Viewpoints

Did you know that the average weight of a plastic card is 5 grams and by the beginning of 2020, 5.6 billion payment cards were issued worldwide - the total weight of which was 28 million kilograms.

We asked Gary Dunsmore, Projects Director at Compass Plus, to answer some questions on how Compass Plus are managing projects remotely through the global pandemic. Gary covers everything from interrupted zoom calls to projects going live during these strange times.

Maria Nottingham, EVP, discusses how, in 2020, any system fundamental to, and at the heart of an FI's business, has to be technologically capable and have unrivalled future-proof interconnectivity, natively ingrained into the very nature of the underlying platform (pages 16-18).

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.

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 Technologies' 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.