Banking Insights

October 31, 2023  |  by Michael Engel

Read how banks that offer instant payment services can remain competitive, create new products and meet the evolving needs of consumers.

August 14, 2023  |  by Michael Engel

The pandemic changed consumer payment preferences almost overnight. Banks are reacting by modernizing their payments ecosystems and exploring new technology to improve customer satisfaction and to stay competitive.

August 07, 2023  |  by Michael Engel

To truly eliminate friction in today’s banking journeys, financial institutions must think beyond channels to create dynamic ecosystems. Today’s modern-day architecture can be the bridge to create and connect these ecosystems as well as to give financial institutions a better competitive position against the players that are chipping away at their fundamental existence.

February 06, 2023  |  by Michael Engel

Research by GlobalData calls instant payments a “direct alternative” to payment cards which look likely to disrupt established networks whilst providing a range of benefits. Who are the major player in the burgeoning IPS revolution? Continue reading to find out.

November 14, 2022  |  by Michael Engel

The fintech and alternative payment methods (APM) market is now booming. While this is shaking up the competitive landscape, it’s not necessarily bad news for banks. They are now actively seeking partnership with fintechs to bring extended solutions and services to their ecosystem.

September 19, 2022  |  by Louise Coles

Whether it’s implementing a seamless backend infrastructure to handle payments more simply, or enabling the latest tap and go payment solutions through digital innovation, it is imperative for banks to stay ahead of the curve in order to satisfy today’s consumer demands.

August 22, 2022  |  by Michael Engel

There is a case for payments migration. However, there are obstacles that come with it. In this blog we outline a comprehensive list of key “gotchas” in payments migration, challenges that can impede migration efforts, and advice on how to avoid them.

May 23, 2022  |  by Michael Engel

Strong partnerships deliver strong results across every sector, and the payments arena is no exception. As banks move to modernize existing payment systems, they no longer want a traditional customer-supplier relationship, but one built on partnership.

March 07, 2022  |  by Diebold Nixdorf

Banks must be able to integrate the latest payment solutions, including real-time payments, into a single ecosystem in order to respond to new uses among consumers, who are eager to adopt flexible mobile payment methods, and offer them a transparent multi-channel experience.

February 07, 2022  |  by Michael Engel

Once banks break from the traditional, channel-centric approach that often stifles innovation, they'll be able to offer dynamic digital ecosystems that match customers' need for the "always on" solution.