The Single Rail Competitive Advantage

 

• How are banking leaders successfully embracing faster payments and reducing friction and fraud for customers – alongside a growing list of transaction rails and new regulations – in today’s domestic and global financial markets?
• Why pre-validation, speed, and scale are all critical to lowering costs and raising operational security and resilience in pursuit of G20 Cross-Border Payments Initiative goals. How close is the industry to achieving these 2027/2030 targets, and what’s standing in the way?
  
  
• As SEPA Inst mandate and VoP, SIC IP, BAV, and New Payments Vision payments verification and account validation plans align with expanded regulatory oversight across the European financial arena, how can institutions best prepare for the impacts and opportunities they’ll bring?
• ISO 20022 is already improving operational efficiency and security across many financial institutions and clearing systems. What are the use cases that will accelerate its broader adoption and prove the worth of its simpler, more powerful standards and syntax for banks and their corporate clients in the global marketplace?
• No matter what the rail or channel, country or currency involved, how can financial institutions, technology providers, and customers collaborate most effectively to combat nefarious players and keep payments and other transactions safe?

 

Financial institutions have sought sensible, lower-cost ways to handle an increasingly wide variety of complex payment types and routing options in today’s banking marketplace. Some have built or modified existing systems to try to manage domestic, international, and instant payments separately. Others have tried to find easier, more cost-effective solutions to address all payment types, channels, and rails via one platform.

Join Bottomline and our expert panel as they discuss how leveraging a multi-lateral platform using a single rail for real-time, cross-border, and domestic payments can enable financial institutions to decrease costs, quickly and profitably expand their market reach, and enhance system and transaction security and resilience for the future.

 

This Finextra webinar, hosted in association with Bottomline, explores ways to lower payment costs, increase speed, enhance security, and expand reach, through a simplified single-rail processing approach. Our panel will discuss best practices emerging in the banking world to manage real-time, cross-border, and domestic payments while also achieving quicker time to market.