Worldline Financial Services’ Post

The #digitaleuro will enter the highly competitive, multifaceted, and heterogeneous #payments landscape in the #Eurozone. As any other payments method, it needs to provide additional value for the variety of stakeholders to achieve the envisioned acceptance rate in daily payments. Our IBM Consulting recently published white paper "Implementation of the Digital Euro", covers five key aspects as levers for a 🚀 successful #dEUR : 1️⃣ 🛤 Build on existing rails and provide enhancements for the digital euro 2️⃣ ⚖ Extend PSD2(3) with a standard digital euro API for incumbents, FinTechs, TPPs 3️⃣ 🔏 Allow strong privacy for low-value proximity payments, independent of technical connectivity 4️⃣ 🏦 Include a centrally governed distributed ledger as an enabler for digital processes, virtual worlds and tokenized economies 5️⃣ 🏗 Build the digital euro system by starting with a minimum viable digital euro within a sandbox What do you think? Do you agree? Any comments? 🔎 For deeper detail, you can find the white paper link in the comments section below. #Digital_Payments, #Payments_innovation, #IBM_Payments Congrats, Wolfgang Berger, Thomas Hartmann, Atakan Kavuklu, Naren Krishnan, Arindam Dasgupta, authors of the insightful paper.

One of the key opportunities presented by the adoption of CBDCs is the potential to improve financial inclusion. By providing digital payment options that are accessible to all, regardless of location or socioeconomic background, CBDCs can bridge the gap between traditional banking services and the unbanked. CBDCs have the potential to revolutionize cross-border transactions by eliminating intermediaries and reducing transaction costs. With a CBDC, international transfers can become faster, cheaper, and more transparent, allowing for seamless global business and financial integration. #QBSMScBlogger

📣The most recent research paper by Giesecke+Devrient on the 𝐈𝐧𝐭𝐞𝐫𝐨𝐩𝐞𝐫𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐚𝐬𝐩𝐞𝐜𝐭𝐬 𝐨𝐟 𝐂𝐁𝐃𝐂 𝐚𝐜𝐫𝐨𝐬𝐬 𝐞𝐜𝐨𝐬𝐲𝐬𝐭𝐞𝐦𝐬 𝐚𝐧𝐝 𝐛𝐨𝐫𝐝𝐞𝐫𝐬 features a comprehensive case study on cross-border payments using the Universal Digital Payments Network (UDPN). The paper provides a case study focusing on the integration of Filia®, a domestic retail CBDC platform developed by G+D, with the UDPN. The case study demonstrates the effectiveness of the UDPN in transforming digital finance: lower transaction costs, faster transaction times with 24/7 availability, settlement in national currencies, and improved data sharing and transparency for all participants. 📖 These advancements are not just incremental, they are a leap forward in the CBDC space. Dive into this insightful case study to understand the full impact of our efforts with G+D: https://lnkd.in/eQJsnWd6 👉 Explore more UDPN PoCs: www.udpn.io and if you are interested in joining the UDPN Alliances, please contact us at contact@udpn.io! #UDPN #GieseckeDevrient #CBDC #DigitalFinance #Innovation #CrossBorderPayments

𝗟𝗼𝗼𝗸𝗶𝗻𝗴 𝗯𝗮𝗰𝗸 𝗼𝗻 𝗮𝗻 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝗳𝘂𝗹 𝘀𝗲𝘀𝘀𝗶𝗼𝗻 𝘆𝗲𝘀𝘁𝗲𝗿𝗱𝗮𝘆 𝗮𝘁 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗠𝗼𝗻𝗲𝘆 𝗦𝘂𝗺𝗺𝗶𝘁 𝗶𝗻 𝗟𝗼𝗻𝗱𝗼𝗻, where the key challenges to launch CBDCs were discussed. Clément Jozwiak, Chief Product Officer at Worldline Financial Services, participated in a panel session: “The payment landscape has evolved a lot in the past decades. There have been several initiatives in Europe to unify the payment ecosystem which highlight the fact that we need European solutions that bridge gaps among countries, ensuring an inclusive payment method. 𝗪𝗼𝗿𝗹𝗱𝗹𝗶𝗻𝗲 𝗶𝘀 𝗯𝗿𝗶𝗱𝗴𝗶𝗻𝗴 𝘁𝗵𝗲 𝗯𝗮𝗻𝗸𝗶𝗻𝗴 𝗮𝗻𝗱 𝗺𝗲𝗿𝗰𝗵𝗮𝗻𝘁𝘀 𝘄𝗼𝗿𝗹𝗱𝘀, 𝘁𝗼 𝗼𝗳𝗳𝗲𝗿 𝘁𝗵𝗲 𝗯𝗲𝘀𝘁 𝗽𝗮𝘆𝗺𝗲𝗻𝘁 𝗺𝗲𝘁𝗵𝗼𝗱𝘀 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗰𝗼𝗻𝘀𝘂𝗺𝗲𝗿𝘀 and maximize benefits for all stakeholders. We have also been 𝗶𝗻𝘃𝗼𝗹𝘃𝗲𝗱 𝗶𝗻 𝘁𝗵𝗲 𝘀𝗵𝗮𝗽𝗶𝗻𝗴 𝗼𝗳 𝘁𝗵𝗲 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗘𝘂𝗿𝗼 𝘀𝗶𝗻𝗰𝗲 𝟮𝟬𝟮𝟬. Our aim is to enable digital payments hence our strong contribution to the project”. In addition to this, it was also discussed that “the Government should help to ensure countries and the private sector are going in the same direction. It is not about private against public sector, this is about collaboration, partnership will be key to succeed”. ✔️ Learn more about the future of money: https://bit.ly/4dsfiaI ✔️ Check here for more information about the event: https://bit.ly/3QKKEQn #DigitalEuro #CBDC #DigitalMoney #DigitalPayments #Innovation #Futureofpayments #OMFIF #Worldline Diederick Langstraat Thibault Pelé David Daly FBCS

We're thrilled to release 'The Future of Digital Banking in Europe 2024', a Special Edition Finextra report for Money20/20 Europe 2024. This paper explores the resilience and innovation in European #digitalbanking, covering key insights on #fintech investments, the rise of #hyperpersonalization and #SuperApps, and features expert opinions from Vodeno, EY, J.P. Morgan, Swift, Tink, and TrueLayer. It also delves into upcoming regulatory changes like #PSD3 and #MiCA and the transformative potential of technologies such as #AI, #ML, and #blockchain. Download the report now and join us to explore #trends discussed at Money20/20 EU in Amsterdam 🔗 https://bit.ly/3KrRGFW #Finance #Money #Economy #Money2020 #Money2020EU #Banking #Banks #FinancialServices #FinancialInstitutions #Technology #Innovation #Future #PSD2 #Payments #Regulation #Compliance #electronicbanking #onlinebanking #mobilebanking #digitaltransformation #digitization #VRP #variablerecurringpayments #OpenBanking #OpenFinance #EmbeddedFinance #EmbeddedPayments #digitalpayments #BaaS #BankingasaService #SaaS #KYC #customerexperience #customization #crypto #tokenization #startups

We're thrilled to release 'The Future of Digital Banking in Europe 2024', a Special Edition Finextra report for Money20/20 Europe 2024. This paper explores the resilience and innovation in European #digitalbanking, covering key insights on #fintech investments, the rise of #hyperpersonalization and #SuperApps, and features expert opinions from Vodeno, EY, J.P. Morgan, Swift, Tink, and TrueLayer. It also delves into upcoming regulatory changes like #PSD3 and #MiCA and the transformative potential of technologies such as #AI, #ML, and #blockchain. Download the report now and join us to explore #trends discussed at Money20/20 EU in Amsterdam 🔗 https://bit.ly/3KrRGFW #Finance #Money #Economy #Money2020 #Money2020EU #Banking #Banks #FinancialServices #FinancialInstitutions #Technology #Innovation #Future #PSD2 #Payments #Regulation #Compliance #electronicbanking #onlinebanking #mobilebanking #digitaltransformation #digitization #VRP #variablerecurringpayments #OpenBanking #OpenFinance #EmbeddedFinance #EmbeddedPayments #digitalpayments #BaaS #BankingasaService #SaaS #KYC #customerexperience #customization #crypto #tokenization #startups

Payment solutions are more than just transactional tools—they're strategic assets that can drive business growth, enhance customer experiences, and innovate commerce. #Nuvei #OpenBanking #Payments #DigitalCommerce #NuveiExperts #TeamNuvei #peoplefirst #greatplacetowork #eCommerce #Payments #compliance #banking #complianceofficer #ethics #bacen #coaf #fiu #sar #cdd #kyc #onboarding #fintech #openfinance #ethicsandcompliance #kys #kye #ethics #risk #riskmanagement #operationalrisk #payments #pagos #cumplimiento #internalcontrols #baas #caas #gafi #fatf #vasps #FRAML #PEP #PPE #crypto #CDC #event #blockchain #latinamerica #thankyou #cryptoasaservice #hash #token #nft #crime #money #bank #banking #tbt #americas #bacen #bancocentral #monitoring #monitoramento #development #teaching #law #cvm #anbima #opencompliance #overcompliance #bsm #bet #pqo #gaming #gambling Discover why forward-thinking companies are prioritizing their payment systems and how this shift can significantly impact your business strategy ⬇️

We're thrilled to release 'The Future of Digital Banking in Europe 2024', a Special Edition Finextra report for Money20/20 Europe 2024. This paper explores the resilience and innovation in European #digitalbanking, covering key insights on #fintech investments, the rise of #hyperpersonalization and #SuperApps, and features expert opinions from Vodeno, EY, J.P. Morgan, Swift, Tink, and TrueLayer. It also delves into upcoming regulatory changes like #PSD3 and #MiCA and the transformative potential of technologies such as #AI, #ML, and #blockchain. Download the report now and join us to explore #trends discussed at Money20/20 EU in Amsterdam 🔗 https://bit.ly/3KrRGFW #Finance #Money #Economy #Money2020 #Money2020EU #Banking #Banks #FinancialServices #FinancialInstitutions #Technology #Innovation #Future #PSD2 #Payments #Regulation #Compliance #electronicbanking #onlinebanking #mobilebanking #digitaltransformation #digitization #VRP #variablerecurringpayments #OpenBanking #OpenFinance #EmbeddedFinance #EmbeddedPayments #digitalpayments #BaaS #BankingasaService #SaaS #KYC #customerexperience #customization #crypto #tokenization #startups

We're thrilled to release 'The Future of Digital Banking in Europe 2024', a Special Edition Finextra report for Money20/20 Europe 2024. This paper explores the resilience and innovation in European #digitalbanking, covering key insights on #fintech investments, the rise of #hyperpersonalization and #SuperApps, and features expert opinions from Vodeno, EY, J.P. Morgan, Swift, Tink, and TrueLayer. It also delves into upcoming regulatory changes like #PSD3 and #MiCA and the transformative potential of technologies such as #AI, #ML, and #blockchain. Download the report now and join us to explore #trends discussed at Money20/20 EU in Amsterdam 🔗 https://bit.ly/3KrRGFW #Finance #Money #Economy #Money2020 #Money2020EU #Banking #Banks #FinancialServices #FinancialInstitutions #Technology #Innovation #Future #PSD2 #Payments #Regulation #Compliance #electronicbanking #onlinebanking #mobilebanking #digitaltransformation #digitization #VRP #variablerecurringpayments #OpenBanking #OpenFinance #EmbeddedFinance #EmbeddedPayments #digitalpayments #BaaS #BankingasaService #SaaS #KYC #customerexperience #customization #crypto #tokenization #startups

We're thrilled to release 'The Future of Digital Banking in Europe 2024', a Special Edition Finextra report for Money20/20 Europe 2024. This paper explores the resilience and innovation in European #digitalbanking, covering key insights on #fintech investments, the rise of #hyperpersonalization and #SuperApps, and features expert opinions from Vodeno, EY, J.P. Morgan, Swift, Tink, and TrueLayer. It also delves into upcoming regulatory changes like #PSD3 and #MiCA and the transformative potential of technologies such as #AI, #ML, and #blockchain. Download the report now and join us to explore #trends discussed at Money20/20 EU in Amsterdam 🔗 https://bit.ly/3KrRGFW #Finance #Money #Economy #Money2020 #Money2020EU #Banking #Banks #FinancialServices #FinancialInstitutions #Technology #Innovation #Future #PSD2 #Payments #Regulation #Compliance #electronicbanking #onlinebanking #mobilebanking #digitaltransformation #digitization #VRP #variablerecurringpayments #OpenBanking #OpenFinance #EmbeddedFinance #EmbeddedPayments #digitalpayments #BaaS #BankingasaService #SaaS #KYC #customerexperience #customization #crypto #tokenization #startups