RedCompass Labs

12 results about this entity

Period: 20 Feb 2024 - 04 Dec 2024

/ai

Is Applied AI the Future of Payments Modernisation?

AI is often seen as a catch-all term, but within it lies the transformative power of Applied AI—a targeted, focused approach with real-world impact. At Finextra’s inaugural ‘NextGenAI’ event, Raquel Gomes, Head of Innovation at Red Compass Labs, shared her passion for Applied AI in the FinextraTV studio. In her interview, she explored how applied AI is revolutionizing payments modernization while emphasizing the vital role of keeping humans in the loop to ensure accountability, accuracy and transparency

The Future of AI in Financial Services 2025

960 downloads

/ai

NextGen: AI – Join Finextra in London next week

Join us in London on 26 November to explore the current AI challenges, opportunities, and the future of AI in financial services.

/ai

RedCompass Labs unveils payments AI

RedCompass Labs, the global experts in payments modernization, has launched the world’s first multi-agent AI solution engineered specifically to accelerate payments transformation: AnalystAccelerator.ai.

/ai

NextGen: AI – Meet the speakers

Join Finextra at our inaugural London event next month to redefine the role of AI in financial services.

/ai

Banks to use GenAI for shift to instant payments

New research from RedCompass Labs, a world leader in payments modernization, has revealed that over half (54%) of banks are planning to leverage generative artificial intelligence (AI) for the shift to instant payments and other payments modernization projects, while four in ten (42%) are actively considering the possibility.

/security

Banks believe they're eight month behind criminals

New research from RedCompass Labs, a world leader in payments modernization and financial crime red flags, reveals that US banks believe they are eight months behind criminals, with the largest institutions believing the gap is as wide as 23 months.

/payments

European Instant Payments Regulation: Are Banks Ready?

At EBAday 2024, Kjeld Herreman, Head of Strategy Advisory, RedCompass Labs, discusses the fast approaching deadlines and how financial institutions can be best prepared for the SEPA instant payments regulation. The conversation explores how the deadlines are short, with just nine months to ensure banks are receiving instant payments and 18 months to send instant payments. Further, ensuring Verification of Payee operates across all channels is a colossal task and with banks no longer able to charge for instant payments, the industry can expect hundreds or even thousands of friction-free transactions per second, but a lot of work needs to be completed before that point can be reached.

/payments

EBAday 2024: Navigating the oxymoron of cross-border real time payments

The second day of EBAday 2024 in Lisbon kicked off with exciting panel sessions discussing real-time payments.

/payments

US banks are failing to meet the demand for instant payments

New research from RedCompass Labs, a world leader in payments modernization, has revealed that US banks are failing to meet demand for instant payments.

/payments

EU banks worried about 'unrealistic' instant payment deadlines

A third of EU banks do not currently offer an instant payments service and the majority have been discouraged by the January 2025 deadline, according to recently published research.

/people

RedCompass Labs appoints Trevor LaFleche and Kellie Johnson to senior posts

RedCompass Labs, a world leader in payments modernization, has appointed Trevor LaFleche as Head of Product and Kellie Johnson as SVP for the Americas to fuel the company’s growth plans.