BANKEN
Banks need to integrate real-time payments into the latest payment solutions to meet consumer demand for flexible mobile payments and offer a transparent multi-channel experience.
Once banks move away from channel-centric approach that stifles innovation, they'll offer dynamic digital ecosystems that match customers' need for "always on" solutions.
Banks dealing with new payment types and digital currencies need agile, secure, and reusable platforms to gain a competitive edge and increase profitability.
Doing nothing isn't ideal, but a Big Bang approach is risky. A phased, agile approach to updating payment platforms reduces risk and allows banks to update systems step-by-step.
Security approaches to meet today's demands are not black & white. FIs need to explore advanced security strategies to maintain consumer trust & resilience against cyber threats.
“Instant payments.” A term talked about for years, but in practice (excluding cash) it's less than a decade old. What does it mean & why is it important in the payment space?
Explore how fintech competition & open banking reshape FIs' strategies, offerings & customer relations. Navigate opportunities & challenges in the evolving financial landscape.
The API economy that fintechs have taken advantage of is a look into consumer thinking. Embrace fully connected ecosystems for integrating new payments, authentication & channels.
The heart of a payment is the processing of a transaction. Understand how FIs can modernize their payments systems to be flexible & derive value from the API-driven ecosystem.
How do you know if your payments platform is at its effective end-of-life? Continue reading for answers to these questions and more.