UK postpones implementation of Strong Customer Authentication
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.
The SEPA Request-to-Pay explained
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.
A Guide to Payment Methods in Latin America
Learn the top payment methods in Latin America and the things to consider before expanding your business into this growing market.
ESG financing: growing pressure to set more stringent targets in sustainable-linked loans and bonds
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.
The impact of Brexit on card acceptance costs
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.
Europe sets the course for the retail payments of tomorrow
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.
Farewell 2020: a look back at our best articles
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.
Transitions in the global payments market
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.
“Large card networks remain essential elements of the pipeline, but they have not moved much as yet.” Charles Lutran – Critéo
Interview with Charles Lutran, Group Treasurer at Criteo
For vendors, the implementation of SCT Inst is not so simple
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.
Phygital payment – “Cash is e-king!”
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.
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.
“The COVID-19 crisis validated our payment strategy”, Michel Yvon – Decathlon International
Michel Yvon, head of payments at Decathlon International, presents the innovative payment strategy of Europe’s N°1 sports retailer.
“We want to connect the various real-time payment systems around the world”, Isabelle Olivier – SWIFT
For SWIFT’s head of payment initiatives, connecting the various real-time payment systems is a way to achieve greater transparency in cross-border transfers. Interview with Isabelle Olivier.