From starting in Telco to battling cancer, Simon Taylor, now Head of Content and Strategy at Fintech Brain Food, has witnessed the transformative landscape of UK payments since 2005, including its 2% GDP boost. On the Payments Podium, he'll delve into the double-edged sword of faster payments leading to swifter fraud, the diminished security of push payments compared to cards, and the fading era of checks. He'll highlight the preventative strategy of warning users before transactions, the incoming "Confirmation of Payee" system under PSD3, and Europe's regulatory stronghold. Emphasizing the connection between fraud and data science, he'll shed light on Sardine's capability to detect unusual payment behaviors, especially scams targeting the elderly. With the surge of faster payments, he underlines the significance of strong customer authentication. Simon advocates for a balance in payment speed and security, suggesting that a bit of friction can be beneficial. Join us for an enlightening session on building secure payment networks and the essence of continual learning.

In this enlightening episode of the Payments Podium, we're honored to have the President and CEO of Macha, Mary Gilmiester, joining the Payments Professor. Dive deep into the intricate world of Macha as Mary reveals the essence and vision behind Macha.org. From its foundational principles to its critical role in today's financial landscape, get an inside look at what makes Macha tick. Whether you're in the finance industry, an enthusiast, or simply curious about the digital payment realm, this episode is a goldmine of information. Tune in and discover the transformative impact of Macha in our ever-evolving payment landscape!

In this episode of the Payments Professor Payments Podium Podcast, we welcome guest Paul Thomoalla, discussing the contrasting regulatory landscapes of the U.S. and Europe/UK in the payments sector. We delve into how interventionist regulators in Europe and the UK actively shape the payments ecosystem, focusing on societal benefits and often fast-tracking advancements like faster payments, initiated back in 2006. Paul highlights the evolution and impact of immediate payment plans, which are gaining traction globally, emphasizing their convenience, efficiency, and growth. We also touch upon the significance of confirmation of pay in boosting user confidence and mitigating fraud, leading to widespread adoption, growing at 20% compound annually in the UK. Paul reflects on the challenges and learnings, including addressing fraud issues and ensuring customer reimbursement, offering insights on fostering a conducive environment for the implementation of advanced payment systems to thrive in various regulatory frameworks. Don't miss out on this enlightening conversation filled with experiences, learnings, and the future of immediate payment plans in the global context!

In this riveting episode of Payments Podium, we explore the cutting-edge innovations, trends, and personalities shaping the world of payments. This week, we are thrilled to have Caroline Cypriano, COO & Co-Founder of JJ4Tech, join the Payments Professor to delve into the burgeoning landscape of instant payments in Brazil through the lens of Pix.

As the financial ecosystem continues to evolve at breakneck speed, instant payment systems like Pix have captured the imagination and the market share in Brazil. Caroline Cypriano, a tech-savvy entrepreneur with her finger on the pulse of emerging payment technologies, shares her in-depth insights on how Pix has disrupted traditional banking, impacted SMBs, and offered financial inclusion to millions.

In this enlightening episode, the Payments Professor sits down with Bill Schoch, the dynamic President and CEO of Wespay. They delve deep into the world of payment systems, dissecting the evolving landscape and discussing the significant role Wespay plays in modernizing the payments ecosystem. Whether you're a seasoned professional or new to the industry, this conversation offers insights you won't want to miss!

Introduction to WesPay: Bill Schoch outlines the history and mission of Wespay, highlighting how they are a thought leader in payment strategies, operations, and risk management.

Innovation in Payment Systems: Wespay's influence in shaping secure, efficient, and forward-looking payment systems is discussed at length. Bill shares some success stories and insights into ongoing projects that are revolutionizing the way we transact.

Regulatory and Compliance Aspects: The conversation moves into the complex world of regulations and compliance and how Wespay aids financial institutions in navigating this maze.

Partnerships and Collaboration: Bill Schoch shares his views on the importance of partnerships in enhancing the payments ecosystem, shedding light on some of Wespay's most successful collaborations.

Don't miss this opportunity to hear from one of the industry's most informed and influential figures. Tune in now!

In today's ever-evolving digital landscape, nothing stays constant—especially when it comes to the payments industry. From real-time payments (RTP) to FedNow and advances in customer satisfaction metrics, the financial world is buzzing with innovation. The Payments Professor is delighted to welcome Sarah Owen, a leading expert in the payments and insurance industries, to discuss these fascinating shifts and trends.

Episode Highlights

Current Trends in Payments: Sarah Owen dives into the current trends revolutionizing the payments space, including blockchain technologies, digital currencies, and the omnipresent rise of real-time payments.

FedNow & Insurance Industry: How is the insurance sector benefiting from FedNow and RTP systems? Sarah breaks down the advantages for both consumers and businesses, helping us understand how these technological leaps contribute to smoother, more efficient operations.

Customer Satisfaction: What role does consumer happiness play in shaping payment strategies? Sarah discusses how instant payments are elevating customer satisfaction to new heights, making transactions not just quick, but also more trustworthy.

Emerging Trends: The industry isn't slowing down, and neither should you. Sarah fills us in on the trends you should keep your eyes on, like AI-based fraud detection and payment solutions tailored for the Internet of Things (IoT).

Revenue Opportunities: Last but not least, learn how modern payment solutions not only make life easier but can also open up new revenue streams for businesses.

Tune in to explore these topics and much more as we dissect what the future holds for the payments industry. Whether you're a consumer, a business owner, or just a curious mind, this episode will arm you with the insights you need to navigate the financial waves of the future.

Join us in our latest episode as we delve into the intricacies of the GLBA Safeguards Rule with expert guest Nanci McKenzie We'll break down the pivotal mandates of the GLBA Safeguards Rule and discuss its significance in ensuring the privacy and security of information for organizations. Plus, get insights into the roles of federal agencies, such as the Federal Reserve, NCUA, OCC, SEC, and FDIC, in upholding and enforcing these standards. Don't miss this comprehensive look into the world of data privacy and regulation!

Pam Rodriguez, CEO of Southern Financial Exchange, joins the Pyaments POdium to explain who and what Southern Financial Exchange is and does. From performing risk assessments and audits to providing support and education for electronic payments in multiple states throughout the south, Paym helps explain what a Payments Association is and does.

Join us for an enlightening episode as we sit down with AI expert Dr. Bobby Rohrkemper, Senior Data Scientist in Fraud and Risk Management & AI Champion, to explore the transformative impact of AI on electronic banking. With expertise in AI, Dr. Rohrkemper reveals how AI-powered algorithms streamline banking operations, enhance fraud detection, and improve customer experiences. Don't miss this captivating conversation on the cutting-edge AI advancements reshaping the future of electronic banking!

Want to learn even more?

https://worldline.com/en/home/main-navigation/solutions/financial-institutions/authentication-and-security/fraud-management.html

https://open.spotify.com/show/6Q7yo1f2EpxYalpyJTNssz

https://podcasts.apple.com/gb/podcast/navigating-digital-payments/id1605184060

https://worldline.com/en/home/main-navigation/resources/themes/Innovation.html

In this podcast, we explore the significance of B2B transactions today. Pj discusses supporting 50,000 businesses in 90 countries, facilitating $350-400 billion in global payments. While consumer-to-business transactions will see the earliest impact from real-time payments, PJ believes that smaller B2Bs and complex cross-border payments will adopt the technology later. Real-time payments hold promise for SMBs, providing faster access to funds and improving working capital. PJ also discusses the challenges of reconciling thousands of invoices with lump sum payments and highlights the potential of real-time payments to automate and streamline the procure-to-pay process.