At RedCompass Labs we believe that there are only two types of payments – good and bad. We talk about good payments in our After Hours series, where the best and brightest of the financial services industry let their hair down, unbutton their collars, and share what they really think about payments. To talk about bad payments, we invite guests to our A Few Thoughtful People podcast series where they discuss financial crime, fraud and anti-money laundering, always seeking new and improved way ...
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Decoding BNP Paribas' ISO 20022 Migration | After Hours
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This podcast is part of the After Hours by RedCompass Labs series, where the best and brightest in the financial services industry tell what they really think about payments! ISO 20022 is more than a new messaging standard for financial institutions; it represents a seismic change for the industry, involving 200 initiatives worldwide in over 70 cou…
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Real-Time Fraud Risk in the World of Real-Time Payments, Featuring EBA Clearing | After Hours
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This podcast is part of the After Hours by RedCompass Labs series, where the best and brightest in the financial services industry tell what they really think about payments! In this episode of After Hours Kjeld Herreman is joined by special guest Jessica Ramos, Head of Regulatory, Oversight, and Financial Affairs at EBA Clearing. Against the backd…
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Human Trafficking Detection and Prevention: Putting Theory Into Practice | A Few Thoughtful People
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At RedCompass Labs we believe that there are only two types of payments – good and bad. Bad payments are transactions made to buy and sell people, to pay for child sexual exploitation, and other terrible human crimes that blight our society. Only 0.2% of human trafficking victims are ever saved, and we want to change that. Our podcast guests ar…
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Unlocking Payments Modernisation with NatWest | After Hours
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This podcast is part of the After Hours by RedCompass Labs series, where the best and brightest in the financial services industry tell what they really think about payments! In this episode of After Hours, we're joined by a very special guest, Ian Povey, CIO for Payments at NatWest Banking Group. This is a must-not-miss discussion, in which Ian di…
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Banks’ Role in Identifying and Preventing Online Child Sexual Exploitation | A Few Thoughtful People
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At RedCompass Labs we believe that there are only two types of payments – good and bad. Bad payments are transactions made to buy and sell people, to pay for child sexual exploitation and other terrible human crimes which blight our society. Only 0.2% of human trafficking victims are ever saved, and we want to change that. Our podcast guests are …
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The ClearBank Story - Building a Payments and Clearing Bank in the Fintech Era: With CEO, Charles McManus | After Hours
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This podcast is part of the After Hours by RedCompass Labs series, where the best and brightest in the financial services industry tell what they really think about payments! In this episode of After Hours recorded at The Banking Scene, our Head of Strategy Advisory, Kjeld Herreman, spent some time with the CEO of ClearBank, Charles McManus, who sh…
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The Digital Euro: Do we need it? And what would the new payments landscape look like? | After Hours
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This podcast is part of the After Hours by RedCompass Labs series, where the best and brightest in the financial services industry tell what they really think about payments! In this episode of After Hours recorded at The Banking Scene, our Head of Strategy Advisory Kjeld Herreman caught up with the Chief Innovation Officer of Wordline, Nicolas Koz…
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Unlocking Payments Data to Detect and Prevent Child Sexual Exploitation | A Few Thoughtful People
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Today we are proud to introduce our new podcast series - A Few Thoughtful People. At RedCompass Labs we believe that there are only two types of payments – good and bad. Bad payments are transactions made to buy and sell people, to pay for child sexual exploitation, and other terrible human crimes which blight our society. Only 0.2% of human traffi…
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Riding the ISO 20022 Wave from Cross Border to Faster and Instant Payments (Without Wiping Out) | After Hours
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This podcast is part of the After Hours by RedCompass Labs series, where the best and brightest in the financial services industry tell what they really think about payments! Gregory Prince, Vice President and Director of Core Payments Products at Fifth Third Bank, joined Jonathan Bell and Kjeld Herreman from RedCompass Labs to discuss the coming c…
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Predicting Key Payments Trends for 2023: ISO 20022, Instant Payments, Interoperability, and Beyond | After Hours
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When Mike and Julie decided to read the future of payments in fortune cookies, it gives some interesting predictions about the year to come. If you want to know more about how ISO 20022, instant payments, interoperability of the rails, or CBDC will unfold, click on the link to listen to the podcast. Interested in contributing to our ongoing discuss…
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Fighting Fraud and AML in the Modern World | After Hours
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RedCompass Labs' mission is to open the doors of finance to all and protect those who enter. For this episode of the After Hours podcast, Mike and Julie invited Christopher Caruana, Head of Subject Matter Expert and Product Strategy Team at Feedzai, to discuss what fighting financial crime looks like in the modern world. Interested in contributing …
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Growing Complexity of Payments, Microservice Architectures, and the Future of Card and IoT Payments | After Hours - EBAday
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Guy Moons, Head of Solutions Consulting for Enterprise Payment Platforms at FIS, chatted with Julie and Mike at #EBAday about the growing complexity of payments, lessons learned from many, many #paymenttransformation journeys (including explaining some fun terms like DRR and Garage Clearing) and the importance of #microservice architectures before …
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Lessons from SEPA, Instant Payments for Corporates & Real-Time Cross-Border Sanction Screening | After Hours - EBAday
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Michael Knetsch, Tribe Lead for Instant Payments Development at Deutsche Bank, joins Mike and Julie amidst the buzz of #EBAday in Vienna to discuss the continuing evolution of instant payments, including the lessons we continue to learn from #SEPA, the potential of instant payments for corporates, the difficulty of achieving critical mass for proxy…
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P27 – Real-Time, Cross-Border, Cross-Currency Payments | After Hours - EBAday
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Claus Richter, Deputy CEO & COO at P27 Nordic Payments, joined Julie and Mike in Vienna to talk about building out the core services needed to enable real-time, cross-border, cross-currency payments for the P27 initiative, the importance of regional overlay services to drive adoption and building common services for fraud and AML on a joint data se…
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Request for Payment, Payroll on Demand, Immediate Cross-Border Payments and CBDC | After Hours - EBAday
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Russ Waterhouse, Executive Vice President of Product and Strategy at The Clearing House, spoke with Mike and Julie at #EBAday about the state of #payments in the United States, the importance of product ideation and development, the use case for #requestforpayment ( #requesttopay ), establishing an instant payments corridor between the US and Europ…
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Privacy and Regulation of Digital Assets | After Hours - EBAday
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Daniel Szmukler, Director and Head of Innovation, Member Relations and Strategic Engagement at Euro Banking Association (EBA), discussed the fantastic energy surrounding the first in-person #EBAday since 2019 with Julie and Mike, before moving on to the importance of the Digital Operational Risk Act (DORA) (including lessons we can learn from spide…
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Interoperability, Payment Transparency and Women in Payments | After Hours - EBAday
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Nicola J. Coyne, Head of Immediate and Low-Value Payments at Barclays, speaks with Julie and Mike at the Redcompass Labs stand during #EBAday about scheme #interoperability, “smart payments”, payment transparency, and the representation of #womeninpayments. This special ‘bite-sized’ edition of the RedCompass Labs After Hours podcast was recorded li…
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Request-To-Pay, Variable Recurring Payments and Ideas for PSD3 | After Hours - EBAday
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Marijke Koninckx, Chief Product Officer at BankiFi, talks with Julie and Mike about a range of hot topics including #embeddedfinance, #requesttopay, #variablerecuringpayments, #confirmationofpayee, and the true value of #openbanking as a way to help SME businesses survive current market challenges. This special ‘bite-sized’ edition of the RedCompas…
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Is the Payments Industry Really Ready for ISO 20022? | After Hours - EBAday
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Paul Ruskin, Director of Business Development at Trace Financial, shoots the breeze with Mike and Julie to ponder their #ISO20022 predictions from two years back, debate the current state of industry readiness and consider last-minute advice ahead of the ISO 20022 migration this coming November. This special ‘bite-sized’ edition of the RedCompass L…
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Payments Modernisation, New Business Models, and Exploring Data Insights | After Hours - EBAday
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Peter Hazou, Director of Business Development for Financial Services at Microsoft, met with Julie and Mike during #EBAday to talk about modernising #payments infrastructure, responding to the shifting sands of technology change, the need for banks to reimagine their business models, and the untapped potential of data insights. This special ‘bite-si…
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Combating the Relentless Pace of Change With Enterprise-Grade Payments in the Cloud | After Hours - EBAday
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Jon Lloyd, Head of Customer Success – Europe at Form3, joins Mike and Julie amidst the hustle and bustle of #EBAday in Vienna to discuss an alternative approach to integrating with market infrastructures, architecting #payments platforms for obsolescence, and the readiness of banks for the #cloud transition. This special 'bite-sized' edition of the…
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Exploring Bilateral Atomic Settlement | After Hours - EBAday
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Nick Miles, Director of Business Development at RTGS.global, joins Julie and Mike on the floor at #EBAday to talk about how bilateral atomic settlement makes settlement risk a thing of the past by enabling instantaneous #crossborder exchange of liquidity, #CBDC, and leveraging #cloud platforms to achieve the #settlement of hundreds of thousands of …
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Payments Modernisation, Cloud and ISO 20022 | After Hours - EBAday
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Rossana Salaris Thomas, Head of Enterprise Payments Platform EMEA at Fiserv, joins Julie and Mike on the floor at #EBAday to discuss the ideal time to implement a new payment architecture, debate whether Europe or the US is leading the way on cloud adoption, and whether banks are really ready for ISO 20022. This special edition of the RedCompass La…
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Future of Payments: Neobanks, Cross-Border Digital Authentication, Payments Architecture, and Cloud Services | After Hours
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“Time is the only currency you don’t have anymore!” – Julie Guetta, RedCompass Labs This article is part of the After Hours by RedCompass Labs series. Where the best and brightest in the financial services industry tell what they really think about payments. Joining Julie and Mike for an After Hours chitchat is Chris Murphy, who leads Business Desi…
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How to Make Cross-Border Payments More Efficient, Convenient and Inclusive | After Hours
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Mike and Julie are back and on fire! In this episode, they talk about the future of payments, focusing on cross-border payments and all the changes happening in this arena. They touch base on the key ingredients to deliver a more efficient, convenient, and inclusive cross-border payments experience, using SWIFT GPI, blockchain, or Mojaloop’s open-s…
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Women, Motorcycles & Payments - A journey towards empowerment | After Hours
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In the past, we discussed the challenges of accessing financial products that truly meet the customer's need in a safe manner with Elisa, and also with Paula and Lesley-Ann. Close to one-third of adults are still unbanked. About half of the unbanked are the women of poor households in rural areas. For International Women's Day, we wanted to discuss…
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Tackling the Unbanked Problem With an Open-Source Approach
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In a world where cash remains king, access to critical financial tools remains a problem that's far from being resolved. How we progress in the journey towards digital money and reduced cash usage is one of the crucial questions we should ask ourselves to start addressing this issue. Unfortunately, for a multitude of reasons, prominent actors in fi…
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Tapping Into the Power of Collaboration & Technology to Fight FinCrime
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The International Labour Organisation says there are 40 million people trafficked every year. The proceeds of this traffic need laundering through the financial system. If you're new to such financial crime-related stats, you'd be forgiven for thinking the world has gone slightly mad. Aren't banks investing billions in detecting financial crime wit…
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Delivering Holistic Customer Experiences Today: The Rise of Embedded Finance
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Will it become commonplace to see payments as an embedded feature inside a holistic experience? Many insiders seem to think so. It’s even said that banks have no option but to respond to people’s demand for further choice, freedom and lower prices. But what exactly can be done to address the ever-changing needs of the customer? What user-friendly b…
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The Impact of the Cloud Revolution on the Banking Industry: The Insider's Perspective
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With the rise of new providers leveraging disruptive technology such as the cloud, the financial services industry has changed. A monolith one-stop platform is no longer a viable option to market financial service products. The next-generation vendors have broken down the end-to-end payment processing chain, allowing banks and FinTechs to offer new…
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How is the Cloud Shaping Next-Generation Banking?
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To move quickly, enhance product propositions, and better compete is the order of the day for banks worldwide. Many of them, however, still rely on inflexible underlying technologies that prevent them from innovating. For all the talk of the benefits of leveraging the cloud, the costs and risks involved are still very much present in the banks’ con…
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Driving Efficiency into FinCrime: The Role of Real-Time Sanctions Screening
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Combatting financial crime is one of the key challenges currently faced by the financial services industry. The volume and variety of crimes keep expanding, making fraud, blackmail, and money laundering, for example, harder to detect. The advent of cyber technologies and digital currencies has complicated this task even further. What role can Real-…
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Digital Financial Inclusion: Can It Drive Women's Empowerment?
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Approximately 1.7 billion adults do not have an account with a financial institution or through a mobile money provider. With more than half of unbanked people represented by women, the gender gap hinders them from participating in the labour force, control assets, make their own economic decisions, and finally gaining full independence. In celebra…
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Decoding Embedded Finance (And its Opportunities)
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How can financial services develop a top user value proposition and maximise their profits? Listen to this episode of After Hours by RedCompass Labs, in which Mike Truter and Julie Guetta welcome Equinix Digital Transformation Expert, Adrian Mountstephens, to discuss the meaning of Embedded Finance for the Financial Industry.…
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The Future of Open Banking: Are we there yet?
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For years now, the financial industry has been talking about Open Banking – the use of open APIs to access bank customer data and allow third-party developers to build innovative new applications and services. In our inaugural episode of After Hours by RedCompass Labs, Mike Truter and Julie Guetta are joined by Fintech Investor & Advisor, Adam Moul…
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