Skip to content
E-Money RSS
Get ready for the first SCT Inst transactions in Europe
The EPC published the SEPA Instant Credit Transfer (SCT Inst) scheme rulebook at the end of November 2016, after a public consultation organised earlier this year. This article discusses what’s next now that the rulebook has been published. It seems inevitable that payments will become faster. So, if Payment Service Providers (PSPs) want to remain [...]
The post Get ready for the first SCT Inst transactions in Europe appeared first on Payments Cards & Mobile.
Predictive Analytics: Predicting the future of financial services?
The window of opportunity is closing for banks to leverage their data to get ahead in digital services, says a new report from the Mobey Forum. Predictive Analytics in the Financial Industry – The Art of What, How and Why contends that banks and financial institutions that are not yet engaged with predictive analytics need [...]
The post Predictive Analytics: Predicting the future of financial services? appeared first on Payments Cards & Mobile.
Cash replacement: The $19 trillion opportunity
A NEW STUDY from the World Bank Group and the World Economic Forum estimates the global value of micro, small and medium retailers’ transactions at $34 trillion per annum. An estimated $19 trillion was made in cash and cheques, and $15 trillion by electronic payment means. “While many foundations and drivers exist for achieving financial [...]
The post Cash replacement: The $19 trillion opportunity appeared first on Payments Cards & Mobile.
Visa to acquire CardinalCommerce – accelerating digital commerce
Visa announced an agreement to acquire CardinalCommerce, a leader in e-commerce payment authentication. The acquisition will enable more secure, seamless payments, whether made through a browser, mobile app, or connected device, and will help Visa’s clients and merchant partners accelerate digital commerce. “This strategic acquisition combines Visa’s industry expertise and Cardinal’s critical role in payment [...]
The post Visa to acquire CardinalCommerce – accelerating digital commerce appeared first on Payments Cards & Mobile.
European Payments Council launches the SEPA Instant Credit Transfer
The European Payments Council (EPC) will launch the SEPA Instant Credit Transfer (SCT Inst) scheme today. European Payment Service Providers (PSPs) now have one year to get ready to process the first SCT Inst transactions in November 2017. The scheme allows them to propose innovative, digital, and fast payment solutions to their customers. The SCT [...]
The post European Payments Council launches the SEPA Instant Credit Transfer appeared first on Payments Cards & Mobile.
