Latest EBAday News: Finextra Research

EBAday 2020: Are banks failing customers?

The question of whether banks are failing to provide the services customers expect was the subject of a heated panel debate during a lunchtime roundtable on Day Two of EBAday.

26 November 2020

News/payments

EBAday 2020: Lack of technical understanding a challenge for ISO 20022 adoption

Despite being waist-deep in its transition toward ISO 20022, the migration strategies held by financial institutions and schemes are still riddled with complexities.

25 November 2020

News/payments

EBAday 2020: It’s do-or-die time for real-time payments

Launching into the session ‘Reaping the potential of real-time payments’, Dean Wallace, director of real-time payments, digital and request to pay, ACI Worldwide argues that the expectations of the market will only continue to evolve, pressuring financial institutions to finalise their real-time payments (RTP) strategy.

25 November 2020

News/cloud

EBAday 2020: Banks, fintechs or card networks, what will be disintermediated after cloud adoption?

While day one discussions centred around how open banking needs to reach a point where it is just accepted as a conventional way that consumers, corporates and banks can manage their accounts and make payments, panel sessions on the second day of EBAday 2020 focused on how the cloud and Payments as a Service (PaaS) can also act as an enabler for open banking, potentially cutting out rails that are currently acting as intermediaries.

25 November 2020

News/crypto

EBAday 2020: Stablecoins could pose threat to level playing field in payments landscape

The level playing field of payment services could be undermined by the widespread use of stablecoin network, according to Maria Teresa Chimienti, market infrastructure expert at the the European Central Bank.

25 November 2020

News/payments

EBAday 2020: Is corporate uptake Request to Pay’s golden ticket?

Keeping listeners glued until the last moments of EBAday 2020 session ‘Request to Pay, what’s possible?’, moderator Leo Lipis, CEO, Lipis Advisors, challenged panellists with a particularly popular audience-submitted question: given that the very nature of Request to Pay outlines a shift in the economic balance for typical payments, from a market perspective, what is the actual business case for R2P?

25 November 2020

News/payments

EBAday 2020: Digital payments should be synonymous with convenience

Diving into the sessions on day one of EBAday 2020, defining the direction of travel for digital payments was resoundingly clear: mobile-led convenience.

24 November 2020

News/payments

EBAday 2020: Batch processing gives way to the instant payments revolution

At EBAday 2019 in Stockholm, Deutsche Bank’s Koral Araskin highlighted that if instant payments is the new normal, banks will heavily depend on cash buffers to cover all payment flows - even those which come outside of normal working hours. "Is this really meaningfully achievable?" he pondered last year. The events of 2020 and the impact of Covid-19 have truly shown that it must be achievable.

24 November 2020

News/payments

EBAday 2020: Open Banking will be a success when we stop talking about it

Open Banking’s success will be confirmed when it is longer talked about, according to Dan Globerson, head of open banking at NatWest.

24 November 2020

News/payments

EBAday 2020: Correspondent banking is faced with a paradox

Correspondent banking is faced with a paradox: while connections are declining, volumes are growing. Banks must adapt to meet future client demands and deal with the massive changes on the horizon.

20 November 2020

News/payments

EBAday 2020: payments innovation on fire

Visa recently launched its Tap to Phone technology, enabling Android handsets to accept NFC payments via an app which will allow users to accept contactless payments within minutes of download. This is now live in parts of Europe, the Middle East, Africa, APAC and Latin America with the US to follow in 2021.

06 November 2020

Company update/payments

SIA enables Request to Pay for Banca Sella

SIA, a leading European hi-tech company in payment services and infrastructures controlled by CDP Equity, will enable banks, corporates, public administration bodies and fintechs for the new service “Request to Pay” (R2P) on EBA Clearing’s technology infrastructure, compliant with the European Payments Council (EPC) scheme.

02 November 2020

News/people

EBAday 2020: Chris Skinner announced as challenge speaker

EBAday 2020 has been injected with a healthy dose of energy and controversy with the announcement that Chris Skinner will be appearing as the keynote challenge speaker.

30 October 2020

News/security

EBAday 2020: Fraud and cybersecurity - hitting the moving target

The COVID-19 pandemic has led to increased challenges for financial institutions who had to react quickly to the situation, with employees working remotely and increased communication taking place digitally.

23 October 2020

News/retail

EBAday 2020: Open Banking – where do we go from here?

Recent research from ING suggested that consumers remain suspicious and uninformed about open banking despite it now being firmly embedded into the financial services ecosystem across parts of Europe and elsewhere.

16 October 2020

News/payments

Capgemini World Payments Report 2020: 38% discover new payment provider during Covid-19 lockdown

More than a third of consumers discovered a new payment provider during the Covid-19 crisis, according to Capgemini’s World Payments Report 2020.

06 October 2020

News/payments

Real-time payments - seize the momentum at EBAday 2020

Mastercard and ACI Worldwide announced they were partnering to provide a range of global real-time payments solution, aiming to offer “best in class central infrastructure” to banks and other financial solutions.

02 October 2020

News/EBAday

EBAday pushed back to November

After much deliberation, and with the health and safety of all attendees uppermost, Finextra and the Euro Banking Association have decided to push back the date of this year's EBAday conference to 25-26 November.

12 March 2020

News/regulation

Transformative regulation finds its feet in 2020

The true benefits and complexities of transformative regulation across financial services is set to become reality in 2020, as firms work to prepare and implement systems to meet compliance standards while maintaining a competitive edge.

06 March 2020

News/EBAday

EBAday 2020 to address 'the turning point in payments transformation'

Registration has opened for EBAday 2020, Europe's premier payments and transaction banking conference, taking place this year in The Hague between 19-20 May.

07 February 2020