Anish Kapoor CEO at AccessPay
After years of decision-making, discussion, and delays, ISO 20022 is finally happening. The wide variety of legacy message and data formats that all institutional and corporate entities use to make or receive payments will converge into this common standard by next year. In a survey conducted at the tail end of last year, why did 52% of corporate ...
20 March 2024 /payments /predictions Digital Bank Transformation
The start of a new year is a natural time to consider what lies ahead. Here, we look at four key themes in corporate payments: Authorised Push Payment (APP) fraud, operational resilience, generative AI and ISO 20022, and consider what lies in store for 2024. Authorised Push Payment Fraud Combatting APP fraud will be high on the agenda for many orga...
11 January 2024 /payments /predictions Finextra site news
As we hurtle forward into a new decade, we are surrounded by a seemingly limitless range of new technologies. All we have to do is reach across the sofa to our smartphones, think of anything we want or need, and we can be sure, ‘there’s an app for that’. A plethora of platforms, scant standardisation Technology proliferation is also becoming increa...
18 December 2019 Fintech innovation and startups
On December 13th of last year, a meeting of some of the top financial minds in the UK took place in the ornate, 19th Century Glaziers Hall in SE1. They had come together, in front of an audience, to discuss the future of the payments industry. Where we are now, what the future holds, and what challenges lie ahead. The session was a fascinating insi...
02 February 2017 /payments Payments strategies 2015-2020-2030
The proposed sale of Vocalink to MasterCard, threatens to kill innovation in UK Payments. This is my damning verdict and reason for calling on payments experts to come together to voice their opinions and thoughts, before a final decision is reached. In the time it takes you to read this blogpost, more than 400,000 Bacs payments and approximately ...
15 August 2016 /payments Payments strategies 2015-2020-2030
It seems like madness that in most companies, functional departments such as finance, IT, sales and operations can be rigidly separated with their own targets, KPIs and systems. They need to focus on their own specific function but they are essentially just pieces of a complicated jigsaw which cannot exist without the other teams and some form of e...
12 July 2016 /payments Payments strategies 2015-2020-2030
ROBOTS ARE NOT TAKING OVER — Anish Kapoor, CEO AccessPay ‘Doing more with less‘ is a catchy phrase which is being bandied about a lot in this economy. For it to work, companies need to act strategically and ultimately think more along the lines of ‘doing more, by manually doing less’. By this, we mean less pointless, mundane, labour-intensive tasks...
06 June 2016 /payments Payments strategies 2015-2020-2030
Heads up guys. PSD2 is coming to a payment screen near you. And for those who don't know about it, here’s a quick trailer. So, just what is it? In essence it's an overhaul of PSD1 (the Payment Services Directive), launched in 2007 to modernise and standardise how the payments system operates across the EU. The aim was to make cross-border payments...
25 May 2016 /payments /regulation Payments strategies 2015-2020-2030
Innovative technology has given businesses an opportunity to boost their customer service. In today’s digital-savvy world, real-time payment processing meets customer demand to speed up receipt of funds with certainty, convenience and at a competitive cost. Corporates are also demanding a broader range of payment methods to improve their client ex...
11 November 2015 /payments Payments strategies 2015-2020-2030
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