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With an increase in regulations and growing involvement from multiple players, the world of payments is undergoing a disruption across the region
What is EPI? The European Payments Initiative (EPI) is aiming to provide a pan-European payments solution. EPI aims to set itself apart from other payment methods and address the challenges created by...
Looking back over the last 18 months in the payments industry, it’s hard to recall a more turbulent time certainly in the last decade or so. As we head towards the end of 2021, in the wake of Brexit, ...
Open banking is the most exciting disruption to hit financial services in a generation and is fundamentally changing the payments landscape. Account-to-account (A2A) payments offer not only cost savin...
In the past few weeks, two news announcements made me think about the access to cash debate that rages in many countries and especially the UK where a government consultation on the topic recently cl...
As our world becomes more interconnected, so too does the need for banking systems to follow suit. In the past, businesses and individuals were often restricted to banking in a single country, but the...
The payments industry is always looking for new ways to streamline processes, reduce costs, increase security and most importantly, improve the customer experience. However, when it comes to real-time...
Earlier this summer (July 2021) a news story explained how a Scottish fisherman, Jamie McMillan, had taken the decision to export his shellfish, caught off the Scottish coast, to Asia instead of acro...
The world is changing, and so are the ways we pay. From food and clothes, to fuel and everything else needed for daily life, consumers are making more and more digital payments than ever before. And i...
The contactless card payment limit will rise from £45 to £100 later this year as people are favouring contactless transactions to help curb the spread of the virus, as well as the convenience and spee...
In July 2020, a group of sixteen major European banks from five Euro countries announced the launch of the European Payments Initiative (EPI) with the aim to create a unified payment solution for cons...
While the Christmas rush may be over, with 51.3m transactions recorded by the Post Office in December, the arrival of Lockdown 3.0 means online shopping will continue to be on the rise yet again. As n...