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Transaction Banking

A community for discussing technology trends, views and perspective in global transaction banking

Martin Bailey

Martin Bailey Technology Product Director at Temenos

The price we pay...

Some things are very easy to put a value on such as a loaf of bread or a pint of milk. Services are harder to value and prices can vary wildly especially in different geographies. How much should we pay for financial services? I am lucky enough to live in the UK where free retail banking is de rigueur. For the most part, unless you want to dip into...

/retail

Enrico Camerinelli

Enrico Camerinelli Supply Chain Blockchain Personal Coach at Aite Group

New frontiers for Transaction Banking IT

I have come to the conclusion that readers want to get straight to the point when they read blog articles. Therefore I will outline my opinions in a series of short sentences that should facilitate reading and highlight the relevant points for discussion. If—instead—I am wrong with this assumption just let me know and I’ll turn to a more “orthodox...

/wholesale

Enrico Camerinelli

Enrico Camerinelli Supply Chain Blockchain Personal Coach at Aite Group

The future of transaction banking? Not a secret

To understand how Transaction Banking (TB) will evolve there's no need for crystal balls. Just look at what's happening in the procurement departments of the corporate world, and you get a sense of it. I recently attended a presentation showing the likely evolution of the role of a corporate procurement department. It follows a lifecycle roadmap w...

/payments /wholesale

Retired Member

Retired Member 

Me and my data 2.0

Who owns my data and where it is? Google has a lot of info about me, banks and insurance agents have it too, credit card companies carry a lot of payment data about me plus several other companies and administational organisations. What if some of the data is out of date but based on this data my insurance is determined without telling me where da...

/regulation

Martin Bailey

Martin Bailey Technology Product Director at Temenos

Guilty as charged!

There is nothing so unjust as when you have to pay for something that you think should be free or if you have to pay far more than the value that you perceive. News on the Internet, credit card annual fees, tomato ketchup sachets to go with your sandwich, credit card surcharges or ticket booking fees for example. In many parts of the Western world...

Olivier Berthier

Olivier Berthier CEO at Moneythor

Transaction Banking gearing up for transformation

Kudos to the Transaction Banking practice of PwC for recently publishing their updated review of the trends in and around transaction services. It is a recommended read and does a good job at summarising the market forces at play and what they mean for Transaction Banking, indeed gearing up for a need to transform in a big way to stay relevant. K...

/wholesale

Andy Hunter

Andy Hunter CEO at Perficiam Ltd

The Law Of Unintended Consequences

When, in 1984, the marketing team at Midland Bank first removed charges from some personal accounts, they couldn't have guessed at the long term consequences for the UK retail market. At a time when cross sales of new services like mortgages and structured savings products was beginning to drive retail revenues, their objective was to win more c...

/payments /retail

Retired Member

Retired Member 

Where is the value in payments?

Value is a concept that means different things for different people in the value chain. Understanding each perspective is vital. For consumers, under most circumstances, payments should be like an international airline flight – it should be unremarkable. Nobody wakes up in the morning and wants to buy a payment. And every consumer is looking for a ...

/payments

Barry Kislingbury

Barry Kislingbury Lead Solutions Consultant at ACI Worldwide

A day in the life of SEPA

January 31st 2012 was a SEPA day for me. First I had to present to the Misys Banking leadership team on what the news around SEPA migration dates means for the market, I had a new EPC news letter to review, all 51 pages, and then the Financial Service Club was running an event called Is SEPA happening and does it matter? It all seemed to re-start...

/payments

Enrico Camerinelli

Enrico Camerinelli Supply Chain Blockchain Personal Coach at Aite Group

No need to reinvent the wheel-Part Two

Happy 2012. In this second part of my post I will address other points that make the experience of B2B solution providers so relevant to those financial institutions involved in developing global transaction services on platforms. The examples come from the history of Ariba, a company that had the vision to use the Internet to enable companies to ...

/wholesale

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