- December 16, 2020
- Digital Payments, Global Payments Knowledge
The Digital Transformation of Banking: Opportunities and Challenges
Written by Alicia Edwards The COVID-19 pandemic has forced industries all around the world to innovate in order to continue their operations. The banking industry is no exception. Since the lockdown, banks have had to move their services online. That, in itself, is a technological
- November 22, 2014
- Business
APIs could unlock much needed banking industry transformation
Banks will need to open up their transactional data via API in order to maintain their foothold in a financial services ecosystem that is halfway through a decade-long industry-wide disruption, PayX CEO Adrian Hausser said Tuesday at the API Academy’s API360 Summit in London. Hausser’s company, PayX, is
- November 11, 2014
- Business
Payments APIs – The last mile to realising the Holy Grail in Payments?
Recently, three of the world’s biggest financial services firms—Mastercard, Visa and Citi—have promised to ditch their insular approach and open up their platforms to partners. APIs in Payments has become the forefront of Bank strategies to not only retain but grow market share, grow traction
- September 13, 2013
- Business
Payments Operating Costs set to increase by 10% – how will this affect you?
PayX International concludes, along with many other Market Analysts, many payments operations are about to see 10% annual increased costs, not the cost reduction many have been working on. PayX at EBUG Knowledge Forum presents sessions on market landscape and what to do to
- December 3, 2012
- Global Payments Knowledge
Price Transparency in Banking
Don’t let anyone tell you different, price transparency in Banking has come on a long way since my early experiences as a teenager in banking in the 1970’s. I recall being invited to take the printout of business customers into the manager’s office at one
- November 1, 2012
- Card Processing, Global Payments Knowledge
In an increasingly congested Payments Market who will come out on top – the Old Guard or the new Young Pups?
Traditional Banks are often seen as slow, cumbersome organisations who can’t manoeuvre quickly because they are saddled with huge legacy systems held together with sticky tape and plaster. They have a largely process oriented workforce, are inefficient and bureaucratic, and operate with a very expensive