Lionel Grosclaude

💥 Banfico supports the Verification of Payee (#VoP) compliance for the European Instant Payments regulation (#IPR) mandate. Our #RVM solution is #live in production & is the first of a kind to support VoP interoperability in the market. Banfico also provides a central directory where the discovery of the responding PSP is identified through the IBAN-> BIC code conversion. #RVM is the framework in line with the European Payments Council (EPC) #VoP scheme that will allow the PSPs to route the VoP requests to the responding PSPs who are members of other schemes. Contact us for a demo at [email protected] & find the details of our solution at https://lnkd.in/g_YSmq_E #ConfirmationOfPayee #VerificationOfPayee #AuthorisedPushPayment #APPfraud #SocialEngineeredFraud #CoP #VoP #RVM #EPCvop #NPCcop #IBANnameCheck #IBANcheck

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📢 New APP reimbursement threshold lowered! 📢   The Payment Systems Regulator has recently confirmed to reduce the maximum limit on APP fraud reimbursement limit from £415k to £85k, aligning with the Financial Services Compensation Scheme protection cap! The PSR’s requirements will provide world-leading protections to people who fall victim to scams – with over 99% of APP claims covered by the reimbursement cap. The PSR emphasises that this policy will balance consumer protection, incentivise fraud prevention, maintain market competition and encourage consumer responsibility 👊 However, the challenges that may arise include: ❌ The potential for increased scams as it makes it attractive for scammers to target victims for larger amounts ❌Smaller firms may not have the resources to absorb the large losses ❌ If firms are no longer held accountable for significant losses due to fraud, their motivation to prevent it will decrease. This could lead to increased financial harm to consumers and more successful scamming What are your thoughts around the lowered threshold policy coming into play next week? #FLS #Fraudfighters #FraudAwareness #financialcrime #FraudControl #FraudInvestigation #FraudProtection #FraudLeadersSummit #FraudSummit #industryevents

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🚀 QUANTEEC and Orange Wholesale join forces at #IBC2024! 🚀 Orange Wholesale and QUANTEEC are offering a joint solution at #IBC2024, combining the reach and reliability of Orange Wholesale’s CDN infrastructure with QUANTEEC’s cutting-edge, energy-efficient P2P technology. 🔸 Unmatched scalability: Orange Wholesale's robust and global CDN infrastructure with a specific focus on Europe and Africa, optimized by QUANTEEC’s P2P technology, ensures smooth management of traffic peaks and optimal quality for every viewer. 🔹 Sustainability at its core: By integrating QUANTEEC's green technology, this partnership improves performance, avoids traffic congestion, and significantly reduces energy consumption, promoting sustainable streaming solutions. Meet us at #IBC2024 and discover how this collaboration is revolutionizing content distribution! #QUANTEEC #Orange #OrangeWholesale #Streaming #Sustainability #P2P #OTT #CDN #Innovation #Greentech #GreenStreaming

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UK Payment Orchestrator BR-DGE Unleashes White-Label Modular Solution, Empowering Acquirers, Gateways & Platforms with New Competitive Strengths Thomas Gillan, CEO of BR-DGE, says: “BR-DGE was built to address payments pain and to be a technology anchor-point in a fast-changing and complex landscape where multiple acquiring relationships are the norm. Our success in fixing tech issues across the payment ecosystem proved to us that there is urgent demand for a white-label solution that lets payment providers and merchants pick and plug in individual payment and service options without having to change their existing relationships. Payment providers, who are already struggling to remain relevant and differentiate from competitors, can now use our white-label payment orchestration solution to seamlessly integrate with their existing infrastructure, adapt to growing transaction volumes, and meet diverse merchant and customer needs across multiple industries and regions. “Being completely independent and vendor-agnostic means we are trusted by a strong enterprise customer base to deliver best-in-market technology to suit the unique and divergent needs of businesses, wherever they are in the payments value chain. That’s why we’ve created a real 360-degree offering that enables them to customise, compete and own the customer via cutting edge technology in an increasingly modular and fragmented payments landscape – all through one simple integration and entry point with BR-DGE.” https://lnkd.in/ds7VkTkE #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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Fabrick Publishes Report on Embedded Finance Trends in Europe Reflecting on the findings, Paolo Zaccardi, CEO of Fabrick, noted: “We are pleased to see strong market validation for our focus on End-to-End payment solutions. We strive to become a reference point for innovation at a pan-European level, meeting current demands and anticipating future needs in the Embedded Finance sector. This research confirms the industry’s shift towards integrated financial services. The trajectory of Fabrick’s journey shows that Embedded Finance in B2B projects effectively addresses players’ needs in managing payment flows and for invoice reconciliation. As such, we have concluded that embedded finance enables companies in any sector to integrate financial solutions via APIs, allowing them to offer payment, banking, and insurance services without the need for proprietary financial infrastructure.” https://lnkd.in/eCHM_mZZ #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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Payments Orchestration Software Market Overview Analysis, Trends, Share, Size, Type & Future Forecast to 2033 https://lnkd.in/dFMUNYVf The Payments Orchestration Software Market refers to the industry focused on providing software solutions that streamline, manage, and optimize the payment processes for businesses. These platforms act as intermediaries between merchants and various payment providers, offering a unified interface to integrate multiple payment gateways, fraud prevention tools, and analytics solutions, enabling seamless payment management. Payment orchestration software helps businesses optimize their payment strategies by integrating multiple payment methods and service providers into a single platform. These solutions are designed to reduce transaction failures, enhance the customer payment experience, and provide greater flexibility and control over payment processing. It is particularly beneficial for large enterprises and e-commerce platforms that operate in multiple countries and need to support various payment methods. Key Drivers: Rise in E-commerce and Digital Payments: With the growth of e-commerce, digital payment volumes have increased significantly, prompting businesses to adopt payment orchestration software to manage and streamline these transactions. Demand for Multi-Payment Support: As consumers use a variety of payment methods (credit cards, mobile wallets, bank transfers), businesses are seeking solutions that allow them to easily integrate and manage multiple payment options. Cost Efficiency: Payment orchestration software helps reduce costs by enabling merchants to route transactions through the most cost-effective payment provider, helping them save on processing fees. Global Expansion: For businesses operating in multiple countries, the ability to integrate with local payment providers and ensure regulatory compliance is critical. Payment orchestration software facilitates this by providing access to global payment methods. Need for Improved Customer Experience: The software enhances the customer experience by providing faster, more reliable payment processing, reducing transaction failures, and offering localized payment methods that suit customer preferences. Market Trends: Focus on Security and Fraud Prevention: Payment orchestration platforms increasingly integrate fraud detection and prevention tools to protect against cyber threats, chargebacks, and fraudulent transactions. AI and Machine Learning: Many payment orchestration platforms are incorporating AI and machine learning to enhance transaction routing, risk management, and personalized payment experiences. Cross-border Payment Support: With the globalization of e-commerce, there’s growing demand for platforms that can support cross-border payments, offering multiple currency options, localized payment methods, and compliance with international regulations. Altern

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In ROCCO's latest eSIM Strategy Report, we asked mobile operators about their concerns with consumer eSIM for Outbound Roaming. For 63% of respondents, the main concern is the decline in Roaming revenues, followed by security concerns (50% of respondents). To a lesser extent, operators cited the decline of the point-of-sale relationship with subscribers and the decline in ARPU due to price transparency and increased competition (25% of responses each). Only 13% of respondent MNOs indicated that managing subscriptions was a concern. ROCCO's eSIM Strategy Report provides a comprehensive view, drawing insights from 126 MNOs in 85 countries, as well as eSIM industry players such as eSIM Go, Keepgo, Monty Mobile, Redtea Mobile and Valid. This report is a guide for MNOs who want to be better informed about how they can benefit from eSIM and what their operator counterparts are experiencing with eSIM. Vendors can also better understand the operator's perspective and explore what other eSIM vendors are doing. You can get more information about this publication at https://lnkd.in/dgGQjJ-g #eSIM #ROCCO #Roaming

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Swiping for credit card transactions isn’t just outdated—it can add to your merchant fees! Find out more about the EMV chip and how the way a payment is processed can affect your bottom line. Read now: https://lnkd.in/eN7U42Ba #magneticstripes #emv #emvcards #creditcards #creditcardprocessing

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Read out our latest blog on Detailed Guide to Wireless Credit Card Processing: How Do They Work? https://lnkd.in/ggb-eW8A #creditcardprocessing #topcreditcardprocessors #creditcardprocessors #creditcardpaymentsolution

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NEWS: EMVCo has launched an interactive white paper to help banks, solution providers and merchants to optimise the EMV® 3-D Secure (EMV 3DS) #payment authentication experience. 🛒 The new online resource demonstrates how EMV #3DS solutions can better support key use cases including frictionless authentication, out-of-band authentication, and recurring and instalment transactions.  Learn more: https://bit.ly/4eEr0iF

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Great article by Mobilise Thank you for the summary and key statistics. #esim https://lnkd.in/eZdUBKsX While the support for the eSIM-enabled smartphone is growing, current consumer adoption and awareness is till very low, led by the fact only 15% of smart phones are eSIM enabled. At Plan B eSIM, we cater to 85% of consumers with non-eSIM devices, offering seamless global communication and data access. Additionally, we provide fully customizable white label SIM card solutions for travel SIM providers, MVNO/MNOs and Telcos, enabling them to scale efficiently with cost savings and superior product quality. "As of 2023, there are approximately 5.5 billion smartphones that are not eSIM-enabled. This estimate is derived from the total number of smartphones worldwide, which exceeds 6.5 billion, and the 986 million eSIM-capable smartphones currently available in the market. Thus, the percentage of smartphones that are not eSIM-enabled is about 85%." #esim hashtag #planbesim Plan B eSIM Mobilise

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New blog post: Top Banks Providing Payment Services for PSPs: Payment Service Providers (PSPs) rely on robust banking partners to offer secure and efficient electronic transactions. Our latest article highlights some of the top banks that provide essential payment services to PSPs, enabling them to serve businesses and consumers effectively. Major banks supporting PSPs: 1. HSBC - Services: Cross-border payments, currency conversion, risk management. - Why it Matters: Known for its international presence, HSBC supports PSPs with global payment solutions. 2. U.S. Bancorp - Services: Merchant services, payment processing, fraud prevention tools. - Why It Matters: Offers a variety of financial services tailored to the needs of PSPs. 3. Santander - Services: Payment gateways, cross-border payment solutions, global network access. - Why It Matters: Provides comprehensive payment services, facilitating international transactions. Partnering with established banks is crucial for PSPs to navigate regulatory compliance, access payment networks, and build trust with their clients. These banks provide the necessary infrastructure and services to help PSPs thrive in the competitive payments landscape. 👉 Read our full blog post to learn more about these major banks and how they support PSPs in delivering top-notch payment services. Which banking partners do you think are essential for PSPs? #PaymentServiceProviders #Fintech #Banking #DigitalPayments #GlobalFinance #BusinessGrowth

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📢 Big News: Invenco by GVR's iNFX EPS is now certified with the Moneris payment network! “One of the primary reasons to consider a stand-alone EPS offering is the flexibility created by its hardware agnostic approach,” said Dan Harrell, Chief Innovation Officer of Invenco by GVR. Now, with Moneris certification, that flexibility is ready to deploy in Canada! This certification opens doors for Invenco by GVR to deliver its advanced payment solutions to a wider audience in Canada. Moneris, after all, is the Canadian leader in payments, supporting over 325,000 merchant locations nationwide! What does this mean for Canadian c-store retailers? 1. Reduced Integration and Compliance Costs 2. Enhanced Flexibility 3. Streamlined Operations It's time for faster transactions, easier integrations, and a more agile payment experience. For more info, checkout the link https://lnkd.in/e7_fm9w5 #Moneris #InvencobyGVR #iNFX

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treXis Launches Suite of Digital Banking Solutions to Restore Financial Institution Control Over Core Systems, Prepare for Open Banking “Financial institutions cannot hope to build an open banking future on the fragmented systems and outdated infrastructure of the past,” says Hendrik T., CEO, of treXis. “For the past 15 years, our software engineering teams have collaborated with financial institutions to develop bespoke solutions for their most complex integration and data provisioning challenges. We have now distilled this extensive institutional knowledge into the industry’s first fully modular solution suite, designed to deliver digital banking transformation with speed and scale.”   https://lnkd.in/eJGu3s9t Dylan Shaver #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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