payments
FinanceCashless Societies and the Need for Trusted Timestamping in the Digital Economy
BankingBanks and Real-Time Data – Are They Running Out of Time?
Top StoriesUkraine Defence Ministry Website, Banks, Knocked Offline
BankingOpen Banking’s Role in Addressing the Cost of Living Crisis
Visa’s Anti-Bot Play Means It’s Time to Think Beyond the Captcha
Date: February 15, 2022
By Marc Brown, APJC Director, Sales and Solutions Engineering for multi-cloud security and application delivery company F5. Most of us are familiar with the experience of having to tick a box and evaluate a few images or write out distorted letters to prove ‘I am not a robot’ when shopping online. CAPTCHA’s challenge-response technology has become a...
EU Member States Move Towards a Cashless Future
Date: February 15, 2022
By Florian Winkler, COO and Co-founder of VitraCash] The global shift towards a cashless economy has been in progress for more than a decade. The start of the COVID-19 pandemic and the push for contactless payment methods triggered an even faster increase in digital payments and mobile wallet usage. Whilst usage is on the rise,...
Europe’s Banks Fear Payment System Could Be Casualty of Russia-Ukraine Crisis
Date: February 15, 2022
By Tom Sims, Lawrence White and John O’Donnell FRANKFURT (Reuters) -Amid fears of a Russian invasion of Ukraine, Italy’s UniCredit has backed out of a potential acquisition in Russia and Austria’s Raiffeisen Bank International has set aside risk provisions for possible sanctions on Russia. What the region’s banks now fear most is that Russia gets banned from a...
Tap-To-Phone Will Change the Payments Game for Small Retailers and Merchants
Date: February 10, 2022
Kasper Enggaard Krog, CEO at mobile payment and business technology firm, Vibrant, explains why micro businesses should explore new payment options. As we enter a new, hopefully calmer, year, small businesses, retailers and merchants should be looking towards a new payment method. It’s time to tap into softPOS. Otherwise known as tap-to-phone, the notion of...
No One-Size-Fits-All for Central Bank Digital Currencies – IMF
Date: February 9, 2022
By Marc Jones LONDON (Reuters) – Evidence emerging from the first central bank digital currencies (CBDCs) around the world suggests there is no one-size-fits-all model as stability and privacy are designed into systems, the head of the International Monetary Fund has said. Roughly 100 countries are now looking at CBDCs, the IMF estimates, and it...
How Real-Time Payments Are Revolutionising Payroll
Date: February 8, 2022
By Ian Wheeler, founder and CEO of northwest-based fintech payroll company, Income Group, explores the emerging trend of real-time payments in the payroll space, and how these new processes are revolutionising the industry. Income Group’s platform, IGsend, is one of these platforms that are empowering the payroll space through instant, real-time payments. In today’s world,...