Intellect Global Transaction Banking | iGTB’s Post

Banking is undergoing a transformation, with Payments leading the way. Learn the 8 CRITICAL FACTORS to build a robust payments platform. #Payments #BankingOpportunities

Participating in last week’s AIM Congress "Revolution of Banking: The Emergence of Neo-Banks" alongside Dr. Krunoslav Ris, PMP®, PBA® Anna Tutova Kelvin Tan Rajesh Johnny Prakash S. Dr. Abdulrahman Al-Ansari was truly insightful.   Here are my key takeaways:   📱 Customer Experience Shake-Up: Neo-banks and FinTechs are bringing in new rules in the banking industry by offering digital-first experiences and seamless onboarding 🤝 Innovation Through Collaboration: The dynamic partnership between traditional banks and FinTechs is not just creating game-changing payment solutions for tech-savvy consumers but also inspiring a new wave of innovation which will transform the entire financial ecosystem 📄 Regulation Paving The Way: In partnership with all types of financial institutions will lead to a new era of compliance and cutting-edge payment technology   It's an exhilarating time in the banking industry, particularly here in MEA, with these payment innovations reshaping the landscape.   #AIMCongress #JPMorganPayments #PaymentsInnovation #NeoBanks #FinTech Kiat-Seng Lim Sorab Khan Jason Clinton Sara Castelhano Ruya N. Valentin Remeuz

Securing digital transactions: The global shift towards embedded payments Jennifer Marriner, Global Head of Acceptance at Mastercard, discusses how #tokenization and #embedded experiences are enhancing the digital checkout process in the year ahead. Focusing on the global rollout of #solution technologies, such as Mastercard’s ‘Click to Pay,’ we tackle the concerns raised from fragmented customer experiences and how they are being addressed. We hear how physical payments are shaping the standard for online transactions, and how innovations like #biometric #authentication are refining #seamless #payments and strengthening #security in the upcoming year. https://lnkd.in/e8u2KDUF #FinextraTV #fintech #finance #thoughtleadership #paymentservices #ecommerce #embeddedpayments #embeddedfinance #cardpayments  #modernization #digitalization #digitalzation #cloudservices #innovation #embeddedsystems #solutions #customerexperience #fragmentation #banks #banking #financialservices #financialinstitutions  #hyperpersonalization #frictionless #fraud #antifraud #digitaltransformation #insights #digitalpayments #trends #onlinepayments #seamlesstransactions #Mastercard #ClicktoPay

Prepaid cards, once perceived as a niche product, have become integral to the neo-banking ecosystem They offer a compelling alternative to traditional banking products, with their simplicity, flexibility, and lack of credit checks attracting a broad demographic Shrikant Sushree Hiren Devale Bhagyashree Bhatkar Manthan Gudekar Sarika Shinde ANIL GUNDAM Sagar TransBnk - Transaction Banking Platform Blostem Lavin Pulak Sachin Picxele™ #AuroFintech #AccountValidation #NeoBanking #PrepaidCards

Instant payments are revolutionizing the banking landscape, driven by the growing demand for fast and efficient financial transactions. With transaction volumes expected to reach 100 billion annually by 2028, this surge reflects a shift towards immediacy and convenience in financial services. The rise of instant payments is compelling banks to innovate and enhance their digital offerings to meet customer expectations. As technology and regulatory support continue to advance, the adoption of instant payments is set to accelerate, transforming how financial institutions operate and compete in the market. #instantpayment #fintechfacts #paymentsindustry #wibmo

ClearBank's European Expansion: A Significant Development for Embedded Banking and Fintech ClearBank just secured a Dutch banking license, marking a significant step in their European expansion. This move enables them to offer Euro accounts and payments alongside Sterling, opening up access to major European payment rails like SEPA and TARGET2. What does this mean for the market? > Increased Competition in Embedded Banking: ClearBank's modern, cloud-native platform and focus on real-time clearing offer a compelling alternative to traditional banking infrastructure. This will likely spur innovation and put pressure on incumbents to improve their offerings. > Opportunities for Fintechs: ClearBank's API-driven solutions and multi-currency capabilities make it an attractive partner for fintechs looking to expand across Europe. We can expect to see new and exciting collaborations in the coming months. > Accelerated Adoption of Real-Time Payments: ClearBank's focus on real-time payments aligns with the broader trend towards faster and more efficient payment systems. This move will likely contribute to the wider adoption of real-time payments across Europe. #fintech #embeddedbanking #payments #ClearBank #SEPA #TARGET2 #EuropeanCentralBank #DeNederlandscheBank

What is really happening across the Payments industry globally and where do the opportunities lie today for businesses? How does activity differ from region to region? Our cross-sector #Payments expertise puts us in a unique position to offer strategic guidance alongside world-class engineering and agile implementation. Dial into our live webinar tomorrow morning (10AM AEST) with FinTech Australia to hear from four of our global Payment experts on the direction of Real-Time Payments, Open Banking and the evolution of traditional gateways. Secure your spot now via https://okt.to/MpsQci #EndavaAustralia #EndavaAPAC #FintechAU #FintechAustralia #PaymentTrends #GlobalInsights #FreeWebinar #RealTimePayments #OpenBanking #PaymentGateways

Our Chief Delivery & Risk Officer, Karthik Sethuraman, shared his insights with The Fintech Times on embedded finance, where financial services have seamlessly integrated into everyday products and services across the world. Highlighting the growing demand for seamless digital financial services in Southeast Asia, he emphasised the pivotal role of partnerships between Banking-as-a-Service (BaaS) providers and fintechs in modernising infrastructure and enhancing offerings for banks, financial institutions, and end-users. An example is audax's partnership with Thought Machine, where audax’s scalable digital banking technology platform is integrated with Thought Machine’s configurable core banking technology, enabling swift infrastructure modernisation and customisable financial products for institutions and end customers. Read the full article: 🔗 https://lnkd.in/emVdZsHj Discover how we’ve built a platform that enables banks to better serve their customers through embedded finance and BaaS 👉 https://lnkd.in/gkPG_kqB #audax #pushfrontiers #DigitalBanking #EmbeddedFinance #BankingasaService #FinTech #yeswecanlah

NEO (getneo.com) Founder and CEO, Laurent Descout, spoke to The Banker about why more firms are ditching legacy relationships and switching to providers of new technology such as digital wallets which enable same-day payments and simplify international banking.   Read the full article here: https://lnkd.in/dGDtPrtz   #Banks #DigitalWallets #Payments #Fintech

🔍 Curious about the future of payments? The "Future of Payments 2024" report by Raconteur delves into the latest trends and technologies shaping the payments landscape. You will also hear from AutoRek's Nick Botha on the challenges banks are facing with the shift to instant payments 🌐💳 👉 Read more: https://lnkd.in/eyaPmfVB #Fintech #Payments #Banking #Innovation