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
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.
We say Europe, but what do we mean? What’s the EU, SEPA, and EEA? We will walk you through that.
Obviously, European history is a little more complex as, among other things, we had nearly 30 different currencies and all that entails.
Last time Eric spoke, we discussed the USA from a European's point of view. Today we are going to do the reverse.
I have always been amused and confused by our differences. Mostly, we can sort out our language to smooth things over and understand each other, as at the end of the day, payments are just that – payments.
However, the EU has a few – well, maybe a lot – of complexities that are not always clear and frankly are a little fuzzy even for us. But it’s basically a lot of countries now trying to work together as a single (ish) entity.
I have spent a lot of my career working for US firms, and it became almost a second skill to try and speak Europe to my North American colleagues.
Let's dive down the rabbit hole. 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