Hyper-personalization is revolutionizing both the payments and retail sectors by creating more relevant, secure, and engaging customer experiences. As businesses continue to harness the power of AI and real-time data, hyper-personalization will become an essential strategy for staying competitive and…
The introduction of the Revised Payment Services Directive (PSD2) paved the way for open banking, allowing third-party providers (TPPs) to access customer payment account data with consent. Now, the emergence of the SEPA Payment Account Access (SPAA) Scheme promises to…
In the world of banking and financial services, the role of core banking technology cannot be overstated. Modernizing core banking systems can have a transformative impact on traditional banks, enabling them to adapt to fast-paced changes and compete effectively with…
In the dynamic world of digital payments, a constant quest for innovative solutions to streamline transactions and foster interoperability has led to the creation of Nexo Standards. Established in 2014, NEXO Standards is a non-profit organization that seeks to address…
The world of payments is in a constant state of evolution, and the advent of mobile payments has been a cornerstone in this journey. Merchants can accept payments from a wider range of devices, including smartphones, tablets, and even wearables.…
In today’s evolving technological landscape, security remains a major concern across various domains. From public security and immigration management to mobile payment systems and business operations, the need to accurately identify and authenticate individuals is crucial. Biometric identification has emerged…
IoT payments present a future where connected devices autonomously initiate and complete transactions, offering increased convenience, efficiency, and automation in various sectors, including transportation, healthcare, agriculture, and beyond. According to the Medici Global estimate, the market for machine-to-machine (M2M) transactions,…
In an era marked by rapid digital transformation and the evolution of financial services, the French payment landscape has witnessed significant changes and the emergence of diverse actors. In this article I’d like to uncover the intricacies of the French…
As e-commerce is becoming more and more popular in the recent years, it’s becoming more vulnerable to compromise. Although PCI DSS has been used to improve security in this environment, there is still no common specification to address data transmission…
3D Secure (3DS) is a security protocol that was created to help reduce the risk of fraud in online card transactions. The latest version of the protocol, 3D Secure 2 (3DS2), was released in 2016 and offers several improvements over…
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