This year, real-time payments are advancing in the US and Europe. Global financial services provider D+H has been working closely with the banks to help them prepare for this change. PaymentEye sat down with Moti Porath, Head of Product Management, Global Payments Solutions at D+H, to find out how the adoption of instant payments will affect the payments landscapes in these markets.
A new report published by Earnix shows findings stating that most millennials will use a single portal to aggregate services from multiple banks with which they have existing customer relationships in the future. The report, The Role of Analytics in the New Banking Age 2017, also states that most banks believe predictive analytics and machine learning will become the most powerful way to win back customers over the next five years.
The deal, which was first announced in July 2016, should now be concluded quickly.
The crowdfunding was part of a £22m funding round that will support the launch of a current account facility.
Richard Broadbent, General Manager, Banking, Wincor Nixdorf UK/I, explains how customer attitudes to loyalty are changing because of technology.
Kevin McAdam, director of prepaid at allpay Limited, discusses the speed and ease of online payments.
Panellists had different opinions on whether the legislation provided any upside for banks, but did agree that it was the biggest change to the industry for over half a millennium.
Amin Lalani, CIO Executive at Huawei Western Europe, explores the rise of self-serving banks.
As more consumers view their smartphone as the first point of contact with their bank, it's important for retail banks to maintain customer loyalty and adopt new services.
The facts on how mobile device adoption continues to accelerate, and how payments can benefit from this.
