Remove Banking 2020 Remove Payments Remove Regulation Remove Technology
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Hidden payments ‘too big too ignore’

Banking 2020

Cash has always been the ultimate way of hiding your tracks but now the banking industry needs to start paying more attention to so-called ‘hidden payments’ that are not conducted using traditional channels, as these activities are growing at an increasing rate. Why the move to hidden payments?

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Top 4 priorities for the payments industry

Banking 2020

As PSD2 hits Europe and real-time payments systems gain traction globally, the question of infrastructure has perhaps never been higher up the agenda for the industry. Technology-led disruption to the way we view how to pay and what is expected from a transaction means constant reassessment of the fabric of the payments sector.

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Asia Pacific set to drive mobile payments growth

Banking 2020

Mobile technology is rapidly becoming an integral part of the way that many people manage their finances and make everyday payments, with the popularity of mobile banking apps and dedicated mobile payment tools such as Apple Pay growing all the time. Key trends driving the increase. ” A divergence in strategy.

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Which route for mobile payment apps?

Banking 2020

To what extent are banks simply technology providers? It’s a question being discussed in boardrooms around the world as the financial sector grapples with advances in technology. It’s worth pointing out that banks won’t have much say over third-party access to accounts with the arrival of PSD2. Innovation.

Mobile 40
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China and India lead global cashless growth

Banking 2020

For the last few years, developed countries around the world have been witnessing an unrelenting march away from cash, as consumers take advantage of new technologies such as fast payments, contactless and mobile to complete transactions without resorting to notes and coins. Newer technologies help Asian markets.

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Contactless cards: Opt-in or opt-out?

Banking 2020

Australia is toying with the idea of creating an opt-in function for contactless cards, in a move that highlights the problems around coping with new payment technology and how fraud risks are handled. The major banks provide a Zero Liability Policy to customers who are victims of fraudulent transactions.

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Sweden set to win cashless race

Banking 2020

Cash is still dominant in most developing markets, and even in places like the US, paper money still accounts for most consumer payments by volume. A study from Stockholm’s KTH Royal Institute of Technology says the country’s embrace of electronic payments means it’s set to ditch cash in the near future. Number one?

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