transforming payments unleashing new business opportunities
TRANSCRIPT
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Transforming Payments – unleashing new business opportunities
Craig Jennings
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Market trends: Technology
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Changes in How
Technology Is Being
Developed and Deployed
Source: Wipro
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Market trends: payment options
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Changing Payments Options
ACHREAL-TIMEPAYMENTS
CARD SCHEMES
Mastercard Send™
CROSS BORDER/ CURRENCY
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Many more payment schemes around
Source: Worldpay Global Payments Report
42%
18%
11%
9%
9%
8%
2%
1%
4%
62%
8%
8%
4%
10%
3%
1%
Debit Card
eWallet
Cash on Delivery
Bank Transfer
Charge Card
Credit Card
Pre-Paid
PrePay
eCommerce Payment Usage 2016
% of total spend
Russia ChinaSource: Worldpay Global Payments Report
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Mobile Wallets 0%
5%
10%
15%
20%
25%
30%
% of card transactions that are contactless
So
urc
e: A
T K
ea
rne
y: W
hy
US
Ba
nk
s sh
ou
ld m
ake
co
nta
ctle
ss c
ard
s a
n i
mm
ed
iate
pri
ori
ty
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Real-time Payments +
Open Banking impact Cards
Over time, banks and merchants expect to see card volumes put under pressure
by the combination of immediate payments and
open banking
73%
66%
76% 74%
83%
68%
78%
68%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Retail banks Merchants
Please state your level of agreement with statement “The
combination of immediate payments and open bank APIs will
see the importance of payment cards reduce over time“
Americas Asia Europe Global
Source: 2018 Ovum Global Payments Insight Survey (report available here)
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New World of
Payments
Market dynamics driving new expectations
Technology enabling new business practice
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Authentic: NCR’s payments platform
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Authentic: Powerful
Platform for Payments
A modern, flexible payments platform
Omni-ChannelConsistent business flow
orchestrationacross multiple channels
PaymentProcessing
Payment Orchestration & Messaging (Real-time,
Batch)
CHANNEL API’S: BUILD OMNI EXPERIENCES
SERVICE AGGREGATION TOOL KITH
IST
OR
ICA
L (
AT
M/P
OS
/eC
OM
/MO
BIL
E/O
LB
)
FA
ST
ER
PA
YM
EN
T S
CH
EM
ES
High Perf.Card/Txn
processing(Authentication, Authorization,
Processing, Switching)
Real-timePaymentsGateway
Faster PaymentsGateway & Switch
Authentic
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Key Functions
For many types of organisation:
• Issuer• Acquirer• Bank or Processor• Payment Service Provider
(PSP)• Interbank network
AU
TH
EN
TIC
INTERBANK NETWORKSA N D N A T I O N A L S C H E M E S
FRAUD DETECTION • • •
A C Q U I R E
CARD MANAGEMENT
COREBANKING
A U T H O R I S E
S W I T C H / R O U T E
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Example Customers
Innovation and Cost per
Transaction Reduction
CARD PLATFORM MODERN-IZATION
Faster Payments Gateway
AGGREGATOR SERVICE
Replacement of BASE24
350,000 POS, 9 billion txs/year
ACQUIRING & AUTHORIZATION
Manage ATM and all card transactions
PAYMENTS PLATFORM MIGRATION
Global network for card
processing
PAYMENTS PLATFORM
DISRUPTION
International Card Scheme
Re-platformingof legacy
infrastructure into payments
hub
PAYMENTS PLATFORM
CONVERGENCE
Top 10 US BANK
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Thank you
Craig Jennings
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