FKP2374 European Payments 2014.Indd

Total Page:16

File Type:pdf, Size:1020Kb

FKP2374 European Payments 2014.Indd SRA CPD: 12.5 hours Mid TierPlaces Banks!Free For & Corporate see pageTreasurers 2 for details 40+ THE ORGANISERS OF, 2014 , EUROPE’S MOST PRESTIGIOUS Speakers PAYMENTS FORUM, BRING YOU AN UNMISSABLE EVENT Including: ! • EUROPEAN COMMISSION • EUROPEAN European Payments CENTRAL BANK • UK PAYMENT SYSTEMS REGULATOR Regulation 2014 • CITI • PAYPAL • EUROPOL • BNP PARIBAS Managing Challenges & Change • PAYM • BANCO POPOLARE • ALSTOM • VISA HIGHLY TOPICAL AGENDA AND OUTSTANDING SPEAKER FACULTY • ELECTRONIC MONEY ASSOCIATION SEPA Post Migration: Potential Remaining Challenges For Stakeholders • VODAFONE Ruth Wandhöfer, Global Head of Regulatory & Market Strategy, Treasury & Trade Services, • AFAS PERSONAL CITI • ECOMMERCE EUROPE • TELECOM ITALIA Keynote Address From The ECB: Facilitating The Development Of An • BARCLAYS Integrated, Innovative & Competitive Market For Euro Retail Payments • MASTERCARD Wiebe Ruttenberg, Head Market Integration Division, DG Payments and Market Infrastructure, WORLDWIDE EUROPEAN CENTRAL BANK • SWEDBANK • YORKSHIRE BUILDING SOCIETY PSD II – How Will It Impact Payment Service Providers & Consumers? • MACFARLANES Pia Sorvillo, Government Relations EMEA, eBay Inc., PAYPAL • SOFORT • UK CARDS ASSOCIATION • TRUSTEU AFFAIRS Cards Interchange Regulation: Implications, State Of Play & • DEUTSCHE BANK The Long Term Outlook • FIELDFISHER Marc Temmerman, Director of European Affairs, VISA • GROUPEMENT DE CARTES BANCAIRES The 4th EU Anti Money Laundering Directive: Key Requirements And • RBS Their Impact On The Banking Sector • LLOYDS BANKING Martin Saunders, Partner, CLIFFORD CHANCE GROUP • CGI • OSBORNE CLARKE Managing Cyber Security & Online Fraud – Essential Issues To Address Now • FLEISHMANHILLARD Troels Oerting, Head, European Cyber Crime Centre, EUROPOL • CLIFFORD CHANCE • BNY MELLON • ENSYGNIA What Next For Data Protection In Europe? • IBOS ASSOCIATION Rupert Casey, Partner, MACFARLANES • LOCKE LORD • KMPG • BRITISH RETAIL Keynote Address: Next Steps For The Regulation Of Mobile Payments CONSORTIUM Chris Skinner, Chairman, THE FINANCIAL SERVICES CLUB • THE FINANCIAL SERVICES CLUB Innovations In E&M Payments – How Will The Evolving Regulatory Sponsor Regime Impact The Market? Lisa Felton, Global Head of Consumer Regulation and Content Standard, VODAFONE Intraday Liquidity Monitoring & Management: Why Should You Worry? Ludy Limburg, Vice President, RBS Stay updated via our social media sites: Beyond Europe –Infl uences Of Non-EU Payments Law On European Business Liz Oakes, Associate Director, Payments & Transaction Banking, KPMG LinkedIn Group: International Payments Summit Tuesday 2 & Wednesday 3 December 2014 • The Crowne Plaza London. Twitter: @IPS_Event Arranged By: For the latest programme or to register, visit: www.icbi-events.com/europeanpayments To register: Call: +44 (0) 20 7017 7200 • Fax: +44 (0) 20 7017 7807 • Email: [email protected] Dear Colleagues, Our Past Delegates Say It Best: I am delighted to be chairing ICBI’s fourth annual conference on “Excellent spread of speakers and “European Payments Regulation: Managing Challenges a good debate”. John Burns, LLOYDS BANKING GROUP And Change” and look forward to exploring with you the wide range of important changes that the European payments industry “Condensed discussions; is experiencing. Throughout the conference, we will encourage good speakers; you to maintain an open dialogue on the issues your business is very good and lively moderator”. experiencing in the current environment, and how you see the future Martin Schlageter, ROCHE landscape unfolding. “Informative with a wide range of speakers”. On Day 1, we will discuss the state of SEPA post migration, including Abu Uddin, BANK OF TOKYO MITSUBISHI potential remaining challenges for stakeholders. We will then turn our “Lots of information, good discussion attention to the Payment Services Directive II, where we will explore and different views”. the latest developments in the context of the ongoing European Rebecca Stevens, ABN AMRO decision making process. This will be followed by the second important European payments legislative development, the Cards “Excellent information and mix of Interchange Regulation, where implications, state of play for decision speakers; good discussion”. makers and a longer term outlook will be presented. The day will Manfred Plantz; UNICREDIT BANK round up with the latest on Anti-Money-Laundering legislation, data “The best forum to meet industry experts protection and cybercrime, all of them being crucial topics for the and regulators.” European payments market. Srilakshmi Amarnath, Saxo Bank “Great speakers. Very well run and Day 2 will open with a closer look at the new UK payments regulation managed. Worth 2 days of my time!” landscape, with a Keynote Address from the new UK Payment Ian Stewart, SCC Systems Regulator. We will then turn our focus onto upcoming payments initiatives in the mobile and e-payment space will be discussed and next steps planned for mobile payments legislation SPONSORSHIP AND EXHIBITION OPPORTUNITIES at the level of the European Commission will be examined in more detail. We will then look at the latest developments on intraday If you supply solutions to the banking community then it is crucial to have a high profi le at this conference. By liquidity monitoring and management and explore a number of key sponsoring or exhibiting at this event you can: implications that this landmark global regulatory initiative will have for • Arrange one-to-one meetings with key individuals in the payments space. The day will continue with an update on other one place without the need to arrange numerous business legislation emerging globally that may impact the payments world. trips. • Join the program and demonstrate new thought leadership, intellectual expertise or case studies To lead us through this challenging review over the two days, you alongside the most prominent names in the industry. will be hearing from experts at the heart of regulatory developments • Networking opportunities are paramount and sponsors including the European Commission, the European Central Bank, have the opportunity to host social functions and reserve tables at lunch in order to meet with clients or UK Payment Systems Regulator, the European Payments Council, new contacts. the UK Electronic Money Association, Ecommerce Europe, IBOS • Organise breakfast briefi ngs or workshops in order to Association; leading banks such as Citi, RBS, Barclays, BNP Paribas, target key individuals in advance of the event. Banco Popolare, Swedbank, Deutsche Bank; cards schemes These are just a small example of what we can offer you at Visa, MasterCard, Cartes Bancaire and the UK Cards Association; this event. If you are interested please contact Helen Lowe on +44 (0)20 7017 4041 or email helen.lowe@informa. payments disruptors including PayPal, AFAS, Sofort, PayM and com for further details. Vodafone; treasurers from Alstom and Telecom Italia as well from other key experts including Osborne Clarke, Locke Lord, Fieldfisher, FREE PLACES FOR MID TIER BANKS - APPLY NOW Clifford Chance, CGI and the British Retail Consortium. We aim to deliver a comprehensive overview of the sector As we take this timely opportunity to debate the different elements and to facilitate essential industry dialogue. Our expert panel of speakers has recommended that this event would that will collectively transform key aspects of the European payments benefi t from increased representation from smaller fi nancial landscape, I hope that together we can identify key next steps, institutions. Accordingly, we have set aside a limited number business dynamics and market opportunities which will further help to of FREE places for delegates representing mid-tier banks (as a guide we would suggest banks with total assets of drive the European payments project forward. under US$55bn; subsidiaries of major banks will not qualify). To apply, please email [email protected] I very much hope you will join us and look forward to meeting you. FREE PLACES FOR CORPORATE TREASURERS Ruth Wandhöfer FREE PLACES FOR CORPORATE TREASURERS As with our fl agship International Payments Summit, we will Global Head of Regulatory & Market Strategy, Treasury & be offering free places to corporate treasurers to maximise Trade Services the opportunity for banks to enter into a productive dialogue CITI with corporates throughout the duration of the conference. A limited number of places are available. To apply please email [email protected] 2 For the latest programme or to register, visit: www.icbi-events.com/europeanpayments To register: Call: +44 (0) 20 7017 7200 • Fax: +44 (0) 20 7017 7807 • Email: [email protected] involved in the SEPA process since the start. Francis is a member Day 1: Tuesday 2 December of various industry committees and represents BNP Paribas in several forums related to development of payments, e-payments 08.45 Registration and Coffee and cash management, including the EPC and EBA Clearing. He is EPC Plenary member and co-chairs currently the ERPB e-Mandate 09.15 Opening Remarks From the Chair Working Group. Ruth Wandhöfer, Global Head of Regulatory & Market Strategy, Bob Lyddon, Managing Director Treasury & Trade Services, CITI IBOS ASSOCIATION Ruth is recognized in the European payment industry as one of the IBOS is a banking club that enables international cash management foremost authorities on payments regulation. She is the Chair of solutions for corporate customers. IBOS operates through its 12 the European Expert
Recommended publications
  • WORLD FINTECH REPORT 2018 Contents 4 Preface
    in collaboration with WORLD FINTECH REPORT 2018 Contents 4 Preface 8 Executive Summary FinTechs Are Redefining the Financial Services Customer Journey 13 Competition and Rising Expectations Spur 14 Customer-Centricity Push – Identify gaps left by traditional Financial Services providers and explore changing customer expectations. Emerging Technologies Enable Customer 19 Journey Transformation – Data and insights are reshaping personalized experiences through automation and distributed ledger technology. Alignment with Customer Goals, Creation of 27 Trust, and Delivery of Digital, Agile, and Efficient Processes Are Catalysts for Success – Firms are driving innovation and operational excellence through agile and digital teams. World FinTech Report 2018 The Symbiotic Relationship between FinTechs and Traditional Financial Institutions 35 FinTech and Incumbent Firms’ Respective 36 Competitive Advantages and Shortcomings Make Collaboration a Logical Fit – A partnership ecosystem of FinTechs, incumbents, and other vendors fosters a win-win for stakeholders. Finding the Right Partners for Collaboration 44 Is Essential – Maintaining and accelerating scale is a common FinTech firm struggle, so the right collaboration partner is critical. Successful Collaboration Requires Commitment 49 and Agility from FinTechs and Incumbents – Selection of the appropriate engagement model boosts FinTech scale-up efforts. The Path Forward: An Impending Role for BigTechs? 60 – BigTechs could have massive impact on the Financial Services industry. Preface Once rather homogenous and somewhat staid, the financial services marketplace has transformed into a dynamic milieu of bar-raising specialists. These new-age professionals are devoted to meeting and exceeding the expectations of consumers who have become accustomed to personalized services from industries such as retail, travel, and electronics. Financial services customers no longer rely on one or two firms.
    [Show full text]
  • Il Modello Predittivo Degli Eventi Futuri Del CRNE - Centro Ricerche Nuove Energie
    Il Modello Predittivo degli Eventi Futuri del CRNE - Centro Ricerche Nuove Energie: Analisi GeoPolitiche, Tecnologiche & Smart City Solution - Advice Service CRNE Science & Business Vision Il CRNE Centro Ricerche Nuove Energie nasce nel 1998, e nel 2015 la “Divisione Ricerca e Sviluppo” ha sviluppato “un modello predittivo degli eventi futuri basato sul censimento delle minacce ponderate”. Si tratta di “un servizio di consulenza sulle aspettative future” unico nel suo genere sul panorama nazionale e internazionale, in cui viene esposto in maniera chiara una visuale precisa degli eventi futuri, che noi riteniamo altamente probabili, sia sul breve, che nel medio, che nel lungo periodo. Il Modello Predittivo degli eventi futuri del CRNE è uno strumento prezioso per quanti vogliono avere una visione moderna e all’avanguardia dell’evoluzione degli eventi, per proteggersi nell’immediato futuro dalle minacce ponderate che abbiamo censito, che sono esposte in forma cronologica nel modello predittivo. Sta alla sensibilità del lettore tenere in considerazione per il proprio futuro quanto riportato in questa relazione. CRNE Science & Business Vision is an Advice Service to Avoid Future’s Systemic Crisis These Are Our Areas of Expertise: Geopolitical Analysis and Solutions - Investment in Work & Residential CRNE Concept Outside Italy, called “Smart City Project”, named “Backup Italy” Advice Service for Human Resources & Capital Money Protection - Scientific and Technological Research - Development Service for Start Up, Patent and Prototype for CRNE’s Smart City - International Financial Analysis & Development Performance’s Strategy for Stock Market CRNE leads the way to the future to the best Italians, Serenity is our goal, Choose to live under CRNE wings&vision.
    [Show full text]
  • Kalifa Review of UK Fintech Kalifa Review of UK Fintech | 1
    Kalifa Review of UK Fintech Kalifa Review of UK Fintech | 1 Contents Preface 2 Foreword 3 Executive Summary 4 Centre for Finance, Innovation and Technology (CFIT) 14 Policy and Regulation 21 Recommendation 1: Create a forward-looking framework that delivers a digital finance package for emerging technology 23 Recommendation 2: Implement the “scale-box” that supports firms focussing on innovative technology to grow 35 Recommendation 3: Secure fintechs position as an integral part of Trade Policy 38 Skills and Talent 40 Recommendation 1: Retraining and upskilling 43 Recommendation 2: Enhanced access to Global Talent 46 Recommendation 3: Underpin skills and grow the pipeline of talent 50 Investment 52 Recommendation 1: R&D, Tax Credits and EIS 55 Recommendation 2: Fintech Growth Fund 59 Recommendation 3: Fintech Public Listings 65 International Attractiveness and Competitiveness 67 Recommendation 1: International Plan of Action 2.0 75 Recommendation 2: Establish CFIT and the International Fintech Taskforce 80 Recommendation 3: Launch an international fintech credential portfolio (FCP) 82 National Connectivity 86 Recommendation 1: Nurture the high growth potential of the top 10 fintech clusters 99 Recommendation 2: Drive national coordination strategy through CFIT 99 Recommendation 3: Increase fintech R&D 100 Annex 101 Kalifa Review of UK Fintech | 2 Preface Fintech is not a niche within financial services. Nor is it a Fintech is about change. It is about new firms and established sub-sector. It is a permanent, technological revolution, that is ones, large companies and small and the roles of both public changing the way we do finance. Its essence is in both fast-growing and private sector.
    [Show full text]
  • Innovalue #Payments
    Innovalue #payments INSIGHT | OPINION Vol 5 • Q4 2013 Quo Vadis Acquiring in Germany Jan Lettow, Associate, Innovalue Acquirers in the German payment market are currently confronted with a set of challenges. These are partly due to a historically challenging business environment and partly due to new developments within the market. The market for acquirers in Germany has always been under pressure due to 1. a strong position of payment methods not relying on a 4-party scheme, 2. a fragmented market with many small acquirers and hence missing economies of scale, 3. low customer loyalty and a perception of acquiring as a commodity which is Interchange Fee) Regulation proposed by the Accordingly, major acquirers are already only differentiated through the price European Commission in July 2013. Especially considering ways to bypass the regulation, and the questionable market intervention to cap e.g. through foreign subsidiaries in order to 4. a low level of innovation and the MIF of cross-border acquirers at 0.2% for be able to offer the reduced MSC as well investments into new products by the debit and 0.3% for credit card transactions (cf. Der Handel, 03.10.2013). The discussions incumbent acquirers. bears the potential to disrupt the acquirer and consultations with regard to the The already strained market environment will landscape. If the regulation is adopted in regulatory package are currently ongoing in become even more burdened as existing its current form, foreign acquirers will have Brussels. According to market opinions, this challenges continue to intensify and new the opportunity to profit from a temporary arbitrary market intervention will not be present challenges will materialize in the near future.
    [Show full text]
  • The Fifty Hottest Fintechs in Europe Game Changer
    The FinTech50 2015 The fifty hottest FinTechs in Europe Game changer. Agiliti™ from Fiserv is a comprehensive, pay-as-you-grow, banking software-as-a-service solution that helps you deliver differentiating experiences for your customers -- quickly and cost effectively. Let us take the worry out of your IT infrastructure, while you do the banking. agiliti-fiserv.com Agiliti from © 2015 Fiserv Inc. or its affiliates. © 2015 Time Inc., used under license. 3 The FinTech50 2015 Game Adyen (9) Insly (17) Algomi (27) InvoiceSharing (17) BehavioSec (15) Ixaris Systems (11) changer. Blockchain (9) Klarna (11) BUX (27) Kreditech (17) Byhiras (15) LendInvest (30) Agiliti™ from Fiserv is a comprehensive, pay-as-you-grow, banking software-as-a-service solution that helps Calastone (28) Mambu (24) you deliver differentiating experiences for your CommuterClub (28) mBank with efigence (25) customers -- quickly and cost effectively. Let us ( ) ( ) take the worry out of your IT infrastructure, Credit Benchmark 16 Merit Software 25 while you do the banking. CrowdCube (28) Nutmeg (31) (10) (18) agiliti-fiserv.com Currency Cloud OpenGamma Cybertill (10) Osper (25) Darwinex (29) Parmenion Capital Partners (31) DueDil (16) Squirrel (31) Earthport (10) Stockomendation (32) Ebury (29) Sybenetix (18) eToro (29) Symetrics (18) The Hot Ten ETRONIKA (23) SynerScope (19) Aire (23) (32) Fidor Group Tink cfinancials Five Degrees (24) TransferWise (12) ClauseMatch Agiliti from FundApps (16) Traxpay (12) Derivitec Essentia Analytics Funding Circle (30) Trunomi (19) Finexkap GoCardless (11) Trustly (12) Finlytics investUP (30) (13) Guidants WoraPay SavingGlobal © 2015 Fiserv Inc. or its affiliates. (24) (13) © 2015 Time Inc., used under license.
    [Show full text]
  • Brochure Potrait
    in collaboration with WORLD FINTECH REPORT 2018 Contents 4 Preface 8 Executive Summary FinTechs Are Redefining the Financial Services Customer Journey 13 Competition and Rising Expectations Spur 14 Customer-Centricity Push – Identify gaps left by traditional Financial Services providers and explore changing customer expectations. Emerging Technologies Enable Customer 19 Journey Transformation – Data and insights are reshaping personalized experiences through automation and distributed ledger technology. Alignment with Customer Goals, Creation of 27 Trust, and Delivery of Digital, Agile, and Efficient Processes Are Catalysts for Success – Firms are driving innovation and operational excellence through agile and digital teams. World FinTech Report 2018 The Symbiotic Relationship between FinTechs and Traditional Financial Institutions 35 FinTech and Incumbent Firms’ Respective 36 Competitive Advantages and Shortcomings Make Collaboration a Logical Fit – A partnership ecosystem of FinTechs, incumbents, and other vendors fosters a win-win for stakeholders. Finding the Right Partners for Collaboration 44 Is Essential – Maintaining and accelerating scale is a common FinTech firm struggle, so the right collaboration partner is critical. Successful Collaboration Requires Commitment 49 and Agility from FinTechs and Incumbents – Selection of the appropriate engagement model boosts FinTech scale-up efforts. The Path Forward: An Impending Role for BigTechs? 60 – BigTechs could have massive impact on the Financial Services industry. Preface Once rather homogenous and somewhat staid, the financial services marketplace has transformed into a dynamic milieu of bar-raising specialists. These new-age professionals are devoted to meeting and exceeding the expectations of consumers who have become accustomed to personalized services from industries such as retail, travel, and electronics. Financial services customers no longer rely on one or two firms.
    [Show full text]
  • Gate Ventures Plc Company Description in Relation To
    GATE VENTURES PLC COMPANY DESCRIPTION IN RELATION TO THE ADMISSION TO TRADING OF THE COMPANY’S SHARES ON NASDAQ FIRST NORTH, COPENHAGEN 14 December 2016 Nasdaq First North is an alternative marketplace operated by an exchange within the NASDAQ group. Companies on Nasdaq First North are not subject to the same rules as companies on the regulated main market. Instead they are subject to a less extensive set of rules and regulations adjusted to small growth companies. The risk in investing in a company on Nasdaq First North may therefore be higher than investing in a company on the main market. All companies with shares traded on Nasdaq First North have a Certified Adviser who monitors that the rules are followed. The Exchange approves the application for admission to trading. CERTIFIED ADVISER 1 CONTENTS Page 1 IMPORTANT INFORMATION 3 2 RISK FACTORS 5 3 THE COMPANY 10 4 BUSINESS STRATEGY AND MARKETS 16 5 MANAGEMENT 17 6 FINANCIAL INFORMATION 25 7 UK TAXATION 26 8 SHARE CAPITAL AND OWNERSHIP STRUCTURE 28 9 ADDITIONAL INFORMATION 34 APPENDIX 1 DEFINED TERMS 37 APPENDIX 2 AUDITED ACCOUNTS TO 30 JUNE 2016 38 2 1. IMPORTANT INFORMATION 1.1 THE COMPANY Gate Ventures Plc Registered in England, number 09376114 Registered Office: No 1 London Bridge London SE1 9BG Principal trading address: 5th floor, 17 Old Park Lane London W1K 1QT Website: http://gateplc.com/en/ 1.2 REASONS FOR APPLICATION FOR ADMISSION TO FIRST NORTH The Company seeks a public market for its Shares in order to satisfy the requirements of existing shareholders and to create the potential for further fund raising.
    [Show full text]
  • Banks Taking a Quantum Leap Through Digital
    9th CII BANKing TECH Summit, 21 April 2015 Chairman’s message p2 / Foreword p3 / PwC outlook 2015 p4 / Digital in the realm of Confederation of Indian Industry banking p7 / Challenges from digital adoption p16 Confederation of Indian Industry Confederation of Indian Industry Confederation of Indian Industry BanksConfederation of Indian Industry taking a quantum leap through digital www.pwc.in Chairman’s message CII’s BANKing TECH Summit is a flagship annual gathering of the Indian banking technology industry, focussing on connecting the dots between business, operations, technology and regulatory dimensions of the sector. The ninth edition of the summit recognises the sweeping magnitude of impact that the digital wave has unleashed in the banking sector, and hence the theme, Banks taking a quantum leap through digital. It has been the constant endeavour of banks to enhance customer experience, improve efficiencies by adopting leaner and cost-effective operations and drive revenue by increasing the depth as well as the spread of customer engagement. The onset of the digital era has opened up a plethora of opportunities as well as challenges to these pursuits. Multiple avenues of interaction such as the internet, mobile, tablets have veered customers away from traditional channels such as branches and ATMs. While this presents a huge potential for improving both the reach as well as the quality of engagement, it also brings up the challenge of delivering a consistent experience to the ‘here and now’ digital age customer across these platforms. While digital channels capture valuable insights, the opportunity of personal interaction is lost, apart from the security risks that these channels potentially introduce.
    [Show full text]
  • Change & Transformation Specialists for the Financial Services Industry
    aps ASSURANCE PROGRAMME SOLUTIONS CHANGE & TRANSFORMATION SPECIALISTS FOR THE FINANCIAL SERVICES INDUSTRY Digital Transformation & Innovation March 2019 APS: Disruption has happened across the board with no signs of stopping Digital spend continues to Startups and FinTechs Everyone (end increase continue to proliferate everything) is constantly connected • c. $2trillion will be spent on • There are now more than 8,000 • 80% of us check the phone Digital Transformation in 2019 - Fintech companies globally – within 15 mins of waking and more than half of this will be on 4000 of these in the UK and US 90% keep it within 3ft of us - day Workplace initiatives and Op (INSEAD) and night (IDC) Model transformation (IDC) • In the UK $1.8bn (£1.3bn) of • Approximately 40m messages/ • Within investment management cash went into Fintechs in 2017, minute sent on What’s App 68% are planning to invest more a rise of more than 150 per cent (WhatsApp) into their websites with 49% on 2016 and a bigger increase • 6.4 billion connected things in planning to spend the same as than either the US or China. 2016, up 30 percent from 2015 on security issues (Kurtosys) with an estimated 20.8 billion by 2020 (Gartner) 2 APS: 4 key trends are driving Organisations to innovate Changing Customer Expectations Today’s customers have completely different expectations set by ‘Silicon Valley’ companies -- they want Flexible Technology and Data access wherever they are, Increased and improved whenever they want and on connectivity of data whatever device (or channel); facilitates real time analytics combined with simplicity, based on accurate data, transparency, engaging and while Cloud and SaaS relevant content; and a greater solutions can enable Asset say over how their money is Managers to build flexible managed.
    [Show full text]
  • Web Fraud Prevention, Security & Digital Identity Market Guide 2013
    WEB FRAUD PREVENTION, SECURITY & DIGITAL IDENTITY MARKET GUIDE 2013 LATEST TRENDS AND INSIGHTS IN SECURING DIGITAL IDENTITIES AND TRANSACTIONS The MRC observed a tremendous shift in e-fraud and e-security trends Building this year. It is therefore important for our merchant members to carry-out a Better Commerce Fraud & Payments Professionals constant review of the techniques, solutions and tools available in the market. We welcome The Web Fraud Prevention, Security & Digital Identity Market Guide 2013 that supports this objective. Nicolas Vedrenne - Managing Director - MRC Europe WEB FRAUD PREVENTION, SECURITY & DIGITAL IDENTITY MARKET GUIDE 2013 LATEST TRENDS AND INSIGHTS IN SECURING DIGITAL IDENTITIES AND TRANSACTIONS Authors Mirela Amariei Tiberiu Avram Ionela Barbuta Simona Cristea Mihaela Mihaila Adriana Screpnic RELEASE | VERSION 1.0 | DECEMBER 2013 | COPYRIGHT © THE PAYPERS BV | ALL RIGHTS RESERVED 2 WEB FRAUD PREVENTION, SECURITY & DIGITAL IDENTITY MARKET GUIDE 2013 INTRODUCTION Introduction You are reading the second edition of the Web Fraud Prevention, where people can buy products and services without ever leaving Security & Digital Identity Market Guide, put together by The their homes, credit cards, with their designs and black stripe on Paypers, the industry-leading provider of news and analyses for the back, have become outmoded (the essence is that the seller the global payments community. does not know the buyer and vice versa not so much that you do not have to leave your home) Web fraud prevention & digital identity – pressing issues for the payments community Furthermore, the key to the future growth of ecommerce and Given the ever increasing importance of ecommerce for the e-business lies in more collaboration between the players in this global economy, online fraud and digital identity have emerged as field, as improving trust on the web is not something one party can pressing issues for the business community and individuals alike - do on its own.
    [Show full text]
  • Purchase Volume Worldwide 2015 Vs. 2025
    FOR 46 YEARS, THE LEADING PUBLICATION COVERING PAYMENT SYSTEMS WORLDWIDE JANUARY 2017 / ISSUE 1102 Acquisitions/Investments in Mobile Payments 2016 There were 34 acquisitions and 57 angel, seed, venture, and strategic investment transactions in mobile payment and mobile Purchase Volume money transfer companies in 26 countries last year. These Worldwide 2015 vs. 2025 ($Tril.) > see p. 10 American Express Results Consumer and commercial credit and prepaid cards issued in the United States by American Express and third parties generated $695.44 billion in purchase volume at merchants in 2016, down > see p. 9 Ingenico Payment Processing for Merchant Bots There are at least 7.22 billion consumer messaging app accounts worldwide on the 10 largest platforms, led by Facebook Messenger (1.10 bil.), WhatsApp (1.10 bil.), WeChat (1.10 bil.), Tencent QQ 4.8 / 9.7 0.4 / 0.7 0.6 / 1.3 3.0 / 7.0 0.3 / 1.1 11.4 / 35.1 up 103% up 84% up 111% up 137% up 264% up 208% > see p. 8 Discover Financial Results U.S. CANADA LATIN EUROPE MIDDLE ASIA- AMERICA EAST/ PACIFIC Credit and prepaid cards carrying the Discover brand generated AFRICA $121.47 billion in purchase volume at merchants in 2016, up 2.5% © 2017 The Nilson Report over the prior year. Cash advances (including balance transfers) of > see p. 8 Neustar Mobile Fraud Fighting Platform Purchase Volume by Global Brand Cards Sales projections indicate that online shopping from mobile — Projected to 2025 devices will be on a par with desktop devices in five years. With General purpose payment cards with global brands — that gain will come a concurrent rise in mobile payment fraud.
    [Show full text]
  • European DIGITAL BANKING CLUB Power 50
    the 2017 European DIGITAL BANKING CLUB Power 50 Power 50 2017.indd 1 09/10/2017 09:45:49 Intelligent Environments, the international provider of digital financial services solutions in association with Retail Banker International, Cards International, Electronic Payments International, Private Banker International, Motor Finance and Credit Strategy publications Join thousands of financial services professionals who have joined The Digital Banking Club to understand the future of mobile and online financial services Join The Club! Membership benefits www.thedigitalbankingclub.com 10% discount for new subscribers/purchasers on: Annual subscriptions to Retail Banker International, Cards @TheDBclub International, Electronic Payments International World Market Intelligence’s archive of over 250 Retail Membership is free Banking and Cards & Payments research reports Or Subscription to the Retail Banking and Cards International Intelligence Centres For more information please email: [email protected] TDBC Adverts - 2017 MG Edit.indd 1 03/10/2017 13:30:53 the 2017 european digital banking club power 50 The judges Douglas Blakey Douglas Blakey is group editor of the consumer finance titles at Verdict, chief of judges for the annual Retail Banker International Awards, and lead market advisor for Verdict’s retail banking research division. Verdict produces and maintains more than 50 market-leading research reports and has undertaken bespoke consultancy projects for banks, vendors and their advisors. Blakey practiced as a solicitor in Scotland before moving into business information and analysis. He maintains an editorial advisory board of leading bank executives, and is a regular guest banking analyst with the BBC, the New Statesman and other leading media outlets. Roy Vella Roy Vella is a mobile financial services expert, advisor and consultant to small and large institutions.
    [Show full text]