Banking leaders across the globe see open banking APIs as the top technology for the future of banking. In the 2018 Infosys Finacle Efma Innovation in Retail Banking survey, 65 per cent of respondents rated open banking APIs as the technology that will have the greatest impact over the next 12 months. However, the number of banks ready to adopt and profit from open banking seem to be far and few – only 26 per cent of the 300-odd industry leaders said they were well-placed to take significant advantage of open APIs and achieve the business outcomes they wanted.Since open banking is the future, it is vital that banks evolve a stable and sustainable model for it at the earliest. The following suggestions may help them be on their way:Look outside the orgEnterprises have always used the application programming interface (API) to facilitate communication and exchange between applications within their organisations. 2018 was the year when the API officially donned the business hat. … [Read more...] about How banks can create a sustainable Open Banking model
Ecommerce best practices 2016
Time to make sure your payment processes are running smoothly – the Black Friday 2018 shopping season is upon us. Since Amazon first introduced Black Friday offers to UK customers in 2010, businesses of all sizes and types have enticed bargain hunters with special pricing and offers.For UK businesses that want to double-down on high-volume sales opportunities, it’s about more than just deep discounts. It’s about understanding shopping behaviour and modern expectations for a dynamic shopping experience.Businesses need to be prepared to accept a variety of payment methods to win in this year’s Black Friday season. Sage predicts a 13 per cent growth increase of online transaction volume over the course of the Black Friday 2018 trading period, based on Sage customers’ transaction volume history during the holiday selling seasons from 2016-17 and the volume trajectory in 2018 so far.Seamus Smith, EVP, Payments and Banking, said: “Retailers can benefit … [Read more...] about How payments technology can boost your profits on Black Friday 2018
Salesforce is one of the fastest-growing, most in-demand skillsets today. From software developers, to solutions architects, to project managers and marketing and sales professionals, Salesforce skills pay off for a wide array of roles.If you’re looking to land a new job, earn a raise or secure a promotion, Salesforce certification is a great career move, says Meagan Humphrey, director of sales operations at IT recruiting and staffing firm Mondo.Following is a guide to Salesforce’s wide array of certifications and how achieving one or more can help take your career — and take-home pay — to the next level.Career benefits of Salesforce certification“Salesforce certifications offer three big value adds,” Humphrey says. “They increase your marketability in a tight IT job market by allowing you to become a subject matter expert. They offer flexibility in that you can get certified in just a few hours, days or months and you can control your own … [Read more...] about Salesforce certification guide: Your path to a lucrative career
We create data almost every hour of every day. Be it through mobile use, social networks or ecommerce sites, every digital move we make generates new data. And brands are greedy for it. This acquisition and use of consumer data has been thrust under the spotlight recently, cast as a nefarious practice rooted solidly in the dark side of internet use. Our very laws have changed in response to problematic data use. As GDPR and the NIS Directive settle into effect, we are gaining more transparency and more control over the way our personal data is used. Now, more than ever, we have the power to completely restrict the collection, storage and use of our data. But does the fact that we can stop sharing our personal data mean that we should? Howard Williams, marketing director at Parker Software, investigates the light and dark sides of sharing our data. Transparency and control The new legalities around data hope to reduce, if not abolish, the secrecy behind … [Read more...] about Should we really stop sharing our data?
The NBC News Media Blog is here to keep you current on the media business. Check here every day for fresh news on the latest corporate battles, media mergers, the growth of paid content and big ad-revenue shifts. And don't forget to send news tips to: [email protected] The Query Claire Atkinson a day ago AT&T wins, convincingly WASHINGTON — AT&T's $85.4 billion acquisition of media giant Time Warner can proceed, a federal judge said Tuesday. U.S. District Judge Richard Leon ruled that the combined companies do not pose a danger to consumers, a decision that amounts to a resounding win for the two companies. Leon ruled that AT&T can buy all of Time Warner without any conditions, such as selling certain assets or agreeing to refrain from raising prices. Industry analysts had expected AT&T to win, but many speculated that the judge would force the company to agree to certain measures. Read the full story here. Facebook Twitter … [Read more...] about The Query: featuring news and analysis on the media by Claire Atkinson