Becoming consumers’ default payment option, particularly in digital wallets, is an increasing challenge as incumbents and newcomers alike try to keep pace with developments in technology It’s convenient, quick and simple: having a default card that can be automatically used when you next shop online or pay a regular bill makes a consumer’s life much…
The easier it is for consumers to pay, the more likely they will complete their purchases. Biometric payment cards with fingerprint recognition allow what was previously impossible – cards that are ultra quick to use, yet have powerful security Consumers have multiple payment options, from cash and cards to phones and mobile wallets, QR codes…
Innovation in the payments sector is driving change elsewhere in the UK economy and beyond When the Oxford English Dictionary announced in 2016 that fintech was officially a word, it signalled the future of payments was finally here. While innovation has always happened in the payments sector, it had suddenly become mainstream. There has certainly…
Paul Stoddart, chief executive of Vocalink, a Mastercard company, tells how payment platforms are benefiting customers worldwide. Why should governments, businesses and consumers care about payment platforms? Payments are a fundamental enabler for everything we do, from business to the way we conduct our personal lives, and have become a critical part of the financial…
In a rapidly evolving world, payment systems must meet the challenge of agile development without sacrificing the trust and stability upon which the industry is built, says leading payment systems provider Vocalink, a Mastercard company. From cash and cheque to chip and PIN and contactless, the payments landscape has changed dramatically over the past 50…
Biometrics has been called “naked payment”, suggesting some kind of nightmarish scenario in which you dream of yourself clothes-free in the middle of a supermarket. But, of course, it’s a way of stripping down ID technology to use unique physical characteristics to identify an individual and clear them for payment or access. “People are only…
Slow to take off , open banking could yet transform financial services and offer better deals for banking customers Born in a sea of hype on January 13, open banking has so far fallen short of delivering the promised financial revolution. We have yet to see any “killer apps”, dramatic changes in consumer behaviour, sudden…
The 2018 IFSF conference is to be held at the Sofitel Hotel in Hamburg, Germany on Tuesday 6th and Wednesday 7th November. The IFSF is a forum of international petroleum retailers with the common objective of harmonisation of equipment interconnectivity and communication standards for use in the Petroleum Retail Business. If you would like to…
The European Banking Forum’s 2018 is an annual event looking at the solutions to strengthen FS cyber security. The banking industry faces growing pressures both from customer expectations and ever-tightening regulations. With the advent of disruptions through the growing prominence of Fintech firms, it has never been more important for banks to hit the right…
Fleet Live takes place from 9th – 10th October 2018. The event offers decision-makers from fleets of all sizes an opportunity to speak to experts and peers about preparation for the future of their fleet. The event will open its doors to over 2,000 visitors to listen to more than 25 experts discussing the most-pressing issues…
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