How European banks should future proof their payments platforms
Institutions have a short window to get ahead of market, technological and regulatory changes
This podcast is part of the After Hours by RedCompass Labs series.
Where the best and brightest in the financial services industry tell what they really think about payments.
A day doesn’t seem to go by without hearing a new example of disruptive technology impacting the financial services industry.
How is disruptive technology such as the cloud and AI truly being leveraged? Why shouldn’t banks take full one-stop solutions from vendors or build everything themselves? Amid speculation and hyperbole, it can be challenging to separate the wheat from the chaff. Find out how next-generation vendors truly are helping banks improve their quality customer propositions, speed up service delivery, and tackle system outages.
In this 6th episode of the After Hours by RedCompass Labs podcast, our very special guest, Liam Leahy, Managing Director – Sales, EMEA & Americas at Thought Machine, shares the challenges and opportunities faced by the financial services industry in their path to further innovation.
If you’re curious to know how technology is impacting the way banks operate, this is an episode you don’t want to miss.
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RedCompass Labs
Institutions have a short window to get ahead of market, technological and regulatory changes
Payments modernization is still manual. AI can change that, but only if we can prove it
Most payments modernization projects overrun, go over budget, and fail to deliver to the original spec.
Over half of banks have delayed or scaled back a project.
The articles you read, shared, and talked about most this year
Payments are evolving faster than many banks can respond
The gap between what banks need and what their payments platform delivers
Why does this happen?
From Open Banking and stablecoins to fair fees and faster access
We once trusted humans to type payments over telex.
Payments modernization has four systemic issues. Can we fix them?
The payments industry is no stranger to transformation, and today...
AI helps banks modernize payments faster.
Europe adds payee checks to instant payments
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