axcess april digest - financial sector updates and axcess company news
TRANSCRIPT
Axcess Monthly Digest
Welcome to our monthly digest, a newsletter released exclusively on
SlideShare for Axcess LinkedIn followers. As well as taking you
through the latest financial and business news, we also provide
updates from Axcess as a company.
Axcess Monthly Digest
Post-Brexit retail fears
Britain leaving the EU is causing great
uncertainty, especially for trade and
commerce. An article in Card Not Present surveyed British retailers to measure
their expectations of business post Brexit.
According to the article, 51% of retailers
surveyed expected cross-border selling to be
more complicated after Britain leaves the EU.
63% believe that goods will become more
expensive. 44% of retailers selling
internationally intend to continue. Only 23% are
planning on actively increasing their activity in
Europe.
Axcess Monthly Digest
Regulations tightened on e-wallets
The Reserve Bank of India is set to tighten
regulations on e-wallets, this will affect fund
transfers and documentation.
While this will only affect Indian PPI (prepaid
payment instruments) businesses such as
payment gateway providers and e-wallets,
other banks across the world could follow suit.
To find out more, read the full article from
Money Control here.
Axcess Monthly Digest
Innovative technology for
Samsung Galaxy 8To verify payments made from the devices,
the upcoming Samsung Galaxy S8 will use
fingerprints and facial recognition. This will
add an extra layer of security and potentially
help combat fraud These new payment
verification options will be released soon after
the new S8 model is unveiled.
The original report on the S8's new
featrueswas published on the Bloomberg website.
Axcess Monthly Digest
The future of British airlines
There is even more Brexit-related uncertainty
with regards to British airlines. While Theresa
May has stated that she would like flexibility
with British airlines serving EU countries, EU
airlines operate under the European Court of
Justice which could cause havoc when the UK
officially leaves the EU and the jurisdiction of
this court.
What do you think about this potential problem
for UK based airlines? And will Britain leaving
the EU affect your business? Let us know in
the comments.
Axcess Monthly Digest
Payments: fewer than one in three check
terms and conditionsAccording to Payments UK, fewer than one in
three people actually check the terms and
conditions when they share their personal
information for a payment.
This is an indicator of how lax customers are
and that there is a misunderstanding about
personal data and how it is used. Payments
UK have called for greater transparency,
especially now what it called "legislative
changes" are being brought in to change how
personal data is used.
Axcess Monthly Digest
New newsletter in the pipeline
Watch this space! Alongside our monthly
SlideShare digest, we're planning a new
newsletter which will be released exclusively
for our partners, merchants and subscribers.
We will still continue to release this digest via
SlideShare, but our email newsletter will cover
company specific news and the latest
developments from Axcess alongside industry
insights.
Be sure to keep checking the Axcess website,
where we will post updates and sign-up
details.