Happy New Year! – What difference can a year make?

Huge, it would seem. The momentum and focus of payments, commerce and financial services businesses at year end 2022 was vastly different to its start. Two corrective macro cycles overlaying each other have determined a massive swing in sentiment and subsequent actions in the markets:

Read more…

Success in Payments means New Value on Existing Infrastructure – PayX Industry News

Our regular round up of the latest news in the Payments Industry. If you would like to receive our newsletter straight to your inbox, you can subscribe here     Top Stories EMV: U.S. Won’t Make October Deadline What will the next era of payments

Read more…

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

Read more…

In the battle for supremacy is the answer always to call in the regulator?

The long-established payments infrastructures of the world are immensely powerful beasts and seem to have got their strategy right. As a platform they appear to be designed to stem any immediate threat from new entrants by being both awkward and costly to work with. These

Read more…

World migration to EMV in 5, 10, 15 years and still counting

On the 1st May 1997 the first EMV transactions in the world were performed in Basildon, UK. The project team, including some PayX people, basked in success and predicted the world would be complete in 5 years. 15 years later and it is still only

Read more…

You’re in the news – with success or failure, your choice!

The UK banking market unfortunately hit the front pages again with an RBS core systems failure impacting millions of customers. As Banks try to “deliver more with less” we are seeing more of these events around the world. As consolidation of banks continues combined with

Read more…

Card Terminals: A thing of the past?

We’ve talked about mobile commerce and how new ways to pay would have an effect on cards, but maybe the biggest shift we will see in the near term is mobile phones taking on the role of the payment terminal. Following the success of Square

Read more…

Never before have we seen the consumer base actually drive such rapid change

Pick up any news feed recently published, and you will see how consumer demands for services like digital payments, has led to the need for enhanced knowledge across Mobile Payments, e-Commerce, Channels to Market and the re-platforming of core payments infrastructures. Never before have we

Read more…

Clearly the expected market movement of Autumn is upon us.

Currently we are seeing two themes emerge. Firstly, mobile/”easy device” payments methods are hitting the news from many varied sources and angles. These range from new methods such as iPhone and Blackberry payments, through to the continual geographical emergence of pilots and major growth in

Read more…