Future of Payment Processing: Open Banking, Age Verification & Fintech Trends

Описание: The payment processing industry is evolving rapidly as fintech innovation, regulation, and new payment technologies reshape how merchants and consumers transact online.

In this episode of the Segpay News Network, Mark Pettit interviews Stanley Skoglund, CEO of Segpay UK, to discuss the future of payment processing, open banking, digital wallets, and regulatory trends affecting merchants worldwide.

Topics covered include:

• The differences between UK and US payment processing markets
• How Brexit changed payment regulations and merchant costs
• The rise of open banking and pay-by-bank payments
• Why digital wallets like Apple Pay and Google Pay are growing fast
• The increasing importance of age verification and KYC compliance
• How merchants can manage cross-border payments and fraud risks
• The future of faster payments and fintech innovation

Stanley also shares insights into how alternative payment methods and bank-to-bank payments could reduce reliance on credit cards and reshape ecommerce payments over the next 3–5 years.

If you're a merchant, fintech professional, or ecommerce operator, this discussion will help you understand where the payment processing industry is heading and how to prepare for upcoming regulatory and technology changes.

Subscribe for more expert interviews and insights from the Segpay News Network.

#PaymentProcessing #Fintech #OpenBanking #EcommercePayments #DigitalWallets #FintechTrends #Segpay

YouTube Chapters

(Using the timestamps from the transcript)

00:00 Introduction – Meet Stanley Skoglund, CEO of Segpay UK
00:35 UK vs US Payment Processing Landscape
01:42 Payment Processing After Brexit
03:13 Biggest Challenges for UK Merchants
03:45 Age Verification & KYC: Standardization & Data Security
08:12 Card-Centric (US) vs. Bank-to-Bank Payments / Peer-to-Peer (UK)
10:01 Why Payment Compliance Is Ongoing
11:29 Cross-Border Payments, Requirements & Fraud Risks
15:12 Stanley's Background & Why He Joined Segpay
16:30 The Future of Payment Processing
19:02 Closing Thoughts