In the United Kingdom, Banks can join the Payment market infrastructures for the Pound sterling, but since UK belongs to the SEPA Area, UK Banks can join Euro Payment market infrastructures as well. Which impact does this have on banks in the UK and how can we model that? You will get the answer to […]
Payment Market Infrastructures in the World – United Kingdom Part I
In our last videos, we spoke about the payment market infrastructures in Sweden. In today’s video, we will consider the payment market infrastructures of the United Kingdom. As before, we first look at the generic model that you can use to study the market infrastructures of your own country.Like Sweden, the UK has its own […]
Credit Card Alternatives for Handling Large Payments
Image: UnsplashFor a long time, people have relied on credit cards to help with the handling of major expenses. The idea is simply to put a large payment on a credit card and pay it back in chunks as efficiently as possible. This remains a viable option in many cases, but for some it is […]
Secrets to understand Payments Market Infrastructures – Sweden Part 2
In the previous video, we explained how Payment Market Infrastructures are structured anywhere in the world while focusing on the example of Sweden. Swedish banks can join the Payment Market Infrastructures for the Swedish krona, but they can join European Market Infrastructures as well: Which impact does it have on banks and Sweden and how can […]
Secrets to understand Payment Market Infrastructures – Sweden part 1
Is there a secret to easily understand payments systems in any country? Do you know the payment market infrastructures of your country and how they are structured? This is the first of a series of videos where we will examine payment market infrastructures of a few countries in the world. And we begin with Sweden. […]
Top Trends Shaping the Future of Credit Cards
Image: Pixabay From its inception, credit cards have drastically made transactions smoother between consumers and businesses. Today, credit cards have become a necessity for almost all Americans — as many issuers include a myriad of benefits and rewards programs.Credit cards are also becoming more advanced than ever, which means businesses and consumers need to stay […]
Payment Systems & Modernization in Canada
Canada is the second largest country in the world by total area, with a population of 38 million approximately, as per Q2, 2020 census. Operating across 6 primary time zones, the consumer and business transactions constitute a total of 21.1 billion by volume and CA$ 9.9 trillion by value, for the year 2018, as per […]
PSD2 and The New Generation of Third-Party Providers
The revised Payment Services Directive (PSD2) went live in January 2018 and is set to have a broad impact on the financial services industry across and beyond Europe. One main goal of the revised PSD2 is to encourage competition by allowing new players, the Third-Party Providers, to enter the European Single Market. The directive removes […]
TransferMate’s unique receivables solution enables businesses to reduce debtor days, eliminate bank fees and gain full visibility on cash flow
B2B Payments Company offers an easy-to-use solution to get paid faster while automating invoice reconciliation TransferMate Global Payments, one of the world’s leading cross-border B2B payments providers, has deployed an advanced receivables solution to businesses around the world. The payments solution enables TransferMate clients to reduce their days sales outstanding (DSO) while gaining control and […]
Blockchain explained and its application to payments
Well, year 2019 has just passed on the baton to 2020 and we have wrapped up the decade with a lot of technological advances. Past decade has seen a considerable phase shift in terms of technology; and I have to say Blockchain is one the biggest breakthrough that has been achieved. Although invented in 2008, […]