{"id":15256,"date":"2020-08-26T11:28:02","date_gmt":"2020-08-26T11:28:02","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=15256"},"modified":"2020-08-26T11:28:02","modified_gmt":"2020-08-26T11:28:02","slug":"digital-payment-solutions-from-possible-future-to-inevitability","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/digital-payment-solutions-from-possible-future-to-inevitability\/","title":{"rendered":"Digital payment solutions: from possible future to inevitability"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">There has been a significant shift toward digital and cashless payment solutions in recent years. In fact, investments in payment-related FinTechs have doubled investments in other technologies across the financial services space. And now that the COVID-19 pandemic has revealed the significant benefits of digital and cashless payment solutions, this trend has started to accelerate even more. In particular, it is expected that newer solutions (e.g. digital wallets) will gain the most traction. At the same time, these changes will bring challenges for financial service providers, especially regarding the use and protection of personal data. Moreover, there will be significant infrastructural challenges in order to ensure that local networks can handle the switch to newer payments methods and provide interoperable and frictionless services for all users.<\/span><\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-15256 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Blockchain-Based Revenue to Grow 50-Fold by 2030'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/blockchain-based-revenue-to-grow-50-fold-by-2030\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2021\/06\/11dc8216-d8bf-dbca-5261-0010f27eb5e61-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16132\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16132'>\n\t\t\t\tBlockchain-Based Revenue to Grow 50-Fold by 2030\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Uzbekistan enacts measures to attract foreign specialists'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/uzbekistan-enacts-measures-to-attract-foreign-specialists\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/03\/O5GSM00-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12510\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12510'>\n\t\t\t\tUzbekistan enacts measures to attract foreign specialists\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Bankers expect open banking to increase profits 10-20%'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/bankers-expect-open-banking-to-increase-profits-10-20\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/06\/bankers-expect-open-banking-to-increase-profits-10-20-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-13039\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13039'>\n\t\t\t\tBankers expect open banking to increase profits 10-20%\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>There has been a significant shift toward digital and cashless payment solutions in recent years. In fact, investments in payment-related FinTechs have doubled investments in other technologies across the financial services space. And now that the COVID-19 pandemic has revealed the significant benefits of digital and cashless payment solutions, this trend has started to accelerate &hellip;<\/p>\n","protected":false},"author":12,"featured_media":15257,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/15256"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=15256"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/15256\/revisions"}],"predecessor-version":[{"id":15258,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/15256\/revisions\/15258"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/15257"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=15256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=15256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=15256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}