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Global
Cross-Border Payments Interoperability: ISO 20022 and Beyond
As soon as SWIFT announced the rollout of ISO 20022, it became clear that it would be a revolutionary step for cross-border payments. Here we will discuss how this standard will influence the current state of affairs of international money transfers and explore whether it is enough to solve the interoperability problem the industry is facing.
24.02.2022
3 min
Global
The Future of Payments: Instant Global Transactions
In general, it takes from one to five days for a cross-border money transfer to get to the recipient. With the modern pace of life, this is way too long of a waiting time for both individuals and businesses.
18.02.2022
4 min
Global
Maestro Is Retiring - Debit Mastercard Takes Over
Here’s the news: starting from 1 July 2023, banks and credit unions will discontinue issuing Maestro cards for good. With over 400 million cards currently in circulation worldwide, this decision is sure to require significant adjustments.
11.02.2022
4 min
Global
How Can EU Regulations Respond to the Changes in the Payment Industry?
With the payments market evolving rapidly, the existing rules and regulations require adjustment. In this article, we’ll uncover which changes are likely to take place in the industry and how the EU could respond to them.
10.02.2022
5 min
Global
What Is an Integrated Payment System and Why Your Business Needs It
Providing a brilliant customer experience is among the top goals of businesses worldwide. Achieving it brings plenty of benefits, from increased brand awareness to boosted revenues.
07.02.2022
8 min
Global
How to Stay Ahead of Emerging Forms of Payment Fraud in 2022
Payment fraud keeps the world in a constant state of alert. The numbers speak for themselves - Q3 of 2021 has seen over 56,000 payment fraud attacks globally. That is 14% more than in the previous quarter and equals to a 274% year-over-year increase.
04.02.2022
4 min
Global
Chargebacks 101: What They Are and How to Prevent Them
As a person involved in business, you’ve probably heard of chargebacks. These operations are rather common yet extremely disadvantageous for merchants.
31.01.2022
6 min
Global
Payment Trends That Are Expected to Shape 2022
We live in an eventful time that requires flexibility and innovation. In the past few years, we’ve seen many spheres of our lives undergo significant changes, from healthcare and education to retail and logistics. The payment industry is a link between all these key areas, so it keeps adjusting alongside them.
19.01.2022
6 min
Global
Payment Trends 2021: Expectations Vs. Reality
The pandemic that started back in late 2019 and is still going strong years from then led to changes in shopping dynamics. Lockdowns and social distancing measures imposed significant challenges to brick-and-mortar stores and forced retail businesses to adapt to the constantly fluctuating situation.
17.01.2022
6 min
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