Compass Plus talks the future of payments platforms with HSBC in Fintech Finance’s Virtual Arena series
Compass Plus’ European Sales Director, Paul Chandler took part in one of Fintech Finance’s Virtual Arenas alongside Brian McKenney, Chief Innovation Officer at HSBC, to discuss the future of payment platforms. Hosted by Doug Mackenzie from Fintech Finance, the trio look at how the payments industry has evolved over the past 10 years and how FIs can compete in the changing market. They diagnose some of the reasons FIs are reluctant to upgrade their payments platforms and the benefits FIs can gain by doing so.
Discussing the reluctance of FIs to upgrade their platforms, Paul Chandler said: “Today’s next gen platforms can be adopted alongside what’s happening today, there’s no need to start from scratch, and it is this ability that will enable the bank to be seen as leading edge and as industry thought leaders.”
You can watch the full Virtual Arena below: