From managing the demands of regulatory compliance, to navigating the opportunities and threats presented by financial technology, it takes a lot to thrive in the fast-changing transaction banking sector.
FX-MM asks BNY Mellon’s Daniel Verbruggen, Head of Relationship Management Europe, Treasury Services, his thoughts on how blockchain and real-time payments hold the potential to forever alter the transaction banking landscape.
Verbruggen explains that “the digital revolution is well underway, and banks need to be at the forefront of innovation if they are to meet the evolving needs of the market and their clients. There are two fundamental elements that banks need to focus on when it comes to investment in new technologies: flexibility and client-centricity.”
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