Profile

Location

Leicestershire

Member since

2005

Chris Vincent

Business Development at Exela Technologies

Message Posts: 0 Comments: 5

Bio Helping organisations to transform their businesses with digital technologies, automation and simplification. Making processes and user experiences better is my passion. Supplying and deploying the latest payments technologies such as New Payment Architecture (NPA) core and overlay services such as Open Banking, Request to Pay (RTP), Image Clearing System (ICS) and Confirmation of Payee (CoP).

Chris is Commenting on

Revolut losses almost double to £207 million

Consumer banking is a challenging place to be at present. Revolut had some great solutions, but open banking and Request to Pay will give the mass market banks much of the functionality consumers want, but in an open environment. There are more opportunities in SME banking, but again the new(ish) OB and RtP functionality will give the high-street banks the tools they need to bring better (and value generating) products to market, but only if they embrace them.

21 Jun 2021 Reply Read article

EBAday 2020: Finding the killer app for Request to Pay

One idea would be fiscalisation

27 Nov 2020 Reply Read article

UK retailers attack Visa and Mastercard over card fees

Innovation will play its part here. Open banking and Pay.UK compliant 'open standard' overlays such as Request to Pay can/will/should deliver ubiquitous real time digital payments, safely, securely and most importantly at low cost. Retailers, banks and billers need to come together to drive adoption.

20 Oct 2020 Reply Read article

VocaLink and BancTec win UK cheque clearing mandate

I fully agree with Nick, let the customer have what they are comfortable with, improve it and take much of the cost out.

31 Mar 2017 Reply Read article