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Frictionless Payments are becoming more and more common. They were firstly introduced by Braintree and adopted by Uber. Since then use cases became more complex, security requirements also got tougher but the user experience (UX) requirements remain unchanged. In fact UX is the main driver of Frictionless Payments. Let's discuss more about Frictionless Payments in this group and try to draw a future scenarios of their development and adoption.
Back in July, I predicted that finance leaders would start to see PayTo make a change in the way you take payments in six to 12 months. Almost exactly six months later, GoCardless has become the firs...
Over the past few years, bank account fraud has become one of the largest threats against financial institutions (FIs). Just last year, there’s been over $52B in identity fraud losses affecting 42 mil...
The growth of contactless biometric payment cards has gained even more momentum in 2022. With recent launches in Morocco, and more on the horizon, it is an exciting time for the technology. But wha
In a long-awaited and much-applauded regulatory move, the European Commission yesterday announced that providing instant payments is to become mandatory for banks across the European Union and EEA. Fa...
A new payments system, PayTo, has just begun its rollout in Australia. Over the upcoming months, payment providers will be coming online, with all major banks committed to providing PayTo by March 202...
Account to Account: The Next Big Thing in Payment Options While contactless payment took years to gain momentum, most people now cannot imagine life without it, and it accounts for over a quarter of a...
Smart omni-channel strategies have elevated how brands engage with their customers. Taking the next step, contextual commerce allows brands to create purchasing opportunities throughout the customer j...
Propelled by the pandemic, consumer demand for digital financial services has begun to soar. With stores shutting down across the country and consumers forced to buy online, many businesses and consu...
As the dust settles following the final implementation deadline for SCA (Strong Customer Authentication), there is greater motivation than ever for UK businesses to explore alternative online payment ...
New technology is a strange beast. When it doesn’t exist, we dream of it and when it does exist, we cannot imagine what life was like without it. Sometimes it hits you in the face like a lightbulb mom...
Central bank digital currencies (CBDC) are often mentioned as a key motivation for the rise of a cashless society. As Sweden’s central bank, Riksbanken, discusses in its paper, The Riksbank’s e-krona ...