Virtual Accounts: The Good, the Bad, and the Fuzzy

Virtual bank accounts (VBAs), or rather the idea of virtual bank accounts, has been trending for many years now, with major global banks heavily investing and preaching to convert their customers. But are virtual bank accounts really the miracle solution that treasurers across the world have been waiting for? And if so, why is the current adoption rate still so low?

More mobile, more digital: an outline of the future of payments

The pandemic has demonstrated the value of mobile payment solutions in helping mitigate the risk of virus transmission at points of sale. For Mélina Le Sauze, Director at Redbridge, the challenge for every retailer is no longer whether or not to accept mobile payment solutions, but to determine without delay which ones are best suited to their business and the needs of their customers.

“We are ready to implement the 3DS V2 standard in early 2021,” Olivier Brou – SMCP

At the end of 2015, the SMCP group – Sandro, Maje, Claudie Pierlot and De Fursac – decided to migrate its e-commerce platforms to a full-service PSP solution. Olivier Brou, SMCP’s Global Head of Treasury Financing and Digital Payments, outlines the foundations of the group’s unified digital payment strategy and the challenges it’s likely to face in the future.

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