Financial Institutions must modernise, not only to meet global standards and regulations but also to create competitive differentiators within their markets
In this session we will share insights from financial services organisations around the drivers for modernising payments and the operational benefits of an architecture modernisation. Deepti Akkali, Head of Gateway Commercialisation at Elavon, will explore why payment optimisation is imperious given the current disruption and complexity in the payments ecosystem. Deepti will talk about the holistic look at the end-to-end payments value chain, from client initiation to the clearing and settlement, targeting middle and back-office functions to enable innovation and connect to new networks and schemes at Elavon.
We’ll also look at how open banking is disrupting the payments landscape. Michael Bridgman, Director Product Management at GoCardless and Lily Krakowsky, Senior Product Marketing Manager, will talk about the new era of open banking and the payment innovations we should expect in 2022, including Variable Recurring Payments.
They’ll share how open banking is addressing fraud pain points at GoCardless, and the regulatory and pushback challenges they have had to consider in new product adoption.