Displaying 1 - 10 of 181 Payments and Industry Trends blog posts
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Women in Payments: Don't Be Afraid to Ask Questions
Friday, August 16, 2019 Nidhi (Mathson) Alberti to Payments and Industry TrendsToday, we have the pleasure of speaking with Google's head of Retail and Payments Activation for Southeast Asia, Anna Maria Maurieta. Anna works closely with retailers and e-wallet partners across the region's complex and sometimes highly-regulated market—including countries such as Indonesia, Thailand, Malaysia and Vietnam—making it easier for Google Play users to make payments on Play.
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How UPI is Driving India’s Shift from Cash to Digital Payments
Wednesday, July 03, 2019 Somya Patnaik to Immediate Payments, Payments and Industry TrendsThe Indian economy has traditionally been heavily dominated by cash, while experiencing low adoption of various online payment systems including National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and inter-bank mobile payments. The dominance of cash is evidenced by the ratio of cash withdrawals at ATMs vs debit card usage at Point of Sale (POS)—ATM transaction volume is more than 2x greater than POS.
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Women Must Choose to Rise Up Despite Past, Current and Future Circumstances
Wednesday, June 19, 2019 Nidhi (Mathson) Alberti to Payments and Industry TrendsMoney20/20, Europe’s biggest payments and fintech event, was recently held in Amsterdam and featured Rise Up Money20/20, a global program designed to address the gender imbalance in leadership positions within the financial services and fintech industries. A cohort of 30 female professionals was selected to take part in an exclusive curated agenda, complete with a series of bespoke content sessions, one-to-one mentoring and unique networking opportunities.
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How Italian Banks and Processors Can Capitalize on Digital Transformation
Thursday, June 06, 2019 Daniele Astarita to Transaction Banking, Payments and Industry TrendsThe European payments landscape is in an era of significant change thanks to PSD2 and other macro factors, but there is more than one way to deliver real-time and open payments to meet PSD2 requirements and its technical standards. Banks and processors must manage this alongside their own set of domestic challenges and opportunities.
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Overcoming Cyber Threats to Payments Security
Friday, May 31, 2019 Nidhi (Mathson) Alberti to Payments and Industry TrendsRecently, Gene Scriven, chief information security officer at ACI, spoke at NACHA Payments 2019 on the ever-changing landscape of cybersecurity. Here are a few highlights from his session, including the impacts of cybersecurity breaches, today’s emerging threats and the new strategies to keep your organization safe.
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Removing Gender Bias and Enabling Women to Succeed in Leadership Roles
Wednesday, May 22, 2019 Nidhi (Mathson) Alberti to Payments and Industry TrendsThe recent UK Women in Payments (WIP) Symposium 2019 took place in London, recognizing unique leaders who help uplift women in the payments industry. Among those recognized was ACI’s Melissa McKendry, vice president, Retail Banking Implementation Services, who was honored by WIP as the 2019 Advocate for Women.
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Payments and Fraud: The Paradox Twins
Wednesday, May 15, 2019 Andrew Marshman to Payments and Industry Trends, Merchant Retail, eCommerce, Payments Risk ManagementDigital commerce through web and mobile is where merchants predominantly experience shopper growth today. This has become a hugely important domain for their focus. It offers a means for international growth, new market penetration and a way to engage with shopper-hungry Millennials in their culture. Merchants frequently adopt a Digital-First, eCommerce-First or Mobile-First strategy to ensure full corporate buy-in to this strategy.
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Open Payments Systems for Merchants: Don't Close Down Your Options
Tuesday, May 14, 2019 Andrew Marshman to Payments and Industry Trends, Merchant RetailRemember “Open Systems”?
It was a big industry nom du jour in the 80s and 90s. Every IT system had to be open and therefore flexible and future-proof. Nobody can argue with the logic behind this; making systems easy to integrate with other systems, ensuring vendors could cooperate with one another; creating agility to improve time to market and drive down costs.
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Why It’s Time for Women to Rise UP
Wednesday, April 17, 2019 Nidhi (Mathson) Alberti to Payments and Industry TrendsAs a senior software engineer at ACI Worldwide, Rawan Shawar helps to guide her team’s priorities and enhance processes at both the team and organizational level. Recently, Rawan was selected by the organizers of Money20/20 Asia to be part the Rise Up Class of 2019.
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Can Digital Payments Be Kind?
Thursday, April 11, 2019 Silvia Mensdorff-Pouilly to Payments and Industry TrendsThere is no doubt that the era of less (or minimal) cash is truly upon us. According to the Access to Cash Review, cash could fall to just 10 percent of all payments in the UK within the next 15 years.
Other countries, such as Sweden, have already seen significant changes – cashless payments have grown so quickly that only 10 percent of the 20 SEB banks in Stockholm now hold cash. Beyond Europe, China is leading the way with USD$12.8 trillion in mobile payment transactions in 2018.