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.......
Bitesize Payments
Cheque or checks? – writing letters to the bank
Welcome Dear listener to Bitesize Payments where we talk about their history how they work and who does what.
In this episode we are going back in time to 1659, we are going to talk about a method of payments that goes back literally centuries, we still use them today and in some countries are really popular and more efficient than you might think.
Yes, today we are going to discuss Cheques or Checks depending on where you are in the world.
Cheques were there first payments instrument that were not money (fiat money that is, if you have been paying attention ). They were first used in 1659 in a London tavern and so starting the fintech revolution. But we have been using them since then..
Today I am so please to be joined today by Dougie Belmore, Head of Payments @ Pay.uk.
It’s a bit like writing a letter to the bank….. so get your pens out were doing writing!!!!
Buckle up here we go….
Payments Industry Insights
History of Payments
Payment System Explained
Corporate Payments Strategy
Payment Regulations Impact
ISO20022 Standard
Digital Payments Evolution
CBDC Advancements
Cryptocurrency in Payments
Financial Technology Education