PSD2 & The Future of Digital Banking. Bragi Fjalldal, CMO & VP Business Development
|
|
|
- Joshua White
- 6 years ago
- Views:
Transcription
1 PSD2 & The Future of Digital Banking Bragi Fjalldal, CMO & VP Business Development
2 About Meniga Meniga is helping leading banks around the world personalize their digital customer experience CONTINENTS COUNTRIES OFFICES CONSUMERS EUROPE NORTH AMERICA ASIA AUSTRALIA AFRICA 18 LONDON 43 MILLION REYKJAVIK STOCKHOLM +30 clients across 18 countries
3 Meniga s Products & Services Digital Banking Products Marketing Products DIALOG ENGAGEMENT PLATFORM PERSONAL FINANCE BUSINESS FINANCE CARD-LINKED OFFERS CONSUMER DATA ANALYTICS DATA CONSOLIDATION & ENRICHMENT Account Aggregation PSD 2
4 Agile FinTechs put pressure on banking profit pool Global Fintech Investment (USD B) Payments 15 Lending 10 Wealth 5 Other Source: Accenture; Bain & Company; Forbes; McKinsey; Meniga analysis In consumer finance up to 40% of revenues and 60% of profits are at risk of loss by 2025 McKinsey Global Retail Banking, 2015
5 Digital banking is an increasingly crowded space Source: CB Insights
6 However, GAFAs are the biggest immediate threat Customer dis-intermediation is one of the biggest risks retails banks face today
7 and now PSD2 is set to accelerate competition PSD2 is paving the way for consumers to authorize 3rd party providers to have direct access to two aspects of their bank account Access to account and transaction data Ability to authorize payments directly from account 1 2 Account Information Service Providers (AISP) Payment Initiation Service Providers (PISP)
8 There is time, but it takes time to prepare well Jan/2016 Jan/2017 Jan/2018 Sept/2018- March/ PSD2 enters into force, 20 days after publication European Banking Authority provides draft of PSD2 Regulatory Technical Standards EU Commission will take 3-9 months to approve standard EU member states will have 2 years to transpose legal text into national law Once EU commission adopts PSD2 Technical Standards, there is an 18 month period for industry to implement Source: European Banking Authority; Openbankproject
9 PSD2 is not just a threat it is also an opportunity Can banks transform the relationship with their customers from monthly chores to weekly or even daily meaningful dialog?
10 PSD2 : Banks must prepare to comply & compete PREPARE TO COMPLY Prepare IT architecture for dealing with real-time third party access to account data & payments; do the groundwork well before standards are finalized develop and test your API in good time PREPARE TO COMPETE Develop market-leading post-psd2 products and services ahead of your competitors use your API to bring innovative personalized digital banking solutions to market as soon as you can
11 PSD2: Banks have several strategic options Strategic Options (not mutually exclusive) Bank as back-end service provider Bank owning & expanding customer relation Basic Compliance Become the best OpenAPI provider Provide the best digital banking UX Expand ecosystem beyond banking Comply with barebone PSD2 requirements Enable 3 rd party access as required by law Prepare to Comply Prepare to Compete Develop advanced API platform with granular & more enriched data access (e.g. standing orders, demographics, market data analytics) Monetize access to data & build close relationships with AISP/PISPs Source: Accenture; OpenBankProject; PWC; Meniga analysis Defend position as leading channel to integrated financial services Improve existing offerings & develop new services based on enriched, aggregated data to address unserved financial needs (e.g. PFM & BFM) Compete with TPPs Develop data platform connecting banks, merchants and consumers Expand service offering to nonfinancial products/ services in partnership with TPPs with potential for new revenue streams (e.g. CLO, real-time market intelligence)
12 PSD2: How Meniga products & services can help Strategic Options Bank as back-end service provider Bank owning & expanding customer relation Basic Compliance Become the best OpenAPI provider Provide the best digital banking UX Expand ecosystem beyond banking DATA CONSOLIDATION & ENRICHMENT PSD2 API CONSUMER DATA ANALYTICS PERSONAL FINANCE CARD-LINKED OFFERS BUSINESS FINANCE CONSUMER DATA ANALYTICS Digital Banking Products Marketing Products DIALOG ENGAGEMENT PLATFORM CARD-LINKED CONSUMER DATA OFFERS ANALYTICS PERSONAL FINANCE BUSINESS FINANCE ACCOUNT AGGREGATION DATA CONSOLIDATION & ENRICHMENT Account Aggregation PSD 2
13 PSD2 & Meniga : One-Stop compliance & innovation Step 1: Prepare for XS2A compliance CARD-LINKED OFFERS PERSONAL FINANCE CONSUMER DATA ANALYTICS BUSINESS FINANCE Consolidate transaction & account data in Meniga repository outside of core-banking systems Establish efficient synchronization process (batch/pull/push) Optimize data for single-user queries Meniga willing to establish & maintain API based on local regulation once available PSD2 API DIGITAL INNOVATION API Single-source transaction database serving PSD2/XS2A API DATA ENRICHMENT Core banking system shielded against Denial of Service (DOS) attacks Rapid response times : avg response time <100ms per request; max response time <1s DATA CONSOLIDATION Proven scalability largest deployment covers 10m+ digital banking customers
14 PSD2 & Meniga : One-Stop compliance & innovation CARD-LINKED OFFERS PERSONAL FINANCE PSD2 API CONSUMER DATA ANALYTICS BUSINESS FINANCE DIGITAL INNOVATION API Step 2: Enrich & augment data to form competitive innovation platform Enrich data beyond regulatory requirements : categorization, merchant mapping, location mapping, etc Add more data to Meniga repository, e.g. standing orders/direct debits, loan products, savings products, etc Expand API to encompass broader functionality DATA ENRICHMENT DATA CONSOLIDATION
15 PSD2 & Meniga : One-Stop compliance & innovation CARD-LINKED OFFERS CONSUMER DATA ANALYTICS Step 3: Build on innovation platform to enhance proposition to personal & SME customer base PERSONAL FINANCE BUSINESS FINANCE PSD2 API DIGITAL INNOVATION API DATA ENRICHMENT DATA CONSOLIDATION Invoke Meniga PFM & BFM services to build world-class, personalized UX for personal & SME customers Dramatically improve quality & quantity of engagement Activity feed, reports/insights, challenges, cash-flow management, etc
16 PSD2 & Meniga : One-Stop compliance & innovation CARD-LINKED OFFERS CONSUMER DATA ANALYTICS Step 4: Expand data platform connecting banks, merchants and consumers PERSONAL FINANCE BUSINESS FINANCE PSD2 API DIGITAL INNOVATION API DATA ENRICHMENT DATA CONSOLIDATION Partner with Meniga to offer personalized Card-Linked Offers to personal banking customers & transaction based market analytics to corporate customers Develop tangible value to customers & new revenue streams for bank
17 Competing after PSD2 : value from financial data Personalized Digital Banking (PFM) Targeted Card-Linked Offers (CLO) Data-driven SME banking (BFM) Real-Time Market Intelligence Transform Customer Engagement Develop New Revenue Streams
18 Competing after PSD2 : Personalized Digital Banking Partner with service providers to develop powerful innovation platform Differentiate in functionality and digital user experience Examples of digital banks powered by Meniga s digital innovation platform
19 Competing after PSD2 : Personalized Digital Banking Meaningful engagement based on highly personlized financial advice & services An environment that facilitates continuous dialog with the customer Notification-driven engagement mixing core banking with personal finance advice, advanced PFM functionality and offers
20 Automated, notification driven PFM Notification of unusual spending & low-balance warnings Personal finance insights Insightful expense reports Foursquare-like info nuggets on spending behavior Playful savings challenges Personalized offers
21 Competing after PSD2 : Data-driven SME Banking Compelling digital banking environment for SMEs : consolidated accounts and overview of income & expenses Help customers improve cash conversion cycle through automated cashflow management and peer comparison
22 Competing after PSD2 : Card-linked offers Use data to source highly personalized, deep offers Card-linked infrastructure secures seamless execution and opportunities for positive engagement Potential to develop significant, new revenue stream for banks
23 Competing after PSD2 : Card-linked offers Metrics from Meniga s CLO program 20% average discounts Offers across 15 verticals 5-10% offer conversion rates x3 more engagement from active offer users 10 ARPU (Average Revenue Per User/annum)
24 Competing after PSD2 : Real-time market intel Unique and disruptive strategic marketing toolbox Real-time market share tracking against competitors - down to store level Cross-competitor spend profile analysis & demographic segmentation
25 Meniga can help : PSD2 competitiveness roadmap 6 months 12 months 18 month 24 months PSD2/XS2A Compliance Consolidation of transaction & financial product data separate from core banking systems Optimize data for fast-query & advanced analytics Expand data enrichment & API for internal & external innovation Extend API for mandatory compliance Personalized Digital Banking Enriched financial data integrated with everyday banking UX/UI inspired by best-ofbreed social media applications Focus on meaningful engagement Advanced, personalized data-driven features - Activity Feed - Spend reports - Challenges - Peer comparison - Net worth - Cash-flow mgt Example PSD2 Competitiveness Roadmap built on Meniga s Innovation Platform Card-Linked Offers Personalized cardlinked offers integrated with everyday banking Redefine the meaning of loyalty programs New source of revenue Real-time business intel Ground-breaking business intel toolbox Real-time market share development Store-level analytics New source of revenue SME Banking SME banking portal with powerful cash-flow mgt
26 Our advice on reacting to PSD2 : Summary Tackle PSD2 head-on : step up your game - go beyond compliance to defend the relationship to your customers Be bold in use of data : use personal financial data to deliver value to your customers before others beat you to it Work with agile FinTechs : use the FinTech community to help elevate to excellence in non-core activities Learn from the best in UX/UI : avoid re-inventing the wheel apply best practice to your own platforms Get moving ASAP : The clock is ticking make a plan and start executing as soon as possible
27 Making digital banking personal We help banks build meaningful customer engagement and develop new revenue streams For more information visit Or contact us at Meniga Ltd. WeWork, 3 Waterhouse Square 138 Holborn, EC1N 2SW London, United Kingdom
Herber de Ruijter / Head of Digital. Intellect Digital 3.0 Strategy API First and Experience-led Digital Banking for the 21 st century.
Herber de Ruijter / Head of Digital Intellect Digital 3.0 Strategy API First and Experience-led Digital Banking for the 21 st century. Digital Agenda for today Mumbai, September 20 2017 ü Market trends
WHITE PAPER. Revenue Opportunities Created by Open APIs
Revenue Opportunities Created by Open APIs Financial service providers must embrace modern technologies and leverage data held in their systems to secure their long-term futures. Open Banking initiatives,
WHITE PAPER. REVENUE OPPORTUNITIES CREATED BY OPEN APIs. Venkataraman Durghados IBS Open APIs Solution Architect
REVENUE OPPORTUNITIES CREATED BY OPEN APIs Venkataraman Durghados IBS Open APIs Solution Architect Financial service providers must embrace new technologies and leverage data held in their systems to secure
Introducing CGI Open Finance for the Open Banking Economy
Introducing CGI Open Finance for the Open Banking Economy Open power. Connected innovation. Financial sector challenges We are witnessing a profound and radical change to the traditional banking model.
Turning PSD2 Challenges into Business Opportunities.
Turning PSD2 Challenges into Business Opportunities www.ebankit.com PSD2 in a nutshell Perfect Competition Payment Services Directive 2 (PSD2) The PSD2 updates and complements the EU rules put in place
Review of Priviti PSD2 Use Case and its positioning compared to alternative marketplace offerings
Review of Priviti PSD2 Use Case and its positioning compared to alternative marketplace offerings The revised Payment Service Directive (PDS2) is a directive focused on better integration of an internal
PSD2 ACCELERATOR CAPTURE OPPORTUNITIES, ADDRESS CHALLENGES, AND DRIVE SUCCESS THROUGH PROVEN EXPERTISE
PSD2 ACCELERATOR CAPTURE OPPORTUNITIES, ADDRESS CHALLENGES, AND DRIVE SUCCESS THROUGH PROVEN EXPERTISE INTRODUCING OLIVER WYMAN S PSD2 ACCELERATOR PSD2 will have profound implications for the participation
Meniga & GDPR Bragi Fjalldal, CMO & VP Business Development Reykjavik, January 25th 2018
Meniga & GDPR Bragi Fjalldal, CMO & VP Business Development Reykjavik, January 25th 2018 About Meniga Who are we? Meniga is helping leading banks around the world increase digital engagement & develop
Creating value from the open API economy A blueprint for banks
WHITE PAPER Creating value from the open API economy A blueprint for banks Change is inevitable as banks explore opportunities for leveraging open APIs to extend and transform their business models. This
40% of banks in CEE have not yet decided which strategy to pursue. Cautious optimism reigns
Staying relevant in a disruptive market. EU member states have until January 2018 to implement the revised EU Payment Services Directive 2. But many banks in Central and Eastern Europe are still hesitant
PSD2 TAS Open Banking
PSD2 A challenge for Banks but a huge opportunity at the same time for new services TAS Group 2017 Some highlights on PSD2 driven changes PSD2 introduces a new legal structure to payments in the EU, challenging
GLOBAL OPEN BANKING ECOSYSTEM
GLOBAL OPEN BANKING ECOSYSTEM CRIF POSITIONING Gian Bruno Mazzi CRIF Salone dei pagamenti Milano 8 novembre 2018 Agenda 1 Open Banking: the new normal 2 EU perspective 3 CRIF evolution path 4 Digital Ecosystem
PSD2 is on top of our agenda
PSD2 is on top of our agenda Stating the obvious There is no do nothing option for payment service providers Even basic PSD2 compliance requires strategic choices There is a highway of opportunities The
Bank of the Future. Discussion on the latest banking and digital trends and their implications. April 11-12, 2016
WORKING DRAFT Last Modified 4/1/2016 5:10 PM Central Europe Standard Time Printed Bank of the Future Discussion on the latest banking and digital trends and their implications April 11-12, 2016 Banking
Unlocking the full business potential of PSD2
Unlocking the full business potential of PSD2 How to create value for customers following PSD2 regulation equensworldline Sibos 2017 Open Theater equensworldline Position in Worldline Group 2 equensworldline
API Gateway Digital access to meaningful banking content
API Gateway Digital access to meaningful banking content Unlocking The Core Jason Williams, VP Solution Architecture April 10 2017 APIs In Banking A Shift to Openness Major shift in Banking occurring whereby
The Future of Retail Banking
The Future of Retail Banking Navigating the digital banking revolution The digital banking landscape Market trends Challenges & opportunities Digital transformation with HID Global 43% Mobile phone users
OPEN BANKING: THE ART OF THE POSSIBLE MAKING OPEN BANKING WORK FOR YOUR ORGANISATION. An NCR white paper
OPEN BANKING: THE ART OF THE POSSIBLE MAKING OPEN BANKING WORK FOR YOUR ORGANISATION An NCR white paper TABLE OF CONTENTS 1 OPEN BANKING AT A GLANCE 2 UNDERSTAND THE CONTEXT: WHY HERE, WHY NOW? 3 WHAT
Turning the Revised Payment Services Directive into Digital Opportunity
Turning the Revised Payment Services Directive into Digital Opportunity Contents 1. Introduction 3 2. The Business Risk PSD2 Presents 4 3. The Opportunity for Value Creation 6 4. Making it Happen 7 2 Turning
Investor Meet BFS Key Growth Areas Ravi Vaidyanathan. Hexaware Technologies. All rights reserved.
Investor Meet BFS Key Growth Areas Ravi Vaidyanathan 1 Our Market Positioning Positioning Buy Side Sell Side Retail & Corp Banking Enterprise Market Differentiated domain point solutions Targeted Sub-Vertical
Strategies for credit institutions growth. Credit Institution management Lecture 13.
Strategies for credit institutions growth Credit Institution management Lecture 13. 1. Global perspective Where can we earn money in banking business? Source: Roaring to life: Growth and innovation in
AI Trends in the Financial Sector. Microsoft Future Decoded Conference 6 th November 2018 Budapest
AI Trends in the Financial Sector Microsoft Future Decoded Conference 6 th November 2018 Budapest A number of disruptive dynamics are shaping banking... Lending becoming unbundled and moving to the Point
BUSINESS FINANCIAL MANAGEMENT
BFM BUSINESS FINANCIAL MANAGEMENT Product Presentation Strands Inc. 2016 1 VALUE PROPOSITION 1. BFM VALUE PROPOSITION BFM: THE NEW WAY OF BANKING FOR SMEs The comprehensive digital banking solution for
Technology Innovation Exchange 2017
1 2 3 Significant period of change in the next 9 months Between PSD2, OBWG and CMA alone, there is significant, directionally aligned, activity aimed at transforming the landscape. The timing and degree
Today s Financial Consumer: Open for Business
Today s Financial Consumer: Open for Business Bank consumers will ultimately decide the future, so for the past four years CGI has been researching consumer perspectives on digital banking annually. CGI
The revised Payment Services Directive (PSD2)
Regulatory agenda updates The revised Payment Services Directive (PSD2) What you need to know Revised Payment Services Directive (PSD2) to increase scope, obligations, and to offer business opportunities
Market Report, Q1 2018
AUKA AUKA PSD2: Turning compliance into opportunity 3 _ Contents Contents 04 09 12 14 19 20 22 24 _ Who is Auka? _ What is PSD2 _ European banker perception: an overview of key findings _ Compliance -->
Banking and Financial Services Engage with the Emerging
Banking and Financial Services Engage with the Emerging Seizing the new digital opportunity for specialized Financial Services Driving Innovation. Forging Alliances. Propelling Momentum. Customer expectations
Our approach to IT and business development
Our approach to IT and business development We are a fullservice bank with four home markets 2 Market leading position in our home markets 7 400 000 private customers and 625 000 corporate customers Loans
HOLINGER ASSET MANAGEMENT
HOLINGER ASSET MANAGEMENT WELCOME TO CREALOGIX Zurich / 14 November 2017 Agenda 1. CREALOGIX at a glance Thomas Avedik, Group CEO 2. PSD2 & Multibanking Chances in Digital Banking Sebastian Manthei, Business
Four Models to Weather the Turbulence in Banking
Four Models to Weather the Turbulence in Banking As profit pools shift, here s how banks can extend their digital reach and relevance. By Richard Fleming, Joe Fielding and Eduardo Roma Key contacts in
CEE FinTech market Opportunity or threat? Daniel Martyniuk, Director
CEE FinTech market Opportunity or threat? Daniel Martyniuk, Director CEE FinTech market Opportunity or threat? What is FinTech anyway? ˈ Financial technology, also known as FinTech, is a software-based
Open Banking PSD2, GDPR and the American Merchant
Your source for payments education Open Banking PSD2, GDPR and the American Merchant Scott Adams Evolutioneer FraudPVP Rene Pelegero President & Managing Director Retail Payments Global Consulting Group
17 TH J A N U A R Y. Future of Banking. Emerging trends and Archetypes
17 TH J A N U A R Y Future of Banking Emerging trends and Archetypes F U T U R E O F F S I Numerous emerging forces are shaping the future of Banking Open, API Standards (e.g. PSD2) Heightened Expectations
WHITE PAPER. Encouraging innovation in payments through the PSD2 initiative. Abstract
WHITE PAPER Encouraging innovation in payments through the PSD2 initiative Abstract Revised Directive on Payment Services (PSD2) is primarily aimed at bringing new, online modes of payments initiation
EMPOWERING INTELLIGENT FINANCE
EMPOWERING INTELLIGENT FINANCE Empower your working capital solutions with HPD LendScape Adaptable and scalable, HPD LendScape offers funders an end-to-end solution on a single platform. Our expert software
Expanding to New Verticals
Expanding to New Verticals Mobile Card Product and Feature Suite Dave Abouchar, Director New Mobile Products Krishna Rajamani, Mobile Product Manager April 12, 2017 Agenda 1. Introduction 2. Credit Card
The Impact of Open APIs in emerging markets
The Impact of Open APIs in emerging markets Lesley-Ann Vaughan @VaughanLA 8 th November 2017 @ API Days Berlin Most people in the world have never used the internet, either directly or indirectly 2 It
The Future of Fintech Five technology trends driving the financial services industry.
Five technology trends driving the financial services industry. Originally designating any financial services-specific technology, fintech has emerged as an industry in its own right. Investment in fintech
Guidelines for PSD2 Implementation
nextdigitalbanking.com Guidelines for PSD2 Implementation Helping banks explore API strategies and options CONTENTS: Shifting mindsets and expectations Top five strategic considerations for PSD2 implementation
Payments Transformation The Time to Act is Now Oracle Open World 2018
Payments Transformation The Time to Act is Now Oracle Open World 2018 Ramanathan (Ram) Arunachalam Product Development Head Oracle Financial Services Multi-Dimensional Forces Leading to Deep Structural
PSD2: An Open Banking Catalyst
PSD2: An Open Banking Catalyst Leverage Open APIs to unlock new business opportunities It is short-sighted to treat the European Union s second Payment Services Directive (PSD2) and other European regulations
Open Banking / Future Banking. Kasper Sylvest, head of Financial Market Infrastructures, Transaction Banking Operations
Open Banking / Future Banking Kasper Sylvest, head of Financial Market Infrastructures, Transaction Banking Operations Disclaimer it is difficult to make predictions especially about the future Before
OPEN BANKING & PSD2: WHY COMPLIANCE ISN T ENOUGH
EXECUTIVE BRIEFING OPEN BANKING & PSD2: WHY COMPLIANCE ISN T ENOUGH The Business Opportunities of Open Banking Banks must go beyond mere compliance and capitalize on the business opportunities of open
Engaging Our Customers in an Omni-channel World. Staffan Ivarsson, Head BIO, Digital Banking, Swedbank
Engaging Our Customers in an Omni-channel World Staffan Ivarsson, Head BIO, Digital Banking, Swedbank W a n t e d P o s i t i o n S, td oi cg ki ht oa Engaging Our Customers in an Omni- Channel World Stockholm,
Banking & Capital Markets - Open Banking Executive Briefing Center, Brussels, February 8-9 th 2018
Banking & Capital Markets - Open Banking Executive Briefing Center, Brussels, February 8-9 th 2018 Joanna Molik, joanna.molik@microsoft.com Vivek Warrier vivekw@microsoft.com Co-created with customers
Journal of Internet Banking and Commerce
Journal of Internet Banking and Commerce An open access Internet journal (http://www.icommercecentral.com) Journal of Internet Banking and Commerce, April 2019, vol. 24, no. 1 GDPR, PSD2 AND OPEN BANKING
How Circeo runs online Retail Loan Factory for Banks from IBM Cloud
How Circeo runs online Retail Loan Factory for Banks from IBM Cloud Bled 2018 Think Bled / DOC ID / Nov 6-7, 2018 / 2018 IBM Corporation Contents Introduction Part One Circeo & TheLoanFactory Part Two
Journal of Internet Banking and Commerce
Journal of Internet Banking and Commerce An open access Internet journal (http://www.icommercecentral.com) Journal of Internet Banking and Commerce, October 2018, vol. 23, no. 3 GDPR, PSD2 and Open Banking
Monetizing data: A new source of value in payments
McKinsey on Payments July 2017 Monetizing data: A new source of value in payments From gateways to issuers, today s payments providers have a treasure trove of data at their fingertips. By using it to
OPPORTUNITIES THROUGH 'PLATFORM PLAYS' IN EUROPEAN SME BANKING
OPPORTUNITIES THROUGH 'PLATFORM PLAYS' IN EUROPEAN SME BANKING 2 CURRENT STATE OF SME BANKING TODAY SME BANKING Small-to-Medium Enterprises or SMEs (see definition below) are the backbone of the EU economy.
European Payment Services Directive 2
IBM Cloud White Paper Financial Services European Payment Services Directive 2 Address new requirements and capitalize on emerging opportunities with IBM 2 European Payment Services Directive 2 Contents
DIGITAL TRANSFORMATION (DX)
An IDC InfoBrief THE PROMISE OF DIGITAL TRANSFORMATION (DX) IN ASIAPACIFIC S LEADING INSTITUTIONS IDC PREDICTION: BY 2018 1/3 OF THE TOP 20 MARKET SHARE LEADERS IN VARIOUS INDUSTRIES WORLDWIDE WILL BE
Seizing the Opportunities Unlocked by the EU s Revised Payment Services Directive
Accenture Payment Services Seizing the Opportunities Unlocked by the EU s Revised Payment Services Directive PSD2: A Catalyst for New Growth Strategies in Payments and Digital Banking European banks are
Corporate Banking Portals
Think Tank CORPORATE BANKING & FINANCE Corporate Banking Portals Status Report and Ambitions 08 May 9, 08 Table of Contents Executive Summary... Findings... Appendix... Executive Summary The Mission In
This document (including, without limitation, any product roadmap or statement of direction data) illustrates the planned testing, release and
Innovation in Banking Profitable Growth through Customer Focus David Rosen Vasil Kajcovski 2 DISCLAIMER During the course of this presentation, TIBCO or its representatives may make forward-looking statements
How to comply with PSD2 Directive and the EBA-RTS? via Electra openapi
How to comply with PSD2 Directive and the EBA-RTS? via Electra openapi Gyimesi István Head of IT Development gyimesi.istvan@cardinal.hu CARDINAL Kft. Presentation on 31.05.2017 Heiter Ferenc Head of Product
Capgemini s Open Banking Marketplace
Banking the way we do it Capgemini s Open Banking Marketplace Next Gen Banking for a Connected World Traditional banking rules are shaking up We are witnessing an exciting new era in banking and financial
THE PAYMENT SERVICES DIRECTIVE II (PSD II) Liberalisation of electronic payment transactions
April 2017 THE PAYMENT SERVICES DIRECTIVE II (PSD II) Liberalisation of electronic payment transactions Hurry up! Only a few more months until January 2018, when payment service providers are obliged to
DIGITAL CASE STUDIES
DIGITAL CASE STUDIES 1 Digital Banking with an Internet-Only Bank Digital banking is at a tipping point, our clients are looking for support to create new digitally disruptive services while complying
Retail banking: Transforming for the Digital Age
www.ovum.com Retail banking: Transforming for the Digital Age Kieran Hines, Practice Leader Financial Services Technology kieran.hines@ovum.com Copyright Ovum. All rights reserved. Ovum is part of Informa
OPTIMIZED, PERSONALIZED AND DYNAMIC BANKING HOW ADVANCED ANALYTICS CAN SHAPE NEXT- LEVEL PRICING AND OFFERS
OPTIMIZED, PERSONALIZED AND DYNAMIC BANKING HOW ADVANCED ANALYTICS CAN SHAPE NEXT- LEVEL PRICING AND OFFERS New and disruptive competitors are wooing bank customers with easy, personalized, fits me interactions
UniversalSuite. One system, one view for all your banking needs; today and tomorrow. The software specialist for banking and finance
One system, one view for all your banking needs; today and tomorrow. Temenos is a market leading software provider, partnering with banks and other financial institutions to transform their businesses
117 shades of black within PSD2
117 shades of black within PSD2 Thoughts on PSD2 implementation from strategic and technical perspective. Preface Last 2+ years has brought a lot of changes within payment industry. It all started on October
Cindy Forbes. Executive Vice President & Chief Analytics Officer
Cindy Forbes Executive Vice President & Chief Analytics Officer Manulife operates globally and offers suite of financial products and solutions 4 th largest life insurer in North America 13 markets including
Inside magazine issue 19 Part 01 - From a digital perspective. Open Banking What worked in the past is not good enough for the future
Open Banking What worked in the past is not good enough for the future Meirav Hickry Partner Consulting Technology Deloitte Ronan Vander Elst Partner Deloitte Digital Steve Hauman Partner Technology &
Customer engagement: transforming the business in the age of the client
Customer engagement: transforming the business in the age of the client Silvia Carlassara CRM and Sales Planning, Intesa Sanpaolo Customer Experience Conference, Financial Services London, 25 October 2017
SMARTER DIGITAL BANKING
RETAIL BANKING FUSION DIGITAL PLATFORM & FUSION DIGITAL CHANNELS SMARTER DIGITAL BANKING Banking Without Banks? In the digital age, customers need banking but they don t necessarily need banks. To stay
This is the age of Agiliti.
This is the age of Agiliti. TM TM Banking Services for the Digital Age Today s financial services landscape is driven by digital innovation. This creates ongoing challenges for financial institutions in
Unleashing the API Economy for Banking Payment Services Directive 2 (PSD2)
IBM BusinessConnect A new era of thinking Unleashing the API Economy for Banking Payment Services Directive 2 (PSD2) Richard Gamblin Digital Transformation Architect European Technical Leader richard.gamblin@uk.ibm.com
PROSPECTUS lafferty.com
PROSPECTUS 2018 lafferty.com ABOUT LAFFERTY GROUP Senior executives at retail banks, card issuers, and payments providers around the world rely on Lafferty Group for the research, news, data and insight
The Race to Maximize Returns with Open API: A Payments Perspective
The Race to Maximize Returns with Open API: A Payments Perspective Payments ecosystem disrupted The payments industry is undergoing a rapid transformation. The proliferation of devices, changing demographics,
OPTIMISING INFORMATION WORKFLOW MANAGEMENT (IWM) IN BANKING
OPTIMISING INFORMATION WORKFLOW MANAGEMENT (IWM) IN BANKING Powerful forces are reshaping the banking industry. Customer expectations, technological capabilities, regulatory requirements, demographics
Transforming Payments in an assembly game
Open Banking API for Payments Transforming Payments in an assembly game Jean-François Delorme Partner Paiements, DXC Technology The World of Yesterday The classic French Garden style 2 Payment Industry
Challenges and solutions. related to Digital Transformation Training & workshop
Challenges and solutions related to Digital Transformation Training & workshop Agenda 09:00-09:30 Registration, coffee 09:30 11:00 Trends in digitalization Regulatory challenges (PSD2 & other) Business
customers, the rise of FinTechs has forced them to reassess their business models and align their strategies to embrace
Automated Associate Director RPA Practice Leader for Africa Deloitte Manager Africa Services Group Deloitte analysis, and in engaging with customers and employees are starting industry. These emerging
DIGITALIZATION IS NOT GOING DIGITAL THE CHALLENGE FOR RETAIL BANKS
DIGITALIZATION IS NOT GOING DIGITAL THE CHALLENGE FOR RETAIL BANKS FINANCIAL FORUM INNOVATIONS Sofia June 2016 1 TWO TRENDS ARE CONVERGING WHICH PRESENT BANKS WITH BOTH CHALLENGE AND OPPORTUNITY 1? Banks
Deloitte s Third Party Monitor
J A N U A R Y 2018 Deloitte s Third Party Monitor Turn PSD2 and Open Banking threats into business opportunities Open APIs bring new opportunities for both customers and banks. Better understanding of
Integrated Social and Enterprise Data = Enhanced Analytics
ORACLE WHITE PAPER, DECEMBER 2013 THE VALUE OF SOCIAL DATA Integrated Social and Enterprise Data = Enhanced Analytics #SocData CONTENTS Executive Summary 3 The Value of Enterprise-Specific Social Data
Digital transformation in banking
Digital transformation in banking SWIFT Business Forum November 8 th, 2017 Experts predict profound changes in banking Myth or reality? Myth? Reality? "In the next 10 years, we'll see more disruption and
Intelligent Payment Management for Today and Tomorrow Technology Advancement to Navigate the Converging Payments Landscape
Intelligent Payment Management for Today and Tomorrow Technology Advancement to Navigate the Converging Payments Landscape Adapting to the Evolution of Payments The payments industry has evolved extensively
API Banking. The shift to open banking
API Banking The shift to open banking The shift to open banking and move towards value added services. as the platform for compliance and beyond Open banking is set to have a major impact on the financial
Prepaid Management and Distribution. Voucher Management. Overview
Prepaid Management and Distribution Voucher Management Overview Contents Overview 1 TAM Positioning 2 High Level Functions 3 Voucher Life Cycle Management 4 Voucher Ordering and Distribution Management
Banking Portfolio 2016 V.11
Copyright 2016 All Rights Reserved Banking Portfolio 2016 V.11 Copyright 2016 All Rights Reserved Agenda Corporate Overview Banking Landscape Banking Portfolio Product & Solutions Banking Projects Services
AUSTRALIA SUMMER INTERN PROGRAM STREAMS
AUSTRALIA SUMMER INTERN PROGRAM STREAMS Explore your options in Australia Before you apply for the ANZ Australia Summer Intern Program, you ll need to work out what part of our business best suits your
Transaction Banking: Can The New Industry Darling Rise To The Occasion?
A Point of View by Oracle Financial Services Transaction Banking: Can The New Industry Darling Rise To The Occasion? Once thought of as investment banking s less glamorous sibling, transaction banking
DIGITAL BANKING&FINTECH
DIGITAL BANKING&FINTECH ITU REGIONAL FORUM July 2017, Astana Markus Treutle AGENDA 1. WHO WE ARE 2. THE VISION ON DIGITAL BANKING 3. SUCCESS STORIES 2 2017 Wirecard AG WHO WE ARE WIRECARD PRODUCTS & SOLUTIONS
Kernefunktioner 1 PSD2. The way to customer loyalty. The PSD2 way to customer loyalty 1
Kernefunktioner 1 PSD2 The way to customer loyalty The PSD2 way to customer loyalty 1 2 The PSD2 way to customer loyalty Introduction The changes facing the banking industry is an opportunity for some
Open Banking: the technology revolution sweeping across the banking industry. Policy Pulse June 2018 compendium
Open Banking: the technology revolution sweeping across the banking industry Policy Pulse June 2018 compendium Eamonn McGrath UK Head of Regulatory & Public Policy Loree M. Gourley UK Director of Regulatory
itsmf Annual Conference 2012
itsmf Annual Conference 2012 IBM Cloud Adoption Patterns Rethink IT, Reinvent Business Mr. Alwyn Tse Technical Consultant, Software Group, IBM China/HK Ltd Rethink IT and reinvent business with IBM SmartCloud.
Bango 1h2018 results presentation
Bango 1h2018 results presentation 18 September 2018 Ray Anderson, CEO and co-founder Rachel Elias-Jones, CFO Anil Malhotra, CMO and co-founder Version 2018 Bango PLC bango.com Business highlights Payment
Banking and Capital Markets. Shaji Farooq VP & Head - BCM - USA
Banking and Capital Markets Shaji Farooq VP & Head - BCM - USA Safe Harbor Certain statements made in this Analyst Meet concerning our future growth prospects are forward looking statements, which involve
Wyze Fintech Startup Studio Introduction
Wyze Fintech Startup Studio Introduction END-CUSTOMER BANKS /BANKING CORE OPERATION Project portfolio of Wyze Fintech Startup Studio Wyze Fintech Startup Studio B2B2C Fintech App developer B2B2C Financial
It starts today. Chief Executive Officer s Message
It starts today Darryl White Chief Executive Officer BMO is on the move. Adapting. Innovating. Working hard to anticipate customers expectations and deliver value to shareholders. Always. Now it s year
Connected Banking Through Enhanced B2B
White Paper Connected Banking Through Enhanced B2B Sponsored by: IBM Jerry Silva October 2017 IN THIS WHITE PAPER Digital transformation is the driving force behind new initiatives in financial services
USTGlobal. DIGITAL BANKING TRENDS AND INNOVATIONS A UST Global POV
USTGlobal DIGITAL BANKING TRENDS AND INNOVATIONS A UST Global POV September, 2016 DIGITAL BANKING TRENDS & INNOVATIONS Introduction Digital banking is not an option; rather, it is a must-have strategy
HYBRIS AND THE FUTURE OF COMMERCE OUR IMPLEMENTATION STORY IBM Corporation
HYBRIS AND THE FUTURE OF COMMERCE OUR IMPLEMENTATION STORY 1 2015 IBM Corporation PRIORITIES AND TRENDS CUSTOMERS KNOW BRANDS NOT CHANNELS PURCHASE PATH IS NOT LINEAR COMMERCE LANDSCAPE HAS SHIFTED CUSTOMERS
Business Capability Accelerators
Business Capability Accelerators Core Componentization Marvin Foest & Guy Hammon, FIS VPs Solution Architecture April 2017 The Financial Services Industry Regulatory Change $295 BILLION will be squeezed
Digital Banking BPC s Vision
Digital Banking BPC s Vision MEXICO CLIENT CONFERENCE 2017 BPC Banking Technologies 2017 Mexico City bpcbt.com Topics 1 Future of banking 2 Global digital innovation market trends 3 BPC Vision 4 BPC Solution
Introducing Certino. Tax intelligence to reduce the cost of your shadow payroll
Introducing Certino Tax intelligence to reduce the cost of your shadow payroll Welcome to Certino We are a brand new company with a unique approach to providing true tax intelligence for our customers.