Richard is an expert on UK Domestic, SPayments Association, and SWIFT based payments and collections. Based in Reading, UK, Richard combines more than 18 years of industry experience, including working for Bacs and VocaLink, with a broad understanding of UK and European payment regulations setting Bottomline’s payments-related product portfolio and strategy in the EMEA region.
Richard has worked in Bottomline Technologies for the last 7 years being at the helm of some of the company’s greatest products such as WebSeries, C-Series, and our PT-X cloud payments platform. All of these products span across many aspects of the Industry giving Bottomline a great knowledge of what we face in Payments today.
Richard Ransom will be on our Morning panel discussing Regulation and Innovation in London and how it affects the Payments Industry at Pay360Innovate on the 25th of November. For more information click here.
We spoke to Richard to find out more:
Sum up your role in the industry in three words:
The corporate’s voice
How do you feel your company’s latest achievement PT-X has been affected by regulation?
Completely. Customers understand the need for regulation, can often benefit from it, and sometimes just want protecting from it. Our modular corporate payments platform PT-X allow us to do all of these things without the need for continual disruptive updates to deployed software.
Regulation and Innovation help or hinder?
I’m on the side of help. Regulation = change, change drives innovation if you want it to. PSD2 should bring a huge opportunity for Fintech and the banks, if the banks want to play and Fintech realises the value of collaborating with the banks.
As a Product Marketing Manager what would you like to see as the next great innovation to hit the market?
I want to see any innovation that helps the un-glamorous world of business and corporate payments, the key is finding something that is of benefit to the sender of the payment as well as the recipient. Without a benefit for the sender, why would they adopt? If I were to pick one thing today, it would be an innovation around verification of payee for business, minimises error and fraud.
What question would you like to be asked at Pay360 innovate?
Does any of the innovation in the consumer space translate into the corporate payments world?
Log in to access complimentary passes or discounts and access exclusive content as part of your membership. An auto-login link will be sent directly to your email.
We use an auto-login link to ensure optimum security for your members hub. Simply enter your professional work e-mail address into the input area and you’ll receive a link to directly access your account.
Instead of using passwords, we e-mail you a link to log in to the site. This allows us to automatically verify you and apply member benefits based on your e-mail domain name.
Please click the button below which relates to the issue you’re having.
Sometimes our e-mails end up in spam. Make sure to check your spam folder for e-mails from The Payments Association
Most modern e-mail clients now separate e-mails into different tabs. For example, Outlook has an “Other” tab, and Gmail has tabs for different types of e-mails, such as promotional.
For security reasons the link will expire after 60 minutes. Try submitting the login form again and wait a few seconds for the e-mail to arrive.
The link will only work one time – once it’s been clicked, the link won’t log you in again. Instead, you’ll need to go back to the login screen and generate a new link.
Make sure you’re clicking the link on the most recent e-mail that’s been sent to you. We recommend deleting the e-mail once you’ve clicked the link.
Some security systems will automatically click on links in e-mails to check for phishing, malware, viruses and other malicious threats. If these have been clicked, it won’t work when you try to click on the link.
For security reasons, e-mail address changes can only be complete by your Member Engagement Manager. Please contact the team directly for further help.
