22 June 2018
Register for the webinar today
« All videos

Embracing UK Real Time Faster Payments

11 August 2015 | 1

In December the UK’s Faster Payments scheme will launch a new access model. With research showing a high level of interest in real-time payments among corporates, banks need to embrace the opportunities and revamp their tech or risk losing business, according to AccessPay.

AccessPay head of banking Simeon Parker and founder and chief architect Ali Moiyed run through the options available to banks.

Comments: (1)

Roger G LeBlond
Roger G LeBlond - Roger G Leblond - Corpus Christi 11 August, 2015, 15:36

I would agree with the speakers that banks have been slow to discuss these types of changes. The large banks I would expect to have these discussions however the community banks I would expect have very little ability to discuss and execute on this topic. Staffing would be a big concern, cost would scare most community banks and the major change in operations would be the biggest vhange for the banks.The unknown from the customer will be for the bank is will the bank lose their customers if they do not make the change. I believe we know the answer but you will never know that answer until you reach that moment.

Be the first to give this comment the thumbs up 0 thumb ups!
Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)
Visit equensworldline.comVisit https://info.nice.com

Top topics

Most viewed Most shared
GPS raises £44 million to fund international growthGPS raises £44 million to fund intern...
26084 views comments | 7 tweets | 8 linkedin
Robots save Nordea from GDPR processing nightmareRobots save Nordea from GDPR processing ni...
8993 views comments | 10 tweets | 17 linkedin
BIS: Cryptocurrencies are an environmental disaster that could break the InternetBIS: Cryptocurrencies are an environmental...
8264 views comments | 18 tweets | 23 linkedin
hands typing furiouslyArtificial Intelligence at the changing fa...
7129 views 0 | 10 tweets | 5 linkedin
Visa says 5.2m payments failed during 10 hour outageVisa says 5.2m payments failed during 10 h...
6165 views comments | 14 tweets | 10 linkedin