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PROMOTIONAL FEATURE
Mass transactions within thumbs reach: a new dimension of corporate banking
Several thousand transfers to complete in a few moments? There’s an app for that
to board a plane. His smartwatch vibrates, saying: “5,136 transactions to authorise”. He reaches for his phone, does a few taps, slides it back into his pocket. Snuggling down into a seat by the window, he fires up the app again and glances for a moment at his balances, deposits and loans. Just another day in the office, right?
A
Wrong. Usually it works this way: a myriad of logins and passwords to a myriad of web services. No comprehensive view on all banking products. Inability to analyse particular chunks of data being kept in the dark for some reason. Headache. Frustration. Rage.
irport. A large company’s CFO is just about
In retail banking, it all seems so easy — a transfer here or there, a new credit card to keep up with your teenage kids’ voracious appetite for shopping, a loan maybe.
Corporates have much more on their plates. Currency management, liquidity management, cash and check management ... each of these — and we’re only scratching the surface here — is infrequently represented by a separate system on a bank’s side. A silo. As a banker, how do you integrate, maintain and upgrade all of them while keeping the cost at a reasonable level? Go figure. Or: let somebody do it for you. Ever heard of Comarch Corporate Banking? It’s an omnichannel platform designed for the specific needs
www.ibsintelligence.com © IBS Intelligence 2016
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