Entries by Jacek Nowak, CEO

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Data-driven work efficiency: knock over your IT banking architecture!

Improved work efficiency is one of the results of the “overturning” of IT banking architecture from vertical silos to horizontal data fabric. In exchange, you can count on increased efficiency and better customer experience and employee satisfaction. The last decade has been a turbulent period for the banking industry all over the world. Difficult market […]

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MT/MX converter: parlez vous ISO 20022?

In November 2022, a new “language” for cross-border payments will enter into force: the MX format. Which SWIFT XML broker to choose for smooth communication in the global banking world after the launch of ISO 20022? The history of cross-border payments began with… cooperation with the media. From the 1970s until the beginning of digital […]

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Payres: deadline buffer for CHAPS ISO 20022 migration

With smart solutions in place, you can reroute your timeline for the ISO 20022 new messaging standard by June 2022. What’s more, your CHAPS ISO 20022 transition project can be leveraged to win market advantage. Clearing House Automated Payment System (CHAPS) is the fastest payment model in the UK and one of the first European […]

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Pan-European instant payments: is TIPS worth the while?

In developed countries, instant payment settlement has moved on from “nice to have” to “must have”. There is practically nothing that would prevent an international instant transfer settlement system, except that building one is a demanding task. National instant payment systems are already operational or are being launched worldwide. Banks across Europe are very aware […]

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Data-driven culture in banking

Banks collect and process vast amounts of data, yet few approach it as if it were the most valuable of their assets! In fact, it is fair to say that when it comes to extracting relevant and useful business insights from their data, financial institutions are not maximizing their value. According to Capgemini’s “For Successful […]