Volker is a Director in EDC’s London office and is responsible for the Merchant Acquiring / Payment Acceptance practice of EDC. Volker is working as an advisor in the payments industry for over 20 years mainly in Europe and the Middle East. He has advised many industry players on strategy development, operational models and benchmarking as well as financial analysis. Volker has also worked on many commercial due diligence engagements for strategic and financial investors and has supported sellers in preparing documentation needed for IPOs or investor presentations. In his spare time, Volker is trying to reduce his golfing handicap (so far unsuccessfully).
There are many successful use cases for Open Banking but payments is arguably not one so far. In this article, Volker Schloenvoigt (Director, London) highlights how it might be required for merchants to share some of the benefits with the end consumer to kick start adoption.
So much for a quiet summer. Whilst many of us enjoyed some relaxing time on the beaches during the hot months, it appears that the M&A department of Global Payments put in some extra hours at their desks.
Ralph Rogge is the Chief Executive Officer and Co-Founder at Crezco, a company that enables users to instantly send and request money via Open Banking technology. Crezco pioneers a new way to handle B2B invoices and is launching a new cross-border account-to-account solution that is set to revolutionise international Open Banking payments.
Cross-border payments are financial transactions where the payer and the recipient are based in separate countries.
Bottomline Technologies is a primary provider of business payment solutions. Founded in 1989, they have amassed a large array of clients and case studies over the years.
Despite being a mainstay in haircut conversations for nearly a decade, ‘disruptive’ cryptocurrencies have largely remained courteous to the traditional consumer. These digital currencies have, until recently, predominantly presented themselves as an alternative form of high-risk investment opportunities.