Simon Wilson, Director Global Payments Solutions, Icon Solutions, speaks at EBADay 2019 in Stockholm about payments transformation, whether it is a ‘mission impossible’, how banks can find the opportunity in amongst the challenges and what should be the top three priorities for banks to address going forward.
Lloyds Bank is to provide motor dealerships with real-time loan payments through a commercial direct debit API collaboration with Blue Motor Finance.
Blue Motor Finance CTO, Charlie Barker says: "For the first time, it will mean that our customers will be able to make critical investment decisions, including at a vehicle auction, for example, with the knowledge that they’ll receive cleared funds in their account, potentially within two minutes."
Lloyds Bank Commercial Banking API Lab has been set up to work in partnership with commercial clients to creative innovative propositions for the digital economy.
Steve Everett, MD, payments and cash Management, Lloyds Bank Commercial Banking says the next step will be to bring instant payments to the car finance market for the first time.
"At the Lloyds Bank Commercial Banking API Lab we’re committed to bringing the full potential of digital to the forefront of financial services," he says. "We’re excited to partner with Blue Motor Finance to bring this innovative instant payments service to its motor trader customers, and create real value for businesses in the car financing industry through new API-enabled solutions."
Stacey English, Head of Regulatory Intelligence for Thomson Reuters marks the 10th anniversary of the Thomson Reuters Cost of Compliance report by talking about the research and how it helps financial services firms, the biggest trends or changes over the past decade, the key issues for compliance practitioners today given these changes and what the next 10 years might look like for compliance officers.
Watch the Thomson Reuters Fintech, Regtech video here
Robert Book, Director of Consulting, Banking, CGI, speaks at EBADay 2019 in Stockholm about the latest with P27 at EBAday this year, the implications it is having on banks, how they can benefit from this move and how Open Banking or Payment Overlays playing a role in this.
Clare Rhodes, Chief Marketing Officer, Identitii, speaks at EBADay about the building sense of urgency around ISO 20022 and the 2021 deadline, how banks are responding, the risks if banks aren’t ready for the 2021 deadline, how the industry is responding and the ways banks will likely approach ISO migration.