Open Finance promises to change the way consumers and businesses in Europe use financial services. But what does it mean for you?

Customers do not like declined transactions. It is a waste of time and effort, not to mention the frustration and anxiety about possible fraud. And when this happens more than once, customers abandon their shopping carts, leading to lost sales. Hence, it should be every business’s priority to enable customers to complete their purchase on the very first try.

With Brexit a reality now, the business landscape across UK and EU is evolving fast. From revised VAT laws, customs duties, to cross-border checks and overall process changes, new rules are coming into play in cross-border commerce between the UK and EU.

New laws to counter fraud are coming into effect in the EU. Understand how this impacts your business and your customers

Contactless, ‘one-touch’, instant payments are on the rise. And as consumers move towards alternative payments systems that offer more safety and control, the need for greater interoperability in payments systems is spurring new innovation and regulation in the industry.