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Why payment modernization needs to be the focus on BFSI Transformation
Do you know that payments represent 80% of all interactions? Yet, it is also the most vulnerable spot of the banking chain system. In the changing time, with the rapid growth of digital payments from new market entrants - the rising star called fintech, how can banks compete in payments?
In this episode "Why payment modernization needs to be the focus on BFSI Transformation", Hanh Ngo - Product Owner of KMS Solutions - will analyze the continuous changing of customer behaviors and demands, traditional payments with OTP thefts’ threads in #Banking
Key takeaways:
◾️ Market situation, potential, and risks where customer behaviors and demands are changing
◾️ Comparing the traditional payments that banks already have vs new transformation payments adoption
◾️ Embrace alternative payments, delivering technology change while maintaining security and stability
◾️ Understanding the threads - fortify the system and requirements in Payment Services: ways to guard against bank accounts - OTP theft
Read Transcript: https://info.kms-solutions.asia/hubfs/Podcast/Podcast%20Tech%20On%20Mic%20-%20Ep02.pdf
#KMSolutions #DigitalTransformation #Podcast #TechnologyPodcast
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By KMS SolutionsDo you know that payments represent 80% of all interactions? Yet, it is also the most vulnerable spot of the banking chain system. In the changing time, with the rapid growth of digital payments from new market entrants - the rising star called fintech, how can banks compete in payments?
In this episode "Why payment modernization needs to be the focus on BFSI Transformation", Hanh Ngo - Product Owner of KMS Solutions - will analyze the continuous changing of customer behaviors and demands, traditional payments with OTP thefts’ threads in #Banking
Key takeaways:
◾️ Market situation, potential, and risks where customer behaviors and demands are changing
◾️ Comparing the traditional payments that banks already have vs new transformation payments adoption
◾️ Embrace alternative payments, delivering technology change while maintaining security and stability
◾️ Understanding the threads - fortify the system and requirements in Payment Services: ways to guard against bank accounts - OTP theft
Read Transcript: https://info.kms-solutions.asia/hubfs/Podcast/Podcast%20Tech%20On%20Mic%20-%20Ep02.pdf
#KMSolutions #DigitalTransformation #Podcast #TechnologyPodcast