Craig Ramsey
Head of Real-Time Payments, Product Management
Craig Ramsey
Craig has over 25 years' experience working with banks throughout EMEA with their corporate payments and banking needs. He has been with ACI for over 12 of those years, providing specialist consulting to wholesale banking customers. Through the initiatives of the Euro, SWIFTNet, CLS, TARGET, TARGET2, SEPA, and UK Faster Payments (amongst others), Craig has helped customers leverage the power of the ACI solutions to ensure that the business needs are met.
Craig is currently Head of Real-Time Payments, Product Management. Working with customers, prospects and industry players alike, he helps to ensure that ACI's products are industry-leading and are always ready to help our customers.
More articles by Craig Ramsey
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Sibos Preview: The Five Trends Transforming Real-Time Payments
Monday, October 15, 2018 Craig Ramsey to Transaction Banking, Payments and Industry Trends, Retail PaymentsReal-time is now a reality, with more than 30 schemes live around the world. And real-time is in the spotlight as banks and financial service providers make their way to Sydney for Sibos 2018. What better time to look ahead at the key trends that are going to shape the ongoing development of real-time payments.
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What's Next for SWIFT gpi and Cross-Border Real-Time Payments?
Thursday, August 30, 2018 Craig Ramsey to Immediate PaymentsRecently, I wrote about the potential benefits of SWIFT gpi for banks. Like any technology, the rate of change is accelerating, making it critical that banks keep pace with the market and with their competition. In 2018, as domestic real-time payments schemes reach near-ubiquity thanks to a combination of regulatory and customer demand drivers, we have seen an accelerated parallel trajectory for cross-border real-time gross settlement (RTGS) payments.
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Modernizing Cross-Border Transfers with SWIFT gpi
Wednesday, July 25, 2018 Craig Ramsey to Transaction BankingThe customer experience for domestic payments – retail and corporate – has recently undergone a complete transformation. There’s still plenty more that could be achieved, but the advent of real-time payments in combination with open APIs has seen the launch of Request for Payment services and direct eCommerce instant payments in the UK and Europe. And it’s not just the PSD2 push in Europe that’s driving change – in the U.S., Zelle is moving beyond standalone P2P payments to become an integrated part of the retail banking app experience, as well as being included in new kinds of corporate disbursements.
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Instant + Open Payments = A Winning Combination
Wednesday, June 27, 2018 Craig Ramsey to Immediate Payments, Transaction BankingI recently joined a panel discussion at EBAday 2018, alongside representatives from across the payments ecosystem, and the clear consensus was that real-time payments will be the new normal. This was evidenced by some of the interactive polls carried out.
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Three Ways to Build Your Business Case for Real-Time Payments
Tuesday, October 10, 2017 Craig Ramsey to Transaction Banking, Payments and Industry TrendsIn the UK, faster payments are well established, and we have seen new innovations as well as new businesses being built since May 2008. In Singapore, which went live in 2014 with its Fast and Secure Transfers (FAST) scheme, we are starting to see similar innovations. And we can expect similar seismic shifts in payments innovation for years to come, as Instant Payment schemes in Europe and Real-Time Payments in the US go live, ubiquity increases and real-time payments become the new normal.
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Three Reasons Why Corporate Banks Must Invest in New Security Measures
Friday, September 29, 2017 Craig Ramsey to Payments and Industry Trends, Transaction BankingThe New Payments Ecosystem brings great opportunities, if banks can mitigate the new risks and threats that arise. Real-time and open payments enable a wealth of new revenue streams; however, the potential for growth must be balanced against maintaining payments security. They cannot break the bank.
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How to Protect the Foundations of Transaction Banking Against Disruption in The New Payments Ecosystem
Tuesday, September 12, 2017 Craig Ramsey to Retail Payments, Payments and Industry TrendsScalable, Available, Reliable – #SleepAtNightability for Corporate Banking
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SEPA Instant Payments: The Importance of Real-Time Hubs in a Global Market
Friday, September 16, 2016 Craig Ramsey to Payments and Industry Trends, Transaction Banking, Immediate PaymentsAn epiphany is happening across Europe—and across the global markets. I’m not talking about the realization of Brexit (and that we’re all going to need to make it work). But rather, the realization that payment hubs that were brought in to manage SEPA batch credit transfers and direct debits are not going to be capable in the real-time world of SEPA Instant Payments.
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Cross-Border Payments: ready, set, go…
Thursday, September 08, 2016 Craig Ramsey to Payments and Industry Trends, Immediate Payments, Transaction BankingThe cross-border payments market is probably the most important industry in the world. Trillions of dollars are exchanged every day to cover the settlement of everything from multi-billion-dollar company investments, through to the value of the perishable cargo on the ship that’s stuck in port, all the way down to that rather nice holiday rental I’ve got my eye on for next summer. International payments are essential to everyone, in every country in the world.
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Aggregation Services Will Save Money
Monday, July 18, 2016 Craig Ramsey to Payments and Industry TrendsPayments used to be so simple. You went to your bank, gave them your money and sometime later it would arrive at the beneficiary, albeit not necessarily always intact in value. But the world has changed rapidly over the past decade as new payment providers have been offering services to targeted markets and customers. Their services have been more relevant to the end user than the generic products that many banks have continued to offer.