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Global
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.
03.12.2024
10 min
Global
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.
02.12.2024
5 min
Global
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.
25.11.2024
10 min
Global
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.
14.11.2024
10 min
Global
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.
12.11.2024
4 min
Global
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.
31.10.2024
11 min
Global
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.
28.10.2024
11 min
Global
The Metaverse’s Impact on Payments
The metaverse is an immense virtual space populated by various immersive, 3D worlds where users can interact through the use of avatars; the very concept seems to have been taken straight out of a work of science fiction! This is fitting, seeing as the term was itself coined by writer Neal Stephenson in his sci-fi novel Snow Crash.
25.10.2024
12 min
Global
Collaborative Regulation: How FinTech Companies Can Work with Regulators for Mutual Success
Despite FinTech having been around for quite some time in one form or another, this technology has proven challenging for regulators to keep on top of. This is not altogether surprising when one considers the incredible rate at which the industry has grown over the last few years; new businesses, new products, and new risks turn up all the time and will likely continue to do so.
22.10.2024
5 min
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