Displaying 1 - 10 of 55 Transaction Banking blog posts
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From API to AI to I: Banking Tech Gets Personal
Monday, October 21, 2019 Lu Zurawski to Payments and Industry Trends, Retail Payments, Transaction BankingTired feet. Running out of business cards. Countless LinkedIn connections – sound familiar? This time of the year is conference season; the annual SIBOS (SWIFT) and Money20/20 USA gatherings spanning the autumn give attendees plenty of hot topics and talking points. My American colleagues refer to this season as “the fall.” I trust this to be an observation on leaves and fruit rather than a sequitur on the state of the fintech industry. Either way, it’s a good time to harvest, to take stock and to work out what we should be doing with the apparent abundance of innovative produce.
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How Do You Drive Full Value from SWIFT gpi?
Friday, October 18, 2019 Zhenya Winter to Transaction Banking, Immediate PaymentsAs part of SWIFT and ACI Worldwide’s joint mission to accelerate adoption of SWIFT gpi, ACI’s SWIFT gpi global marketing lead Zhenya Winter spoke with Daniel Lynch, Data Analytics and Payments Innovation Lead at SWIFT, and ACI’s Global Head of Real-Time Payments, Craig Ramsey, about some of the key questions raised by attendees of our second Global Webinar: Drive Full Value from SWIFT gpi. The relevancy of these was reinforced at Sibos 2019, the SWIFT community’s annual conference, which recently took place in London.
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How to Maximize the Value of Partnerships Between Fintechs and FIs
Friday, September 27, 2019 Karen Arroyo Moguel to Immediate Payments, Bill Pay, eCommerce, Merchant Retail, Retail Payments, Transaction BankingThe LATAM Open Banking & Fintech Partnership, organized by Connect Global Group, was held earlier this year in Mexico City, and ACI participated as one of the forum partners driving discussions on how to maximize value from collaborative partnerships between FIs and Fintechs. We explored the invaluable benefits of open API and strategies to differentiate the offerings of FIs and Fintechs, address consumer demands, and best practices for implementation aligned to regulatory requirements.
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How to Be a Payments Trailblazer – The Seven Habits of Highly Innovative Organizations
Monday, September 09, 2019 Michael Grillo to Immediate Payments, Bill Pay, eCommerce, Merchant Retail, Retail Payments, Transaction BankingThe new Culture of Innovation Index from Ovum and ACI identified segments—from banks to intermediaries to merchants to corporates—at the cutting edge (of innovation) across the payments ecosystem. But what is most notable about those segments that have reached ‘trailblazing’ status is the apparent lack of commonality between them. No one segment, nor one region fosters better innovation. In fact, what’s driving these segments/organizations to be best of breed is their own culture of excellence. The only thing they have in common is their attitude.
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How Italian Banks and Processors Can Capitalize on Digital Transformation
Thursday, June 06, 2019 Daniele Astarita to Transaction Banking, Payments and Industry TrendsThe European payments landscape is in an era of significant change thanks to PSD2 and other macro factors, but there is more than one way to deliver real-time and open payments to meet PSD2 requirements and its technical standards. Banks and processors must manage this alongside their own set of domestic challenges and opportunities.
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SWIFT gpi: Leveraging Cross-Border Payments for the Real-Time World
Wednesday, April 03, 2019 Craig Ramsey to Immediate Payments, Transaction BankingSWIFT gpi represents the evolution of business done over the SWIFT network, bringing correspondent banking into the digital era.
I’ve covered this topic before, but with gpi now reaching the two-year milestone, it’s a good chance to reassess the progress that has been made – and what is needed to drive further adoption.
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Instant Payments in Italy – And Beyond: Lessons from Il Salone Dei Pagamenti
Wednesday, December 12, 2018 Giorgio Tidu to Transaction Banking, Retail Payments, Immediate PaymentsACI was invited back to Il Salone dei Pagamenti – Italy’s premier payments event organized by the Italian Banking Association (ABI) – to participate in a panel, “SEPA Inst – the Future.” As expected, the session was packed with stats and advice for a more efficient roll out of instant payments – in Italy and beyond.
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Dedicated Followers of Fintech: Why Transaction Banking Never Goes Out of Fashion
Tuesday, October 23, 2018 Lu Zurawski to Transaction BankingTaking part in a panel at a recent corporate treasury conference, I was introduced as a ‘consumer payments expert’ – not an obvious qualification for sharing stage-time with serious corporate liquidity and cash management folk, but as the talk track was on mobile wallets and Open Banking, I had some reasonably safe and relevant content on which to fall back.
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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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API Management: The Reason Digital Open Banking Can Fly
Monday, October 01, 2018 Geoff Tunbridge to Retail Payments, Transaction BankingWhen it comes to thinking about the different roles that an API Manager can play for an organization, I personally think that an airport provides the perfect analogy. The customer is the passenger, the third-party organizations using a bank’s APIs are the airlines and the airport itself is the bank. I also think this analogy helps to visualize the variety of API management capabilities – including the role of an API gateway.