Mon, December 16, 2024
[ 07:21 AM ] - United States, fintechmagazine
Payabl. Executives Outline Payments Challenges for 2025
- Payabl. executives highlight 2025 payments trends: digital wallets, embedded finance, AI innovation, PSD3 challenges and industry diversity
The article from Fintech Magazine discusses the insights of Payabl executives on the future challenges in the payments industry as we approach 2025. They highlight several key issues including the ongoing shift towards digital and contactless payments, which necessitates robust cybersecurity measures to combat increasing fraud and cyber threats. Regulatory compliance remains a significant challenge, with the need for adherence to evolving standards like GDPR, PSD2, and others across different jurisdictions. The executives also touch on the complexity of managing multiple payment methods and currencies, especially with the rise of cryptocurrencies and digital wallets. Additionally, they emphasize the importance of enhancing customer experience through seamless, fast, and secure transactions, which requires significant technological investment and innovation. The discussion also covers the potential of AI and machine learning in fraud detection and personalized services, alongside the need for scalable infrastructure to handle the growing volume of transactions.
Read the Full fintechmagazine Article at:
[ https://fintechmagazine.com/articles/payabl-executives-outline-payments-challenges-for-2025 ]
Read the Full fintechmagazine Article at:
[ https://fintechmagazine.com/articles/payabl-executives-outline-payments-challenges-for-2025 ]
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