Transaction banking

3351 articles tagged with this keyword

/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

ABN Amro applies blockchain tech to the logistics sector

ABN Amro is working with Dutch university TU Delft and a host of other partners to test the use of blockchain technology in the logistics sector.

/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

Singapore and international banks to construct interbank blockchain network

The Monetary Authority of Singapore (MAS) is partnering R3 and a consortium of financial institutions on a proof-of-concept project to conduct inter-bank payments using blockchain technology.

/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

Tungsten agrees sale of banking business

Supply chain finance outfit Tungsten has won approval from UK regulators for the sale of its banking offshoot to Wyelands Holdings.

/Transaction banking

EBA launches PSD2 practitioners' panel for account-servicing PsPs

The Euro Banking Association (EBA) is launching a Practitioners’ Panel to foster an exchange on PSD2-related implementation issues at a pan-European level.

/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

Swift goes live with new eLearning platform

SWIFT announces that its new eLearning platform, SWIFTSmart, is now live with more than 200 individual courses and videos, including customised training programmes for cyber security and financial crime compliance.

/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.

/Transaction banking

Avoid pain of point solutions for PSD2, real-time

Alex Kwiatkowski, Senior Strategist, Banking and Digital Channels, Misys and Paul Curry, Product Manager, Payments and Messaging at Misys, discuss how data is the lifeblood of banks looking to capitalise on open banking opportunities and the need to tackle PSD2 and real-time payments with end-to-end strategies, rather than one challenge at a time.