Event Overview

The Transaction Banking business is facing multiple headwinds today, accentuated by the challenges of the pandemic situation. The landscape was already complex and dynamic, with evolving customer expectations, technology-led disruptions, and new competitors. Besides, the regulatory scrutiny has also continually risen, increasing the compliance costs. For banks to effectively navigate the dynamic business environment, sustain fee based incomes, reduce ongoing costs and strengthen innovation to drive growth, a truly digital foundation is increasingly inevitable. This will positively influence the business models, channels, processes and customers experience.

Leading corporate banks are stepping up their digital transformation agendas to create new propositions in transaction banking. They are seeking to empower clients with access to innovative cash and liquidity management solutions, offer tailored supply chain and trade finance solutions, along with truly digital self-serve capabilities, and open APIs to help embed banking services in customer’s business applications.