Merchant Acquiring Conference 2018

The 8th PSE Merchant Acquiring Conference took place on 14th November 2018. The event was designed to highlight the major trends affecting European acquiring and provide unique insights into developments in the current market.

We discussed the evolution of the acceptance offer to the wider enterprise community by tapping into experts from across the European payments landscape. A one page view of PSE’s perspectives on the emerging acceptance proposition can be found in the infographic below.

We had a great set of speakers from the following organisations:

• Payment Systems Regulator talked about their proposed UK market review into card-acquiring services and their draft terms of reference
• Klarna talked about the death of the four party model
• Citi outlined their perspectives on integrating bank originated instant credit into the Open Banking API environment
• Crown Commercial Services (UK Government Procurement) reviewed their new approach to payments, including the role of PISP for tax payments in the UK
• Fractal on the opportunity presented by Open Banking to create a platform economy and growth for payments
• Abrantix are looking to discuss machine testing of physical PEDs
• Bambora discussing how to better serve the needs of SME customers across Europe
• Featurespace who talked about the use of machine learning to identify fraud within acquiring portfolios
• Truelayer who talked about their experiences over the past 9 months of Open Banking
• PSE Consulting outlined their view on the impact of regulatory innovation on cards. A blog can be found here 

The conference was designed by industry thought leaders for industry thought leaders. We don’t ask speakers to pay, and we ensure there are no sales pitches.

For more information on who has attended and presented in the past see here,

Presentations

• Chris Jones - PSE Consulting

  The Emergence of Payment Facilitators Chris outlines where PayFacs are located, what they do, and when they were licenced
• Matthew Cherry - Payment Systems Regulator

  PSR's market review into card-acquiring services Matthew provided a summary of the PSR's market review
• Nick Heller - Fractal

  Platform economics and open banking Nick outlined his perspectives on how banking and payments can learn from the platform economic of the tech sector
• Matthew Sparkes - Crown Commercial Service

  The future of payments acceptance in the UK public sector Matt provided CCS's perspectives on the opportunities for payments within the UK public sector
• Peter Jones - PSE Consulting

  Will regulatory innovation destroy the EU cards business? Peter provided his perspectives on the role of regulators in promoting the credit transfer, and the challenges for the cards industry in responding
• Daniel Eckstein - Abrantix & Paul Kaye - IntelliQA

  Industrialised payments test automation - bring on the robots Daniel and Paul discussed the role of machine testing of PED devices
• Erik Haslev - Bambora

  Serving the underserved - Striving for simplicity in a complex payment landscape Eric provided his perspectives on becoming a more customer focussed acquirer in Sweden and then the wider European market
• Ross Leah - Klarna

  The death of the 4 party model Ross outlined his perspectives on why acquirers and instant credit providers can provide a better service to merchants and consumers than the traditional 4 party model

• Matt Mills - Featurespace

  Merchant portfolio fraud monitoring: Machine Learning in 2019 and beyond Matt outlined how machine learning analysis can be applied to merchant portfolios to identify bad actors

• Tony McLaughlin - Citi

  Perspectives on integrating bank originated instant credit into the open banking API environment Tony outlined his perspectives on how a paylater API can be used to address the existential threat posed by consumer platforms looking to non-banks for credit

• Shefali Roy - Truelayer

  Open Banking: 9 months in, where are we? Shafali provided her view on the last 9 months for the UK Open Banking initiative in the UK