Displaying 1 - 10 of 131 Transaction Banking blog posts
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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.
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Can Corporate Banking be as Easy as Ordering Pizza?
Monday, September 24, 2018 Paul McMeekin to Transaction BankingACI recently hosted Greenwich Associates on a webinar to discuss corporate banking. While not a topic that would usually make attendees salivate, the discussion turned toward ordering pizza (maybe, because it was close to lunchtime) and Greenwich highlighted how corporate banking should be as easy as ordering pizza.
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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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Maintain Vs. Invest: What the Digital Era Ushers in for Banks
Thursday, April 12, 2018 Paul Thomalla to Transaction Banking, Payments and Industry Trends, eCommerceTaking place this week in Brussels, the European Credit Research Institute (ECRI) will host a high-level debate on how policymakers can build on the process of digitalisation of banks to raise competitiveness in light of increased competition from fintech start-ups and tech giants.
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How the Merchant Payment Ecosystem Can Create Value in Instant Payments
Tuesday, February 27, 2018 Dean Wallace to Immediate Payments, Transaction BankingRecently, ACI conducted some research into the appetite to make use of instant payments among corporates. The results were overwhelmingly favorable, but when we think about the benefits of immediate payments for corporates, it does seem obvious that they would want to leverage this new payment type.
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Real-Time Payments Will be Europe’s Most Dominant Payments System – Are You Ready to Realize the Full Value?
Monday, February 12, 2018 Domenico Scaffidi to Immediate Payments, Transaction BankingSince the launch of the SCT Inst rulebook in November 2017, many more banks are live and offering real-time payments to their customers, with most of the rest committed to 2018. The buzzword at the recent ECB #TIPSapp Event in Frankfurt was ‘Interoperability,’ or as my friend José Beltrán from STET would say, ‘Reachability.’ No-one expressed this more clearly on February 6th than Javier Santamaria, President of the European Payments Council, when he reiterated his message from Il Salone Dei Pagamenti, the day after the SEPA launch; "We have launched the Pan-EU scheme, now it is up to you in the audience and beyond to take advantage of it and make it work."