NFC World

News from the NFC World journal

Investors over-valued payments firms and CBDCs are overhyped: 2024 jury

According to the 2024 report from the Payments Innovation Jury, many payments firms were over-valued prior to the pandemic, CBDCs have been overhyped and Asia remains the most promising region in the world for future payments growth ahead of the Middle East and Africa – with Latin America seemingly not at the races. 2024 Payments

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Banks and FI’s should switch to orchestrated ID and authentication management

That there is a raft of new regulation on authentication and identity management coming is not in question, but what about the impact and how banks, financial services providers and insurers (BFSIs) should prepare? Banks and FI’s should switch to orchestrated ID Payments Cards & Mobile spoke to Martin Zeisel, Principal Consultant, Payment and Identity

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Faster, but more fraud: the real-time challenge

In a recent feature, we questioned Europe’s current approach to cross-border real-time payments. Now the P20 consortium has published a white paper that confirms and amplifies our editorial position: as real-time payments become the domestic norm, more consumers expect the same from cross-border payments. However, to make this happen regulators and the industry need to

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Open Banking is opening up new opportunities to attract, engage and retain customers

Thanks to the momentum that’s been building behind Open Banking, there are many new opportunities for financial services businesses to create digital services that attract, engage and retain customers. This is the central message of a new report published by Visa Consulting & Analytics in association with Tink, the Visa solution that’s behind Europe’s leading

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The potential the agent model promises for Direct Carrier Billing

One of the more interesting players in Europe’s dynamic payments sector is Vienna-based mobile specialist DIMOCO Payments. The company is convinced that Direct Carrier Billing (DCB) has a range of unique attributes, which can take it far beyond the relatively narrow niche it has traditionally served. The agent model and Direct Carrier Billing Payments Cards

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Cross-border payments: Update on industry initiatives

Cross-border payments have long been a critical aspect of global finance, facilitating trade and economic interaction across nations. However, the complexities and inefficiencies associated with these transactions have often led to significant challenges for payment service providers (PSPs) and their clients. Cross-border payments update At EBAday 2024, Simon McConnell, a Board Member of the Euro

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