Community

Biometric authentication will be next wave of change expected for payments as well as other banking services. Good to see more players showing interest.

This episode is not new. I have witnessed similar issues with few of my Ex-customers. To build confidence in management about timely completion of project and earn brownie point overlook critical aspects of platform - scalability in production setup, BCP/DR , IT security, operational process testing and even sometimes soft launch also.

I can guess to rope in IBM Experts must have worked on Banco Sabadell 's banking platform in past.

Full marks to FinTech startups - Piasabazaar ( More in news on TV) for better digital onboarding process than bank.

iZettle wants to do Shopfiy.... Interesting observation as they have identified good addressable market for themself with Shopify Model which is already proven.

Is it, to get into Back door entry for Universal banking services for PayPal?

What ahppens to those millions of dollars spent on Business Countinuity and Disaster Recovery investment made by the bank. For Outage period of 8 am to 7 pm which is around 11 hours. 

We design application and Infra landscape for RPO RTO of less than 5 to 10 mins or lesser but, never get clue on those systems being fired for use in such critical outage.

BBVA is feeling Amazon GO effect :)

Bradesco is big name in Brzilian banking as well as known for few First under their belt but never new they needed marketing pitch to promote IBM Watson and Cloud services.

It seems that App will work with NFC based phone because it ask user to place the phone over the Electronic Chip? Chip may be storing photo which gets accessed and used for Facial recogniation.

@Dharmesh, Industry/vendors have been proposing several models not only for IoT but also for digital banking but, bankers mostly busy finding ways opening more account ( to get more deposit) and more ways to lend !!!