According to FinTech Magazine, while "a survey from Airwallex found that although 83% of SMBs are interested in acquiring financial services through their SaaS platforms, only 9% currently have access to these services." Read more about Embedded Finance ?? https://hubs.ly/Q02VwrLm0
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??This insightful article by Dharmesh Mistry emphasizes the importance of #transparency for #fintech vendors in an increasingly open world. It argues that vendors, whether offering cloud-native core banking systems or Banking-as-a-Service (BaaS), should be clear about pricing, provide open access to API documentation and sandboxes, and share system performance metrics like availability. It is important for vendors to focus less on marketing and more on openness!
Don’t believe the hype: how transparent is your core?
https://www.fintechfutures.com
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?? Digital payments are revolutionizing how businesses operate, and if you're not on board yet, you're missing out! Our latest blog, "Digital Payment Solutions: [Pro Tips]," is a must-read for anyone looking to enhance their payment systems and boost business efficiency. ?? Discover: Cutting-Edge Payment Technologies: Stay ahead with the latest innovations. Security Best Practices: Protect your transactions and gain customer trust. Integration Tips: Seamlessly incorporate digital payments into your existing systems. Whether you're a startup or an established business, these pro tips will guide you through the complexities of digital payment solutions. Don’t let your business fall behind—embrace the future of transactions today! ?? Dive in now and revolutionize your payment strategies! https://lnkd.in/dAYs-WNM #DigitalPayments #BusinessInnovation #Fintech
Digital Payment Solutions: [Pro Tips]
https://aredgroup.com
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Struggling with Legacy Systems? You're Not Alone. Did you know as many as 75% of financial institutions are battling to embrace new payment options and beef up cybersecurity—all because they're still hitched to legacy systems. Fred Fuller, Global Head of Banking at Endava, sheds light on the situation: "Modern banking and a cloud-based core go hand-in-hand," he says. "But migrating a legacy monolithic core to the cloud? Not quite modernisation." So, what's the solution? Partnering up with tech providers who can seamlessly integrate and manage a new core system. Or one that can layer their own system alongside your legacy one. Upgrading existing tech is still top of the to-do list for many FIs. From open banking to payment gateways, it's all about enhancing that digital customer experience and beefing up security to keep the fraudsters at bay - but with the pace of customer requirements, a full upgrade isn't always feasible. With the right software in your arsenal, you can layer new systems alongside your legacy programmes, minimising downtime and maximizing innovation. Seamlessly integrating with your existing setup, the right software ensures a smooth transition to the future of banking—no headaches, no hassles, and no company wide training for a sparkly new deployment that no one knows how to use... #Fintech #LegacySystems #DigitalTransformation
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Attending EBAday? Enterprises face increasing complexity in managing various payment types and methods, leading many to adopt platform-based strategies to streamline costs and add value. Don't miss Red Hat's Ramon Villarreal, Payments Sector Global Lead, as he talks about how such strategies can enhance agility and simplify payment processes, with insights from leading institutions on leveraging these platforms to revolutionize enterprise-wide payments. Hybrid Cloud Innovations: How to thrive in a platform-led payments market 18 June | 13:00 - 13:15 #EBAday #FinancialServices #Banking #Payments
EBAday Session: Hybrid Cloud Innovations: How to thrive in a platform-led payments market
ebaday.com
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Attending EBAday? Enterprises face increasing complexity in managing various payment types and methods, leading many to adopt platform-based strategies to streamline costs and add value. Don't miss Red Hat's Ramon Villarreal, Payments Sector Global Lead, as he talks about how such strategies can enhance agility and simplify payment processes, with insights from leading institutions on leveraging these platforms to revolutionize enterprise-wide payments. Hybrid Cloud Innovations: How to thrive in a platform-led payments market 18 June | 13:00 - 13:15 #EBAday #FinancialServices #Banking #Payments
EBAday Session: Hybrid Cloud Innovations: How to thrive in a platform-led payments market
ebaday.com
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How and why is a platform-based approach fast becoming the payments paradigm? What are the key considerations to drive long-term business value and ROI? Red Hat payments lead Ramon Villarreal explores on the Finextra blog
Why Hybrid Cloud Platforms are the new Payments Paradigm
finextra.com
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How and why is a platform-based approach fast becoming the payments paradigm? What are the key considerations to drive long-term business value and ROI? Red Hat payments lead Ramon Villarreal explores on the Finextra blog
Why Hybrid Cloud Platforms are the new Payments Paradigm
finextra.com
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Attending EBAday? Enterprises face increasing complexity in managing various payment types and methods, leading many to adopt platform-based strategies to streamline costs and add value. Don't miss Red Hat's Ramon Villarreal, Payments Sector Global Lead, as he talks about how such strategies can enhance agility and simplify payment processes, with insights from leading institutions on leveraging these platforms to revolutionize enterprise-wide payments. Hybrid Cloud Innovations: How to thrive in a platform-led payments market 18 June | 13:00 - 13:15 #EBAday #FinancialServices #Banking #Payments
EBAday Session: Hybrid Cloud Innovations: How to thrive in a platform-led payments market
ebaday.com
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???Finastra's Siobhan Byron, EVP Universal Banking, spoke with Gulf Business about the role of open finance, cloud, SaaS, and AI in helping banks keep pace with consumer demands, accelerate innovation, and create a more resilient, inclusive and sustainable banking ecosystem. Read the interview here ?? https://okt.to/gTwhQ7
Finastra's Siobhan Byron on addressing financial inclusion, agility
https://gulfbusiness.com
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