payments
Top StoriesDenmark’s Orsted Warns of Russian Gas Supply Halt After Spurning Rouble Payments
Top StoriesRussia to Service Foreign Debt Using Gas-For-Roubles Type Scheme -Vedomosti
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Top StoriesBanks May Have to Jettison Old Tech to Be Reliable, Says Bank of England
The Three Steps for Success With Bnpl
Date: May 19, 2022
By Michael Pierce, Commercial Director, Banking – Western Europe at FintechOS Buy now, pay later (BNPL) is, by definition, a challenger’s business model. It redefines aspects of both payments and lending, without being reliant on traditional definitions of either. While the concepts of store credit and paying by instalments have existed for decades, the current...
Blurred Lines: Everyone’s a FinTech
Date: May 19, 2022
By Shawn Conahan, Chief Revenue Officer, Wildfire Systems Willie Sutton was a very successful American bank robber, who, when asked why he robbed banks, famously (if not apocryphally) stated, “Because that’s where the money is.” Today, the notion of a bank being a physical location full of cash seems a bit quaint, particularly as we...
Going Beyond Its Guidance on Russian Gas Payments Is Not ‘advisable,’ EU Says
Date: May 19, 2022
BRUSSELS (Reuters) – It is not “advisable” for companies to go beyond the European Commission’s guidance on how to keep paying for Russian gas without breaching EU sanctions against Moscow for its invasion of Ukraine, a Commission spokesman said on Thursday. “We have given guidance to the member states that says what it is that...
Why Cash Will Be Around for Longer Than Some Consumers and Brands May Want
Date: May 18, 2022
By Rebecca Crook, Chief Growth Officer, Somo, a digital product agency One of the key things Covid accelerated was the move towards a cashless society. People didn’t want to handle cash so companies stopped accepting it. This has now been adopted as the norm moving forward for many restaurants, bars and even tradespeople who would...
Stay Out of the Headlines: Reduce Payment Fraud
Date: May 18, 2022
By Bob Stark, Global Head of Market Strategy, Kyriba According to the 2022 AFP Payments Fraud and Control Survey, 92% of finance leaders observed that fraud in 2021 was as bad as, if not worse, than the year before. As payment fraud continues to be a major concern for all types of organizations, state and...
Adflex Adopts Click to Pay Service From Mastercard for a Simplified Checkout Experience
Date: May 18, 2022
Digital-Payments-as-a-Service (DPaaS) provider becomes early adopter of convenient and secure checkouts for business customers 18 May 2022 – B2B payments specialist, Adflex, today announced the release of Click to Pay to its merchants, expanding the company’s partnership with Mastercard. This offers buyers an optimal checkout experience through a dynamic payment platform designed to increase transactions...