All articles by Verdict Staff

Verdict Staff

Predictions of 2012 by George Ravich, CMO of Fundtech

By the end of 2012, liquidity risk management for banks will be making the headlines as Basel III deadlines loom The sovereign debt crisis has highlighted a liquidity issue that wont go away and banks will be looking at implementing global liquidity management systems that are geared towards the Basel III requirements

Wells Fargo m-banking app now on Android

Our goal is to provide services that are relevant to our customers, and Wells Fargo customers are enthusiastic about anytime, anywhere mobile banking, said Brian Pearce, senior vice president and head of retail mobile channel at Wells Fargos Internet Services Group

Predictions of 2012 by Matthew Dragiff, Vice President Product Management, SunGard’s AvantGard

By the end of 2012, corporates will embrace business process as a service (BPaaS) as they continue to rein in costs by outsourcing non-core processes. Corporates will also continue to explore revenue-generating opportunities like virtual cards (V-cards), which generate rebates based on payment amounts

Predictions for 2012 by Tony Costella, MasterCard Worldwide

By the end of 2012, banks will have finally realised that they need to treat consumers as individuals with real lives rather than walking $ signs They’ll return to the basics of delivering good customer service, and will launch products and services that are designed first and foremost to meet the unmet needs of consumers (not just around profitability for the banks).

Predictions for 2012 by Guy Weber, SIX Card Solutions

2011 has seen much in the way of payment innovations, with the momentum behind mobile and NFC payments generating great interest For one, the fight against Card Not Present fraud will take a positive turn as strides are made towards creating a full 3-D Secure environment in the e-commerce space.

Predictions for 2012 by Richard Dear, Vocalink

In 2011 one of the features that we saw in the UK market was a renewed strength and dynamic in the independent ATM deployers market We saw a lot of deployers buy up a lot of remote estates from banks, and we think this is going to expand into 2012

Predictions for 2012 by Pierre Boces, Welcome Real-time

By the end of 2012, customers will be demanding improved access to services that help them to understand and manage their spending As the economic crisis continues to unfold in the coming year, customers will be feeling the pinch as a result

Predictions for 2012 by Richard Phillimore, BPC Banking Technologies

Ring-fenced by EMV, enhanced EFT networks in Canada and South America, seeing EMV becoming the norm around the world, facing ever increasing levels of fraud as criminals attack the weakest link and suffering more service degradation for travelling card holders – the US banks will have no option but to finally bite the bullet.

James Richards, director of mobile at Intelligent Environments

By the end of 2012 mobile banking will go mainstream, with virtually all of the major banking players offering compellingmobile banking services 2011 has seen some positive developments in mobile banking, however many solutions in the market still lack the usability and functionality required for mass adoption For UK consumers to embrace the trend, the user experience must add more value, such as targeted financial product offers, alongside the ability to access banking services within an appropriately secure environment

Predictions for 2012 by Diarmuid Mallon, Sybase 365

By the end of 2012 cutting edge merchants, banks and operators will be using loyalty and gamification to create new ways of rewarding their customers. Whilst NFC will continue to dominate discussions, in reality it will still be two to three years away from being widely available