Displaying 31 - 40 of 205 Payments and Industry Trends blog posts
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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.
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Keeping Up With Fraudsters: A Month Isn’t Enough
Tuesday, March 19, 2019 Marc Trepanier to Payments and Industry TrendsAs the Government of Canada campaigns for improved fraud prevention and awareness this month, I’d like to do my part as a fellow Canadian, and shed some light on why payments need to stay a step (or more) ahead of fraudsters, today more than ever.
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Local Perspectives: Real-Time Realities Across Asia-Pacific in 2019
Monday, March 18, 2019 Rachel Hunt to Immediate Payments, Payments and Industry TrendsMoney20/20 Asia returns to Singapore this week, attracting payments professionals from around the vast APAC region – and beyond. The real-time and open imperative is one of the reasons why all eyes are on Asia-Pacific when it comes to payments, so I caught up with ACI payments experts representing three of the key countries within the region, to take the pulse of real-time schemes that are in varying stages of maturity.
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What it Takes to be an ‘Influential Woman in Payments’ [Q&A]
Friday, March 15, 2019 Nidhi (Mathson) Alberti to Payments and Industry TrendsComing off the back of International Women’s Day this past weekend, PaymentsSource has recognized the Most Influential Women in Payments, spanning multiple industries including financial services, retail, investment and technology. Among the honorees is ACI’s very own Carolyn Homberger, group president, global sales. Part of the executive leadership team at ACI, Carolyn leads a team of payments professionals operating across all global regions, and plays a critical role in setting business strategy. As an advocate for the leadership and growth of women in the payments industry, Carolyn is also responsible for launching ACI’s own Women’s Initiative.
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What We Talk About When We Talk About Digital Transformation
Monday, March 04, 2019 Paul McMeekin to Payments and Industry TrendsThe recent headline grabbing announcement that Banco Santander has signed a USD $700M contract with IBM got me thinking… what’s up with ‘Digital Transformation’ these days? Santander’s announcement was all about digital transformation… and they are a forward-thinking bank. The new global technology agreement is designed to increase efficiencies in the bank’s operations, enable it to be more innovative and deliver new products, faster. But not every bank can pony up $700M and not every bank has suitable technology in place. It got me thinking, what is actually needed for digital transformation?
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Putting Malaysia on the Path to Payments Innovation
Wednesday, February 27, 2019 Leslie Choo to Payments and Industry Trends, Immediate PaymentsThe public launch of the DuitNow instant credit transfer service, in December 2018, provides just a taste of what lies ahead as Malaysia’s Real-time Retail Payments Platform (RPP) is progressively rolled out. Fueled by Bank Negara’s (BNM) increasing support for e-payment platform development, there has been a steady increase in mobile wallet and digital payment usage, setting the stage for 2019 to be a year of transformation for the payments industry in Malaysia.
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What Can the Re-Regulation of Other Industries Tell Us About Open Banking One Year On?
Wednesday, January 16, 2019 Lu Zurawski to Retail Payments, Payments and Industry TrendsUK Open Banking just reached its first birthday milestone (on January 13 to be precise) and given my own commentary – including in the ACI blog – on this topic, the first anniversary of Open Banking in the UK certainly won’t pass without a debrief on the progress that’s been made and what challenges lie ahead.
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A Pointless Credit Card World (Sound the Alarm, Ring the Bell, Freak Out… Le Freak, see'est Chic)
Tuesday, January 08, 2019 Dan Ring to Payments and Industry TrendsMark, we were slightly prescient a few weeks back when our rantings touched on credit card points. Based on some news over the past weeks related to rewards, perks and sweet deals, do I now sound the alarm or do I stand down?