Payments Beats

In this episode, Dean Sheaffer, Commercial Director at Payments Consulting Network and Matthew Steinbrecher, Vice President at Reach, explore merchant payment acceptance at a high and general level.

Learn what merchants need to consider with their payment acceptance framework. This includes streamlining authorisations and managing payment expenses to improve the customer experience, along with addressing the costs associated with fraud or chargebacks for the company.

In this episode of the Payment Beats Podcast, David Hensley (PCN) and David Fagleman (PCN) are joined by Jeremy Light, Chairman and Co-Founder of pingNpay, a low-cost payments network for micro-payments to power Web 3.0 and metaverse business models. The episode taps into Jeremy's deep experience of payments to understand what the metaverse means for payments and the potential impacts for businesses, consumers and governments. We look at the challenges and opportunities that this new technology presents and what it means for the future of payments.

Cross Border Payments are looking at a big set of changes in the coming months/years. Legacy architecture, protocols, currencies are going to be altered. Fintech, the emergence of CBDCs and digital currencies and the trending de-dollarization discussions - they all are playing a role that the entire eco-system in the payments world is paying a lot of close attention to. The impact is sector agnostic; and it will push for more involvement from agile fintech companies like KVB, which offer essential solutions to meet CX and UX requirements. Additionally, the ecosystem is adapting to establish optimal business-to-business partnerships for providing these solutions to consumers. Joining us in this week's episode are Byron Hsu and Mark Li from KVB.

In this episode, Deborah Baxley, Director, Payments Consulting Network and Andrew Gomez, Director, Lipis Advisors discuss the rising threat of faster payments fraud. Andrew has done a lot of research on faster payments fraud trends around the world. He highlights the challenge, shares common fraud schemes, and provides practical strategies. Listeners will gain valuable insights from success stories of organizations effectively combating this type of fraud.

Welcome to our podcast on ISO 20022 Implementation, where we bring together PCN industry experts from Australia, USA and The Netherlands to discuss the global adoption of this vital financial messaging standard. Join us as we delve into the significance of ISO 20022, its impact on cross-border harmonisation, migration strategies, and the future outlook for the financial industry.

Read our BIS submission – PCN Review of ISO 20022 Harmonisation Requirements here.