Blog

How the Chinese Tourism Boom Will Change Payments, Creating Winners and Losers

Whilst the biggest world travellers in volume are still Europeans, the emerging markets led by China are spearheading a new long-term trend in travel, and the numbers are big. For 2017, the United Nations World Travel Organisation (UNWTO) recorded 1.3 billion tourist arrivals globally, of which 75% were holiday travellers and 25% for business. The 7% increase from 2016 was the highest annual growth since 2010. Tourists spent US$1.3 trillion, representing an average of US$1,000 per head making it [...]

Jul 22nd, 2019|

How to Stay Better Protected Against Payment Security Hacks

A breach is expensive. Averages suggest the cost represents 10% of your annual revenue with the average reported breach now costing US$1.6m (source: Radware) and rising fast. Add to this any regulatory fines, lost time, brand impact, lost customers and headache. The impact can run from a week to a couple of months, event dependent. Your annual budget will be impacted, enterprises pay an average of US$200k to external parties to troubleshoot the crisis and your life in the boardroom [...]

Jul 21st, 2019|

Stanchion Appoints Norman Frankel as MD for Europe

Stanchion, a leading payments fintech solutions company, has appointed Norman Frankel, as Managing Director for Europe and the UK bringing significant payment industry experience with him. Frankel, who will be based in the UK office, will help Stanchion to unlock growth opportunities across the region and to refine its offering for the European market. Frankel has more than 25 years of experience in the payments industry, with deep expertise in digital and Customer-Not-Present (CNP) channels. As the founder and CEO [...]

Apr 9th, 2019|

Transaction monitoring – who is watching the watchers?

Finding out how to monitor active/active environments without letting the tech get in the way  ~ Steve Kirrage, Director of Stanchion Payment Solutions, Middle East. Ask any financial IT operations team what their number one headache is, and the answer is likely to be unplanned downtime. Reducing downtime is easily a top priority for IT professionals working for banks, card services and payment processing companies, where any lag or downtime within the payments processing system is unacceptable. The challenge is [...]

Apr 10th, 2018|

Enterprise Intelligent Automation Cyber Defence Platform

Automated attacks are now commonplace in our infrastructure and very hard to discover within applications. Automated defence is the only way to neutralise the growing risks, especially with technical security expertise in short supply. Learn how you can use automation to gain competitive advantage, reduce risk and save cost.

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Collaborative Compliance

With regulations and compliance growing rapidly, internal processes have not kept apace. Manual tools are used surprisingly often and introduce latency and risks of their own, whilst staff are often poorly trained in basic knowledge to help keep your company safe. Find out how to improve your annual compliance processes by up to 30% and how cloud based training in cyber-security good practices can help you create an effective human defence shield.

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