Boaz Gam - page 4
Recent articles
Nigeria Will Launch Africa’s 1st Domestic Card Scheme - What to Expect?
The Central Bank of Nigeria (CBN) has announced that it will be launching Africa’s first national domestic card scheme by January 16, 2023. This important step is expected to bring multiple transformative benefits for the country’s residents, including enhanced financial inclusion and increased affordability of payment services.
1st SEPA Payment Account Access (SPAA) Rulebook: A Detailed Overview
On 30 November 2022, the European Payments Council (EPC) published the first SEPA Payment Account Access (SPAA) scheme rulebook. This set of guidelines and standards stretches beyond the PSD2 scope to new premium concepts and creates a foundation for businesses to adopt a wider array of open banking-powered payments.
Real-Time Payments: A Look Back at 2022 & 2023 Preview
The relevance of real-time payments (RTP) nowadays cannot be overstated, as they help to minimize financial anxiety by ensuring near-instant, simple, and secure transactions. This leads to RTPs becoming table stakes worldwide, driven by significant demand from both consumers and businesses.
Key Digital Payment Trends Retailers Should Watch in 2023
The digital payments landscape is transforming rapidly, so it’s essential for retail businesses to keep up with the changes to remain competitive. This entails not only monitoring emerging trends but also taking time to analyze past strategies. And what better time to do it than the end of the year?
The UK’s Payments Industry 2030 Agenda: Challenges & Opportunities
The UK’s payment ecosystem has a solid reputation as one of the forefronts of innovation and best practices. Moving forward, this sector is expected to live up to its high standards and realize even more of its enormous potential.
Can Lenders Benefit from Analyzing Alternative Credit Data?
Until just a few years ago, lenders would only take “traditional” credit data into account when assessing people’s solvency and making loan decisions. However, this approach is far from perfect, as it doesn’t take a large share of the population into account. As a result, millions of individuals overlooked by the old scoring system remain virtually invisible to finance companies.
Key Holiday Season Considerations for Payment Industry Businesses
The holiday season is finally here! As people actively shop for gifts for their loved ones, stores, businesses, and PSPs are busier than ever. So, while the celebrations are certainly an exciting time of year, they also come with pressure to provide the best experiences to consumers, from creating the best offers to ensuring the checkout goes smoothly.
Eco-Friendly Payment Cards: Beating Competition and Climate Change
According to the latest studies, 85% of consumers have shifted toward choosing greener products over the past five years. This positive trend has seen a reflection across many industries, with the sphere of payments being no exception. As a result, multiple banks have started offering eco-friendly cards, and this innovative solution is gradually taking over the world.
Connected Cars: How Are They Helping Drive the Payment Revolution?
Modern vehicles continue advancing at an impressive pace and are becoming increasingly more connected. Just a few decades ago, it was unimaginable that a car would be not only a convenient means of transportation but also a wallet on wheels, featuring embedded payments and enabling consumers to buy services on the go.