Remove Banking 2020 Remove Capital Remove Management Remove Payments
article thumbnail

New But Not Yet Normal: Can Agility Make the Difference?

Banking 2020

and corresponding liquidity pressures, which were aimed at making the banking system shock-proof are indicating an erosion of growth in many high potential markets. Corporations need support in working capital optimization and banks are at the cusp of seizing this opportunity by demonstrating the agility to change the trade landscape.

Capital 40
article thumbnail

Google, Samsung join MasterCard tokenization scheme

Banking 2020

The Digital Enablement Express scheme was launched in early September, with Capital One, Fifth Third Bank and KeyBank among the first issuers on board. It makes it easier for wallets like Android Pay or Samsung Pay to request payment tokens via the MasterCard Digital Enablement Service. What is tokenization?

Samsung 40
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

4 Ways Global Transaction Banking is Changing

Banking 2020

Below are some of the key changes which are taking place in the transaction banking space right now. A few banks have already initiated these changes but many are waiting to follow. Restructuring: The days of having separate business units responsible for cash management, payments and trade finance in banks are over.

article thumbnail

FI Highlight: Westpac New Zealand

Banking 2020

We recently touched base with Shane Howell, Chief Product Officer, Westpac New Zealand , to discuss how Westpac’s mobile payment sticker roll-out was a strategic risk worth taking. In a few sentences, can you tell us about Westpac Bank? . Can you tell us about the recent mobile payment stickers Westpac recently launched?

Mobile 47
article thumbnail

PWC Takes Very Optimistic View Of Retail Banking

Tech and Finance

PWC Retail banking. In its report on Retail Banking 2020 — Evolution or Revolution, PWC optimistically ignores many of the details of its survey and concludes that banking has a great days ahead. Banks need to decide whether they want to shape the industry, become fast followers or manage defensively, the report added.

Retail 28
article thumbnail

PWC Takes Very Optimistic View Of Retail Banking

Tech and Finance

PWC Retail banking. In its report on Retail Banking 2020 — Evolution or Revolution, PWC optimistically ignores many of the details of its survey and concludes that banking has a great days ahead. Banks need to decide whether they want to shape the industry, become fast followers or manage defensively, the report added.

Retail 28
article thumbnail

EMV Chip Cards: It’s Time to Educate Your Small Business Customers

Banking 2020

Big changes are happening in the credit card processing industry that will impact every business accepting credit card payments. It is a payment specification that defines how chip-based credit cards (smart cards) will interface with new credit card terminals and Point-of-Sale (POS) systems at Card-Present (brick and mortar) businesses.

Cards 40