What Does the Future Hold for Domestic Card Schemes?


Less than a decade ago, Europe was a fragmented continent with multiple card schemes and weak interoperability between countries. Except for some Eastern European countries, all European countries had their own national/domestic card scheme with their own rules and standards that only worked inside the specific country. But the domestic card schemes market in Europe changed dramatically following the Payment Services Directive and the SEPA Cards Framework. The domestic card schemes in the UK, Ireland, Luxembourg, the Netherlands, and Finland have been phased out and replaced by internationally branded cards such as VISA Debit, Debit MasterCard, Maestro or V PAY.

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The World E-Commerce Summit by Lafferty: Takeaways

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This month I was privileged to be one of the keynote speakers at Lafferty’s exquisite London event, The World E-Commerce Summit. This thought-leadership driven event included a hand-picked group of speakers, representing the movers, shakers and innovators across the payments ecosystem. From IBM to Visa to Tufts University, there was an interesting mix of diverse speakers.

For someone who found the payments space a few years earlier during a trek up Mount Kilimanjaro (that story is for a separate and later blog), speaking at an event was a dream come true.  I wanted to share the broader themes of this intimate event, enjoy!

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How PSPs Can Successfully Embrace the Global Imperative

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In a recent article, we discussed the increasing merchant pressure on PSPs. Much of this pressure is due to the global nature of e-commerce and the need to provide fast and seamless payments, whether domestic or cross-border.

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Digital Disruption: Behind the Buzz

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In the world of e-commerce, it’s hard to avoid the buzzword “disruption.” It seems to be in nearly every headline, whenever you click or turn the page. It’s good to take a step back every once in a while to think about what this concept really means and how it’s affecting online retailing and payments.

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PSPs Under Pressure

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E-commerce has truly become a retailing giant. In 2014, the U.S. and China together handled 55% of all global internet sales, accounting for $1.316 trillion.  The most attractive cross-border e-commerce destinations were the U.S., China and the UK. Amazingly, cross-border sales reached $300 billion, or 25% of total global e-commerce flow.Continue Reading

Top 5 Smart Acquiring Blog Posts of 2015



Christmas has come and gone, and New Year’s is fast approaching. Last week, in our Happy Holidays post, we took a look at our major achievements over the last year. This week we bring you the top five blog posts of the year.Continue Reading

E-Commerce Shines on Black Friday


Black Friday, the opening day of the Christmas shopping season, is a quintessential U.S. cultural spectacle. We have become quite used to the annual pictures of American shoppers waiting on long lines in the dark of early morning and inevitably tussling over the last plasma TV on the shelf.Continue Reading

Insights From the European Commission E-Commerce Report


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A recent European Commission report on the state of e-commerce offers some great insights on how consumers and merchants are dealing with cross-border e-commerce payments.

Here are some highlights of the EC Digital Agenda Scorecard:Continue Reading

How Will Technology Transform Financial Services?

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Digital transformation has created big changes in a wide range of industries. Retail, hospitality, transportation and others — one by one, it seems as if every industry that affects our daily lives has been revolutionized thanks to ever-evolving technologies.Continue Reading

E-Commerce vs. the High Street: Can They Work Together?


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For years, it seems like there has been a war between the High Street (ie: local stores) and its online counterpart, e-commerce. A recent whitepaper published by IMRG addresses the friction between these two types of retailing — and how they might be able to get along going forward.Continue Reading