BANKEN
Similar to the rest of the world, financial institutions in Turkey are being disrupted on multiple fronts, especially in payments. Consumers now expect instant payments, digital assets, and seamless open banking experiences. In response, financial institutions are feeling the pressure to modernize their legacy systems.
| Dr. Soner Canko CEO & Founder, SC Consulting |
Murat Karagözoğlu Banking General Manager, Diebold Nixdorf Turkey |
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| How has the emergence of new payment solutions effected FIs? | Forward-looking financial players are deploying modern payments platforms that are comprised of a set of re-useable services. These have the capacity to future-proof businesses by facilitating easy adoption of new payment types. | With the emergence of new payment solutions, financial players need to build a more agile infrastructure with a cloud-native technology foundation offering an enhanced consumer experience. |
| How can payments be transformed? | The risk of maintaining old platforms is becoming increasingly an issue for financial institutions. Using cloud-native payment solutions facilitates the time to market, lowers infrastructure costs and enables the transformation of digital payments. If these solutions are also API-integrated, the financial institutions can develop new services easily. | Diebold Nixdorf offers Vynamic® Payments to support financial players in their transition to the next generation payments platform. With this aim, the solution is built on a cloud-native architecture to lower the infrastructure costs and permit faster updates. The platform is API-enabled, which allows banks to develop new services easily. |
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