Sponsors and partners
Tomorrow's Transactions is sponsored by:
Visa Europe is a payments technology business owned and operated by member banks and other payment service providers from 37 countries across Europe.
Visa Europe works at the forefront of technology to create the services and infrastructure which enable millions of European consumers, businesses and governments to makeelectronic payments. Its members are responsible for issuing cards, signing up retailers and deciding cardholder and retailer fees.
Visa Europe operates a high volume, low cost business model that provides services to its members. Its surplus is reinvested into the business and used to improve capital and reserves. In the last six years, Visa Europe has invested over €1 billion in new technology and infrastructure.
There are 470m Visa cards in Europe while €1 in every €6.75 spent in Europe is on a Visa card. Almost 80% of Visa Europe's business is on debit cards and, in the year to December 2012, over €1 trillion (1.05tr) was spent on Visa debit cards. Annual online spending on Visa cards in Europe topped €200 billion (€212bn) for the first time in this period and now accounts for more than 20% of Visa Europe’s processed business.
Since 2004, Visa Europe has been independent of Visa Inc. and incorporated in the UK, with an exclusive, irrevocable and perpetual license in Europe. Both companies work in partnership to enable global Visa payments. As a dedicated European payment system Visa Europe is able to respond quickly to the specific market needs of European banks and their customers - cardholders and retailers - and to meet the European Commission’s objective to create a true internal market for payments.
For more information, please visit www.visaeurope.com
VocaLink designs, builds and operates world-class payment systems and ATM switching platforms. We operate the UK national payments infrastructure, a national grid for payments.
VocaLink's innovative, sustainable, and highly efficient payment services touch the lives of almost every person and business in the UK. Through our systems we process over 90% of UK salaries, more than 70% of household bills and almost all state benefits. VocaLink technology powers the Bacs and Direct Debit schemes as well as connecting the world’s busiest network of over 65,000 ATMs through the LINK scheme.
Our platforms have made it easier to make payments confidently, securely and cost effectively. Last year we processed over 10 billion UK transactions with a value of £4.9 trillion.
VocaLink, with its vision and proven capability, is leading the way in payments. We provide the infrastructure for the Faster Payments Service, which helps businesses and individuals realise the value and benefit of real-time payments. VocaLink is at the forefront of mobile payments, driving a new era of ultra-convenient commerce.
With a presence in over 80 countries, Fiserv brings innovative financial technology solutions together with deep industry and local expertise to help financial institutions operating throughout the world grow, work more efficiently, and better manage and protect their business. Fiserv understands the diverse business drivers that make each market unique, and our centers of excellence in North America, Europe, India, Latin America and New Zealand drive development of solutions in mobile and online banking, payments, processing services, risk, compliance and insights & optimization.
Coffee/tea breaks sponsor:
Olswang is a pioneering law firm with a distinctive approach to business and an engaging culture.
The firm has an unparalleled Technology, Media and Telecommunications practice, and is the firm of choice for innovation in the UK and internationally. Headquartered in London, Olswang has an international presence including Belgium, France, Germany, Spain and Singapore.
The firm has a comprehensive Payment Services offering acting for technology companies, financial instructions, telecoms companies and digital content owners. The practice combines advice on technical matters such as data protection, data security and the law of payments with a detailed knowledge of products launching in the market.
The practice is led by Charles Kerrigan and Craig Rattray.