Powering Payments Innovation in 2022

While financial institutions started to automate and digitize more than a decade ago, the changing preferences for digitization of services and communication changed faster than offers. This created an opportunity that FinTechs embraced and pressure for traditional banks to remain relevant.

The ingestion of unstructured inputs (information capture) is a critical element for payment processes and mandatory for meeting requirements for security and compliance.

Tune in to hear:
What role Intelligent Information Capture plays for the automation of payment processes
Where unstructured inputs present bottle necks
Where Capture is essential to solve security and compliance requirements

Open Banking isn’t new. When it landed, banks were concerned and a bit afraid. Consultancies made a lot of money recycling the same deck about the commercial opportunity therein and failed to inspire so it was long-treated as a regulatory bit of ‘heavy lifting’ with some marginal commercial or partnerships benefits.

And nothing much happened for much too long, until everything happened at once, and suddenly mature open-banking-fueled opportunities are here, changing everything.

Join Leda Glyptis, Chief Client Officer at 10x Banking for an exciting journey into the land of open banking and learn about;

Open banking opportunities for banks
What open banking means to customers
How banks can get started
The future of open banking

During H1 2021 alone, financial institutions have already been fined over $2 billion.
This has been partly due to failures in risk identification and by not having effective AML and KYC in place to monitor accounts.
However, customer onboarding is getting tricky as regulations vary across industry and by region;
Join us to learn about best practices for customer onboarding, and continuous trust.

Takeaways

-Learn about the challenges posed by regulation
-Get industry best practice hints and ideas
-Reduce onboarding fraud whilst minimizing friction