1137 Results from 2015
Retired Member
Capgemini Consulting and RBS recently released WPR 2015 it is quite comprehensive study of the manner in which payments industry is growing globally. Below mentioned is my takeaway (Also added a few points from my side) from the report. 1. Asia is the driver of Global Non Cash transaction Growth: Global Volume’s reached 357.9 billion (2013) 2. Bank...
13 October 2015 /payments Payments strategies 2015-2020-2030
Rogue traders continue to cause catastrophic damages to banks. It’s no great surprise then that the incentive for banks to detect – and prevent – such illegal activities is extremely high. Inevitably this task is complicated by the complexity of the trading ecosystem and inventiveness of fraudulent individuals. However, recent methodologies and te...
13 October 2015
The payments world is both complex and complicated: Complex because of the many different parts that need to come together to facilitate the movement of value; and Complicated because the parts are interconnected both domestically and globally. New technologies, new payment entrants, end-user client demands, and the move to global standards are d...
13 October 2015 /payments /sibos
Kirsty Berry Head of Product Marketing & Market Analytics at Compass Plus
Now, don’t get me wrong, I am a fan of all payment methods - I believe there is a place in society for each of them. I am particularly enamoured with my contactless card, and get annoyed when I’ve already put my card into the POS terminal before realising I could have just tapped the screen. And mobile payments make my life easier, whether making ...
13 October 2015 /payments
In the digital banking business, we love to complain about how hard it is to find the right balance between security and usability. Today's users are tech-savvy. They are connected 24/7, spending lots of time on social networks. They are getting more and more impatient that banks are not providing services on a par with the likes of Google, Facebo...
13 October 2015 /retail
Customer service experience is highly prone to disruption today. Disruptive technologies today have taught banks to be on the lookout for new entrants that offer better substitutes to their products, capture new, low-end customers, and then gradually move upmarket to pick higher-end customers. It is time for banks to now act swiftly by embracing t...
13 October 2015 /inclusion
The need for market practice has not changed simply because we have introduced a new syntax… in fact, for a good number of years market practice organisations such as ISITC have shifted the focus of their market practice documentation towards a more syntax-neutral and data-centric view. Samples of actual messages are provided in both 15022 and 20...
13 October 2015 /sibos Standards Forum
Ever since I have been blogging on the topic on mobile payments over the past few weeks, the themes around "mobile commerce","mobile payments" and "mobile wallets" continue to be a topic of discussion with my professional associates and in my personal networks. Simply because there is so much (social) media buzz and s...
12 October 2015
Day One is in the books. A couple of the sessions were standing room only. Luckily, there is room to expand in the aisles... unlike Innotribe which had to turn people away from the API session. Bah! The festivities kicked off with a showcase of regional standards activity before a packed audience. Prior to SWIFT’s expansion of their presence in S...
12 October 2015 /sibos Standards Forum
Brett King CEO & Founder at Moven
In Singapore this week, the incredible response to the discussion on the “blockchain” at SIBOS Innotribe is indicative of a massive shift taking place globally in banking today. FinTech, or Financial Technology, is taking over the world of banking and financial services as most of what we’ve thought of as banking is now simply become software. Sof...
12 October 2015 Innovation in Financial Services
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