A Growing Payments Market Calls for Increased Cooperation
Cooperation between traditional banks and non-bank payment services providers is at an all-time high. This integration has proven to be a win-win-win, with clients, regulators and market players all coming out ahead. As demand grows, even more integration in the payments ecosystem is needed to ensure stability and prosperity.
Not everyone needs to share our enthusiasm. But we do think that even if you’re not planning to become a master of international banking, it’s a world everybody should know a few things about. That’s why we’re starting this introductory series where we’ll go deep into the complexities of international payments.
The world of payments is always evolving. New technologies disrupt old ways of doing things, new entrants gobble up market share, and a changing regulatory landscape forces adjustment and innovation. Here we take a look at some of the developments in the global payments industry and how they’re likely to play out in 2020.
Open Letter to Entrepreneurs: Seize Your Chance with Utilities
Have you sat and thought about how billing, payments, and the administration around utilities works? Because right now, utility payment is an area wide open for innovation. Whoever can step in with a streamlined system will take home a share of payments worth billions every year.
In recent years, Ukraine has emerged as a major tech hub, providing services for companies around the globe. But limits on the country’s financial services are causing a headache for businesses that want to make the most of this opportunity.
Where does the problem come from? And how can you work around it?