to save and invest their spare change, has launched in the UK.
There are increasing calls for the use of open banking APIs from industry groups and even the UK Treasury. It is clear that this market shift is inevitable, but while this openness will facilitate innovation and drive competition, there is uncertainty.
The European Banking Authority (EBA) has published the long-awaited draft of the Regulatory Technical Standards (RTS) covering Secure Customer Authentication (SCA) and secure communication. Tom Hay, head of payments at Icon Solutions shares his thoughts on whether they will be effective.
The US shift to the EMV standard is making progress, according to MasterCard, which said that 80% of its consumer credit cards now contain chips. This marks an 88% increase in adoption since the October 1st 2015 shift deadline.
Haunted by the mistakes of 2008, financial regulators decided to introduce more stringent regulations to lessen the likelihood of a double-dip recession. But this is now leading to growing concerns and begging the question – is regulation stifling innovation within the financial services industry?
New evidence suggests that the UK's tech scene isn't dealing with Brexit all that well with nearly three-quarters of respondents believing that the business environment may get worse.