Blog Posts

Contis gets active for #WorldMentalHealthDay

Mental health problems can affect anyone at any time. Which is why it’s so important to nurture a culture where your mental health comes first.

For #WorldMentalHealthDay Contis launched a week of activities to boost wellbeing and raise money for Mind Charity.

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Digital Currency: Is Regulation The Key To Success?

Even though it is hard to put a figure on the potential scale of virtual currency misuse, given the size of the market, it is no real surprise over the concern that unregulated systems could offer the anonymity needed for criminals to use virtual assets to launder their profits. At that point, regulators were duty bound to step in and the EU’s Fifth Money Laundering Directive (5MLD) now means that virtual currency exchanges and custodian wallet providers are subject to the same regulatory requirements as other financial services covered by the preceding 4th directive.

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Visa partners with LoyalBe to deliver loyalty solutions in Ireland

Small businesses undoubtedly play a significant role in communities across Ireland but they have also been some of the hardest hit by the negative impact of Covid-19. Insights from the “Visa Back to Business” study have revealed that almost 1 in 5 Irish small to medium enterprises (SMEs) believe that their future viability is at risk due to the commercial impact of COVID-19. Despite these concerns, the study also revealed that consumers across Ireland do really value independent businesses in their community with 63%1 of consumers admitting to wanting to support small businesses.

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A deckless virtual payments experience like no other 

Coming soon: We’re arranging a star-studded line up of industry greats, we’re concocting carefully crafted content and we’re sourcing superb swag.

For one afternoon only, receive a generous dose of high value payments entertainment. For CTOs, COOs, CFOs, Product Managers. If you like payments, this is what you should be doing on an early December afternoon.

No decks. No awful webinar platforms. Just pure payments discussion. The theme this year: Where’s the hidden cost in payments?

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How do FIs migrate to ISO 20022, hit deadlines and create opportunities?

ISO 20022 is the globally accepted format that improves the quality and structure of financial messages, provides rich data with each transaction, enabling everything from enhanced analytics to status tracking, sanction checking and automated invoice reconciliation – all whilst delivering an improved experience for end customers.
However, many banks and financial institutions have underestimated the complexity of the necessary changes of the migration as the transition isn’t just a simple upgrade of process. Existing infrastructure and legacy systems are not sophisticated enough to deal with the speed of integration and transition required.

Read this article to find out more

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The evolution of UK Faster Payments: creating a level playing field for smaller financial institutions

In this blog we discuss how Indirect Agency represents a real opportunity for previously excluded financial institutions. By offering real-time payments without compromising on speed, spend, performance and resources, it builds their customer base and challenges traditional players in the market. Making real-time payments accessible to everyone increases competition. It allows smaller banks and companies to enjoy the 24×7 faster payment rails for account-to-account payments. This access is made possible by using API Connectivity, which enables all users to send and receive money instantly through any digital channel.

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Fintech: The History and Future of Financial Technology

Financial technology (fintech) has been visibly evolving in front of our eyes ever since banks went online. With an increasingly cashless society, apps and platforms have been created to help us better understand and manage our finances, while new banks have been created that offer us a slicker experience.

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What is The Easiest Way to Build a 21st Century Digital Bank?

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Have you ever wondered what makes a bank a 21st century bank? A small hint; it isn’t the ginormous rigid and extremely expensive mainframes, it isn’t the systems that have to shut down every night for maintenance, and it definitely isn’t the glued-by-hope hollowed out cores.

The list can go on and on. What a good 21st century bank needs is security, scalability, flexibility, availability, and adaptability. So, where do you get it all, nicely packed and with a bow on top at a low cost?

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COVID19: E-commerce Nightmares & Surprises Series

At Cybertonica we Trust in Transaction. We make systems to make trust and frictionless commerce safe and secure for businesses and consumers. We know that outdated rules and operations occasionally introduce almost Kafka-like situations and thought it would help us to see the end customer and merchant point of view.

So we decided to collect stories from the people in our network and customers as well as their clients telling us how their e-commerce is going in this period – both the nightmares and the nice surprises.

We asked them to tell us about their online shopping experiences during the lockdown to paint a vivid picture for the merchants. From surprise champagne deliveries to account takeovers, we have some good stories lined up for you!

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How the current landscape can help Financial Institutions to grow

It is expected that the volume of #InternationalPayments will grow in the upcoming years. However, those #FinancialInstitutions that do not adapt to the changes in the current landscape may miss this opportunity against the big players. How to be prepared? Our Karen Penney, VP of Payment Products, shares her views.

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Lets not let COVID steal Christmas 2020!!

For Good Causes clients are taking the fight back to COVID-19, with an alternative approach to celebrating Christmas 2020.

Steve Wilks describes a campaign that means companies can feel good about Christmas, and feel good about helping others feel better about it too.

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How we managed to build payment installment capability into Twisto in a record time

Sometimes a fintech company needs to build a new critical feature under time pressure, which can become a very stressful moment for the CTO and Head of Delivery. Thanks to their current development velocity and estimation of the work, they know there is no physical way to build that feature with the capacity they have available. Maybe if they push their developers to the brink of exhaustion, they might be able to do this. This shouldn’t be the way to achieve goals, but rather only to deal with emergencies.

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Fintech: The History and Future of Financial Technology

Financial technology (fintech) has been visibly evolving in front of our eyes ever since banks went online. With an increasingly cashless society, apps and platforms have been created to help us better understand and manage our finances, while new banks have been created that offer us a slicker experience.

Read More »

Europe First? The Future of the EU Single Digital Market

Is the European Union going to be the first major global economy to embrace the digital economy advancements, all the benefits it brings forward, and all the digital banking solutions that are coming along the evolution of tech services? What will the EU Single Digital Market bring up on the business horizon?

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The State of Digital Banking in 2020

Across the world, traditional banking is transforming into something else entirely and the full outline and scope of the future of the industry, while not yet fully understood, already presents some amazing opportunities for firms looking for an edge, business innovation and revenue growth.

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The Future of Retail in the E-commerce Era

Few people have questioned whether e-commerce was the way of the future when it came to retail and shopping, but even fewer have asked what this brave new world will look like.

After all, as everyone moves online, other factors will play critical and distinguishing roles in determining who the winners and losers are from the e-commerce online future.

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Netcetera and Mastercard launch 3DS testing platform for retailers

Netcetera is Mastercard’s exclusive 3-D Secure testing partner to help retailers and other businesses ensure they are ready to comply with PSD2. Mastercard and Netcetera, the market leader for 3DS and EMVCo associate, are supporting merchants to improve their transactions and conversion rates. This is the first time that merchants are able to run tests in their live online shops.

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SIM swapping scams and behavioural biometrics

– How does SIM swapping work?
– SIM swappers struck – what next?
– The role of the bank in stopping SIM swapping fraud
– Behavioral biometrics analysis overcomes the failings of two-factor authentication
– Profiling cybercriminals, one simjacker at a time

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