Community

Den Burykin Managing Director at Fastlane Solutions

Opportunity for payments industry to shake survival mentality

The payments industry had been dealing with a series of rolling crises, tectonic shifts in the global financial system, before the world’s central banks sounded the alarm on stagflation. It feels like the right time to note that with crisis comes opportunity. The payments and banking industry can seize the opportunity to establish a new level of tr...

05 July 2022 /payments /devops Payments strategies 2015-2020-2030

Den Burykin Managing Director at Fastlane Solutions

Much risk, little urgency for Australia's payments infrastructure

The Australian banking industry is displaying a worrying lack of urgency when it comes to plugging the strategic holes in our payments infrastructure after the floods in NSW and Queensland. Global threats to our payments system are numerous and growing. The consequences are too great to delay fixing these problems in the hope that it won’t happen t...

23 May 2022 /payments /regulation Payments strategies 2015-2020-2030

Den Burykin Managing Director at Fastlane Solutions

Open Banking pushback shows consumers need guidance

The Royal Commission into banking misconduct continues to act as a perfect catalyst of the reliable, responsible and independent future of the Australian digital financial and payment capabilities. The reality is things going wrong under Open Banking will come down more to technology and human error. It’s our job to manage those expectations, espec...

09 May 2022 /regulation /devops Open Banking