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Recent blog posts
Global
Introducing the Most Effective Way to Tackle Failed Payments
For a business owner, only a few things are as daunting as the prospect of failed payments, as they can have far-reaching consequences for the company's bottom line and overall financial stability.
28.02.2023
9 min
Global
Combatting Advanced Payment Fraud: Practical Tips for Merchants
While the payment industry is evolving at an increasingly fast pace, one thing remains ever-present - fraudulent activity. What's more, the tactics implemented by dishonest players keep becoming more and more intricate, prompting businesses to search for solutions that could tackle these higher-grade challenges.
27.02.2023
5 min
Global
How a P2P App Can Be a Game-Changer for Your Fintech Business
Peer-to-peer (P2P) technology has been disrupting the payment industry over the past years by enabling consumers to transfer money directly to one another without the participation of traditional financial institutions.
21.02.2023
5 min
Global
South African Reserve Bank’s New Rapid Payments Program Explained
The South African Reserve Bank (SARB) is currently in the process of testing its new Rapid Payments Program (RPP), which is expected to bring about a revolution in the way people make financial transactions across the country, once it’s launched later this year.
20.02.2023
4 min
Global
What Are the Latest Updates on the Digital Euro Project?
The European Central Bank (ECB) began investigating the potential of introducing the digital euro over a year ago. Since then, the work on this project has been actively progressing, with the ECB holding multiple discussions about its key design options with the Committee on Economic and Monetary Affairs of the European Parliament over the course of 2022.
14.02.2023
4 min
Global
The UK’s Payment Landscape: How Has It Changed Over the Past Decade?
The United Kingdom’s payment ecosystem has undergone significant changes over the past decade, driven by advancements in technology, a shifting regulatory landscape, and a growing demand for security, speed, and convenience among consumers.
09.02.2023
5 min
Global
New Payments Architecture & ISO 20022: Everything You Need to Know
The UK’s Faster Payments system has been effectively enabling instant money transfers between participating banks since 2008. However, despite the prominent role this scheme has played throughout the years, it is gradually becoming outdated and requires an upgrade to keep up with the rapidly evolving payments landscape.
07.02.2023
4 min
Global
Which Factors Will Be Shaping Europe’s Payment Industry in 2023?
The past few years have been marked by rapid changes within Europe’s payment ecosystem. These developments have prompted businesses, FIs, and PSPs to significantly adjust their operations and keep up with the trends. As we enter 2023, it’s already clear as day that the pace of the European payment industry’s evolution is nowhere near slowing down.
06.02.2023
6 min
Global
Why Should Merchants Set Their Course for Real-Time Payments in 2023?
We live in a time of dramatically escalating inflation, severe supply and cash flow issues, and a rapidly increasing cost of living. All these factors slow down retail growth, intensify competition, enhance friendly fraud risks, raise payment fees, and shrink margins - in other words, they force businesses to invest more resources to win each sale.
03.02.2023
4 min
Global
The Comprehensive Guide to India’s e-Rupee Initiative
As you might know, India is making a big step toward a digital future with the launch of the e-Rupee, a digital version of its national currency. The work on this project of major importance is actively ongoing, with two pilots already having aired in the wholesale and retail sectors in November and December 2022, respectively.
25.01.2023
15 min
Global
Biometric Payments: Tackling Consumer Trust & Certification Challenges
Biometric authentication lets users verify their identity when making payments in a secure, fast, and convenient way, which has led to the growing adoption of this technology. As a result, over 65% of consumers claim to be familiar with it. Yet, according to recent surveys, 69% of users are concerned about data breaches when using biometrics while 62% fear their privacy could be violated.
23.01.2023
4 min
Global
Buy Now, Pay Later 2022 Trends Recap and Future Forecast
Buy now, pay later (BNPL) services have experienced a massive surge in popularity at the beginning of the pandemic and their prominence has kept growing ever since. The year 2022 was no exception, as consumers continued opting for payment methods that promote flexibility and merchants became even more open to collaborating with BNPL companies.
23.01.2023
4 min