Ronald Wallroth

Simple yet powerful solutions

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Implementing a payment hub can be a "same same but different" experience across markets due to local practices and regulations.  So, we’re exploring each market to get a better understanding, starting with the Netherlands!🌷 Thanks to Huub Wevers, who brings decades of experience in banking and fintech across various countries including the Netherlands, here are some among multiple interesting insights we've gathered: ✔ Companies frequently request handling various types of payments beyond the usual accounts payable. ✔ Cloud-based multitenant solutions are popular because they enable payment hub vendors to offer scalable options. ✔ The setup of typical payment hubs can be likened to a spider at the center of a complex web of systems, banks, entities, and users. ✔ IT is becoming an increasingly important stakeholder in payment hub procurement due to security concerns. And more! Check out our latest article for the details about how payment hubs work in the Netherlands! 👉https://lnkd.in/dc6x2ysa

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🎤 Navigating Data Compliance in SME Lending: Exclusive Interview Back in 2023, we spoke with Marnix de Lange, Head of SaaS at five°degrees, about the critical challenges of data compliance in SME lending. Marnix shared strategies SME lenders use to stay compliant with legal requirements using our core banking solution. Check out his insights on navigating the digital landscape in the full interview 👉 https://lnkd.in/e2XrWwh9 #DataCompliance #SMELending #CoreBanking

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Bank Transfer by Worldline, powered by Worldline’s Account-to-Account Payments solution, is now available in the Netherlands.   Ideal for businesses managing invoices or high-value transactions in specialty retail, the public sector, and B2B payments, our solution enables merchants to offer a seamless and secure payment experience that traditional methods typically cannot accommodate in such scenarios. With access to approximately 300 million eligible customers, Bank Transfer by Worldline will be available in 14 countries by the end of 2024. Now, it's fully integrated into the online payment solutions and pay-by-link services of around 500 existing Worldline merchants.   Read more about it here: https://lnkd.in/e2yr4ias   #BankTransfer #Fintech #PaymentsInnovation #BusinessSolutions #MerchantServices

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Read about some of the biggest additions to our Clearing House Payments solution in this latest blog straight from the desk of Payments Product Manager, Rinske van der Bijl: https://lnkd.in/ds4dBtf5 #ModernisedPayments #PaymentsTechnology #Payments

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💥 Make sure to catch this webinar on Verification of Payee with Paylume, SurePay, Betaalvereniging Nederland (Dutch Payments Association), and Swan! We'll cover the basics on how your organisation can comply with the instant payments regulation and take a dive into the implications for banking-as-a-service!

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Yesterday another European Women Payments Network (EWPN) meetup of #payments #femtech and male supporting crew Betaalvereniging Nederland (Dutch Payments Association) - thank you Gijs Boudewijn. Good panel session on #b2bpayments with Worldpay, PayPal, Mastercard and ING Nederland. Interesting how the champions of user experience and speed enter the more complex b2b space. And how banks now have the opportunity to go from mere payment (type... why does anyone want to know which rail your payment runs on?) to full 'best route transaction'. Always the optimist and passionate lover of the b2b space, the PSPs can do so much for the SMEs and banks can really move towards a full circle service offering rather than siloed products. Sure we can moan about the pace of change, but do clients always move so much faster??? Banks, brace yourself and claw back the client, embed services around invoicing, receivables, liquidity, cash forecasting and forex in your 'channel' - read: relationship. PSPs can offer a lot of instant insight in payments and receivables by going swiftly deeper with data driven dashboard for the SME, who - by the way- are not a 'segment', but the backbone of our economy. Investment money is focused on the b2b space, find your niche and go for it! And always remember, the Dutch - very happy, satisfied market - is one of the hardest to crack with innovation, efficiency is beating you to it. And as such therefore a great testbed for those who dare. Thank you Ceren Danis, Saskia van Loon, Heval Deliktaş, Tanya Pineault, Silvia Mensdorff-Pouilly and team European Women Payments Network (EWPN)

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We are pleased to announce that Worldline signed a partnership agreement with the leading risk consultancy firm in the Netherlands #RiskQuest BV, part of the #Zanders Group, to provide best-in-class credit check processes specific to the Dutch market. Worldline and RiskQuest will join forces to create an open banking-based credit analysis that is adapted to the unique needs of the Dutch market and is available in a single API. This provides a huge advantage as it eliminates the need for multiple connections and multiple formats from and towards many banks. This means that customers can connect to 3,500+ banks in 20 European countries through a single API connection. Read more: https://bit.ly/3vPbeR1 #OpenBanking #payments #Worldline, Xavier Schut, Sven de Man

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🎙️ Voices in Payments: Exploring the Future of Mortgages with AI and Digital Innovation. This time, we welcomed Geert Van Kerckhoven, Co-Founder and CEO of Oper Credits, to explore the intersection of payments, open banking, and digital transformation within the mortgage industry. Geert shares eye-opening insights on: -The game-changing role of AI in automating loan approvals, credit scoring, and creating a faster, more transparent experience for borrowers. -Open Banking’s potential to streamline data collection, eliminating manual document checks by securely accessing financial information straight from the source. -How data-rich payment providers can support mortgage processes, enabling smoother property transactions, renovation payments, and more seamless borrower experiences. Whether you're in fintech, payments, or just passionate about innovation, this episode explores how cutting-edge tech can reshape even the most traditional aspects of financial services. Listen Now 👉 https://lnkd.in/das9qRzD #Payments #Fintech #OpenBanking #AI #DigitalTransformation #MortgageTech #Innovation #Consulting #Podcast #VoicesInPayments

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Great discussion on #payments and #valuepropositions to customers and merchants with Patricia Battenberg from Worldline, Martina Weimert from EPI Company, Robert Bueninck from Unzer and me at Handelsblatt #Banking summit in Frankfurt. #hbbanken Moderation by Elisabeth Atzler #digitaleuro / #CBDC, #wero, and the other 11 interoperable EMPSA national payment methods need to collaborate and become interoperable in order to be able to compete and win against intl. payment methods. If tried alone / against the other european payment initiatives, there is a significant likelihood that we will never see a sovereign pan-european digital retail payment method.

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More consolidation in payments: US giant Fiserv is buying CCV, the Dutch POS payment provider. CCV is a family business, established in the 1950’s, with approaching 1 million terminals under management. It is not in the Public Interest for there to be further consolidation in the payments sector. In a very fluid - and increasingly unsettled - international situation, national security and public good must take precedence over the commercial imperatives of multi $Billion corporates with global ambitions. Norway and Sweden are two nations which have recently turned their backs on “cashless”, primarily because of national security concerns. Whilst there are many unmatchable qualities of cash that make it vital that it is readily available and accepted in every country, it is important that nation states also have a measure of control over alternative payment methods. That should be the prime consideration in the approval -or otherwise - of any future deals which could lead to further consolidation in payments.

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📢 I am proud to announce that Worldline has signed a contract with GarantiBBVA International N.V. to implement its cloud-based instant payments solution. 👏 The collaboration between Worldline and GarantiBBVA International N.V. is a significant stride towards digital transformation. By implementing a cloud-based instant payments solution, GarantiBBVA International is not only ensuring compliance with EU Instant Payments regulations but also enhancing operational efficiency. This partnership underscores the importance of adapting to industry standards, especially for mid-size banks with distinct needs. Worldline's tailored solution is a testament to the evolving landscape of banking, emphasizing the value of streamlined processes and technological advancements in the financial sector. Read the PR for more information #payments #Worldline #instantpayments

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🚨 Last week, both First Data Corporation and CCV Group submitted a request to the Netherlands Authority for Consumers and Markets (ACM) for approval for the takeover of CCV by First Data. This potential acquisition could represent a major shift in the payments industry, given the importance of the POS payment terminals that CCV manages in the Netherlands. Fiserv, the parent company of First Data, is a publicly traded American company with a strong position in the global financial technology market. The company focuses on a broad range of payment services, with a focus on payment processing and merchant acquiring—a service through which the company enables merchants to accept payments via debit and credit cards. Through its subsidiary European Merchant Services (EMS), Fiserv already has a foothold in the Netherlands, where it focuses on providing POS payment terminals to a limited extent. If approved, the acquisition of CCV could significantly strengthen Fiserv’s position in this market. Source/more info: https://lnkd.in/dqDA6Vgd Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ] 

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The Dutch may not only been known for their "straightforward" attitude and windmills in the near future! Mobile payments.. are on the rise, as a report by the Betaalvereniging Nederland (Dutch Payments Association) and De Nederlandsche Bank, revealed how Dutch consumers are transforming their payment habits: 🚀 Surge in POS Payments Dutch consumers made a staggering 7 billion POS payments in 2023, worth over €171 billion. This marks a 6% increase in transactions and a 4% rise in value from 2022. Cash or card, spending is on the rise! 📱 Contactless Dominance The future is contactless! With nearly 7% more card and device payments, totaling 5.6 billion transactions, the convenience of tapping to pay has never been more popular. 💸 The Cash Comeback Cash isn't dead yet! Despite the digital wave, cash payments surged by 6% in volume and 8% in value, totaling €26.5 billion. Old habits die hard! 📈 Contactless Revolution Over 4 in 10 payments were contactless, and smartphone/smartwatch payments jumped to 29%. Could this become the top payment method in 2024? The trend says yes! 👥 Demographic Trends The elderly and lower-income groups still favor cash, but a surprising shift sees 19-24-year-olds increasingly embracing card and device payments. Youth leading the charge towards digital? 🏪 Sector Snapshots Cash reigns supreme in street vending (57%), services (47%), and food & beverages (36%). Yet, petrol stations are witnessing a contactless takeover, jumping from 38% to 48%. 🔥 Inflation Impact While transaction values rose slower compared to 2022, inflation dynamics played a key role. 2023's growth, though tempered, still reflects a robust spending landscape. Businesses and financial institutions must adapt to these evolving trends to stay ahead. The payment landscape is rapidly transforming—are you keeping up? 😎 #PaymentRevolution #FintechTrends #ContactlessPayment #CashComeback #ConsumerBehavior #DigitalShift #Netherlands

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OBL CEO, Henk Van Hulle welcomes the publication of the Joint Regulatory Oversight Committee’s report on the design of the Future Entity. He explains that the report provides clarity and direction for the future of open banking and stresses the importance of continued collaboration across all stakeholders if we are to maintain momentum in the market. Read full article >> https://lnkd.in/gYajxtZA #openbanking #openfinance #smartdata

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🚨EU Banking Alert: What You Must Know for 2025!🚨 Diederik Bruggink, Head of the Department of Payments, Digital Finance, and Innovation at the European Savings and Retail Banking Group (WSBI-ESBG), will be speaking at #BANCEE24 this November in Budapest. In his keynote, Diederik will provide valuable insights into the key EU banking regulations that will impact the industry in 2025 and beyond. 🚨 As the regulatory environment continues to evolve, banks must stay ahead of the latest changes. During his presentation, Diederik will cover critical topics, including: ✅ The Digital Euro – friend or foe? ✅ The future of instant payments in euro ✅ Financial data access and what it means for retail banks ✅ The Savings and Investment Union: risks, opportunities, and its impact on the market ✅ Simplifying administrative and reporting burdens ✅ The role of Sustainable Finance and upcoming regulatory changes 👥 This is a must-attend session for banking professionals looking to stay competitive and compliant as the EU banking landscape shifts. 📅 Join us in Budapest on 7-8 November for BANCEE24, where you’ll gain expert knowledge on how to navigate the regulatory changes shaping the future of European banking. 👉 Register now to secure your spot! 🔗 https://www.bancee.eu/

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New Blog Alert: Exploring Payment Hubs in the Netherlands! 🇳🇱💶 Are you looking to optimize your treasury operations? Discover how Payment Hubs are transforming the landscape in the Netherlands, offering streamlined, efficient, and secure ways to manage payments across multiple banks and currencies. In our latest blog, written by our partner Nomentia featuring Huub Wevers we dive into: ✅ What Payment Hubs are and why they matter ✅ Key benefits for treasurers and finance professionals ✅ How Dutch companies are leveraging these solutions to stay ahead Don't miss out on learning how to take your treasury management to the next level! Check out the full article here: https://lnkd.in/e28GaB7s #TreasuryManagement #PaymentHubs #FinanceInnovation #Netherlands #TreasuryCommunity

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