Changing market requirements make the world of payment services as exciting as it is challenging. One of the major challenges is to focus on how the payment is integrated into the user experience. But this is not the only topic worth keeping an eye on. Innovation, technology, new services, and new legislation and regulations are also high on the list.
We have clients and partnerships in numerous European countries and the United States, and have extensive contacts in the financial world. And we are eager to share our knowledge. Via the equensWorldline blog, industry experts and our own specialists will keep you informed of a wide variety of topics.
Find below our latest blog articles.
Chatbots23 February 2018
Can payment-options give chatbots a push in the right direction?
By Edward van Dooren
The future of chatbots – is unknown. When Facebook announced in 2016 that it would allow developers to place chatbots on its messenger app, the expectations were high.
Nowadays the euphoria is slightly tempered, as there is still no chatbot that seems to be a real game-changer. The search for a breakthrough of chatbots continues. Are chatbots are going to live up to their promise?
Building the future of payments during the ECB’s TIPSapp Challenge
By Paul Jennekens
“Instant Payment is faster than the security check-in at the ECB”, said Marc Bayle de Jessé of the European Central Bank. On 6 February 2018 sixteen companies presented their instant payment solutions and visitors engaged in interesting discussion panels during the TIPSapp Challenge, organized by the ECB.
Four cases to demonstrate user-friendly solutions for Instant Payments during the ECB’s TIPSapp Challenge
By Mark Munne
Instant Payments is a quantum leap in payments. Consumers can send money as quickly as email and corporates have instant certainty.
equensWorldline has prepared two apps to demonstrate its thought-leadership in providing instant payment, that will be presented during the TIPSapp Challenge, organized by the ECB, on 6 February 2018. The challenge is meant to boost public awareness of Instant Payments across Europe.
By Mehdi Manaa, Deputy Director General Market Infrastructure and Payments, European Central Bank.
The availability of a safe and efficient market infrastructure that can process and settle instant payments across Europe is one of the cornerstones of European payments innovation. At the same time, it is the customers – the consumers, the businesses and public administrations – that will ultimately determine the success or failure of instant payments. Bringing information to consumers, businesses and public administrations is essential.
To boost public awareness of instant payments across Europe, the European Central Bank invited interested service providers to participate in an event entitled #TIPSapp Challenge.
Host Card Emulation is the real breakthrough for mobile payments
By Paul Jennekens
The introduction of Host Card Emulation (HCE) can be seen as a real breakthrough for mobile payments, because it unifies the market and can be deployed on a global scale. Recent examples of banks introducing mobile payments are Belfius Bank in Belgium and Postbank in Germany.
In this interview, Cezara Ceobanu, product manager HCE at equensWorldline, explains this technology and its contribution to mobile payments.
The future? Banks become open ecosystems and collaborate with fintechs
By Tom Wijnen
With the introduction of the Payment Services Directive 2 (PSD2), data of the bank customer, after his consent, becomes practically a common good. As of January 2018, banks are obliged to open up bank account details to third parties. This makes the PSD2 perhaps the most disruptive and exciting development in years.
Sibos day 2- Although Blockchain is interesting, it is far from mature
By Tom Nijenhuis
Distributed Ledger Technology (DLT) should be a solution to address a particular problem and not a solution looking for a problem. That was one of the key messages during the session ‘Blockchain and payments: Lessons learnt and future prospects’ on the second day of SIBOS.
SIBOS day 2 – Banks should learn the lessons of telco operators to fully exploit the potential of PSD2
By Tom Nijenhuis
Retail banks should position themselves as the every day digital bank with strong customer relations and provide services throughout the lives of their clients, support key events such as student loans, providing mortgages and pension plans.
SIBOS day 1 – How an app challenge can improve the use of Instant Payments
By Tom Nijenhuis
Banks, PSPs and tech providers can all compete to present the best app (or the prototypes) for Instant Payments on the 6th of February in 2018 in Frankfurt during the #TIPSapp Challenge.
equensWorldline has been processing payments and card transactions for decades. We have clients and partnerships in numerous European countries and the United States, and have extensive contacts in the financial world. And we are eager to share our knowledge. Via this blog, industry experts and our own specialists will keep you informed of a wide variety of topics.