Jean Sideris (Director, Dubai) recently spoke with Abe Smith, Co-CEO at Paymentology. During the conversation, Abe introduced the firm and shared his views about the evolution of the issuing processing market and the singularities of the MEA region
On the 22nd of June, Edgar, Dunn & Company (EDC) hosted a webinar that explored the potential of Open Banking and non-sweeping or commercial Variable Recurring Payments (VRPs) in the payments industry.
Jean Sideris (Director, Dubai) and Rawad Nasser (Consultant, Paris) analyse the increasing challenges of international card schemes in the context of rising domestic initiatives.
EDC has diligently been tracking and maintaining a comprehensive database of Payment Orchestration Platforms (POPs) since April 2020. Over time, this database has evolved significantly, encompassing a wide range of both agnostic and full stack providers in the payment orchestration space. Mark Beresford (Director, London) and Tom Robins (Business Analyst, London) look over the last three years and describe what has changed in the EDC POP Database.
UK Finance has recently reported that Authorised Push Payment (APP) fraud was down in 2022 but it remains a persistent problem. Over £1.2 billion was stolen by criminals through authorised and unauthorised fraud in 2022. Could Open Banking introduce new avenues and potential risks that scammers could exploit and reverse the fall in APP fraud? Mark Beresford (Director, London) has asked the question - could Open Banking be an open door to more authorised fraud?
Elisabetta Nadal (Business Analyst, London) has invested in whether Variable Recurring Payments (VRPs) will be a turning point for Open Banking solutions in the UK. What are VRPs, what is available today, what are the benefits for consumers, and what can we expect in the near future?