Media

When a bank, payment service provider or FinTech assesses their technological requirements, it is safe to assume that these will be completely different.

When it comes to usability in the payments industry, customer experience and security always seem to be at loggerheads with one another.

Digitalisation is coming to the forefront in Latin America. In our last blog, we sat down with Compass Plus LAC representatives, Carlos Seer and Rafael Marinho, to discuss their thoughts on digitalisation efforts in the region, and how financial institutions (FIs) were approaching the challenge head on.

Digital innovation around the world has revolutionised the way the average person makes payments. It’s not just about cash and cards anymore.

Compass Plus' response to COVID-19

Igor Simonov, AVP, Business Development & Sales Manager, APAC, addresses the necessity for financial institutions in Asia Pacific to reconsider their fraud management strategy.

In 1993, world renowned Fintech disruptors, the Wu-Tang Clan, famously proclaimed “Cash rules everything around me”, so how is it that 27 years later, no one seems to need it anymore?

Last week, a ruling by the New York City Council voted to ban stores and restaurants from refusing cash payments. The ruling comes from the decision that refusing to accept cash as legal tender is a discriminatory act against the unbanked, underbanked and poorer members of society who might not have access to debit or credit lines.

Carlos Seer, AVP & Business Development Director, LAC, explores the link between prepaid card traction and greater financial inclusion in Mexico.

Igor Simonov, AVP, Business Development & Sales Manager, APAC, considers the challenges faced for tackling fraud in Vietnam.