Helle Koggersboel, Department Manager at equensWorldline, will present the current trends in the payments market and how they are challenging financial institutions.
Sibos 2019 | We keep you posted!
23 - 26 September 2019 | booth W134
Like last year we will create a special series of Sibos-related blogs, based on presentations and panel discussions that will take place during Sibos. These blogs will focus around three relevant and hot topics: Instant Payments, Open Banking and Future Developments. We invite you to read these interesting insights.
We look forward to meeting you at Sibos 2019 in London.
SIBOS 2019 day 1: New challenges due to Open Banking and the benefits of Instant Payments
The first day of Sibos showed that stakeholders in the market have embraced the importance of APIs. APIs play a crucial role in enabling customer data to third parties in the age of Open Banking. This means that APIs are no longer seen as a difficult technical matter, but as a crucial building block for the future.Read the blog
Looking ahead to Sibos 2019: five questions to Tom Nijenhuis
Tom Nijenhuis, Division Manager Corporate Affairs at equensWorldline, will attend several sessions and discussions, collect interesting views and will share his insights via live blogging from London. And he's looking forward to it! Are you interested to see and hear what are the expectations for Sibos, and which topics have our special attention?Watch the video
‘The SPL scheme could be seen as a possible building block towards the development of pan-European payment solutions’
In this blog Christophe Godefroi, Senior Expert Standards and New Developments at the European Payments Council (EPC), talks about where we stand with the SPL scheme and what the value of this scheme is.Read the blog
Interested to know what's going on at Sibos? Read the latest updates and live blogs, straight from London!
We will report live on what's happening at Sibos 2019 in London. If you're interested in the most interesting sessions, industry insights and updates, you've come to the right place. On the left, you can see our latest blog. But there's a lot more! Interested? Click on the link below.Read all our Sibos blogs!
Instant Payments enable banks to process transactions within seconds on a 24/7/365 basis. We believe that real-time payments will become the new normal – not only for domestic but also for cross-border transactions. Implemented domestic instant payment schemes have proven to be a success in countries such as the United Kingdom, Japan, Poland, Sweden, Denmark, Singapore and Mexico. In the Netherlands seven Dutch banks started to introduce instant payments using our CSM (Clearing and Settlement Mechanism) system in 2019. Due to the large-scale launch of real-time payments in the Netherlands, equensWorldline has become the biggest processor of instant payments in the Eurozone, handling millions of instant payment transactions per week.Read more
With the introduction of PSD2, banks have to allow third parties access to their customers’ payment (account) data, in order to stimulate competition in the finance sector. Fintech start-ups and bigtechs such as Google, Amazon and Facebook have become third-party payment providers (TPPs), completely changing the landscape for banks and its end customers. In June, 25 banks in 7 European countries have reached the first milestone for PSD2 compliance with equensWorldline's support. These banks were among the first that have the required testing facilities ready in accordance with the timetable prescribed by the European Banking Authority (EBA) and corresponding National Competent Authorities (NCA). But still a lot needs to be done.Read more
The payments industry is going through tremendous change. Legislations such as PSD2, the entry of third-party payment providers and rapidly evolving technologies in the world of banking are changing the way banks operate and the way society deals with money. As a result, banks are forced to change their traditional business models, as they are no longer a guarantee for success. Banks are entering unknown territory, collaborating with fintechs and competing against bigtechs.Read more