payments
BankingBank Instant Payment Shift to Help Business and Consumers, Says EU
TechnologyBusting the Myths on Wearable Tech: It’s Not as Complex as You Think
BankingISO20022 Is Coming – but Is the Banking Sector Ready?
BusinessCollaboration Isn’t the New Competition, It’s a Necessity
Patents Are Driving Quantum Leaps in Payment Innovation
Date: October 25, 2022
By Ilya Dubinsky, Vice President of the CTO Office at global cross-border payments provider Finaro, outlines how patent developments in artificial Intelligence and customer authentication will determine the future direction of payments. Fintech is meshing human ingenuity and technological leaps to create the innovations that today’s consumers and businesses take for granted. Contactless cards removed the...
Poland’s Bank Millennium Third-Quarter Results Hit by Payment Holidays
Date: October 24, 2022
WARSAW (Reuters) -Bank Millennium, part of Portuguese banking group Millennium bcp, on Monday reported a third-quarter net loss of 1.0 billion zlotys ($205.31 million) as the bank counted the costs of loan repayment holidays. Poland earlier this year introduced measures to allow borrowers hit by rising interest rates to take advantage of so-called payment holidays....
A View From Milan FinTech Summit: Italian FinTech Strikes an Upbeat Note
Date: October 21, 2022
By Alessandro Hatami, managing director of strategic consultancy Pacemakers Buoyancy and Italian banking do not often go hand in hand. And yet in my third year of chairing the Milan Fintech Summit and despite the grim global financial outlook, what struck me was a pervasive feeling of optimism and opportunity. Italy is the third largest...
Are Late Payments an Unavoidable Part of Doing Business?
Date: October 19, 2022
By Krzysztof Hoffman, Head of Payments, Vodeno Small to medium enterprises (SMEs) make up 99% of all businesses in the EU and account for more than half of Europe’s GDP, as such their role in the economy is impossible to overstate. Yet, one issue that impacts many SMEs’ ability to grow and expand is an...
The Future of Banking: Banking Technology & Design Trends in 2022 and Beyond
Date: October 19, 2022
By Andre Figueiredo, Creative Director at R/GA London It’s no secret that the more future-facing banks and financial institutions are rapidly moving away from the product mentality and adopting a data-led service approach to stay relevant in a market flooded with innovation. Banking is changing at its very core. Consumer expectations are shifting, new technologies...
Banks Are Taking a Knife to a Gunfight Without Fraud Analytics
Date: October 19, 2022
By Mark Crichton, Head of Product at Outseer Fraud is a global business, and it’s booming. The number of online fraud attacks continues to rise and shows no signs of slowing down. A PwC crime survey found that in 2021, global fraud losses topped $42bn. In H1 of 2022, Outseer data shows that APP fraud – where consumers are...