Latest EBAday News: Finextra Research

Achieving Operational Excellence in Real-Time Payments

At EBAday 2024, Roland Brandli, Strategy Director, SmartStream and Zennon Kapron, Founder/Director, Kapronasia, explore their recently released report where findings revealed that in 2023 there were 266 billion real-time payments made around the world, which is a 43% increase from the year before, and represents a 27% of all payments. This surge in instant payments brings with it many complications, for example delays in managing exceptions can lead to additional costs and customer dissatisfaction. With this trend set to continue, how prepared are banks and what are they prioritising?

28 June 2024

Finextra TV/payments

Building the bank of tomorrow

At EBAday 2024, Tsvetanka Nankova, Global Head of Sales, Institutional Cash & Trade Finance, Deutsche Bank, discusses what banks need to do to stay in the game and the key trends driving transaction banking innovation. A new wave of technology and digitalisation is emerging, and with this, and the way in which data and analytics is leveraged is also changing. The discussion explores the critical technology of the future, which includes AI, cloud and blockchain settlement, in addition to the regulations that are setting the guardrails for innovation.

28 June 2024

Finextra TV/payments

Collaboration is key to achieving growth in transaction banking

At EBAday 2024, Bana Akkad-Azhari, Head of Treasury Services EMEA at BNY, discusses the innovations, client demands, and regulatory changes, like ISO20022 migration and T+1 settlement transition, that are reshaping transaction banking. Amid inflation and geopolitical instability, the conversation focuses on how collaboration is key to overcoming challenges and achieving sustainable growth.

26 June 2024

Finextra TV/cloud

Cloud-based payments outsourcing: The strategic choice for banks

At EBAday 2024, Neil Clarke, Director of Payment Solutions at CGI, and Peter Hazou, Business Strategy Leader at Microsoft, discuss the transformative benefits of cloud-based payments outsourcing for banks. With regulators increasingly supportive of this approach, modernising payment systems with cloud-based solutions allows banks to do more with less. These services offer increased scalability, flexibility, and cost savings, enhancing data-driven insights and improving customer experiences.

25 June 2024

Finextra TV/payments

Instant Payments and the Opportunity for New Technology Strategies

Daragh Kirby, Head of Sales & Marketing, Intercope, speaks at EBAday 2024, about how instant payments allows banks to no longer use cumbersome core banking systems to process transactions – whether it be SEPA, cross-border or RTGS payments. We explore how financial institutions are now looking to more suited technologies so instant payments can be made in a leaner way and with lower latency, to support meeting regulation timelines and reap the rewards that are available with faster transactions.

20 June 2024

Finextra TV/payments

SEPA Instant Mandate: Racing to European Banking transformation

Ainsley Ward, Vice President at CGI, and Global Business Development lead for CGI’s Payments Solutions, sheds light on European Parliament's SEPA Instant Mandate and the 9th of January 2025 deadline for Eurozone banks. With the Federal Reserve's FedNow initiative connecting 400 banks in a year underscoring varying market readiness, challenges still persist. We discuss alternatives found in new technologies and scepticism over universal compliance in anticipation of EBAday, where stakeholders can converge to navigate regulatory complexities and seek solutions in this digital era.

17 June 2024

Finextra TV/payments

Revolutionising Treasury Teams

Michèle Zaquine, Director, Head of Propositions and Commercialisation Continental Europe, Global Payments Solutions, HSBC, speaks at EBAday 2023 about the impact payment trends will have on the future organisation of treasury teams. We explore how treasurers in the current market need to assess new technologies for their net benefits, including solution technologies such as APIs, to enhance treasury operations and by looking at transformations in the B2B and B2C industries.

24 July 2023

Finextra TV/payments

Pushing Fraud Controls to the Next Level

Isabel Schmidt, Co-Head of Global Payments Products, BNY Mellon, joins us at EBAday 2023 to discuss real-time payments and the ways to improve fraud controls with data validation services and cross-industry collaboration.

10 July 2023

Finextra TV/payments

Exploring the Impact of Data and AI in Digital Banking

Sophia Wikander, General Manager, Financial Services, Western Europe, Microsoft, speaks at EBAday 2023 about the impact of data and AI in digital banking on customers, strategies for banks to maintain competitiveness and improve customer satisfaction, and approaches for optimising key opportunities.

10 July 2023

Finextra TV/payments

The potential introduction of the Digital Euro: What do Banks need to consider?

Daniel Szmukler, EBA Director / Innovation, Member Relations and Strategic Engagement, Euro Banking Association, speaks at EBAday 2023 about what the EBA Working Group has identified as key considerations and challenges for banks with the potential introduction of a digital euro. We look at their latest report on retail CBDCs and wholesale CBDCs, the next steps banks should be taking, and where the EBA’s research efforts will go next in the digital payments space.

04 July 2023

Finextra TV/regulation

Implementing EBA's Pan-European Fraud Taxonomy: First Findings from Early Movers

Thomas Egner, Secretary General, Euro Banking Association, and Annick Moes, Head of Industry Issues and Cooperation Initiatives, Euro Banking Association, discuss at EBAday 2023 the practical impact of the EBA's pan-European taxonomies addressing KYC and fraud combatting. They share feedback from first movers, which have implemented the EBA Fraud Taxonomy for fraud analytics and customer education, and comment on the taxonomy’s increasing relevance in the context of evolving payments regulation at EU level.

04 July 2023

Finextra TV/payments

The Clever Use of Data

Edward Chandler, SVP, Head of Commercial and Money Movement Solutions for Europe, Visa, speaks at EBAday 2023 about the power of open data in enabling the future of payments, and how data and AI are being used to create more seamless experiences to help people and businesses thrive.

04 July 2023

Finextra TV/payments

The Role of ISO20022 and Open Banking Adoption in Harmonizing Payments

Katja Lehr, Managing Director, EMEA Payments and Commerce Solutions, J.P. Morgan, speaks at EBAday 2023 about the shifts we are currently seeing in cross-border & instant payments technology. Examining the use of Open Banking adoption and innovation by regulators across CEEMEA, we explore the role of ISO20022 and how developing initiatives will support the harmonization of cross-border payments.

03 July 2023

Finextra TV/markets

A fresh look at Market Trends in the Payment Ecosystem

Fabio Distaso, Head of ABC Banking at NTT DATA EMEA, and José Ignacio Nuñez, Head of Global Payments at NTT DATA, speak at EBAday 2023 about top market trends, how product strategy is responding, and current developments within the payment ecosystem.

03 July 2023

Finextra TV/markets

Market Trends and Asset Developments on the Horizon

Andrea Giuliani, Head of Payment Solutions at NTT DATA Italy, speaks at EBAday 2023 about the partnership between NTT Data and EBA, the market trends impacting their product strategy, and the latest advancements in their assets.

03 July 2023

Finextra TV/payments

The Evolution of Payment Infrastructures

Julio César Fernandez, Director of Business Development & Operations Support, Cecabank, and Nuria Mohedas, Director of Payments and Digital Banking, Cecabank, speak at EBAday 2023 about the evolution of various payment infrastructures seen today, the impact on account-to-account instant payments, and the anticipated changes in the payments field in the coming months.

03 July 2023

Finextra TV/payments

The Impact of New European Regulation on Instant Credit Transfers

Erik Alstromer, Head of Product - Europe and New Markets, Form3, joins us at EBAday 2023 to discuss the new regulation being introduced in Europe around one-leg-out transactions for Instant Credit Transfers. By delving into what it means for the space, we understand how this will impact Financial Institutions, interoperability and the value of platforms as facilitators for growth.

03 July 2023

Finextra TV/payments

The Last Chapter of the Payments Saga: Decision time for Financial Institution

Emanuela Saccarola, Global Co-Head of Cross-border Payments & Receivables, Treasury and Trade Solutions, Citi, speaks at EBAday 2023 about what financial institutions are currently experiencing in the payments space, insights from FI clients on the shifting needs of customers, how to achieve digital transformation, and the ways in which API can be a critical enabler.

30 June 2023

Finextra TV/payments

How ESG and DEI strengthen the drive towards frictionless cross-border payments

Sara Solana, Senior Relationship Manager for Iberia at Swift, speaks at EBAday 2023 about the cooperative’s focus on driving instant and frictionless cross-border transactions. We discuss how DEI and ESG are an integral part of this strategy and what can be done at an industry level to ensure continued progress.

29 June 2023

Finextra TV/payments

Analysing Regional Initiatives & Relevance of FIs in Cross-Border CBDC Interoperability

Paul Ruggieri, SVP, Product Management, Real Time Payments, Mastercard, speaks at EBAday 2023 about the current state of cross-border interoperability. Through bilateral agreements and multilateral platforms, we gain an understanding of what's in it for the financial institutions and how FIs can stay relevant in a multilateral cross-border CBDC future.

29 June 2023