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The payments market is developing at a rapid pace. Bitcoin just to name a few. Let alone the consumer's demand to offer all these services omni-channel.
What will the payments world look like in the future? Aim for a fast paced time-to-market of convenient and high quality payment and payment related services that have maximum reach at minimum cost. Use in-depth subject matter expertise, the right innovation capabilities and the ability to engage partners in a co-creation network to make this happen.
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Let us assess the benefits you can achieve. Be ready to reduce more than 20 percent of your cost. We support you throughout your journey: We help our clients to co-create new digital products effectively, develop their co-creation capabilities and become an platform for open innovation and collaboration.
We help our clients to set-up and manage innovation programs, realise set ambitions and transform their operating model to be effective in the digital age. As strategic partner Innopay delivers consultancy services for the programme board as well as for the underlying innovation initiatives and coordinates several work streams.
For a group of major Dutch banks Innopay helped to create an e-payment scheme based on online banking. This national service went live 12 months after conception and has now become the major OBeP method in The Netherlands.
Equens asked Innopay to draft their commerce strategy: Based on these insights the top priority markets were determined and strategic directions were drafted. A fter identifying the growth opportunities Innopay supported the creation of a roadmap for further action. For this purpose Innopay described main trends driving the market for retail payments and shopping including implications for its competitive position.
BitPay, a large Bitcoin payment service provider based in the US, asked Innopay for support in establishing a European presence. To that end, Innopay researched the rules and regulations around Bitcoin, cryptocurrencies and payment services in the Netherlands and the EU and entered into a dialogue with the Dutch central bank on behalf of the client.
Additionally, Innopay created a draft European business strategy for BitPay to be used in payment license application and in negotiations with potential banking partners. Moneta is a Russian payment service provider, operating an online wallet system targeting the Russian consumer market.
Moneta was looking to expand its propositions to Europe and the rest of the world and has asked Innopay to provide market knowledge and consulting services to assist this development. Innopay helped MasterCard shaping its future strategy regarding online credit card payments. Moduslink is a global payment service provider, that was looking for payment fraud process optimisation to maximise conversion, while minimising risk. Banks should open-up beyond PSD2 to deliver on the innovation promise PSD2, and the concept of XS2A in particular, can be viewed as an important catalyst to accelerate change in payments, innovative banking applications and respective business models by leveraging payment functionality and account information, but This blog suggests four strategic options PSPs can pursue to remain relevant in their consolidating industry.
Turning the Anti-Money Laundering Directive into a competitive advantage Financial service providers are challenged by Bigtechs to build international scale for their innovative products. Cross-border introduction of innovative digital payment and loan products is a difficult game however, as local implementations of the Anti-Money Click here for our privacy statement.
Since he is active in the field of online payments, since in digital identity. Today he is active in exploring the possibilities for Dutch banks to offer an identity product to the Dutch market and is helping merchants across Europe to implement their online contracting solutions. Payments Insights The payments market is developing at a rapid pace. Co-creation We help our clients to co-create new digital products effectively, develop their co-creation capabilities and become an platform for open innovation and collaboration.
Transformation We help our clients to set-up and manage innovation programs, realise set ambitions and transform their operating model to be effective in the digital age. Innopay advised Greenpeace on the best way to optimise and process payments for all countries involved. Therefore we created insight in the direct debit and credit card transaction costs in all 14 countries involved and assessed how Greenpeace could connect to all banks and payment service providers in the most efficient way.
Following the strategic analysis, an Rfi was executed for a PSP for direct debit and credit card transactions. Latest publications Banks should open-up beyond PSD2 to deliver on the innovation promise PSD2, and the concept of XS2A in particular, can be viewed as an important catalyst to accelerate change in payments, innovative banking applications and respective business models by leveraging payment functionality and account information, but Germany Taunustor 1 TaunusTurm Frankfurt a.
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