Top Insights
Payments
What is a Balloon Payment on a Car?
Knowing the various financing options available when purchasing a car is crucial. One term you might encounter is a “balloon payment.” But what...
Apple Shuts Down Apple Pay Later Just Months After Launch
Key Points Apple Discontinues Apple Pay Later Apple has made the decision to discontinue its buy now, pay later service, Apple Pay Later,...
Payment Services Directive (PSD2) and Enhanced Security Requirements
The financial services industry in Europe has witnessed transformative changes with the advent of the Payment Services Directive (PSD2). PSD2, a regulatory framework...
Technical Standards Used Within the Payments Industry and Various Standardisation Initiatives
Technical Standards ISO 20022 Definition:ISO 20022 is an international standard for electronic data interchange between financial institutions. It provides a common platform for...
Main Channels, Methods of Connectivity and Infrastructure, and the Digital Transformation of Payments
Channels and Connectivity Online and Mobile Banking Definition:Accessing banking services and performing transactions through the internet or mobile devices. Importance: Mobile Applications, Wallets,...
Key Operations within the Payment Industry
Ensuring Timely and Efficient Payment Processing Definition:The process of executing transactions promptly and accurately to ensure that funds are transferred from the payer...
Understanding the Infrastructure of Payments
Taking a look at the infrastructure of payments and identifying key features, market developments, technological advances, and the competitive landscape. Identify the Key...
The Socio-Economic and International Features of the Payments Industry
Variation in Sophistication of Markets The payments industry varies widely in sophistication across different markets, influenced by factors such as economic development, regulatory...
Different Trends in the Foreign Exchange Market and Their Impact on Business
Currency Fluctuations Fixed Exchange Rate Definition A fixed exchange rate system is where a country’s currency value is tied or pegged to another...
The Impact of Business Continuity and External Economic Factors on the Payments Industry
External Economic Factors and Their Impact on Payment The payments industry is significantly influenced by various external economic factors, each affecting transaction volumes,...
