Bitesize Payments
Payments are one of things that we do every day - they just happen, really they are just like magic!!!! But we don't wake up and think today I want to make a payment - we just want to pay a bill or buy a coffee but payments make them happen.
Paradoxically we both know more about them than we think and yet at the same time very little about what they are and how they work.
I have spent a lot of time in our industry doing education and training sessions on Payments and I kinda thought it would be useful to record it. So, here we go.... In Bitesize Payments I try and explain the History of Payments, how they work and who does what. Also who get paid for what....that might surprise you!
Anyway hopefully in less than 20 mins, week after week you can become a payment experts....... or at the very least someone who can ask the tough questions :-)
Please let me have your feedback, input or question at bitesizepayments@gmail.com
Thanks for listening.......
Episodes
37 episodes
When Scarcity Isn’t the Constraint
Welcome to Bitesize Payments: Digital. I’m Paul Thomalla.You use money every day. You work for it. You worry about it. You plan your life around whether you have enough of it.But what is it? Not what does it buy...
The Physical-to-Digital Break
There is also an expanded read here on my Substack channel here
Introduction to Bitesize Payments: Digital
There is an extended version of this on my substack channel here https://bitesizepa...
The Sovereignty Container Breaks
Welcome back to Bitesize Payments Digital.The expanded Substack version is here: https://bitesizepayments.substack.com/p/the-sovereignty-conta...
Wrapping Up Series 1: Why I Started Bitesize Payments — and What Comes Next
After more than 30 episodes, I wanted to take a moment to reflect.This isn’t a deep dive into real-time payments, standards, or compliance. This episode is about why Bitesize Paymentsexists in the first place — and what I’ve lea...
Sovereignty (and Payments)
In this episode of Bitesize Payments, we zoom out from the usual rails and rules of payments to explore a much bigger force shaping the industry: sovereignty. From the ancient control of coinage by kings to today’s battles over ...
Compliance, KYC, and All That Stuff
Welcome back to Bite-Size Payments, where we dive into their history, how they work, and, of course, who does what. Today, we’re tackling compliance—yes, that lovely, complex topic that often seems like it gets in the way. B...
Cross border Payments
Welcome to Bitesize Payments where we discuss their history how they work and of course who does what. In today’s episode, we’ll unravel the fascinating world of Cross-Border Payments. With so many payment terms, brand names,...
Fintechs - the disruptors
Welcome back to Bitesize Payments where we discuss their history, how they work and of course who does what…. Today we are looking at key stakeholder in payments, fintech's… The new young things of the industry or are they… ? <...
The rise of Mobile Payments
Welcome to Bitesize Payments, where we discuss their history, how they work and of course who does what… Today we are going to discuss mobile payments…. Remember when losing your wallet was the ultimate nightmare? These days, losing...
Gold - All that Glitters is not Gold
Welcome back to bitesize Payments, where we explain their history, how they work and of course who does what. Today we’re diving into a topic that has fascinated civilizations for thousands of years: gold. Did you know that all the ...
European Payment Systems from a US PoV
Welcome back to Bitesize Payments. Where we discuss their history, how they work and who does what.Today we are going to do the reverse of the last podcast with Eric Grover – we will be looking at Europe from an American's point of view....
The US Payments System from a Europeans PoV
Welcome back to Bitesize Payments where we look at their history, how they work and who does what. When we look at the payment systems of another region, they often seem impenetrable due to different brand names, terminologies, use...
Banks - The invisible network
Welcome back to bitesize payments where we discuss the history, how they work and who does what? Today we are going to discuss banks, what do they do? We have discussed a little of their history in previous episodes, we talk through...
Clearings - Its groundhog day
Welcome back to bitesize Payments were we discuss their history, how they work and of course who does what. In this episode we're discussing Clearings.Clearings what are they? Well, they are sometimes called rails, schemes or...
Fraud and Scams - The dark underbelly of Payments
Welcome back to Bitesize Payments, in today's episode we dive into the murky waters of payment fraud and scams. From ancient swindlers to modern-day cybercriminals, we're charting the course of deceptive practices that have evolved alongside ou...
Corporates - the power house of Payments
Welcome back to Bitesize Payments, in this episode we are going to discuss a Major Stakeholder that is not always discussed as much as they should have. As an example, when the EU asked for feedback in preparation for PSD2 the “corporates...
Regulators - Are they helping?
Welcome back to Bitesize Payments, where we delve into the world of payments, exploring their history, how they work, and the key players involved.Today, we're tackling a crucial topic: regulators. Love them or hate them, they play a vit...
ISO20022 - The "cure all"?
Welcome back dear listeners to Bitesize Payments, today we are going to discuss ISO20022. It’s the lingua franca of financial services. We started this journey when we discussed Standards, but ISO deserves a podcast on its own. ...
Standards - They're more interesting than you think!!! No really they are....
Standards hmm that sounds interesting Paul well yep fair point but where would we be without them?Imagine a world where each time you tried to send money to someone, you had to navigate a new process, perhaps even create new accounts, or...
CBDC – The next big thing in Fiat money
Welcome to today's episode of Bitesize payments, where we'll be diving deep into the world of Central Bank Digital Currencies, or CBDCs. The latest revolution in Fiat Money since the bank note. From their origins to their potential impact on th...
Crypto - The red pill or the blue pill
Welcome to back dear listeners to Bitesize Payments. Today, we delve into the world of cryptocurrencies. They are digital natives in a payments world that is mostly analogue, the technology behind them is genuinely impressive however they intro...
RTGS part 2
Dave and I thought that there was so much to discuss around RTGS that we decided that we need 2 podcasts. So here is part 2…. We are going to discuss a little of their history and dive into why RTGSs are so critical….Be...
Governmental Bodies - The Treasury, Central Banks, and payment operators.
Welcome back dear listeners to Bitesize Payments. Today, we're going to explore a topic that's at the heart of every country's economy: our governmental bodies – The Treasury, Central Banks, and payment operators. Their roles ...
Real Time Gross Settlement part 1
Today we will be discussing something that underpins every major economy and is of vital importance to the flow of money yet is probably totally unfamiliar to many people - Real-Time Gross Settlement systems, or RTGS for short. I’m joined again...
