Endless payment possibilities with the new payabl.POS Terminal
The last few months have been quite busy in our HQ with the lead up to the launch of the payabl.POS Terminal! The much-anticipated launch is finally here - we officially switched on the terminal and our client made the very first POS transaction! The payabl.POS Terminal is currently available in Cyprus and will soon roll out across Europe – stay tuned! Contact us if you’re interested in your own payabl.POS.
Learn more here: https://payabl.com/pos-terminal
Pulse on Payments
Here’s what’s making headlines in the PayTech world...
The completed pilot project Rosalind, jointly run by the Bank of England (BoE) and the Bank of International Settlements (BIS), explored the connection of central bank and private sector infrastructures through a "universal and extensible API layer" to enable retail CBDC payments.
Wally, the personal finance management mobile app, is launching WallyGPT, a generative AI assistant that offers a personalized experience, answering user's financial history-related inquiries and assisting them in making informed plans for the future.
Visa's $1bn acquisition of Brazil-based core banking platform Pismo will enhance its ability to offer cloud-based API-driven core banking and issuer processing services for debit, prepaid, and credit cards, while also granting access to emerging market payment networks like Pix in Brazil.
payabl. in the press
Were you at Money 20/20?
We had an incredible time exhibiting and speaking at Money 20/20 and some of our key leaders were even interviewed! Check out our Group CEO, Ugne Buraciene’s interview with the C-Suite Podcast to hear about the critical mistake she believes most merchants are making: https://payabl.com/news/c-suite-podcast-money2020-2023
Andrew Hutchings from Financial IT swung by the payabl. stand at Money20/20 to chat with our CPO Igor Skachkov about the major trends in the instant payments industry including AI and fraud detection.
Igor commented “The core of our business is the convenience of the service we provide, it’s the client support, which is always a human face and also the coverage.”
Watch the interview here: https://hubs.la/Q01WmQqy0
Nikolett Palinkas, SVP of Client Relations (Acquiring) caught up with the Fintech Finance News and shared some insights about payabl.’s operations and how new payments technology is changing the industry.
See her interview here: https://ffnews.com/fintech-tv/event/event-videos-2023/money20-20-europe-2023/nikolett-palinkas-payabl-money20-20-europe/
Speaking of interviews, Sean Forward, CEO payabl. UK was featured in Raconteur, The Sunday Times Special Business supplement: The Future of Payments special report. Sean is part of The Payment Association’s steering group advising the government on the consultation about whether the UK should have a digital pound.
Read more about Sean’s insights in the Raconteur, “Future of Payments” report: https://www.raconteur.net/report/payments-2023/?utm_content=251843907&utm_medium=social&utm_source=linkedin&hss_channel=lcp-3526302
Fraud
Have you heard about transaction laundering?
It’s money laundering’s digital cousin and our Chief Risk Officer, Oleg Stefanets recently took a deep dive into the trends and tactics criminals are using to navigate the online payments world to avoid regulation and detection. Read his findings here - https://payabl.com/news/transaction-laundering-safeguarding
Awards
We are delighted to announce that payabl. has been among the 50 fastest-growing tech companies in the Middle East & Cyprus, ranked by Deloitte Technology Fast 50 program and the #1 fastest-growing payments company in Cyprus! This well-deserved recognition is a testament to our hard work, dedication, and innovation in the payments industry.
Read more here: https://hubs.la/Q01N0S4s0
Events
I-Conn Nexxie
payabl. was an official sponsor at this year’s I-Con by Nexxie! Chief Risk Officer, Oleg Stefanets took the stage to present ‘Compliance Undressed: Decoding Payment Regulations' to share his insights about the latest regulatory changes in the industry.
Nikolett Palinkas, SVP of Client Relations (Acquiring) also took the stage to shine a spotlight on what merchants should look for in a payment partner in her presentation ‘Swipe Right for your Best Payments Match’.
Oleg Stefanets, our Chief Risk Officer, took the stage and presented the ‘Compliance Undressed: Decoding Payment Regulations'. Oleg shared his insights about the latest regulatory changes in the industry including Visa Compelling Evidence 3.0. He also looked into the key rules merchants need to be aware of and what steps merchants should take to ensure they are compliant.
Nikolett Palinkas, our SVP of Client Relations (Acquiring) shined a spotlight on what merchants should look for in a payment partner! Her presentation, ‘Swipe Right for your Best Payments Match” dove into the key non-negotiables that merchants should consider when looking to build a relationship with a payments processor.
Upcoming Events
Want to meet to talk about how payabl. can supercharge your payments?
Contact us to book a meeting and visit us at one of the upcoming events.