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Latest Results from /payments

Madhvi Sonia

Madhvi Sonia Head of Content at Finextra

Open banking year seven: Beyond the Data (Use and Access) Bill and National Payment Vision

13 January marks the seventh anniversary of PSD2 and the creation of open banking in the UK in conjunction with an order implemented by the Competition and Markets Authority (CMA) in 2018. According to Open Banking Limited (OBL), there are now over: 11.7 million active users of open banking-enabled products in the UK, 1.7 billion API calls made p...

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Madhvi Sonia

Madhvi Sonia Head of Content at Finextra

Instant Payments Regulation: What the 9 January 2025 IPR deadline means

Acronyms galore: those in the financial services industry must fully understand the ins and outs of the European Union’s (EU) Instant Payments Regulation (IPR) – that intends to ensure real-time payments are standardised in the Single European Payments Area (SEPA) – to bolster the digital economy and serve the evolving needs of consumers and busin...

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Amit Levi

Amit Levi SVP Product Management at Papaya Global

The digital cash gap: Why remote payments are make or break for global expansion

The next wave of market expansion won't be limited by geography – it'll be defined by payment agility. As enterprises race to capture opportunities in emerging markets and build truly global workforces, they're confronting a strategic challenge that cuts to the core of modern business operations. While we can connect teams across continents in sec...

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Níamh Curran

Níamh Curran

Click to Pay: How SaaS platforms ease card issuer implementation

The European payments landscape is evolving rapidly. Visa and Mastercard have launched their Click to Pay mandates, meaning it will be compulsory to integrate this technology for issuers. This will change depending on the country, but in 2025, Mastercard have a deadline of 24 January and Visa, 18 April. With these upcoming deadlines, and some alre...

/payments

Liam Xavier

Liam Xavier Media Producer at Finextra

Fraud, Financial Crime and Forecasts: Finextra’s Top TV Videos of 2024

In a year marked by political volatility, continual regulatory pressures and an overwhelming conversation around instant payments and fraud, 2024 proved to be a year of as much financial obstacle as financial innovation. All, it must be said, for the positive progression of the industry. Of course, when years like this occur, it paves the way for ...

/payments

Hamish Monk

Hamish Monk Senior Reporter at Finextra

How to choose a core banking provider

In simple terms, core banking points to the technology platform a financial institution deploys to sustain its key processes. It can be thought of as a central nervous system, delivering – from the back end to the front – vital services, such as transactions, onboarding, account management, currency exchange, card issuance, financial accounting, ...

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Níamh Curran

Níamh Curran

How tokenisation can grow e-commerce in 2025

Global retail e-commerce sales are forecast to grow to $6.8 trillion and capture 24% of global retail sales by 2028, according to Forrester. Within this increasingly digitalised economy, consumers are raising their expectations of what they want from a checkout experience. For merchants, cart abandonment due to an unsatisfactory checkout experience...

/payments

Olivia Murphy

Olivia Murphy Managing Associate at Linklaters

How the FCA’s proposed safeguarding rules could re-shape the UK payments industry

The much-anticipated FCA consultation on its safeguarding requirements for payments firms was released at the end of September. In their current form, the proposals are set to have significant impact on the UK payments industry, particularly for some smaller firms and certain business models. What are the safeguarding rules? The safeguarding requi...

/payments

Mehret Habteab

Mehret Habteab SVP Processing Platforms & Network Products at Visa Inc

Future proofing payments security on a fragmented landscape

In today’s global, instant and inter-connected world, the payments ecosystem comprises more players than ever before. The benefits of such a model have included unprecedented levels of competition, innovation, and service – for everyone. But this has also meant that there is an increased attack surface for bad actors, making fraud prevention and s...

/payments

Hamish Monk

Hamish Monk Senior Reporter at Finextra

How to establish a correspondent banking relationship

Correspondent banking lays the groundwork for a healthy international ecosystem of financial services. According to SWIFT data, however, the number of correspondent banking relationships has been in decline globally for the last decade. Compounding the issue has been a simultaneous rise in the volume and value of cross-border payments – suggestin...

/payments

Gautam Pillai

Gautam Pillai Head of Fintech Research at Peel Hunt

The future of payments: Trends and transformations

The fintech industry is undergoing a rapid transformation, driven by new technologies and evolving consumer needs. Similar to the internet and the dot-com crash of 2000, the fintech industry underwent a shakedown in 2022 which has helped to weed out the weak business models and showed the resilience of the rest. Today, nearly three years on, we ar...

/payments

Guy Dolinko

Guy Dolinko Head of Risk at Fibonatix

Beyond the labels: Why fraud is now everyone's problem

When we think about payment fraud, it’s natural to picture businesses that deal with bigger challenges—industries facing more complex regulations and heightened scrutiny. But while these high-profile businesses are often well-prepared to fight fraud, there’s an unexpected trend emerging: fraudsters are turning their attention to “low-risk” merchan...

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