Payments strategies 2015-2020-2030

Payments systems visions, strategies, trends, pilots, forecasting, and planning for the short-, medium-, and far-term.

Retired Member 

Are Industry-Specific Cryptocurrencies the Way of the Future?

Industry-specific cryptocurrency is a relatively new trend in the crypto world, but it’s gaining popularity fast, and it looks like it might be a viable answer to a large number of problem currently faced by people operating in this field. Stablecoins have cropped up as a solution to the volatility commonly encountered in this area, and we’ve seen...

29 April 2019 /payments

Paul Marcantonio Head of UK/Western Europe at Ecommpay

Staying Innovative in a Mobile World

The last decade has seen an explosion in mobile devices, and it’s changed the face of the eCommerce industry. Innovative mobile technologies are enabling shoppers to make digital purchases across the world in greater numbers than ever before, while mobile browsing and apps have skyrocketed in popularity. But while the mobile revolution has been gr...

09 April 2019 /payments

Retired Member 

Payments strategy in 2019

As the first business quarter of a new year draws to a close, it’s a good time to revisit the strategies you have put in place for 2019, to help ensure that your payments ecosystem is ready. For me there are four core issues you need to focus on. Who are my APIs for? As you create APIs, which make your payment services and related data available ex...

09 April 2019 /payments /retail

Paul Marcantonio Head of UK/Western Europe at Ecommpay

There’s No Safer Bet than a Reliable Payments Partner

A strong payments strategy is an advantage to any eCommerce industry, but none more so than the heavily regulated sports betting sector. As more and more bookmakers respond to growing consumer demand by shifting from land-based betting shops to online operations, the market grows increasingly competitive. To gain an advantage over competition, ope...

13 March 2019 /payments

Gene Neyer Executive Advisor to Icon Solutions at Icon Solutions

The battle for real-time payments dominance in the U.S.

Since Fed catalysed the private sector to deliver real-time payment capabilities, there has been advocacy for the central bank backed, real-time payments (RTP) scheme. Many feel the lack of a ubiquitous RTP infrastructure has become a road block to innovation in financial technology and even created a competitive disadvantage for the U.S. economy....

11 March 2019 /payments

Chris Jones Managing Director at PSE Consulting

Waving, Not Drowning! TRA and issuer risk signalling in a post-SCA world

There is growing interest in the acquirer and merchant community in the Transaction Risk Analysis (TRA) exemption for Strong Customer Authentication (SCA). The opportunity to exclude transactions up to €500 from SCA and place the merchant back in control of consumers’ check-out process is understandably attractive. What remains unclear, however, i...

27 February 2019 /payments

Miloslav Hoschek Freelancer at e-Silk Road, NGO

When the 5G network comes online on the 2020s..

When the 5G network comes online on the 2020s, a smartphone with an ultra high speed download of 1 Gbps or more is displayed. Due to the popularisation of 5G, the download speed reaches 20 gbps, the upload speed reaches 10 gbps and it may rise exponentially. However, 5G will be ultra low speed and faster. Being able to become instantaneous experi...

14 February 2019

Paul Marcantonio Head of UK/Western Europe at Ecommpay

Fighting Friction in the Payment Process

It goes without saying (but I’ll say it anyway) that the payment process – as the make-or-break moment of any customer journey – must be as smooth as possible. So why are so many e-Commerce sites still struggling, weighed down by shoddy design, confusing error codes, and cobbled-together tech? Well, because it turns out that first creating and the...

13 February 2019 /payments

Retired Member 

Consolidation of Payment Rails

Visa’s planned acquisition of Earthport is the latest in a recent series of consolidations in the global payment systems sector, following in the wake of MasterCard’s purchase of UK operator VocaLink and Worldline’s purchase of the Swiss operator SIX Payments Services. For the two major credit card companies it is a move into handling payment tran...

24 January 2019 /payments

Simon Wilson MD, Transaction Automation at valanticFSA

2019 predictions: Open Source, Instant Payments and PSD2 to spur payments transformation

Payments transformation will take centre stage for banks in 2019. Bank resilience hit the headlines in 2018, prompting the UK’s Treasury Select committee to announce a probe into the reasons for and the impact of – mainly payments related – IT failures. This comes after a number of well publicised events, where payment systems went down, and cust...

08 January 2019 /payments