Simon Wilson

Regional Head, Sales Europe and Sub-Sahara Africa at Volante Technologies

Message Posts: 7 Comments: 2

Bio Helping customers transform payments to compete, collaborate and innovate at much lower cost Career History Over 20 years working with Financial Institutions, most recently focused on payments and with a specialism in the emergence of Real-time payments globally

Blogs

Is Monetising Data the Key to Competing in Payments?

04 May 2021

As competition in payments has increased, data has long been touted as the cure-all for incumbent banks. If banks could charge a transaction fee for every time they are told that ‘data is the new oil’, then there would be no need to worry about competing. But the inconvenient truth is that despite the vast amount of customer data that banks sit on...

5 ways banks can compete in payments

21 Apr 2021

Remaining competitive in payments is the key to future relevance and profitability for incumbent banks. But with incumbents now competing on multiple fronts against various players, how can they stay ahead of the competition? 1) Reshape attitudes towards data With the competition eroding banks’ traditional margins, a shift from a transaction-b...

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Long reads

2021 Predictions: Realising the Value of Payments Transformation

05 Feb 2021

It has been said that prediction is very difficult, especially if it’s about the future. The unprecedented events of 2020 demonstrated quite how difficult it can be. The monumental uplifts in digital volumes, shifts in customer requirements and broader economic impact would have been (and frankly still are) barely conceivable. As such, financial ...

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Simon is Commenting on

Dutch banks told to stop using payments data for personalised marketing

Bonkers in my view! Just give customers the choice... it's not the banks data or the Dutch DPA data.... it's the CUSTOMERS to do what they want with. European regulation overeach writ large. Would be MUCH better to spend their attention on enforcing rules that allow customers to simply and easily control access to their data (have they looked recently at the options on most websites cookie consent etc.?)

10 Jul 2019 Reply Read article

How PSD2 will revolutionise Government Stats

Mike. I like the angle... but I have to question your final conclusion... "All of which will lead to better economic forecasting and ultimately more effective policy decisions." Assuming our politicians make decisions based on data (and therefore logic) is a big leap... whilst there is opportunity the actual impact, I think, will be much less!

08 Nov 2017 Reply Read article