Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre.
Please read our Privacy Policy.

Accept
Channels
Blog article
See all stories »

Channels

Payments

Group

EBAday
External | what does this mean?
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

EBAday 2013 - the countdown is on

EBAday 2013 is approaching fast and the community is gearing up to discuss again the challenges that banks and their payments and infrastructure providers are likely to face in the future.

As 2013 begins, the next five to seven years promise to deliver a rapidly changing landscape as increasing globalisation, electronification and mobility is expected to change the face of payments and transaction banking. The key forces and factors influencing the landscape of today can be illustrated as follows:

The processing capacity that each individual has now at hand will grow in the future. Processing capacity will change the manner consumers and corporate customers behave. Payments production will increasingly gravitate around predictability and richer information, while payments consumption will be determined by convenience and immediacy. Interaction between banks and their customers will be defined by freedom and customisation. From a B2B, B2C or P2P perspective, there will be a wide variety of situations related to payments production, consumption and interaction. The underlying trend is that convergence is happening around transactions and the customer experience. The focus is shifting from product-orientation to client-orientation, while payments are moving to a point of commonality.

This year, let us explore together how to build new common value propositions that go beyond cost reduction and beyond traditional borders and discuss how our industry can best adapt to upcoming changes in market context. The countdown is on!

3555

Channels

Payments

Group

EBAday
External | what does this mean?
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Report abuse

Comments: (0)

Join the discussion
Daniel Szmukler

Daniel Szmukler

Director

EBA

Member since

08 Mar 2007

Location

Paris

Blog posts

17

Comments

5

More from Daniel

This post is from a series of posts in the group:

EBAday

EBAday is the annual event for European payments professionals organised by Finextra and the Euro Banking Association. This community has been created to deliver a forum for EBA delegates to exchange views on instant payments, open banking and new developments in payments processing and technology.

See all
Community
See all blogs »
The Payments Business 

How payment evolution can drive conversions

Sunil Jhamb

Sunil Jhamb

 

Enabling Instant Payments Doesn’t Happen in an Instant

Nicholas Bradford

Nicholas Bradford

Transaction Banking 

Corporate Account Structures, Payments and Intra-Day Liquidity Management

Tapan Agarwal

Tapan Agarwal

Banking Strategy, Digital and Transformation 

Banking on Uncertainty: It’s Time for a New Approach

Andrew Beatty

Andrew Beatty