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Now is a good time to discuss real time liquidity management. The benefits are obvious especially as we enter into a longer term higher interest rate environment. I agree that industry collaboration is very important. Since most coporations have mutiple banks that they use globally for liquidity management purposes, it would be beneficial to take a client focus. Individual bank competion would be on who provides the best mousetrap.

There are a couple of other things that could accelerate this massive change. The first is a real time corporate "Payments Hub" that can trace, monitor, and manage funds management execution with cognitive predictive insights to optimize funds management value. The second is the use of a private shared secure blockchain application that could account for funds movement among banks.

I would bet my money on Warren Buffet. I understand crytocurrencies but until they behave like real mature currencies, they are nothing more than a lot of market hype. This market needs some adult supervision 

It is great to see the progress  with Blockchain. As technology becomes cheaper, better  and  faster advances in Blockchain applicability will accelerate in  the next 10years. AI coupled with Blockchain is a winning combination for businesses. I envision a broad range of new business models  that will improve business  value and productivity for financial institiutions. Tomorrow's business leaders will  have a combination of IT,  statistics, and operations research skills.

If Zelle can develop an effective marketing program there is no reason why they will not be successful. A potential market of 8,000 banks trumps PayPal.

Someone must have been asleep at the wheel or someone did not want to respond to an obvious threat. Sounds like an executive management problem to me!

This makes a lot of sense to me. It will enable them to grow core banking activities which will be more profitable than just payments acceptance.

The basic problem is digital banking, payments and commerce are all fast moving targets. Technology and consumers enablement are both changing very rapidly. I forsee a day when both Visa and Mastercard will loose their market relevance. There are huge differences between geos from a maturity curve perspective. There are emerging ecosystems that are still undefined and many more are on the way. Take a look at the Zelle and The Clearing House efforts. They could be the new Visa's and MasterCard's of the future. The life span of a Fintech is until it runs out of money. What's should a bank or even a Fintech do? A core need is to build a platform that is flexible in its architecture. An  API layered based architecture can help. Investment in a solid core moden infrastructure will yield more long term benefits than some shiny new front end.

I support this hybrid strategy. Now comes the execution which is the hard part. Banks will need supper change agents with lots of agility. Data will the fundamental source of fuel for change.

In this article there were not any examples of success stories. Where's the "beef"?

Wow! Monetise was at point the next best shiny thing not too long ago. Expectations change fast in this business.