Future of hi-tech payments balanced by need for security
by Bija Knowles
A report on consumer payment habits suggests that businesses must continue to cater for cash spending, at least for the moment
Payments - Receipts at POS
Background
Point Of Sale (POS) payments are no longer just over the shop counter, they also includes payments from sales on the Internet, on mobile phones and on many other devices. But whatever the POS,…
Read morePayments: New card technologies & cards; Open Payment Platform; UK Faster Payments; Card charges row
by Jack Large
Revolution continues with good and the bad
Contactless puts cash second in UK, as payment habits change
by Bija Knowles
UK consumers are now using debit cards more than cash to buy day-to-day goods, according to figures released by UK Finance
PSR paper on how payments data is used
by Bija Knowles
A PSR discussion paper on how data is used in the payments industry identifies 3 key areas it needs to explore in more detail
EBA Clearing to focus on cross-service alignment
by Bija Knowles
EBA Clearing has said it will prioritise cross-service alignment for the next few years and will focus on the development of its large-value payment platform, EURO1
Payment update: real-time payroll; SWIFT gpi in China
by Jack Large
Payroll processing improves; 86% of cross-border payment traffic conducted by Chinese banks will use SWIFT gpi
Global future of e-commerce, payments and retailing
by Jack Large
EDC’s 12th Advanced Payments Report report insights
When will ‘no checkout’ become common practice?
by Bija Knowles
The majority of European payments professionals think that 'no checkout' at physical stores in Europe is five years or more away – as Amazon Go announces more stores in the US
Reports of the death of payment cards have been greatly exaggerated
by Jack Large
Edgar, Dunn & Co.’s Advanced Payments Report 2018 - perspectives from professionals and practitioners who monitor advances and innovations in the world of payments
38% of companies admitted to paying their suppliers late to protect liquidity
by Jack Large
Bottomline’s UK Business Payments Barometer 2018 reveals sad state of affairs as Brexit now top concern
Platforms with potential for new payment services
by Jack Large
Citi first corporate bank to enroll as registered third party payment provider for Open Banking in UK; Bankable partnering with Starling Bank and Transact Payments to deliver full-service payments infrastructure
Payment Links the tidy, fast way to collect payments
by Jack Large
New technology is opening up new markets
How to minimise horrendous payment card chargeback costs
by Jack Large
Research shows that in USA in 2017 chargebacks cost $31bn of which merchants bear nearly two-thirds of cost, and that for every dollar disputed, merchants and issuers can incur $1.50 more in costs
New CTMdirectory - makes browsing for products and services a delight
by Jack Large
Annual subscription gives corporate treasury suppliers and advisers access to 1000s of viewers world-wide for only a few £100s/year
Payments update: inexorable growth, overcharging, and payments inside service
by Jack Large
Mobile inexorable growth but not all wallets included; card company charges under threat; P2P service problems
BIS sets out 7 steps for ensuring payments security
by Bija Knowles
The Committee on Payments and Market Infrastructures has set out seven elements that form part of its strategy to reduce the risk of wholesale payments fraud
Death of cash and payment cards greatly exaggerated
by Jack Large
New study and new payment card technology shows both growing
Open banking is big opportunity for fintechs
by Bija Knowles
The majority of UK fintech companies see open banking as a major area of opportunity, according to UK FinTech Open Banking Snapshot, a study by EY
In UK: Pay 1.75% per chip and PIN or contactless for all major cards (even Amex)
by Jack Large
Square package disrupts UK payment card market as card usage expands rapidly
Ant Financial = future of finance and banking?
by Jack Large
Will the west ever catch up with their strategy and delivery that optimises digital technologies: AI, Blockchain, Cybersecurity and much more
Payments update: global move from cash and cheques; Ripple; Apple Pay
by Jack Large
Payment type market shares; Ripple revolution; smartphone as POS; Apple Pay lack of progress
SMEs look to invoice finance to solve cash flow problems
by Bija Knowles
UK businesses are increasingly turning away from mainstream bank finance to deal with issues such as late payment, cash flow uncertainty and business expansion
Why fintechs are taking over in collecting e-commerce payments
by Jack Large
Stripe shows the way to simplify and seamlessly integrate
2018 forecast for payments and commerce
by Jack Large
40 global leaders share how they expect things to play out in the industry in 2018