Over recent years the financial sector has confronted a dramatic increase in innovation in technology, services, and platforms and to some degree in organisational structure. The need to innovate is broadly-based and not just a financial sector challenge. Typically in financial services, as in most other sectors in todays world of increasing hyper competition, there is… Continue reading Disruptive Innovation in the Payment Industry
Tag: payments
SEPA end-date regulation – a strong driver for payment innovation
When the European Parliament passed the “single Euro payments area” legislation on Tuesday, it was an important milestone in creating a unified, European, payment market. The, somewhat, voluntary implementation of SEPA Credit Transfers, SCT, and SEPA Direct Debits, SDD, by the European banks was a corner stone, but the slow adaptation of the new products… Continue reading SEPA end-date regulation – a strong driver for payment innovation