Payments Supplement

IBS Journal | Payments Supplement

With the deadlines for the SEPA payments now within grasp, vendors are rubbing their hands together in anticipation of the last minute rush to purchase systems and solutions to comply with the new regulations. However, banks and corporates still seem to be as unenthusiastic as when the initiative first emerged nearly a decade ago. 

IBS Journal | Payments Supplement

IBS Journal | Payments Supplement

As of next year, all Russian citizens will have to apply for a Universal Electronic Card (UEC), a new form of identification combined with a fully-fledged payments card. How does this work for the country's population of over 143 million?

IBS Journal | Payments Supplement

Sirpa Nordlund, executive director at a non-profit organisation, Mobey Forum, speaks to IBS about the trends and concerns of the marketplace, and explores the roles banks have to play to stay at the forefront of the industry (or at least afloat).

IBS Journal | Payments Supplement

Tinkoff Credit Systems Bank (TCS Bank) has a unique place in the Russian market. The brainchild of a well-known entrepreneur, Oleg Tinkov, it was originally modelled on the Capital One bank in the US and is the only bank in Russia today that specialises in credit cards. In the six years of its existence, this direct banking entity has grown to be one of the top four credit card issuers in Russia by market share, with over three million cards in circulation. The bank's CIO, Viacheslav Tsyganov, talks about the technology that underpins its operations.

IBS Journal | Payments Supplement

Over the last few years, Barclays has been going through an enterprise-wide overhaul of its payments business, in a concerted effort to join the club of major global payment providers. It has recruited a number of experienced industry specialists from rivals including Citi and Deutsche Bank, set up the Global Payments division and has poured over £170 million into the venture.