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The Payments Business

Share opinion and experience on how the payments landscape is changing and learn about the challenges and opportunities facing payments stakeholders in the future.

Kim Albrecht

Kim Albrecht Chief Marketing Officer at Medius

Eliminating month-end reporting headaches with AP automation

Month-end is a stressful time for many accounts payable departments. The creation of closing reports can be a monotonous and time-consuming task, particularly for those still dependent on manual processes to get the job done. Fortunately, a growing number of organizations are waking up to the fact that it doesn’t have to be this way. During the pan...

/payments /cloud

Retired Member

Retired Member 

A Reflection on Payments Fraud: 2022 and Beyond

The dramatic surge in card fraud during the pandemic has been well documented. More recently, market research is showing a reduction in the number of fraud cases as a result of payments organizations implementing modern fraud prevention solutions. However, while the volume of card fraud is declining, the monetary amount of fraud is not, as fraudst...

/payments /crime

Joris Lochy

Joris Lochy Product Manager at Intix | Co-founder at Capilever

Refunds - A bigger problem than you would imagine

Every business has to deal with refund requests. As there is (at first sight) no business added value in processing these requests (to the contrary they only cost money), very few companies invest in a fluent and efficient process for dealing with them. This in contrast to the standard check-out process, in which significant investments are done t...

/payments

Max Kent

Max Kent VP of Global Procurement at Compleat Software

Taking Back Purchase Control as Inflation Soars

Max Kent – VP of Global Procurement at Compleat Software, the purchase to pay software house Already exceeding 9% in the UK, inflation is set to hit an eye-watering 11% before the end of the year, according to the Bank of England. That’s due to the huge hike in fuel, energy, food and raw material costs, in the wake of the pandemic, Brexit and the...

/payments /cloud

Mykyta Grechyna

Mykyta Grechyna 

New Ukraine’s Fintech Legislation: Embracing Innovations

This year the Law of Ukraine on Payment Services (“LPS”) enters into force marking a new chapter in the country’s financial business environment and regulation. LPS introduces description, framework of operation and regulation of contemporary financial technologies, including electronic money, payment networks and Central Bank Digital Currency (CB...

/payments

Donica Venter

Donica Venter Marketing at Traderoot

Meeting Consumer Demand: How Omnichannel Payments are Changing the World

Technology has changed at an astounding pace over the two few years, especially for the payments industry. The Covid-19 pandemic accelerated the development of payment solutions far beyond what anyone could have expected. Omnichannel payments are changing the way businesses interact with customers, and the way customers interact with businesses. W...

/payments /markets

Mikael Lijtenstein

Mikael Lijtenstein CEO at AstroPay

Supporting the growth of cryptocurrency transaction with payments

Providing seamless payment journey, with the options for customers to pay with their preferred local payment methods, is not only necessary for international crypto exchanges, but it is key to make trading easier and accelerate the speed and growth of crypto transactions. This, however, is easier said than done. Identifying all the major payment s...

/payments /crypto

Victor Zheng

Victor Zheng CEO at mx51

Banks must innovate now or they will be replaced by Big Tech

The next bank you sign up to may not be a bank at all. It could be Apple or Square, Adyen or even Stripe. If the writing isn’t on the wall already, big tech is coming after banking. What started in stealth almost a decade ago with the introduction of wallets in smartphones is now moving into payments, deposits and lending -- core banking businesse...

/payments /retail

Jamel Derdour

Jamel Derdour CMO at Transact365 / Nucleus365

Protecting Merchants and Making Them More Profitable

The rise of e-commerce and global payment providers has transformed the way in which merchants are able to access emerging markets. By understanding the complex infrastructure of payments systems at a national and international level, providers leverage next generation technology to ensure transactions are facilitated securely and quickly. Howeve...

/payments /markets

Retired Member

Retired Member 

5 Things You're Missing Out On When You Don't Accept Crypto Payments

The online payments ecosystem is in disruption, largely brought about by cryptocurrencies, the first of which was created over ten years ago. In February 2021, the Bitcoin exchange rate reached an all-time high of USD 33,000 per coin. Crypto payments are growing more common, and accepting cryptocurrency is no longer as difficult as it once was; it...

/payments /crypto