article thumbnail

Payments trends report 2024

The Payments Association

Addressing these issues is not just about compliance; it is essential for maintaining customer trust, ensuring operational resilience, and mitigating financial and reputational risks.

article thumbnail

Five payments trends to watch closely in 2025

The Payments Association

2025 payment trends focus on digital wallets, instant payments, AI, fraud prevention, and consumer convenience, driven by evolving regulations and innovation. As the payments landscape evolves, businesses face increasing pressure to adapt to technological advancements and changing consumer expectations.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

LexisNexis® Risk Solutions: 5 Payments Trends to Watch in 2024

The Fintech Times

Edward Metzger, vice president, market planning payments efficiency at LexisNexis® Risk Solutions, shares his predictions for the key payments trends to watch as 2024 unfurls. The post LexisNexis® Risk Solutions: 5 Payments Trends to Watch in 2024 appeared first on The Fintech Times.

article thumbnail

Navigating AML obligations in the age of virtual IBANs

The Payments Association

Andrew Doukanaris Ambassador, The Payments Association While vIBANs have positive use cases, challenges exist in limited monitoring of the end user, alignment with the PSPs risk appetite, and the lack of a consistent framework to mitigate financial crime and regulatory risks. Common standards would bring consistency and confidence.

IBAN 88
article thumbnail

Challenges and Opportunities: Intix Reveals Trends of 2025 Payments Market

The Fintech Times

Four transformative payment trends The whitepaper found that surging transaction volumes, increasing payment complexity, the accelerated adoption of instant payment methods, and a significant transition from card-based to account-to-account payments were the main recurring themes in the evolving payments market.

article thumbnail

Economic Crime and Corporate Transparency Act examined: A guide to avoiding failure-to-prevent fraud measures

The Payments Association

Economic Crime and Corporate Transparency Act examined: A guide to avoiding the failure-to-prevent fraud offence February 6 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? Risk assessment: Businesses should actively assess and mitigate fraud risks. Why is it important?

Crime 88
article thumbnail

Looking Back on 2024 in Paytech: Insights from Aevi’s Experts

The Fintech Times

The Bank of England has emphasised the need for payment firms to enhance their operational resilience, mandating improvements by March 2025 to better handle disruptions like cyber-attacks or system failures. How are these influencing product development and payment strategies?