Is Banking Headed for a “Dumb Pipe”, Telco-like Future?

Ilya Dubinsky, head of Credorax’s CTO office, recently attended Money2020 Europe.  He took part in a panel on the Future of Banking that was streamed live, with over 500 people attending globally. Check out the webinar here.

We caught up with Ilya afterwards, to find out more about his insights on the trends transforming banking and e-commerce.

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Money20/20 Europe: Take Five!

The Credorax team had a fantastic time at Money20/20 Europe, one of the largest European FinTech events, in Amsterdam last week.  We had over 60 scheduled meetings, and many stopped by our booth.  We enjoyed seeing our partners and meeting prospects and industry experts. There were many great sessions and informative panels. Here are the […]

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Using AI to Prevent Ecommerce Fraud and Secure Payments

As e-commerce continues to grow exponentially, fraud within these channels is also on the rise. In fact, credit reporting agency Experian reports that there’s been a whopping 56% increase in ecommerce breaches since 2016. The prevalence of digital payments and transactions, coupled with the number of consumers gravitating to apps and mobile connectivity, has led […]

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7 Tips to Prevent Chargebacks

Chargeback management – not quite the two words that invoke happy thoughts and feelings among merchants. There are many reasons chargebacks arise and, in some cases, it is not always something the merchant can control.  Examples of chargeback triggers include: Fraud Customer disputes Processing errors (e.g: duplicate transactions) Authorization issues (e.g: debiting cardholder) It is […]

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Faster-time-to-Money: The Name of the Game for Small Businesses

Lars Pedersen, CEO of Creditcall, shares his insights on SMEs growth within the payments industry. The SME market continues to be underserved by payment institutions, still not having the same tech solutions as larger companies. Their top pain point and frustration is delayed or fragmented payment solutions. More often than not, SMEs still use non-integrated […]

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PSPs are Adapting to Cross-Border E-Commerce

This month, Credorax has been spotlighted by PaymentEye to share its wisdom on cross-border ecommerce’s effect on PSPs. Below are a few important takeaways from the article we thought you would enjoy. To read the full article, visit: www.paymenteye.com. Retail Sales, All-Time High Retail sales worldwide are at an all-time high. According to data from […]

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Client Advocacy Proves More than a New Year’s Resolution, but a Mantra to Live by

For many of us, the beginning of a new year is typically a time when we set personal ‘New Year’s Resolutions’.  Just as we do this for ourselves, it is important for businesses to set them as well, in early Q1 each year. Confucius had it right when he professed, “study the past if you […]

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5 Pieces of Advice for Merchant Onboarding Application

merchant onboarding application acquiring bank

To date, the merchant onboarding process to an acquirer has been time-consuming, inflexible and costly. The biggest cause of delays and frustration is the overwhelming amount paperwork that needs to be completed. As an acquirer dedicated to customer advocacy and operational efficiency, we decided to share with you, our merchants and partners, how putting together […]

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Keys to Cross-Border Success for Merchants

Are you watching the world grow more connected before your eyes? It’s only natural that online merchants see this growth as an opportunity. Increasingly, it is becoming vitally important that online merchants be fully prepared to sell not only “locally” but also to reach into cross-border commerce. PYMNTS.com has been studying factors that separate the […]

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Survey Says: U.S. Consumers & Businesses Alike Demand Pragmatic Fintech Solutions to Ease Their Financial Woes

Ringing in the holidays, means nearing the end of year, and at Credorax we decided to take a moment to reflect on the major transformation the fintech industry experienced in 2016. While Blockchain and IoT obviously made every Top 10 Trend List, let’s be honest, the biggest trend – or more bluntly put, game-changer – […]

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