End of 2021, still Covid-anxious, but a good year for our industry
If we look back to where we were a year ago, we can remember we were all anxious about the Covid crisis not knowing how it would evolve in 2021. Now, at the end of the year, we are still Covid-anxious, we still do not know where all this goes in 2022, but a lot has changed, especially in our secure transactions industry. 2021 will remain as the year you mother-in-law learnt what a QR-code is! A year ago, only the Chinese were totally familiar with QR codes as they were alread
BNPL: an old practice revitalized
Since its beginning, payment innovation always towards in the same direction: always make payment easier and less painful, in order to part consumers from their hard earned money. The financial community is now organizing itself in making always more BNPL offers. But what is BNPL? The acronym stands for “Buy Now, Pay Later,” which is a nicely found gimmick to describe payment in installments that has been in existence as long as there are payment systems: deferred payments we
EPI: the mountain has brought forth a mouse
EPI, European Payment Initiative, the heir of PEPSI (Pan European Payment System Initiative), which had been launched a couple years ago, had as its objectives to become a European Payment Scheme, on par with the giants of this world, obviously Visa and MasterCard but also China UnionPay, Mir and a couple others. EPI also targets the risk of seeing payments, which appear as a sovereignty attribute, being taken over by the GAFAM (Google, Amazon, Facebook, Apple, Microsoft) or
Card-embedded innovation is here
Trustech, which is happening right now, is, as ever, a major event for payments, identification and security. Over the past years, an acme of the event was the Sesames ceremony, during which the most innovative projects of the industry received awards, leading to extremely emotional scenes from tears to celebrations for all those who worked on these developments. As Sesames no longer exist, I feel I have to stress on some interesting innovations seen at Trustech. As long as c
Strong Customer Authentication becomes the norm
While Trustech coverage is evolving along time, payment is still in a central place among the subjects of interest of visitors and conference organizers alike. Today, focus was put on the evolution of SCA - Strong Customer Authentication - which is part of the PSD2 (Second Payment Services Directive) mandate. Different panelists from European authorities, government bodies, financial institutions and private stakeholders were bringing their experience and point of view about
