PAYMENTS
“ The core challenge lies in aligning fragmented regulatory frameworks across jurisdictions”
MARCIN GLOGOWSKI, SVP AND MANAGING DIRECTOR OF EUROPE & UK CEO, MARQETA
Process streamlining delivers measurable business outcomes.“ Eliminating frictions in disbursement processes and improving cash flows for end users helps institutions foster trust and reduce churn,” he adds.
Navigating global regulatory complexity As real-time payment systems become increasingly interconnected internationally, regulatory compliance presents mounting challenges. Different jurisdictions maintain distinct frameworks that payment providers must navigate simultaneously.
“ The core challenge lies in aligning fragmented regulatory frameworks across jurisdictions,” Marcin explains. This fragmentation creates significant operational complexity for international payment providers. The technical capability to move money rapidly across borders contrasts sharply with regulatory frameworks designed for slower, traditional payment systems.
“ While technology supercharges the flow of money, navigating GDPR and Anti-Money Laundering procedures and the spread of different data requires constant vigilance,” he reveals.
Payment companies must develop adaptive compliance infrastructure capable of accommodating diverse regulatory environments.
“ To combat these challenges, organisations need to focus on building systems that can adapt to varied regulatory environments and promote consistency in the user experience with compliance infrastructure embedded throughout,” Marcin says.
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