John Bertrand MD at Tec 8 Limited
Bank Fraud was examined in clinical detail at LexisNexis ‘Trust:Live 2024 Conference. Fraud represents 49% of UK Crime. No one knows how many scammers are out there. The scale of scam messages, over 1 billion sent over the telecom networks this year, suggests a significant number of digital fraudsters. The Dedicated Card & Payment Crime Unit ...
27 June 2024 /payments /crime Artificial Intelligence and Financial Services
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
The fintech sector is undergoing significant changes as it embraces sustainability and ethical principles. This movement, known as green fintech, is transforming financial services to address environmental and social issues. Understanding Ethical Finance Traditional financial metrics such as profitability and revenue remain crucial, but ethical fin...
25 June 2024 /payments /retail Banking Strategy, Digital and Transformation
Robert Kraal Co-founder and CBDO at Silverflow
Say ‘Mississippi’. In the time it took you to say it, $199,771 USD was spent online – the $6.3 trillion eCommerce market divided by the 31,536,000 seconds in a year. If every sale made in that single second was routed to the average global citizen’s bank account instead of hundreds of companies then, since they earn $9,733 per year, they would ma...
25 June 2024 /payments /startups The Payments Business
Cheryl Chiodi Industry Strategist, Financial Services at Akamai
Lessons from the Past Prove Why Instant Payments Must Prioritize Security by Design Having just returned from an incredible week in Lisbon at EBADay 2024, I am eager to share insights from this year’s theme, “Orchestrating the Dialogue on Payments - The Collaborative Advantage.” The event encouraged collaboration and featured provocative conversat...
24 June 2024 /security /payments API
Abhinav Paliwal CEO at PayNet Systems- A Neo Banking Software Platform
It was long believed that developed economies firmly rooted in the credit and debit card tap-and-pay ecosystem would be difficult to change. Due to their perceived insecurity and clumsiness, QR code payments were limited to developing nations. But a subtle revolution is taking place that is upending this presumption. Singapore is one example. Once...
24 June 2024 /security /payments Banking
James Booth VP Head of Partnerships, EMEA at PPRO
There is a famous phrase, which has been attributed to both Winston Churchill and George Bernard Shaw, that states the UK and the US are “two nations divided by a common language”. This refers to the fact both countries use the same language, but style, spellings, and meanings are often quite different. This analogy can easily be extended to payme...
19 June 2024 /payments /inclusion The Payments Business
Jamel Derdour CMO at Transact365 / Nucleus365
In the global arena of finance, emerging markets are increasingly becoming the epicentre of a profound shift in payment systems. As technology advances and connectivity spreads, these markets are experiencing a surge in the adoption of digital payment solutions, reshaping the way individuals and businesses, transact and interact with money. This a...
18 June 2024 /payments /markets Innovation in Financial Services
Terry Hubert Global Trade Strategist at Swift
As we see different industries exploring how digitisation can improve their business practices, it’s particularly exciting to consider how innovative technology can enhance global trade practices. However, the complex nature of the industry creates unique challenges that will require the global community to come together to effectively drive a fri...
18 June 2024 /payments /regulation
Nikolay Denisenko Co-Founder & CTO at Brighty App
The traditional model of the 9-to-5 job with a steady paycheck and employer-sponsored benefits is fading fast. Last year, up to 30% of the global workforce participated in some form of freelance or independent work. Fueled by digital platforms and on-demand services, this new landscape, known as the gig economy, offers flexibility and independence...
17 June 2024 /payments /crypto Analytics in Banking
Alexander Bachmann CEO at Mitgo Group
In the age of widespread online shopping, cashback has emerged as an effective strategy for attracting traffic and enhancing customer engagement alongside the development of e-commerce platforms. According to a recent Statista study, the global number of online buyers reached 2.71 billion in 2024, and this figure is expected to rise to 2.77 billio...
14 June 2024 /ai /payments Finextra site news
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