Trends and Innovations in Payments AFTE - conference Gerhard - - PowerPoint PPT Presentation
Trends and Innovations in Payments AFTE - conference Gerhard Bystricky, Head of Product Management Payments Markus Straufeld, Head of Cash Management Sales Paris, 27.02.2017 Agenda Trends in Payments 1 Regulatory Topics 2
Gerhard Bystricky, Head of Product Management Payments Markus Straußfeld, Head of Cash Management Sales
Paris, 27.02.2017
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1 2 3 4 UniCredit Bank AG
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1 2 3 4 UniCredit Bank AG
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UniCredit Bank AG
Trends in Payments
The Transaction Business is still an attractive, big market with further growth potential
New markets are growing stronger – there are still national differences
Growth rate in whole sale is stronger than in retail
Substitution of cash into non-cash transactions is developing rapidly
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1 2 3 4 *) Source: BCG Global Payment Report
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Market growth
Source: Deutsche Bundesbank – Zahlungsverhalten in Deutschland 2014
(up to 16 %)
UniCredit Bank AG
Trends
Regulatory topics
Digitalization
New competitors
Technology
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*Source EPC: http://www.europeanpaymentscouncil.eu/index.cfm/newsletter/polls/
Which Initiatives will have the greatest impact on the European Payments market? Survey Results 48 % 20 % 12 % 12 % 8 % PSD II Cards – Interchange fee SecuRe Pay Bank Authority EBA European Central Bank
UniCredit Bank AG
Payments – Regulatory Topics
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UniCredit Bank AG
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http://eur-lex.europa.eu/legal- content/EN/TXT/?uri=CELEX:32015L2366
https://www.eba.europa.eu/regulation-and- policy/payment-services-and-electronic-money/regulatory- technical-standards-on-strong-customer-authentication- and-secure-communication-under-psd2
13th of January 16 and needs to be implemented 2 years later. The focus is on electronic payments, alternative channels and non-bank payments.
develop the Regulatory Technical Standards (RTS)
(third party providers) access to their accounts
Providers have to implement stronger Authentication methods and security measures
conditions to improve consumer rights and transparency and need to comply with new regulations
Payments – Regulatory Topics
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UniCredit Bank AG
threads today example
todos , e.g.
maintenance, documentation
improvements using VA
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rejects and returns
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pain.001
SEPA-Credit Transfer
MT103
Urgent Payments
Target2
pain.008
SEPA-Direct Debit
Core & B2B
camt.053 camt.052 camt.054 pain.002
camt.055
SEPA-Recall/Reversal
camt.029
Credit- Transfer Direct- Debit
Recall
Status advice note
account statement
Answer Recall camt.086
Price report
credit notification
UniCredit Bank AG
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German Trends
Debits; national flavor based on local standard – but compatible to EPC format
camt.029 – multibank-standard from November 2017 on
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German Trends
vast majority is still using MT formats
for r-messages
clients
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Source: http://www.europeanpaymentscouncil.eu/index.cfm/about-epc/epc-news/start-of-the-public-consultation-for-first-pan-european-scheme-providing-customers-with-euro-instant-credit- transfers/
How will SCT Inst transactions work?
UniCredit Bank AG
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Instant Payments
P2P P2B B2P B2B Who Consumer-to-Consumer Consumer-to-Business Business-to-Person Business-to-Business Use case
person
mobile phone number, e-mail address or account number), gift, pocket money
remittances
checks
provided at home/pay
minute
workers
(bulk)
suppliers/pay on delivery
services
Channel
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UniCredit Bank AG
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Instant Payments
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EPC – European Payment Council:
Channel Year P2P Smartphone (APP-based) 2017 / 2018 Online-Banking – Instant in addition to current standard 2017 / 2018 eCommerce-Integration 2018 / 2019 Initiation by ERP-System 2019 Usage at Point of sale 2020
UniCredit Bank AG
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Instant Payments
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Payments
Settlement
Trade Finance
Identity
UniCredit Bank AG
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Payment Innovations - Blockchain
Major initiatives in the banking industry:
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UniCredit Bank AG
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Payment Innovations - Blockchain
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Summary
Regulatory compliance has still a strong impact on banks and corporates Digitalization is key and is changing the behavior and client expectations Digitalization is pushing for faster execution – e.g. Instant Payments Success is dependent from security, convenience and investments. New technologies are driving the innovation – like Blockchain
1 2 3 4 UniCredit Bank AG
Product Management / Sales Germany Gerhard Bystricky Head of Product Management Payments
Fax +49 89 378 3327831 gerhard.bystricky@unicredit.de Markus Straußfeld Head of Cash Management Sales
Fax +49 211 8986-785 markus.straußfeld@unicredit.de Impressum Corporate & Investment Banking Arabellastraße 12 81925 München
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UniCredit Bank AG
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