IBS Journal Supplement 2015
editor’s note
As the industry keeps moving at an unprecedented pace towards all things digital, banks and regulators around the world are embracing (or at least trying to) new ways of delivering financial services and new technologies.
Some geographies, such as Poland, are often flagged as a shining beacon of payments innovation and collaboration, with this country among the first to fully adopt the ISO 20022 messaging standards and also undertake a raft of mobile payments initiatives. The latest one, BLIK, was launched in February as a result of six competing banks joining forces to introduce common mobile payment standards, enabling their customers to make payments in stores and online, withdraw cash from ATMs and send P2P transfers all through their mobile phones.
Meanwhile, some countries are notoriously lagging behind, such as the US, where chip and PIN cards have only recently been mandated by the government to replace magnetic strip- based technology. By Q4 last year, just two per cent of Americans had chip and PIN enabled cards, according to the Smart Card Alliance. However, the US is trying to catch up, and where possible ‘leap frog’ into the next generation of payment technologies, with the Federal Reserve Bank pondering the idea of building a brand new, real-time infrastructure for all kinds of payments (see p20).
In this latest Supplement, IBS rounds up payments industry endeavours from around the globe. Who has been doing what and is it working?
Supplement Editor
CONTENTS NEWS ROUND-UP:
‘IBAN Only’ for UK gears up for launch
...pg 4
MyBank comes to Greece
...pg 6
PKO Bank upgrades to ACI’s UP Base24-eps
...pg 8-9
ACI wins court ruling in India
...pg 9
Corporate travel payments product launched by BAML
...pg 10
ANALYSIS: Banks and telcos – collaboration or competition?
...pg 14-17
CASE STUDY: BAML pioneers Fundtech’s SOA-based Payplus platform
...pg 18-19
Business Support Manager Ian Catley Sales Administrator Sandra Carr Data Researcher & Online Editing Assistant Claudie Sculley
Director, Editor in Chief Martin Whybrow Tel: +44 (0)1303 263 525 Email:
martinw@ibsintelligence.com Editor, IBS Journal Tanya Andreasyan Tel: +44 (0)1303 263 529 Email:
tanya@ibsintelligence.com Reporter Jan Metcalf Tel: +44 (0)1303 263 522 Email:
janm@ibsintelligence.com Advertising Manager Sallie Payne Tel: +44 (0)1303 263 527 Email:
salliep@ibsintelligence.com Designer Chiara Colombi Marketing Manager Elizabeth Connor
IBS Intelligence is a trading name of IBS Publishing Ltd Registered Office IBS Publishing Limited, 8 Stade Street, Hythe, Kent, CT21 6BE, UK. Registered in England and Wales, Registration no 5365737 Tel: +44 (0)1303 262 636 Fax: +44 (0)1303 262 646 Email:
info@ibsintelligence.com ISSN: 0965-674X
ANALYSIS: US and real-time banking – a reality at last?
...pg 20-22
© IBS Intelligence 2015
www.ibsintelligence.com
3
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24