Between the dynamic poles of cyber security, regulation, and digitalisation, future drivers are having a major impact on today’s payments industry. This article, the third in a three-part series, takes a closer look at the opportunities and challenges of cyber security for banks and payment service providers. The first article presented the current initiatives shaping payment […]
The financial world is in constant state of change, driven in particular by technological advances and regulatory adjustments. The current regulatory initiatives of the European Commission, PSD3 (Payment Service Directive 3) and PSR (Payment Service Regulation), will be further steps in this development. According to the European Commission, they aim to harmonize payment transactions within […]
The digitalisation of products and processes brings not only opportunities for banks and payment service providers, but also an increasing number of risks. Cyber attacks and IT failures can cause enormous financial and reputational damage. This is where DORA, the Digital Operational Resilience Act, takes action. This EU regulation aims to ensure that financial institutions […]
Between the dynamic poles of regulation, cyber security, and digitalisation, future drivers are having a major impact on today’s payment industry. This article, the second in a three-part series, takes a closer look at current and planned regulatory adjustments. The first article presented the current initiatives shaping payment digitalisation in Europe – the digital euro. […]
Between the dynamic poles of digitalization, regulation and cyber security, future drivers are having a major impact on today’s payment industry. As the first in a three-part series, this article takes a closer look at current trends and innovations shaping the digitalization in payment. Various trends and innovations are influencing the payment industry and driving […]
On November 1, 2023, the European Central Bank launched the preparatory phase for the introduction of the digital euro. After a two-year investigation phase, the development of the required infrastructure and platform will now begin. This phase also includes tests to determine whether the digital euro has a sustainable future. In two years from now, […]
Hamburg, 26 July 2024 – Thede Consulting is excited to announce to be part of Projective Group, a leading financial services consultancy specialising in strategy, implementation, and sourcing within the financial sector. This move aligns with Thede Consulting’s growth plan increasing their presence in Europe and enhancing their expertise to provide even greater value and […]
In today’s digital world, efficient payment management is a key to success for companies to reduce their (administrative) costs through lean internal processes in an increasingly complex environment. The issuing of commercial cards within a company also often is inflexible and only helps to a limited extent with internal organization and billing. However, there is […]
Discover the future trends in our exclusive workshop. We will show you how the future drivers of digitalization, regulation and cyber security will affect your business models and develop individual solutions with you. Payment services are subject to constant change, which has accelerated even further in recent times. They are reflected in the future drivers […]
An efficient payment strategy for the Industry 4.0 is crucial. The digitisation of the industry requires a change in mindset for the entire value chain in order to secure your own competitiveness and innovative strength. Thus, efficient payment processing for innovative business models and sales formats plays a central role in this. Industrial clients, just […]
