Dear Subscriber,

In this issue of the PaymentEye e-newsletter, Payneteasy reveal the challenges that banks and fintechs alike face when building their payment infrastructures.

Elsewhere, Dave Beach and Michael Hocking talk to Dr. Marcell Volmer, SAP Ariba, about the future of blockchain adoption in sustainable procurement, and new research from Paymentsense reveals the top cashless cities and industries in the UK.

Payneteasy discuss their solutions for banks and fintechs that need to build their payment infrastructures at speed.

A study of 2,000 UK residents revealed a significant sway towards cashless payment methods in public opinion, as well as the most ‘cashless’ cities and industries in the UK.

Hailed as a “game-changer” by Lars Sjögren, global head of transaction banking at Danske Bank, the development comes at a time when correspondent banking is seeing something of a reshuffle as cross-border payment fintechs go commercial and challenge the incumbent heavyweight, SWIFT.

Regulators should consider use cases rather than tarring the entire DLT market with the same brush, says Kriya Patel, managing director of Transact Payments

Reporter Dave Beach had the pleasure of speaking to Dr Marcell Vollmer, chief digital officer at SAP Ariba during SAP Ariba Live at the RAI in Amsterdam.

On Tuesday (April 24th) HSBC announced they had gone live with SWIFT’s global payments innovation (gpi) service.