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
Latest Articles
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
Businesses failing to identify customers amidst synthetic ID concerns
Businesses have a “false sense of confidence” around their ability to identify and re-identify customers says David Bernard, senior vice president, global ... read more
Report: What Open Banking will change
By James Buckley, head of Finacle Europe A research report on Open Banking in the UK says that the use of APIs ... read more
People moves: OKEx, Trustly, and more
OKEx names a new COO Malta-based cryptocurrency exchange provider OKEx announced on January 7 that its chief operations officer (COO) Andy Cheung ... read more
FX markets to see less central bank involvement
Central banks will take a back seat in currency markets this year, according to Paul Robson, head of G10 FX strategy, EMEA, ... read more
UBS looks to build tech solutions in minutes
A change in UBS’ approach to software engineering could see the Swiss bank condensing solution development time from months to minutes, according ... read more
New fraud reporting fields a burden for PSPs
Collecting data necessary for two new fraud reporting fields under the second Payment Services Directive (PSD2) could prove difficult for some Payment ... read more
EPA’s Craddock: UK’s bigtech tax “anti-competitive”
Damage to the UK’s growing fintech sector will far outweigh any benefits from introducing a tax on bigtech, according to Tony Craddock, ... read more
“Commodified solution” for AI explainability in the offing
The banking space will see widespread artificial intelligence explainability this year, according to Prema Varadhan, head of AI and chief architect at ... read more
