James Tomaney

James Tomaney

Chief Operating Officer at Renovite Technologies Inc
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Bio COO for an innovative software company building payments solutions for the 21st century Career History Q-ATM Ltd 2010-1017 FSS Technologies (interim) 2010-1012 Barclays Bank 2009-2010 Wincor Nixdorf 2006 - 2009 Level Four Software 2005 - 2006 ACI Worldwide 1997 - 2005


Innovation in Financial Services

Why Technology Will Drive Competitive Advantage in the Payments Industry

14 Sep 2021

Recently, I have seen a growing number of decision makers in financial institutions taking a different approach to technology. This is because they have realised that many of the systems they relied on in the past on are now struggling to cope, and there are major questions about their future resilience. According to an Accenture report this June,...

Banking Architecture

Low Code Techniques And Open APIs Can Unlock Payments Processing

14 Jan 2021

This week, I read an interesting paper from Newgen Software about the application of “low-code thinking” to their business process automation domain. The paper highlighted the critical need for speed in a modern enterprise in order to respond to strategic and competitive threats. It suggests that the speed with which an organisation gets from a st...

The Payments Business

Payment Solution Architectures For The Post-Pandemic World

07 Jan 2021

The surge in electronic transaction volumes in 2020 was driven by the switch to contactless card payments and the increase in e-commerce, triggered by the behavioural changes of consumers faced with the COVID19 landscape. Sudden, unpredicted increases in transaction volumes frequently cause problems in the payments infrastructure. The perceived ...

Banking Architecture

Reliability, Scalability and Availability - The Architectural Pillars Of Payments Solutions

14 Dec 2020

"In 2008 the hubris of the financial sector that we serve finally caught up with itself. Mountains of consumer debt that had been packaged, re-sold and deferred turned out to be unserviceable and the whole edifice came tumbling down." I wrote this in a blog sometime ago - it is still true! Now commentators are wondering whether the cyc...

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