Boaz Gam
Recent articles
How 5G Is Transforming Payment Networks with Speed and Scalability
Payment systems are changing quickly as technology keeps advancing. With 5G now in the mix, we’re seeing payments become quicker, easier, and more connected, and that’s opening up new possibilities for businesses and consumers alike.
The Role of AI in Fraud Prevention: Strengthening Payment Security in 2024
Humans can’t match computers when it comes to analysing data, which is why AI and machine learning are so valuable. They can identify and act on patterns far too complex for us to detect.
Invisible Payments: The Future of Seamless Transactions
As payment providers continue to innovate, the goal for businesses is clear — streamline transactions and remove any barriers that slow the process down. The result is faster, simpler payments that save time and effort, which leads to more transactions and greater efficiency. The shift is already taking shape with consumer-facing digital platforms and apps that create smoother shopping experiences. However, when it comes to other types of transactions, the road ahead is less clear.
ISO 20022: Redefining Standards in Global Payment Systems
The global shift to a standard format for card and mobile payments has improved the user experience worldwide as digital payments continue to grow. There have been some advances in cash management, but the real change will come with the global use of ISO20022 across the SWIFT (Society for Worldwide Interbank Financial Telecommunications) network. This will be instrumental for further digital progress in international and high-value domestic payment systems.
Payments as a Strategic Asset in the EU
Viewing payment processing as simply an expense overlooks a big opportunity. Leaders should recognise that payments are more than just a necessary function; they can be a powerful way to drive profit. With the latest advancements in payment technology, businesses can reduce costs while creating new sources of revenue.
UAE: Current Payment Environment and Future Trends
Located at the intersection of East and West, the Middle East and Gulf regions have strong connections with both emerging and established economies. This unique position has allowed them to adopt various global best practices and made the region an exciting place for payment system innovation.
Brexit’s Ripple Effect: What It Means for European Payment Gateways
On 31 January 2020, the UK made history by pulling out of the European Union. Commonly known as Brexit, a portmanteau of ‘British exit’, this withdrawal was a controversial one, with the Leave faction only winning by a margin of 3.78%. Indeed, so split was the UK in the wake of the Brexit referendum that today, nearly five years later, it is still an area of contention for many throughout the country.
UK: 2024 Analysis of Payments and eCommerce Trends
The UK payments landscape has changed dramatically over the last decade and has provided consumers with more choices and flexibility than ever. People can now select the payment method that suits them best, and the systems behind these payments deliver real value to both consumers and businesses.
Global Payment Systems and Geopolitics
International trade and finance are both hugely important forces in our increasingly interconnected world, both driven by cross-border payments. Cross-border payments — that is, transactions that take place between two or more countries — form the backbone of today’s global economy, facilitating the exchange of goods, services, and capital internationally.