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Why IoT is the fastest growing retail trend of 2017
A recent Gartner survey estimated that by 2020, the number of connected objects will increase by 30 times current levels, making IoT (Internet of Things) a huge untapped opportunity for retailers which simply can’t be ignored. As a result, 2017 will see retailers either jumping on the IoT bandwagon or risk being left behind. Soon we [...]
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İşbank becomes first Turkish bank to offer local alternative payment methods
İşbank, the biggest private bank in Turkey and provider of PSP services, is partnering with PPRO Group to enable İşbank to offer e-commerce merchants 13 local alternative payment methods worldwide. İşbank can now extend access to real-time online-banking payment methods and e-wallets in more than 25 countries in Europe, Asia and Latin America to their merchants [...]
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SEPA: Is the ECB stifling competition with its latest move?
Ten years ago the European Commission (EC) and the European Central Bank (ECB) announced a common vision for the Single Euro Payments Area (SEPA), which they described as an “integrated market for payment services which is subject to effective competition…” and described their role as “creating open and common standards that overcome technical and commercial [...]
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IBM Watson IoT to provide access to 20 billion POS devices for Visa
IBM Watson IoT and Visa announced the industry’s first collaboration that brings the POS to everywhere Visa is accepted, by allowing businesses to quickly introduce secure payment experiences for any device connected to the Internet of Things (IoT). The collaboration brings together IBM’s Watson IoT platform and cognitive capabilities, with Visa’s global payments services that are [...]
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Virtual Account Management: Fast, effective relief from the pain of reconciliation
Let’s be honest, reconciliation is a pain. It’s a battle, a struggle and an all-around nuisance for corporates, albeit a necessary one. Getting paid is crucial, irrespective of business size. As is assigning payments to the correct accounts and knowing your cashflow at a glance – writes Sheri Brandon – Head of Payments, Tieto. Corporates [...]
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