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Latest Results from /payments

Hamish Monk

Hamish Monk Reporter at Finextra

How can financial institutions hit G20 targets for cross border payments?

Finextra’s latest webinar, ‘Cross Border Payments: Hitting G20 targets for speed, cost, and transparency’ – hosted in association with Bottomline – explored why embracing new protocols, technologies, and data structures around cross-border payments is a non-negotiable for all financial institutions in 2024. Moderated by Finextra’s head of research...

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Sehrish Alikhan

Sehrish Alikhan Reporter at Finextra

Top payments stories you missed in April

April was an eventful month for fintech, and there was a wave of new developments in the payments space. To stay in the loop with the latest payments updates in the dynamic and fast-paced sector, here are the most pressing updates in payments from April 2024. As well as an influx of new developments in the world of payments, April also saw to Fine...

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Finextra Research

Finextra Research Writer at Finextra

NextGen Nordics 2024: Why it’s time for a domestic focus

NextGen Nordics, one of Finextra’s annual payments events, was held on 23rd April 2024 in Stockholm, Sweden, bringing together an array of experts and leaders in the Nordics payments industry. The conference explored innovation across payments infrastructure in the Nordics and started off with an opening speech from Finextra’s head of research Gary...

/payments

Paige McNamee

Paige McNamee Senior Reporter at Finextra

The crucial role of seamless bills and payments processes to organisational success

While the benefits of fast payment processing for merchants and e-billers are well understood – the pressures of today’s payment landscape mean that the need for seamless billing and payment has never been more pronounced, regardless of whether payments are digital or paper-based. Firms are juggling the pressures to remain compliant with new regul...

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Scott Hamilton

Scott Hamilton Contributing Editor at Finextra Research

Will embedded finance change UK fintech by 2035?

Buying vs. building is not going away, it’s accelerating in the business world. This is an extract from the recently published report, 'The Future of UK Fintech - 2015-2035'. Three in five (60%) UK adults has used embedded finance services as part of the checkout process when shopping online in the past 12 months. Embedded finance services include...

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Vladimir Krasik

Vladimir Krasik Global Head of Internal Treasury at Revolut

Are fintechs destined to become banks?

Fintechs have been challenging traditional banks for a few decades now. Since the inception of the sector, fintech service providers were aiming to solve the inefficiencies present in legacy models: provide better coverage, accelerate transactions, reduce transaction costs. The umbrella term covers a diverse lot of companies from peer-to-peer paym...

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Níamh Curran

Níamh Curran Senior Reporter at Finextra

What are NFC payments?

Apple is being sued by the US Department of Justice for an alleged monopoly on smartphones, with NFC technology playing a large part in the argument. Apple tap-to-pay uses NFC technology to enable its payments, but as it stands in the US, no other digital wallet can be used on their mobile devices. It’s important to look at what NFC payments are an...

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Dominique Dierks

Dominique Dierks Content Manager at Finextra

BNPL – are we nearing extinction in Europe?

In an unexpected move, NatWest has announced the closure of its buy now, pay later (BNPL) service less than two years after its launch. While citing a “clear demand” from customers for BNPL products at the initial launch in 2022, the bank now revealed that their service did not have the desired impact and uptake remained low as customers instead ...

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Níamh Curran

Níamh Curran Senior Reporter at Finextra

Generative AI and AI outlook 2024: Customer journeys, fraud and legislation

Artificial intelligence (AI) and generative AI saw an immense boom in 2023, with some calling it the technology’s breakout year. What was once viewed as something of science fiction is coming closer to reality, with the abilities of the software developing at pace. Yet how is the technology going to progress throughout the year in the financial tec...

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Nebo Djurdjevic

Nebo Djurdjevic CSIO at Vega IT

Capitalising on the embedded finance revolution

The concept of embedded finance is, at the face of it, a simple one to grasp; be it a loan at the point of purchase or an insurance offer when you rent an apartment. While it simplifies the lives of consumers everywhere, the embedded finance proposition is not a simple one to grasp from an investment perspective. Is embedded finance a fad or a re...

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Sehrish Alikhan

Sehrish Alikhan Reporter at Finextra

Top 5 payments updates this month

The payments field is a fast-paced and dynamic sector, with an increasing amount of products and services being launched on the daily. To keep updated with the latest innovations, here are the top stories in cards and digital payments in February 2024. Check out my colleague Niamh Curran’s payments update to see what you missed in January 2024. BN...

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Madhvi Mavadiya

Madhvi Mavadiya Head of Content at Finextra

What is correspondent banking? Exploring Swift, AML, FATF, and the Wolfsberg Principles

Correspondent banking, believe it or not, continues to be a hot topic. Cross border payments are still not as efficient as they should be, meaning international trade is still not real-time, and those financially excluded can only benefit from instant payments by using correspondent banking networks. While there is a need to resolve these issues,...

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