Category: Banking
UK banks reckon with the future of new payments architecture initiative
It has been a long journey for the UK’s New Payments Architecture (NPA) programme. Its aims are nothing short of “futureproofing” the UK’s payments infrastructure in the era of digital transformation and open banking. And...
Six quick tips for finance leaders on their digital transformation journey
Digital transformation and automation can be an intimidating process, especially if your company has the remnants of legacy processes and technology, or worse yet, dominance of analog processes. If you’re like many companies in this...
Defining the future of financial service design
When you take a broad view of the finance industry and look at our surrounding society, you might start to ask questions with no clear answers. The past 18 months have taught businesses that preparation,...
SIBOS panelists weigh in on fraud and financial crime fight
When it comes to fraud and financial crime, the good guys have momentum, aided by new technology and increased vigilance among banks as well as corporates. But on the flip side the numbers don’t lie....
SIBOS Panelists Grapple With Complexity Of Digital Transformation
SIBOS 2021 kicked off with a realistic look at the future of payments in the context of digital transformation.
Real-time payments interoperability remains key topic at Chicago Fed panel
Whenever a new payment format comes on the scene, three issues usually present themselves: will it find users, will users achieve the desired scale and will the underlying technology options be compatible. Within the current...
S&P report shows COVID and regulation as key factors in global banking recovery
The global banking recovery is well underway, according to a new report by S&P Global Ratings, but the biggest problem of 2020 continues to threaten in 2021. COVID and its variants still have the potential...
NACHA update: Communication security fills the headlines
In case anyone needed a reminder of how aggressive and creative fraudsters can be, last week provided a stark reminder of both. T-Mobile was covered as the victim this time, as it reported that SIM-swap...
How well do you know your banking customer?
The banking customer you had in 2020 is not the banking customer you have in 2021. Research shows they are staying home more (61 percent), reconsidering some of their online shopping habits and perhaps most...
UK’s post-pandemic banking future requires education and automation
Predicting the future of UK financial services for the balance of 2021 is no small feat. Banks of all sizes need to laser focus on cash management in an economy that is improving but is...