Gilles Brabant

Cross-border payments: Unveiling the real value of industry initiatives At #EBAday 2024, Simon McConnell, Board Member, Euro Banking Association (EBA), and Annick Moes, Assistant Director, Euro Banking Association (EBA), provide a sneak peek into an EBA survey on #crossborderpayments. While there is a clear roadmap for enhancing these payments, the multitude of industry initiatives makes it difficult for payment service providers to determine how to best get there. This mesmerising conundrum can only be resolved by cutting through the marketing speak, taking stock of the different initiatives and unveiling their value for solving the identified challenges. https://lnkd.in/eM7-4C-e #fintech #FinextraTV #finance #economy #money #future #trends #banking #financialinstitutions #digitaltransformation #EBA

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LGT Private Banking will implement Finastra’s payment hub using a MODEL BANK implementation approach, to ACCELERATE its readiness to meet the EU instant payments regulatory timeline 🚀 🏦 📈 By uncoupling payment processing from its core banking platform and implementing Finastra’s FUTURE-PROFF solution, LGT will ALSO now be able to meet the anticipated growth in instant payment volumes while providing the required 24/7 service availability. 👨‍⚖️ 💸 Once implemented, the bank can EASILY adopt other regulatory schemes, such as #SIC5IP in Switzerland, and embrace ongoing modernization, innovation AND growth. 👨‍💻 “Many institutions need to urgently assess whether their current payment processing environment can support the expected increase in volumes and the need to operate 24/7,” said Neil Macro, Vice President, Managing Director – EMEA mid-markets, Payments at Finastra. “This has been a huge priority for us at Finastra; ensuring that banks are fit for the future with our sophisticated payment hubs, including with the option to pay as you grow. Underpinned by open architecture, APIs and our partner ecosystem, our solutions enable banks like LGT to innovate at speed, boost risk management and deliver enhanced services to end-users. For example, the bank can seamlessly implement new functionality to strengthen its instant payments offering, such as Verification of Payee and real-time sanctions screening. We look forward to supporting LGT on further developing its payments services.” Read more on the link below! 👇 Bernhard Strauch #finastra #digitalpayments #instantpayments #regulatorycompliance #payments #privatebanking #fintech #fintechnews

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Following hot on the footsteps of Credit Agricole and Worldline, BNP Paribas and Groupe BPCE have negotiated a major new step for the French payments market by jointly acquiring new technology for processing payments for card holders and merchants. The processor will handle all card payments from BNP Paribas and Groupe BPCE in Europe, accounting for 17 billion transactions, and could also be opened to other banks, the companies say. It will leapfrog other initiatives to become the No.1 processor in France, both Groups share the ambition to make it one of the top 3 processors in Europe https://lnkd.in/dNqT6tQt

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Nexi Group has partnered with shopreme which will see Nexi integrate shopreme’s self-checkout solutions into its merchant propositions 🛒 📲 🛍 As Europe transitions from cash to digital payments, consumer preferences are CHANGING and moving towards more convenient and innovative shopping journeys; this partnership underscores Nexi and shopreme’s shared commitment to reshaping the in-store payments landscape! 🤳 👏 The integrations will empower merchants to offer SEAMLESS and efficient self-checkout experiences to consumers, reducing wait AND queue times 👨‍💻 “We strongly believe in digital payments as enablers of engaging, frictionless and efficient customer journeys, and we are fully committed to supporting merchants in innovating store formats and shopping experiences,” said Roberto Catanzaro, Chief Business Officer, Merchant Solutions at Nexi Group. “Combining Nexi’s digital payment acceptance capabilities with shopreme’s cutting-edge checkout solutions is an important step in this journey. We will continue to provide our customers with world-class revenue and efficiency-enhancing solutions, together with deeply local capabilities, knowledge, and support.” Read more on the link below! 👇 Nico Müller #nexi #inpersonpayments #digitalpayments #paymentsacceptance #customerjourney #merchants #shoppingexperience #paymentsinnovation #fintech #payments

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🎉 ConnectPay launches the European Fintech Index (EFI)!   This new initiative offers a detailed look at the fintech landscape across Europe, leveraging a broad collection of open data on fintech companies.   The EFI explores three key areas: Business Attractiveness, Market Attractiveness, and Fintech Attractiveness, providing insights into the sector's dynamics.   Seeing a Lithuanian company taking the lead on this initiative reflects Lithuania's active role in Fintech and its commitment to enhancing industry transparency.   Cheers to more innovative projects coming from Lithuania, contributing to global fintech development! 👏

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#Podcast: The challenges to #instantpayments adoption and why #Europe lags The new #EU #InstantPaymentsRegulation came into force in April 2024 and apply in two phases. #PSPs will have 9 months to comply for receiving instant payments, and 18 months for sending them. ACI Worldwide’s 2024 Prime Time for Real-Time report, says by 2028, instant #payments are forecast to account for 13% of all #electronicpayments in Europe, up from 8% in 2023. But Europe is lagging behind other regions – what’s the story and what are the challenges facing instant payment adoption around the world? Thomas Warsop, President and Chief Executive of ACI Worldwide speaks to Robin Amlôt of IBS Intelligence. #EU #banks #realtime #corebanking #cash #India #Brazil #transactions #wiretransfer #Swift #irrevocable #fraud #ai #machinelearning #cloud https://lnkd.in/e5f9M_y7 

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Global regulations are evolving, and staying up-to-date is critical to ensure compliance🔐. From France's 🇫🇷 GIE Cartes Bancaires in Europe, US debates 🇺🇸 to Australia’s 🇦🇺 dual-network cards and eftpos Payments Australia , regulations affect how businesses and consumers transact globally 🌎. Keep up with no in-house effort and this solution: Co-badged cards. Read the full article https://lnkd.in/d4ZPYf89 #PaymentOrchestration #GlobalCommerce #CoBadgedCards

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Worldline Signs Agreement with Banque Raiffeisen for Cloud-Based Instant Payments Processing in Luxembourg Sheri Brandon ✅, CMO Financial Services at Worldline says: “The announcement of this further agreement between Worldline and Banque Raiffeisen is significant, as it represents our first cloud-based instant payments client in Luxembourg. Through our offering, Banque Raiffeisen will benefit from a comprehensive instant payments solution and a fast time to market that provides added value. We look forward to working more closely with Banque Raiffeisen in new and exciting ways.” https://lnkd.in/eEcFNjQk Eric Peyer #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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EXCLUSIVE: "Format for Success" - Antoine Cuypers, Intix and Leo Wagner, FIS in 'The Fintech Magazine' "Intix is headquartered in Mechelen, Flanders – a modest northern Belgium city with 88,000 inhabitants that’s known principally for its robust vegetable cultivation. The company has a highly-skilled workforce that’s counted in the 10s not hundreds. And yet, like several fintechs to have successfully emerged from this comparatively small nation, Intix is having a disproportionately big impact on financial institutions across the world. As a niche technology provider, helping banks screen and analyse transactions, its clients include some of the best-known names in commercial banking, such as Société Générale and Nordea. An in 2023 it signed a joint deal with one of the giants of fintech, FIS. Intix has been described as a kind of Google for banks." https://lnkd.in/eY-iqFTq #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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Revolutionize cross-border payments with #Veritran and Swift! 🚀   Julien Lajeunesse, Head of Front-end Enablement at #Swift said:   “Customers increasingly expect their cross-border payments experience to match the one they receive domestically. Swift is committed to enabling our community to provide a first-class service directly to their end-users, improving upfront transparency, certainty and speed for those sending money around the world. We’re delighted to be working on a pilot with financial institutions and business application providers to integrate Swift solutions into customer-facing channels, improving the cross-border payments experience for individuals and businesses.”   Do you want to know more? Read the article here 👇 #Payments #CustomerExperience #FinTech #CrossBorder #CrossBorderPayments #Transparency #FinancialServices #Innovation

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Merge, the leading B2B fintech company revolutionizing payments and banking infrastructure, is thrilled to announce that it has been granted in-principle approval for an Electronic Money Institution (EMI) license in France. 🎉 This milestone paves the way for Merge to expand its services, empowering businesses with seamless financial solutions through a single API. With this approval, Merge can now facilitate moving e-money, issue payment instruments, and provide localized IBANs, all while maintaining the highest compliance standards. 📈 The company's commitment to compliance ensures reliable and compliant financial services for global businesses. But that's not all! Merge has also expanded its currency coverage, adding USD and a whopping 60 other currencies to its existing offerings. 💰 From G10 countries to Europe, Latin America, Asia, Africa, and beyond, Merge now offers a comprehensive cross-border payment service, simplifying international transactions for businesses worldwide. By integrating multiple currencies into its platform, Merge is not only reducing complexity but also slashing currency conversion and transaction fees. 💸 The company's goal is to empower businesses to manage money globally at low cost through local rails, all via a single API. These developments mark significant milestones in Merge's journey, bringing the company closer to its vision of making global financial management effortless for businesses everywhere. 🌍✨ #Merge #Fintech #EMIApproval #CurrencyExpansion #GlobalFinance #Banking #Compliance #Payments #APIs #FinancialServices #FranceApproval

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⚡ The number of SEPA instant payments just went above 3 million daily on EBA RT1 in June, showing 17% growth in volume between January and June alone! However, SEPA is still lagging behind in terms of share of instant payment compared to our neighbours in the UK and Poland. The Instant Payments Regulation will fix that — on paper. On the ground, many banks' legacy payment systems still need to be modernised to support instant payments. Numeral supports financial institutions in complying with instant payment regulations with a fully managed payment infrastructure. Discover some of the functionalities that our platform brings for instant payment: https://lnkd.in/dSqf22Hy #sepa #payments #instantpayments

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🤓 Everything bankers need to know about the new payments ecosystem Check out our podcast ‘The payments ecosystem: staying ahead of change’ with Jos Veendrick (Vice President – Continental Europe, TSYS) to gain exclusive insights on: -Competing with BigTech and meeting new customer expectations: how can banks and payment providers keep pace with change? -Going cashless: will the Nordics set the pace for a cashless future? -BNPL 2.0: what will be the next iteration? 👂 Listen now >> https://shorturl.at/pglW0 #banking #payments #bankers #cx #customerexpectations #cashless #bnpl

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Starting at a strong €40/share, growing to double the value and falling straight to €12/share- who gets to share the claim for this dead end at Worldline or is there still hope for the organization with their newest green partner- Crédit Agricole demonstrating ambition. Worldline’s capital geography is dependent on actors with diverging interests. Reach out to our team at www.alphavalue.com to get access to AlphaValues’s exclusive offering- AlphaBlunt!- where we investigate the failed steering of Worldline. #corporategovernance #finance #independent

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BNP Paribas and Groupe BPCE Announce Their Plans to Create a Strategic Partnership in the Field of Payments Nicolas Namias, CEO of BPCE, stated: “The first generation of our collaboration in payments with BNP Paribas was a great success. With this new industrial partnership project, in line with our next strategic plan, we are taking an important step towards accelerating innovation in payments in the coming years. In this way, we will offer the best quality of service to our customers, in particular the networks Banque Populaire and Caisse d’Epargne.” Jean-Laurent Bonnafé https://lnkd.in/ecGvGi6Y #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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📢 [MEDIAS] 📢 📰 Castles Technology is prominently featured in Le Le Figaro's article on the future of payments in France! 🇫🇷 The article includes an interview with our leader, Jean-Philippe Niedergang, CCO of the Group and CEO of EMEA and LATAM. Jean-Philippe states, "We transform the entire POS production process—from innovative design to seamless delivery—ensuring top-notch services like helpdesk support, repair, and beyond." This feature highlights our commitment to driving innovation and excellence in the payment technology sector. We're shaping the future, one transaction at a time. 💳 Dive into the full article and discover how we're leading the charge in transforming payment solutions: https://lnkd.in/enPZSVXy #Payments #Innovation #POS

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Worldline Belgium-Based Study Confirms Digital Transactions Are Greener Than Cash Sébastien Mandron, CSR Officer, Worldline: “The continuous adoption of digital payments is already bringing a positive contribution to the CO2 reduction ambitions of Europe as they are more efficient than cash from an environmental standpoint. But, beyond this intrinsic benefit of moving towards digital payments, the good news of this study based on Belgium nation-wide data is that there are many more levers ahead to further optimize the digital payment CO2 footprint. To fully activate these levers, we’ll need to go beyond what a single company can do by itself and also work collectively as an ecosystem. Associating industry players, banks regulators, policy makers and, of course, citizens around this common goal will allow to promote in the years to come, constantly more CO2 efficient solutions while keeping security and convenience at the highest levels.” https://lnkd.in/eYsBJRkn Patrice Geoffron #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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In recent years, AI has transformed payments by boosting efficiency and innovation. In our latest blog we explore how payments, fraud detection, and customer experiences in the finance industry have been reformed. Worldline expert Raphaël FEILLET touch upon the role of AI, the challenges and opportunities, strategies for responsible AI deployment and how Worldline is using AI for operational excellence and better customer experiences. Read more here: https://bit.ly/3Qh3CgW #AI #FinanceIndustry #CustomerExperience #Worldline

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