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Latest thinking in respect to Banking Strategy, Digital and Transformation. Harnessing our collective wisdom to make banking better. Ambrish Parmar
As the owner, you will also give up ownership if you leave this group.
John Bertrand MD at Tec 8 Limited
Why PS24/7 Faster Payments APP scams reimbursement is needed From 2017 to 2023 Bank/PSPs retained £1.7 billion, an average of £240 million a year of money dishonestly taken out of bank accounts. The holder of the bank account was held liable and could not reclaim their money. Over a million cases reported were reported and a further 40% went unr...
21 March 2025 /payments /regulation
The cross-border payments are one of the fastest growing transactions in the world. In 2017 the value moved was $150 trillion and by 2027 is expected to reach $250 trillion. This growth in volume is accompanied by a dramatic shortening of payment delivery from at least 24 hours to instant. International Payments are starting to move off the 19th C...
09 March 2025 /payments /markets
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
The payments landscape is rapidly evolving, and 2025 promises to bring significant advancements in how businesses and consumers interact with financial technology. As innovation accelerates, organizations must stay ahead of these changes to remain competitive. In this article, we explore the top payment trends shaping 2025 and how businesses can pr...
26 February 2025 /payments /retail
In the UK, H1 2024, £570 ($720) million was stolen in payment fraud of which Authorised Push Payments) Payor to Payee bank accounts accounted for 30%. From 2020 to 2023 £1.4 ($1.8) billion has been scammed from customer bank accounts. Fraud accounts for 40% of all crime in England and Wales. In the US, traditional payment fraud totals $4 with onli...
21 February 2025 /payments /regulation
As we navigate through 2024, a concerning trend is emerging in the payment fraud landscape: while case volumes are declining, the financial impact per case is intensifying. This paradox reveals a sophisticated evolution in fraudster tactics that demands our attention - and different approaches for personal and business sectors. The Numbers Tell a ...
21 February 2025 /payments /identity
Steve Morgan Banking Industry Market Lead at Pegasystems
In 2024, the banking sector had quite a year! From a regulatory perspective, the EU AI Act was introduced reinforcing transparency as well as the safe, ethical, and responsible use of AI. The law is particularly important and relevant for the banking sector as AI technology (especially statistical AI) is already used broadly in credit checks as we...
28 January 2025 /predictions
Retired Member
Neo banking, the digital-first alternative to traditional banking, has emerged as a disruptive force in the financial sector. As the financial landscape shifts towards more technology-driven solutions, neo banking software with source code is rapidly gaining attention among fintech innovators. By providing ready-to-use banking solutions coupled wi...
25 January 2025 /payments /crypto
Alex Kreger Founder and CEO at UXDA Financial UX Design
Despite a significant investment of $150 million in its development, HSBC's international cross-border payments app, Zing, launched in January 2024, is slated for closure. Zing, HSBC's Fintech venture, launched with the ambitious goal of disrupting the international payments market and rivaling established Fintech players like Wise and Revolut. An...
24 January 2025 /retail /startups
Sergio Barbosa CIO of Global Kinetic, and CEO of FutureBank. at Global Kinetic and FutureBank
Banks around the world are rushing to upgrade legacy systems that are placing them at a significant disadvantage in a time when they are already challenged by neo banks that have none of the same infrastructural baggage. But as RFPs mount up, the C-suites have been warned not to adopt a core migration strategy that could come back to bite them. T...
20 January 2025
Lewis Ide Vice President at 10x Banking
In banking, every millisecond counts. Customers today expect hyper-personalization, instant information and rapid responses from their banking providers. Yet for many banks, the path to a better, faster, and more agile service is obstructed by a formidable challenge: migrating to a new core that can deliver the experiences that customers now dema
13 January 2025 /ai /cloud
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