Prepaid payment applications bankcards are on the cusp of break-out into the broader global payments marketplace, according to research from TowerGroup. The findings suggest that this rapidly evolving payment category is in the early stages of a long-term expansion that will impact consumer, business and government use of cash and check payments, according to the firm. TowerGroup noted that the early success of prepaid applications in closed environments like telecom and retail gift cards will lead to a new variety of opportunities over the coming decade. In particular, TowerGroup predicted an uptake where enhanced user convenience and control are key, cash and checks can be displaced, or existing credit and debit card products are a poor fit.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more