Milan Pede’s Post

Regulation is often viewed as a burden, rarely as a source of competitive advantage. Yet, the EU's PSD2 Directive defied this perception, paving the way for non-bank players to disrupt the finance industry and drive innovation in #fintech. Thomas Bayart, fintech expert and long-time #ambassador for DigiTribe, believes that Europe may be on the cusp of turning the tide in the fintech space. In this blog, he identifies several promising innovations that are emerging across Europe, from #instantpayments, Buy Now, Pay Later (#BNPL) to hyperpersonalization with the unavoidable #AI. ⤵️

The PSD2 Directive flipped the script on regulation, showing that it can be a catalyst for innovation rather than just a barrier. Now, Europe is at the forefront of a fintech transformation, with exciting trends like #instantpayments, #BNPL, and virtual and one-time payment cards. 🎙️ In DigiTribe’s latest blog, fintech thought leader Thomas Bayart shares his expert insights into how regulation and innovation are evolving together in the finance sector. How do you see regulation driving innovation in your field? #FintechInnovation #DigitalPayments #PSD2 #RegTech #FutureOfFinance #FinancialInclusion #InnovationThroughRegulation #PaymentTrends #BNPL #InstantPayments #DigitalTransformation #OneTimePayments #VirtualCards #OpenBanking

AI, embedded finance, or payments: Which FinTech trend will define 2025?: As the FinTech industry marches into 2025, its trajectory is shaped by a convergence of innovation, consumer expectations, and regulatory ... #finpeform #fintech

We love fintech because it’s involved in most of our daily interactions and transactions - and it evolves every day to bring more innovation. What can we expect to see in fintech in the near future? Keiser University shares 5 trends for 2024: 💡 It will assist with anti-money laundering (good news for countries trying to get off FATF’s grey list 😉) 💡 AI will bring more natural language into banking and payments 🗣️ 💡 Biometrics-protected digital wallets will become widely useful (beyond just tapping your phone at the point of sale) 👀 💡 Embedded payment solutions will become even more personalised 💡 Open APIs will bring even more innovation 💡 https://lnkd.in/etwXDEWV #fintech #directtransact #transactions #banking #payments #fintechtrends #biometrics #keiseruniversity 

Fintech Payments – In the rapidly evolving landscape of financial technology, the realm of payment methods continues to undergo transformative changes, driven by technological advancements and shifting consumer preferences. From traditional card payments to cutting-edge biometric and IoT-based transactions, the array of payment options available today reflects a convergence of innovation and convenience. At AILabPage, we understand the significance of this evolution and are excited to explore its implications for the future of finance. In this article, let’s delve into the diverse spectrum of payment methods in fintech, examining their characteristics, use cases, and underlying infrastructure. #AILabPage #FinTech #Payments

Disruptive Innovation In The Fintech Industry: When a bank that that only exists in the virtual world allows P2p transactions, offers contactless physical cards, virtual cards, allows payment without transaction fees and gives cashback to users_ the financial world is quick to notice. And notice Opay they did. Opay is one of the digital-only banks fighting for customer space in terms of money and membership. It is joined by Palmpay, Moniepoint, Kuda, and the aptly named Carbon among dozen others. Digital-only banks have a lot going for them: there’s no need to spend one moment to visit any brick-and-mortar bank, no lines to test your patience, and no agonizing paperwork to deal with. And they’re growing in numbers and revenue all over the world (Global Market Insights, 2019). Also, you can reset pins at the comfort of your home, snap-a-pic bill payment, access convenient expense management tools and quick balance review features, and get real-time analytics when you use digital-only banks. Don’t rush to register into any of these fintech disruptors, however. Consider that like other businesses, they have their own drawbacks: they’re bound to be prime targets of the financial fraudsters lurking all over the internet. In an age when financial fraud is the leading internet crime worldwide, this should weigh heavily on your decision. Digital-only banks might be superbly cheaper and more convenient but what happens to customers when they ran into problems and can’t seem to settle everything online? In traditional banking, customers can at least force themselves to get out of their homes and storm the nearest bank branch to settle matters. Here the solution is in partnership with traditional banks, where customers can shift to traditional and digital banks at their convenience. How firmly digital-only banks fix themselves on the financial market will decide if they’re just a passing fad or something that would become an absolute necessity for generations to come. Considering that the digital transformation still has to peak, digital-only banks have ample time to correct their sails and land squarely on terra firma. #digitalbanking #fintech #Opay #Virtual

The Fintech Frontier: How Digital Wallets Are Changing Payments From bartering to cash to digital options, the way people pay for things has changed substantially over time. Innovation in financial technology, also known as fintech, is transforming the payment industry. #fintech #digital #wallet #payment #industry #technology #innovation

Last week we reviewed the report from https://lnkd.in/ewMRF2eE Here are the key takeaways: 1. Redirecting Investment in Fintech: The majority of the Jury (68%) notes a reallocation of investment from the payments business to other fintech sub-sectors – investors are looking for less risky and more promising areas, the industry's profitability has fallen dramatically in recent years and investments are not worthwhile at this stage. 2. Re-evaluation of Profitability and Growth in Payment Companies: There is a shift in focus to early profitability instead of rapid growth, which may indicate a long-term trend in the industry – amidst the current uncertainty and regulatory vise. 3. Growth of Mobile Payments: The year 2024 could be a watershed year in the proliferation of instant mobile payments. This is due to the increasing share of A2A (Account to Account) systems and mobile money (wallet apps) when compared to traditional cards. 4. International and Home Payment Dynamics: Emerging markets – where there is less regulatory influence – have seen strong adoption of mobile payment methods. In developed markets – by contrast – card-based systems dominate. Presumably, this pattern will continue in the near future without much change. 5. Regulators' influence on the Market: The digitalization of payment systems is also perceived as a consequence of the heavy reliance on large private companies. Accordingly, regulators are faced with the question of supporting local and regional payment networks – in the context of maintaining sovereignty, innovation, financial inclusion and competition. We expect average prices for payment services to go up this year. Markets like Russia, Mexico, Brazil, India are passing or have passed the bottom – companies need to make money, regulators and financial watchdogs are taking a closer look, driving costs up and driving teams out of the market. Keep in mind that price incentives are followed by innovation 💫 Join our channels in Telegram and be up to date on industry trends, payment offers and requests: https://lnkd.in/e5suExKg (RU) @payments_highrisk https://lnkd.in/ei8SpXCj (ENG) @payments_highrisk_eng https://lnkd.in/ec4HFEYM (ESP) @payments_highrisk_esp https://lnkd.in/eSkEUkzp (PT) @payments_highrisk_pt

Digital Payment Research Report 2024: Global Market to Grow - GlobeNewswire: Fintech innovators lead these developments, providing simple digital payment apps that service different types of markets. The increased usage of ...

As the end of fast approaching its always great to reflect on the past year. Here is an article that really demonstrates the leaps Fintech has made in the last 12 months. lets see what can happen in 2025!