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Payments strategies 2015-2020-2030

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

Jeremy Thomson-Cook

Jeremy Thomson-Cook Chief Economist & Head of Currency Strategy at WorldFirst

Innovation in payments: Where to next?

The payments industry has arguably been the focus of equally significant amounts of investment and speculation over the last few years. Even just a few years back, most people’s experiences of sending money overseas would be the low-value/high-cost remittance services available on the High Street or facing endless queues at their bank to fill in a ...

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Jared Ronski

Jared Ronski Co-founder at MerchACT

Why You Should Start Thinking About Your Holiday Chargeback Prevention Plan Now

Chargebacks are an unfortunate fact of life for most merchants. They’re damaging and tedious, represent lost revenue, dent your reputation and can get you classified as a high risk merchant if you have too many. Many merchants don’t fully understand what a chargeback is, what they can do if they have one, and (most importantly) how to prevent the

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Bo Harald

Bo Harald Chairman/Founding member, board member at Transmeri, Demos, Real Time Economy Program,MyData

Direct payments still dominating in domestic e-commerce in Finland

Central bank statistics: Number of payments million times direct/card and bn €direct/bn €cards 2014: 56,9/8,6 million times, na/0,8 bn€ 2015: 65,6/7,3, 4,8bn/0,7 2016: 77,5/9,7, 5,4bn/0,8 2017: 88,2/17,1 (big increase in card trx - due to mobile?), 7,0bn€/1,0 Direct real time e-commerce payments started in mid-90s so the habit has deep roots.

Bo Harald

Bo Harald Chairman/Founding member, board member at Transmeri, Demos, Real Time Economy Program,MyData

Demise of cash continuing in Finland

A population of 5,5m (and some tourists) produced the following ATM volumes: Million times/billion €s: 2014: 145,1 million times/14,4billion € 2015: 137,1m/13,9bn 2016: 124,3m/13,0bn 2017: NA yet m/12,1bn So the rate of decline of €s has doubled to 7% in 2017 compared to 2015. Serious cost savings for all. Shops are not refusing cash yet - unlike S...

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Jared Ronski

Jared Ronski Co-founder at MerchACT

5 Tips to Streamline Ecommerce Payments and Improve Customer Experience at Checkout

Digital payments are on the rise, and if you’re an ecommerce merchant, you’ll want to capitalize on this growth. But as this sector continues to become more popular, payment processing systems have the potential to become ever more complex. Between credit card companies, banks, retailers, and consumers, the payments processing landscape represent...

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Retired Member

Retired Member 

Trends In Making Payments in 2018

The New Year already started and we have entered into the second half of the year, there is some crucial technology development which is going to waver the payments in the markets in the year 2018. B2B payment will turn digital The first will be B2B i.e. Business to Business payment. This is mainly accredited to the complicated nature of the paymen...

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Jared Ronski

Jared Ronski Co-founder at MerchACT

Why Startups Need to Make Payments Experience a Priority

In 2017, U.S. online retail experienced the largest year to year growth since 2011, and ecommerce represented 13 percent of total retail sales. Clearly, consumers like shopping online, and that trend is only expected to grow. And if you’re a startup, it’s absolutely vital your payment experience is user-friendly: 75 percent of startups fail, and t...

/payments /startups

Retired Member

Retired Member 

Artificial Intelligence at the changing face of Payment Fraud

A continuous strive towards making payment faster and easier is embracing technology innovation, like never before, which at the same time is creating newer risk exposures for frauds and money laundering. Multi-dimensional initiatives around setting up new infrastructure (RTP in the US, NPP in AUS), building new services/channels (Zelle, fragmente...

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Rolf Hauge

Rolf Hauge CEO at Commercial Banking Applications (CBA)

Ready for real-time payments? How about real-time banking?

As banks examine their readiness to deliver on the potential of new real-time payment schemes and meeting customer expectations for an ‘always-on’ service, it’s an ideal time to consider not only real-time payments, but also the full potential for real-time banking. Banking and payments are intrinsically linked – all banking activity (aside from m...

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Jared Ronski

Jared Ronski Co-founder at MerchACT

Evolving Payments in the Era of IoT

The Internet of Things (IoT) – once a buzzword – is now becoming a reality. As we approach a staggering 31 billion connected devices worldwide within the next two years, retailers are wondering how to edge in on this new technology to increase revenues. Retailers that have already bought into this technology as a way to sell are enjoying a myriad...

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