The world of payments is in a permanent evolution but some changes are bigger than others. In today’s environment, where commercial exchanges are globalized, payment transactions are tremendously varied, numerous and complex. To tackle this point, the payment industry is preparing itself for the largest migration of the century: the migration to ISO20022.
Gabriel Lucas, associate at Redbridge, takes a closer look at the basic elements of chargebacks, the standard chargeback process, and the ways merchants can mitigate chargeback risks and reduce their losses.
On May 20, the UK’s Financial Conduct Authority (FCA) announced a six-month extension to the deadline for implementing Strong Customer Authentication (SCA) for online purchases.
All SEPA countries introduced the SEPA Request-to-Pay (SRTP) scheme on 15 June 2021. This scheme covers the set of operating rules and technical elements (including messages) that enable a payee to request the initiation of a payment from a payer in a wide range of physical or online use cases. Mélina Le Sauze, Director at Redbridge, explains the scheme.
Learn the top payment methods in Latin America and the things to consider before expanding your business into this growing market.
Negotiations between borrowers and lenders on KPIs associated with sustainable financing reflect the growing pressure from authorities on both banks and institutional investors to act to shape a more responsible society.
Since 2007 the EU has had a single payments market, with common rules and limits on card fees. As a result of Brexit, the UK no longer comes under EU regulations, and both card schemes and card issuers are free to increase the fees they charge on card transactions between the European Economic Area (EEA) and the UK, and on domestic transactions in the UK. Higher charges could represent a significant burden for merchants at a time when the retail sector is facing unprecedented pressure.
In September 2020, the European Commission identified its priorities for retail payments in Europe for the next four years. Analysis by Mélina Le Sauze, Director – Treasury Advisory.
As we bid farewell to what was a year like no other, we look back at some of our articles from last year that provided our innovative points of view on matters related to finance and treasury.
The world often appears large and disconnected, with differences of religion, culture, language and currency that reinforce our independence. Despite these perceived differences, we are, in reality, linked closely together. Our points of connectivity expand with each technological advancement –write Justin DiCioccio, Redbridge Senior Analyst, and Constance Veron, Redbridge Associate Director.
Interview with Charles Lutran, Group Treasurer at Criteo
Redbridge interviewed seven treasury software vendors on how their payment systems need to evolve in order to integrate instant transfers. Solenn Le Lay, Director at Redbridge, focuses on the challenges of providing this new payment method for businesses.
In Europe, several companies are developing a strategy to integrate cash as a payment method for online transactions. A review of these solutions by Gabriel Lucas, Associate Director at Redbridge.
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.
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.
