Intellect Global Transaction Banking | iGTB’s Post

#Money2020Asia: A recap of the fireside chat sessions that took place on Day 1 and 2 at the audax booth, featuring speakers from Amazon Web Services (AWS), Synpulse, Thought Machine and Paymentology. Speaking with our Chief Product & Commercial Officer, Sachin Rajat Sharma on Day 1, Niall Reilly highlighted the significant opportunities for new business models in banking, emphasising the transformative role of cloud-based technologies, particularly those offered by AWS, and their potential for financial institutions. During the session with Daniel B., he delved into various topics such as the current state of virtual banking in Thailand and strategies for banks to enhance their digital ecosystem and navigate the integration of new technologies to maintain a competitive edge. On Day 2, Jyotin Lad joined our Head of Commercial, Mike Breen to discuss the collaborative partnership between audax and Thought Machine, aimed at enhancing digital banking services and unlocking advantages for banks. Lastly, during the session with David Smith, he explored the evolving landscape of Cards-as-a-Service (#CaaS), focusing on how the innovation facilitates the breakdown of traditional barriers in financial services, the challenges faced by businesses adopting CaaS, and how Paymentology can assist in ensuring seamless operation and user experience. A big thank you to all our speakers! Money20/20 #audax #pushfrontiers #DigitalBanking #EmbeddedFinance #BankingasaService #FinTech #yeswecanlah

Discover how Plug & Bank and next-gen banking are revolutionizing finance. Learn how fintech and neobanks are driving growth and transforming the banking landscape! 🚀 #Fintech #Neobanks

As we enter 2024, the payments industry is undergoing a seismic shift, driven by technological advancements and changing consumer behaviors. Here are some key trends that will shape the payments landscape this year: 📲 Contactless Dominance: Contactless payments are no longer just a preference – they're becoming the norm. With the increased emphasis on hygiene and convenience, expect contactless transactions to continue their upward trajectory. 🌐 Digital Currencies on the Rise: The rise of digital currencies, both central bank-backed and decentralized, is reshaping how we perceive and use money. Keep an eye on developments in the world of cryptocurrencies as they continue to gain traction. 🔒 Biometric Authentication: Security is paramount, and biometric authentication is emerging as a game-changer. Expect to see more widespread use of fingerprint scans, facial recognition, and other biometric methods to enhance payment security. 🤖 AI-Driven Personalization: Artificial Intelligence is transforming the payments experience. From personalized recommendations to fraud detection, AI is enhancing efficiency and customization in payment processes. 🔄 Embedded Finance: The integration of financial services into non-financial platforms is blurring the lines between industries. Keep an eye on how embedded finance is reshaping customer experiences, from e-commerce to social media. 🌱 Sustainable and Ethical Payments: Expect to see more initiatives for eco-friendly and ethical payment options. Consumers are becoming conscious of their impact, and businesses are responding with green payment solutions. 🚀 Decentralized Finance (DeFi) Expansion: DeFi continues to gain momentum, providing decentralized alternatives to traditional financial services. Explore how this movement is reshaping lending, borrowing, and other financial transactions. 🔄 Subscription-Based Payments: Subscription models are extending beyond streaming services. From groceries to software, more industries are adopting subscription-based payment structures. Explore the implications for customer loyalty and revenue models. 2024 promises to be an exciting year for the payments industry, with these trends driving innovation and reshaping the way we transact. 💼💬 What payment trends are you most excited about? #PaymentTrends #2024InPayments #InnovationInFinance

Don't miss our Chief Revenue Officer, Anna Porra's FF News | Fintech Finance interview at Money20/20 Europe as she shares insight on innovation and opportunities in the payment ecosystem. “Firstly, banks and financial institutions need to transition from being direct providers to end customers. This shift opens up new revenue opportunities for banks and by collaborating with third-party platforms, they can access customers they previously couldn’t reach; enabling cross-selling and expansion into new regions and countries." ➡️ https://lnkd.in/deg4NGfc #Payments #Cloud #PaymentEcosystem #Innovation #Banks #FinancialInstitution

The MoneyLIVE Trends Report, in partnership with FICO, is available to access! Access the report here >> https://lnkd.in/eqGYpFpJ Combining the insights from our C-suite Advisory Board with the expertise of the speakers at MoneyLIVE Summit, who included the CEO, Consumer Relationships of Lloyds Banking Group, the UK CEO of Revolut, and the UK CEO of Standard Chartered, this report pulls out the 10 key trends driving the banking and payments industry forward. Here's an intro one of our 10 trends: All eyes on the digital euro: how will the digital euro impact banks, in particular their deposit balances? That’s the question we’re asking in this key trend. Discover all 10 trends by accessing the report here >> https://lnkd.in/eqGYpFpJ #MLSummit24 #banking #payments #valuechain #financialservices #report #trendsreport #disinflation #ai #aiimplementation #openpayments #digitaleuro #apis #api #cloud #cloudcomposablearchitecture #fraud #greentransition #financialwellbeing

#FinTech #PaymentsIndustryInsights 🌐💳 | 2024 #Payments Trends 🔥 💡 In the dynamic landscape of payments, providers are embracing transformation. From DeFi to Al, tech is reshaping the game. Legacy firms adapt to regulations and new rivals. 📈 𝐀𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧: ISO 20022, PSD3, BigTech's rise - fueling rapid change. The pace won't slow. Economic shifts in 2023 push execs toward engaged financial partners. 💼 𝐄𝐧𝐭𝐞𝐫𝐩𝐫𝐢𝐬𝐞 𝐄𝐧𝐠𝐚𝐠𝐞𝐦𝐞𝐧𝐭: Despite global uncertainty, incumbent support often falls short. Treasurers seek efficient, tech-driven solutions. Commercial payments ride the digital wave, opening new value streams. 💳 𝐍𝐞𝐰 𝐀𝐯𝐞𝐧𝐮𝐞𝐬 𝐀𝐡𝐞𝐚𝐝: Card alternatives rise, instant payments gain ground. Regulatory push fuels adoption. Real-time treasury management enhances efficiency and decision-making. 🌐 𝐓𝐞𝐜𝐡 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧: Advancements reshape the value chain. Tokenization enhances security, AI and automation boost productivity. Central banks explore CBDC for faster cross-border payments. ☁️ 𝐂𝐥𝐨𝐮𝐝-𝐏𝐨𝐰𝐞𝐫𝐞𝐝 𝐅𝐮𝐭𝐮𝐫𝐞: Payment firms embrace cloud services, crafting composable platforms. The result? A suite of innovative payment solutions. 🔄 𝐒𝐭𝐫𝐞𝐚𝐦𝐥𝐢𝐧𝐢𝐧𝐠 𝐅𝐨𝐜𝐮𝐬: 2024's spotlight - composable architectures, global networks, and digital transformation of payables and receivables. The industry shifts gears, reinventing models to meet evolving customer expectations. 🔮 𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐀𝐡𝐞𝐚𝐝: In 2024, payments will center on tech adoption and reinventing business models. Exciting times ahead! 🚀💰

#FinTech #PaymentsIndustryInsights 🌐💳 | 2024 #Payments Trends 🔥 💡 In the dynamic landscape of payments, providers are embracing transformation. From DeFi to Al, tech is reshaping the game. Legacy firms adapt to regulations and new rivals. 📈 𝐀𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧: ISO 20022, PSD3, BigTech's rise - fueling rapid change. The pace won't slow. Economic shifts in 2023 push execs toward engaged financial partners. 💼 𝐄𝐧𝐭𝐞𝐫𝐩𝐫𝐢𝐬𝐞 𝐄𝐧𝐠𝐚𝐠𝐞𝐦𝐞𝐧𝐭: Despite global uncertainty, incumbent support often falls short. Treasurers seek efficient, tech-driven solutions. Commercial payments ride the digital wave, opening new value streams. 💳 𝐍𝐞𝐰 𝐀𝐯𝐞𝐧𝐮𝐞𝐬 𝐀𝐡𝐞𝐚𝐝: Card alternatives rise, instant payments gain ground. Regulatory push fuels adoption. Real-time treasury management enhances efficiency and decision-making. 🌐 𝐓𝐞𝐜𝐡 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧: Advancements reshape the value chain. Tokenization enhances security, AI and automation boost productivity. Central banks explore CBDC for faster cross-border payments. ☁️ 𝐂𝐥𝐨𝐮𝐝-𝐏𝐨𝐰𝐞𝐫𝐞𝐝 𝐅𝐮𝐭𝐮𝐫𝐞: Payment firms embrace cloud services, crafting composable platforms. The result? A suite of innovative payment solutions. 🔄 𝐒𝐭𝐫𝐞𝐚𝐦𝐥𝐢𝐧𝐢𝐧𝐠 𝐅𝐨𝐜𝐮𝐬: 2024's spotlight - composable architectures, global networks, and digital transformation of payables and receivables. The industry shifts gears, reinventing models to meet evolving customer expectations. 🔮 𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐀𝐡𝐞𝐚𝐝: In 2024, payments will center on tech adoption and reinventing business models. Exciting times ahead! 🚀💰

#FinTech #PaymentsIndustryInsights 🌐💳 | 2024 #Payments Trends 🔥 💡 In the dynamic landscape of payments, providers are embracing transformation. From DeFi to Al, tech is reshaping the game. Legacy firms adapt to regulations and new rivals. 📈 𝐀𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧: ISO 20022, PSD3, BigTech's rise - fueling rapid change. The pace won't slow. Economic shifts in 2023 push execs toward engaged financial partners. 💼 𝐄𝐧𝐭𝐞𝐫𝐩𝐫𝐢𝐬𝐞 𝐄𝐧𝐠𝐚𝐠𝐞𝐦𝐞𝐧𝐭: Despite global uncertainty, incumbent support often falls short. Treasurers seek efficient, tech-driven solutions. Commercial payments ride the digital wave, opening new value streams. 💳 𝐍𝐞𝐰 𝐀𝐯𝐞𝐧𝐮𝐞𝐬 𝐀𝐡𝐞𝐚𝐝: Card alternatives rise, instant payments gain ground. Regulatory push fuels adoption. Real-time treasury management enhances efficiency and decision-making. 🌐 𝐓𝐞𝐜𝐡 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧: Advancements reshape the value chain. Tokenization enhances security, AI and automation boost productivity. Central banks explore CBDC for faster cross-border payments. ☁️ 𝐂𝐥𝐨𝐮𝐝-𝐏𝐨𝐰𝐞𝐫𝐞𝐝 𝐅𝐮𝐭𝐮𝐫𝐞: Payment firms embrace cloud services, crafting composable platforms. The result? A suite of innovative payment solutions. 🔄 𝐒𝐭𝐫𝐞𝐚𝐦𝐥𝐢𝐧𝐢𝐧𝐠 𝐅𝐨𝐜𝐮𝐬: 2024's spotlight - composable architectures, global networks, and digital transformation of payables and receivables. The industry shifts gears, reinventing models to meet evolving customer expectations. 🔮 𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐀𝐡𝐞𝐚𝐝: In 2024, payments will center on tech adoption and reinventing business models. Exciting times ahead! 🚀💰

The Evolution of Digital Payments In our rapidly advancing world, digital payments have revolutionized the way we handle transactions, bringing about unparalleled convenience and efficiency. From the widespread use of digital wallets to the rise of contactless payments for a safer experience, this shift is not just a trend but a transformative force shaping the global economy. The era of digital payments signifies not just a trend but a fundamental shift towards a more connected, accessible, and secure financial world. As technology continues to evolve, embracing digital payments becomes crucial for businesses and consumers alike, offering a glimpse into the future of finance at our fingertips. #fintech #digitalpayments #financefreedom #fintechsolutions #ecommercesuccess Swich

The world of finance is transforming with the rise of cashless economies and innovations in digital payment systems. Curious about what's next? Explore the future of digital payments in our blog - https://lnkd.in/dnaA9qZe #ifocussystec #digitaltransformation #digitalengineering #dataengineering #qualityengineering #productengineering #healthcarrequalityengineering