Open Banking – Collaboration Is The Key Earlier in the Banking industry, customer data and transactions information was available only to the respective banks. With the advent of digitization, Open Banking, and the presence of IoT and machine learning, customer and their transactional information are available for viewing by multiple stakeholders in the banking ecosystem. …
Understanding Host-To-Host Payment Introduction We live in an era of true global commerce, with even the smallest online business capable of buying and selling goods worldwide. Host to host connectivity is a type of digital transformation that establishes a direct link between a businessman and each different bank based on the standard that the bank …
Need for Speed: Are banks ready to face the instant payments revolution Instant, swift and ubiquitous the age of real time payments is here. Is your bank ready? If banks want to fit in and keep up, they need to be in the ‘Give it right now, need it yesterday’ mode. Yes, this is the …
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