How Ready are European Banks for a Digital World

February 9, 2016

It’s not difficult to imagine what a bank customer will want 5 or 10 years from now consumers and business will still have the same fundamental needs they do now, education, medical services, home ownership, tax payments, retirement, payroll, invoicing, etc. What is difficult to predict is the role of banks in those life events 10 years from now. Even today, there is an ever-increasing chasm between customers looking for basic, easy-to-use banking products versus those looking for a high touch bespoke experience and this dichotomy poses challenges for the banking industry.

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Payscape

Payscape offers dynamic payment solutions to businesses of all shapes and sizes. We specialize in helping small to mid-size business owners with financial technologies that allow them to accept payments, streamline their business, and increase cash flow.

OTHER WHITEPAPERS
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The Future of Financial Centres

whitePaper | June 30, 2022

The UAE is currently celebrating its Golden Jubilee. In a mere 50 years, the UAE and especially Dubai has earned an eminent place on the world map. Dubai has diversified away from hydrocarbons through progressive policies, proving that building a foundation that supports innovation can lead an economy to surpass geographical, time and age constraints.

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Review of 2019 Credit Trends

whitePaper | January 9, 2020

The United States played a starring role as the rest of the world watched the President become the third leader in history to be impeached by the House in December. Our chief protagonist kept investors guessing by prolonging the ongoing US-China trade wars while simultaneously applying a slew of tariffs across Europe, South America, and elsewhere in Asia.

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E2E Cash Management

whitePaper | October 3, 2022

50% reduction in costs associated with cash handling/servicing by financial institutions (FIs) that implemented cash recycling, and typical reduction of cash replenishment and CIT visits by 20-50%. Advanced Friction Pick Technology allows accurate note separation and banknote transportation.

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BUILDING A CASH CULTURE DRIVEN BY AR EXCELLENCE

whitePaper | June 11, 2022

Prudent cash and liquidity management is critical in times like these. Cash management practices can make or break a business. Businesses that managed cash and liquidity prudently before the pandemic have remained resilient, while less-prepared businesses faced existential threats in the face of a liquidity crunch. As businesses emerge from the uncertainty of the pandemic and chart paths to revenue and profit growth, senior executives have a rare opportunity to rethink the way their business manages its cash. Modernizing the underlying accounts receivable (AR) systems and processes that a business uses to apply, manage, and forecast its cash can create a culture that can result in long-term cash excellence.

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Wexo WHITE PAPER

whitePaper | August 8, 2022

We have built a platform that can address the constraints of conventional financial institutions through the use of technological innovation. We see cryptocurrency as a means of the future and a catalyst for the creation of an open financial system. An open financial system should not be controlled by any country or company. It is the best way to bring more economic freedom, innovation, efficiency and equal opportunities to the world.

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Collections best practices for fintech lenders

whitePaper | May 12, 2022

Over the past couple of years, our Collections practice at 2nd Order Solutions has expanded to not just include large banks and credit card issuers, but an increasing number of fintechs, both in the US and abroad. The fintech sector has grown tremendously over the last 2-3 years, and as their customer bases have grown larger, there is an increasing mandate to focus on default management, especially with delinquencies beginning to rise. This paper highlights emerging trends and recommends immediate focus areas for fintech leaders to quickly strengthen Collections practices.

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Spotlight

Payscape

Payscape offers dynamic payment solutions to businesses of all shapes and sizes. We specialize in helping small to mid-size business owners with financial technologies that allow them to accept payments, streamline their business, and increase cash flow.

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