Read on biometrics as means to combat financial fraud including identity theft in “mobilution”. With Payment Bank licenses being issued in India, we have tried to bring to light what these entities can do, their business model and key challenges that await payment banks in “trending now”.
The Paydek payment institution (registration in FCA, Great Britain) being the master agent of Anelik.Ru international system of remittances, had no own information system, it was operating through the Anelik software. Learn how the payment institution is operating today.
Every ATMIA conference has its trending topic du jour. This year, the buzz was about cardless ATM transactions, a subject addressed in a well-attended 1-hour roundtable discussion among executives leading the charge to a card-free future.
Marketing strategies devised for millennials by older generations have been based on bad intuition, poorly curated data, and unquestioned, incomplete assumptions. That leads to bad guesses. When you're designing banking and payment systems for your next generation of customers, bad guesses can be expensive.
All the signs seem to point to Sweden becoming an entirely cash-free country. However, the phasing out of a payment method that has been in use for centuries will not be simple, and it's possible that the country will never become truly cashless.
Banking giants are moving toward the blockchain at an increasingly aggressive pace. But, are they right for the blockchain? Will their efforts translate into apps? What does it mean for the bitcoin industry?