Transaction banking

1043 articles tagged with this keyword

/Transaction banking

Designing for what comes after Alexa

Tom Poole, Managing VP, Mobile Commerce, Capital One, discusses the explosion of channels out to the customer, the need to think ahead about how to take services to where the customers are, and how the umbrella term of digital wallet will likely evolve to reflect the different approaches of banks, retailers and tech firms.

/Transaction banking

Fintech not about tech but beautiful experience

Braden More, Head of Payment Strategy at Wells Fargo, talks about the need for banks to lean into innovation, the rise of fintech in the deposit and investing products space, and why the time when fintech valuations cool and fintechs have to come back down to earth is the tipping point to make change happen.

/Transaction banking

Next wave of robo will be active

Jonathan Charley, Deputy General Manager, FS EMEA, SAP, talks about the drivers for the rise of robo advisors, how these businesses are likely to evolve, and how traditional wealth providers should be responding.

/Transaction banking

Fintech solving fundamental problem

Vikas Raj, Managing Director, Venture Lab, Accion, discusses innovations in emerging markets around the use of alternative and new data for credit scoring, and explores the role of fintechs in solving the ‘information asymmetry’ problem that leaves some 3 billion individuals and small businesses around the world without the financial services they need, by giving incumbent banks the data and infrastructure to serve these segments better.

/Transaction banking

Fintech influence on banks good for all of us

Steve Pierson, President of Lovell Minnick Partners, gives an investor’s view of fintech, talking about why advice, insurtech and outsourcing are hotter investment prospects than blockchain right now, the likely evolution of digital lending beyond consumer and how banks are set to learn from – and acquire – fintechs going forward.

/Transaction banking

Building real-time business case for smaller banks

Leo Lipis, Managing Director of Lipis Advisors and Tom Hay, Head of Payments at Icon Solutions, discuss the findings of recent research into the challenges and opportunities for small and medium sized banks of connecting to instant payment systems, and explore options for smaller players to achieve their real-time goals via more cost-effective routes.

/Transaction banking

Data science is next phase of digital journey

Mayank Mishra, Managing Director, Global Head Online Banking & Connectivity Services, Treasury and Trade Solutions, Citi, talks about how banks are progressing with digitalisation, from the first phase of mobile channels through to the next which will leverage data science to improve customer experience and drive new efficiencies, and looks at the likely evolution of banks’ role in innovation.

/Transaction banking

Measuring the value of innovation

Tim Bosco, Head of Innovation Strategy at Brown Brothers Harriman, talks about the challenges of measuring the return on investment of innovation initiatives by banks, and what banks can learn from start-ups when it comes to successful innovation.

/Transaction banking

Calculating the downside - and upside - of PSD2

Petri Syvänne, Head of Accenture Payment Services Nordic, talks about recent progress with PSD2, puts some numbers on the likely revenue losses and gains for Nordic banks as a result of the change and outlines some of the strategic options banks can consider to respond to the new regulation.

/Transaction banking

Embrace APIs and avoid data warehouse future

Mikko Pilkama, VP, Banking Services at CGI, discusses the findings of recent research into areas in which consumers and corporates are dissatisfied with banks, and talks about how banks can leverage the opportunity of open banking to better meet their customers' needs and fend off the threat of losing customer relationships to new entrants.

/Transaction banking

Bringing IoT and payments together

Paul Thomalla, Senior Vice President Global Corporate Relations & Development, ACI Worldwide, discusses the need to link payments more closely to the evolving Internet of Things, especially in the area of connected cars, and the potential for banks to play a leading role in the next wave of IoT-led transformation.

/Transaction banking

The race is on for PSD2 success

Anders Olofsson, Sales & Account Executive and Mikael Lindh, Head of Sales EMEA, Payment Solutions, D+H, talk about the growing demand among corporates for real-time payments and the emerging strategies of banks for PSD2, where some are focused on partnering with fintechs and others building inhouse, and some are emphasising compliance while others major on the business opportunities of open banking and open APIs

/Transaction banking

Omnichannel, ecosystem are transformation gaps

Sebastian Gyhlenius, Regional Executive, API Management and Solution Account Director at CA Technologies, talks about how far banks have come with digital transformation, what more they still need to do, and how they can leverage APIs and partnerships to bridge the remaining gaps in their transformation strategies.

/Transaction banking

Execution is decisive factor for transformation

Fabio Cesaretti, Head of BL Transactional Products and of BL Markets and F&A, UniCredit Business Integrated Solutions, talks about the two-speed IT paradigm banks need to manage to enable digital and legacy components within the same value chain.

/Transaction banking

Blockchain can simplify post-trade world

Robert Palatnick, DTCC Managing Director and Chief Technology Architect, discusses the power of a shared, secured, distributed database to streamline post-trade processes such as proxy voting and corporation-to-investor communication, the contribution blockchain can make to resilience by removing single points of failure, and the fact it will take time to establish the exact value of distributed ledger and to build on successful pilots to simplify the environment going forward.

/Transaction banking

New delivery models support transformation

Robert Browning, Leader, Payments, Financial Messaging Product Management at D+H, discusses the challenges and opportunities of digital transformation in corporate banking, the evolving landscape of new entrants and how emerging delivery models such as payments as a service can help banks to efficiently and cost-effectively transform their operations to keep pace.

/Transaction banking

Banks need deeper corporate relationships

Kevin Brown, Associate, KPMG, reflects on discussions around intraday liquidity, real-time and the Internet of Things during Sibos in Geneva, and talks about how banks can extend their interactions with corporates beyond the treasurer to identify new sources of friction to resolve.

/Transaction banking

Collaboration key to fighting real-time fraud

Jim Wadsworth, MD of Accura, talks about the increased fraud threat in a real-time payments environment, and the value of working together and leveraging technologies such as machine learning to combat this problem.

/Transaction banking

Blockchain too important to ignore

Falk Rieker, Global Head of Banking Business Unit at SAP, discusses the progress of blockchain during the past year, and the importance of collaboration among banks - and between banks and vendors - to derive the maximum benefits from the technology across a range of financial services sectors in the future.

/Transaction banking

Secrets to payments hub success

Freddy Khoo, Head, Wholesale Banking Operations at AmBank Berhad, talks about the risk and service drivers to implement a payments hub, the challenges of integrating with internal and external systems and how to ensure integrity and security are enhanced not diminished in the process.