A picture of a Thomas Tittelbach, giving his opinion into the European Payments Initiative

finquiry #3: Thomas Tittelbach on the European Payments Initiative (EPI)

One key goal of the European Union is to establish a unified economic and financial system. Yet, in terms of payment schemes, the Union presents fairly non-uniform today. Regulatory reforms like SCT Inst and PSD2 have only laid the foundations of a profound rebuild of the European financial system. Today, the EU’s financial landscape is still characterized by national payment systems and dominated by US card schemes like Visa, Mastercard and PayPal. 

With the launch of the European Payments Initiative (EPI), this shall change. EPI – formerly also known as Pan-European Payments System Initiative – aims to establish a payment scheme and interbank network that’s applied throughout Europe.  

However, while backed by the European Central Bank the initiative is also met with scepticism. For our fintech interview series “Finquiry” we have spoken with payment and business development expert Thomas Tittelbach about the chances, risks and prospects of EPI. 

Our Guest: Thomas Tittelbach, Managing Partner at aye4fin

Our interview partner Thomas Tittelbach has been a force in the international payment industry for over 20 years. As a serial entrepreneur, he has co-founded and directed the payment companies omba and Payreto and acted as Head of Payment for Clickandbuy. Currently, he applies his extensive skills in P&L, operations, product and partner management as well as his in-depth knowledge of fintech, payment orchestration and business strategy at aye4fin as a Managing Partner. 

Thomas is also a member of the Associate Committee of the CNP Payment Forum. 

Read More
Bogdan Dinu, Head of Product at Thunes and interview partner in this cross-border payments talk.

Finquiry #2: Bogdan Dinu on Cross-Border Payments

Since the dawn of the Internet age, global economies have grown closer – as did the underlying financial systems. Today, we can digitally purchase a product with materials from Eastern Europe, produced in Singapore, refined and branded for sale in Canada, and eventually shipped to Brazil. All countries involved in this supply chain have to maintain financial relationships and this also necessitates numerous cross-border payments.

However, that’s easier said than done. Complying to all regulations, security processes and technical requirements necessary to move funds from one country to the other comes with high efforts and costs for service providers.

For our fintech interview series “Finquiry”, we have asked cross-border payments expert Bogdan Dinu to break down what goes behind facilitating effective and low-cost transfers.

Our Guest: Bogdan Dinu, Head of Product at Thunes

Our interview partner Bogdan Dinu is the perfect expert to lead us through the dense jungle of the cross-border payments landscape. As the Head of Product in leading global payments network Thunes, he is set to support the business through its next phase of global expansion. 

Read More
Portrait of Andrei Martchouk, interview partner of the first finquiry episode, talking about blockchain and cryptocurrencies.

Finquiry #1: Andrei Martchouk on Blockchain

The financial industry of today and tomorrow branches out in many directions. As providers of software foundations for e-wallets and payment processing systems, we plant the roots on which your trailblazing financial products can stand firmly. Yet, with catchwords like  “PSD2”, “fintech”, “blockchain”,” neobanking” and “robo-advisory” entering the scene every day, it’s easy to miss the forest for the trees.

To keep oneself up-to-date on the newest industry developments, what better way than to ask the experts. In our new blog series “Finquiry”, we interview professionals about the today and the tomorrow of the financial industry. 

Our Guest: Blockchain expert Andrei Martchouk

Our interview partner Andrei Martchouk is Managing Director and Co-Founder of KI decentralized GmbH. We have asked him about blockchain and the cryptocurrency sphere. 

Read More