New blogs on instant payments, open banking and future developments
equensWorldline@Sibos in Sydney - October 2018
Being the European leader in payments and digital services, equensWorldline closely follows the news and insights presented at Sibos 2018. This special section on our website has been created for everyone who’s interested in what’s happening at this premier conference. Whether you are able to attend Sibos 2018 or not, we will provide you with the latest insights from industry-leaders.
This year we are focusing on three relevant and hot topics: Instant Payments, Open Banking and Future Developments. We’ll create a special series of Sibos-related blogs around these topics, based on presentations and panel discussions that will take place during Sibos. Interested? Stay tuned and check out our Sibos updates from 22 - 25 October.
Blog - Vision ECB, Yves MerschComing soon
Why are there no European companies competing in the battle for global payment solutions?
Yves Mersch of the ECB will elaborate on why it is important that Europe is not reliant on non-European payment providers and why he hopes that in the future there will be a global payment solution coming from the eurozone.
Marc Campi, Digital Marketing Director at BNP Paribas, will explain hat going digital is just one way to simplify the service and respond to the customer's wishes. The focus of the bank lies on the completion of cross-channel integration, as consumers are using websites, mobile apps and physical banks interchangeably.
Open Theater session23 October 2018 - 10:45 till 11:15
Enabling Innovation Through Payments Platform Transformation
We look forward to welcoming you at our Open Theater session " Best Practices for Banks - Enabling Innovation Through Payments Platform Transformation". In this session Thomas Feiler (Manager Product Management Global Payments at equensWorldline) will present best practice examples of banks adapting to the challenges of the payments market.
More and more countries around the globe have implemented or are looking to implement real-time payment solutions. Also, regional cross-border schemes like the European Payment Council's new rulebook for instant payments (SCT Inst) are expected to gain traction and define the future of payments.
Since its birth, the Internet has opened systems and industries to the creativity of new players. Innovation is, in essence, what PSD2 is about. PSD2 is much more than making an API to connect to the core banking system. It's is a way to shape and create what we believe will be the platform economy of retail banking and payments.
In today’s changing payments landscape, banks are subject to many forces affecting their business. There is a fundamental shift in the understanding of the role of a bank from storing, moving and lending money to a more service-driven entity that tailors for individual customers’ needs. This challenges the traditional value-chain.