Anatoli Shevtsov

Open banking is the regulatory and technical framework that requires banks to share customer financial data — with the customer’s consent — with third-party providers via standardised APIs. It is the foundation of a new generation of payment products, from account-to-account payments that bypass card networks to personal finance tools that aggregate data across multiple…

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ISO 20022 is a global messaging standard for financial services — a common language for payments systems to communicate with each other. It is replacing the legacy SWIFT MT message format and is being adopted across CHAPS, SEPA, Fedwire, CHIPS and other major payment rails worldwide. For payments product managers, it is one of the…

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A2A payments are gaining momentum, but replacing cards requires more than lower costs. Trust, protection, rewards, habits, and infrastructure still matter.

Fraud declines vs. no-fraud declines: why false declines quietly cost merchants revenue and how better risk decisions protect legitimate customers.

Network tokenization vs. vendor tokenization: how each model protects payment data, where they differ, and why token strategy affects security, card lifecycle, and approvals.

A clear explanation of payment facilitators, how PayFac models work, who uses them, and why they matter for merchants and payment platforms.

A plain-language guide to payment gateways, how they route transactions, and the role they play between merchants, processors, and card networks.

An overview of the main parties in payment processing, including cardholders, merchants, gateways, processors, acquirers, issuers, and card networks.

Tokenization vs. encryption in payments: how each protects sensitive data, where they differ, and when businesses should use each approach.