Payments sector divided over SCA deadline
The European payments industry is at odds over whether the December launch of secure customer authentication (SCA) should be maintained. “Pushing back ... read more
Redefining remittances: Fintechs during coronavirus
By Daumantas Dvilinskas, CEO and co-founder, TransferGo According to new projections by the World Bank, remittances are set to decline by as ... read more
Coronavirus to motivate open banking adoption
The move towards open banking, or the adoption of common application programming interfaces (APIs), may see greater acceleration as a result of ... read more
How payment firms can ensure their websites remain regulatory compliant
By David Clee, CEO and co-founder, MirrorWeb As I write this, the world is of course not only dealing with the health ... read more
Time to embrace digital payments
By Ashwin Shenoy, VP sales, CEMEA, PayMate As you start reading this piece, you are probably thinking ‘what’s a payment article doing ... read more
Banking system at risk amid CBDC bolstering
Bank systems risk impairment as coronavirus spurs plans to experiment with central bank digital currencies (CBDCs), says Gregory Klumov, CEO of STASIS, ... read more
“Opening a bank account is not enough”
Shefali Roy, CCO and COO of TrueLayer, discusses the issues surrounding being under and unbanked and how Open Banking could offer a solution
How is coronavirus affecting regulation in the payments industry?
By Paul Anning, partner, Osborne Clarke The UK’s financial services regulators, industry bodies and market participants all have a part to play ... read more
Cash must remain an option despite pandemic, industry bodies state
Cash is facing a steep decline as coronavirus concerns have prompted a rise in contactless payments, yet industry leaders maintain that cash ... read more
Crypto’s safe-haven status wavers amidst market crash
Perceptions that cryptocurrency performs autonomously from other markets is being questioned as bitcoin crashed by 50 percent on March 12. Market participants ... read more
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Tech innovation vital for mitigating airline crisis
The airline and travel sector’s coronavirus crisis may spark tech innovation in the industry, market participants predict. Customers will look to travel ... read more
COVID-19: our action plan
Dear reader, As the coronavirus pandemic spreads, we continue to hear and read unsettling stories from around the globe. At Payment Eye, ... read more
Bank of England slashes interest rates amid coronavirus outbreak
By Aaran Fronda The Bank of England (BoE) has announced an emergency cut to the base interest rate from 0.75 percent to ... read more
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
Central bankers and policy makers debate CBDC use cases
The “immediate need” for central bank digital currencies (CBDCs) is up for debate as use cases evade central bankers and policy makers. ... read more
People moves: Billtrust, LedgerX, ShapeShift and more
Billtrust appoints new CFO New Jersey-based fintech firm Billtrust announced on February 20 that they appointed Mark Shifke as its new CFO. ... read more
Payments industry must adjust to heightened VAT reporting
New VAT reporting procedures will place an unnecessary burden on the payments sector, says Elie Beyrouthy, board member of the European Payments ... 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
