Banks have to change - Part 1

Delegates to yesterday''s Sibos plenary session heard a passionate call for the overhaul of the global payments business.

The call for banks to change the way they handle payments was loud and clear in yesterday morning's plenary session at Sibos. A distinguished panel of bankers, infrastructure providers and IT vendors all addressed the session titled 'Daring to Transform what's really at stake'

They all concurred that the risks of not changing the way they do business are now greater than the risks of carrying on as they have done before.

Your customers are fed up, said Leo Apotheker, member of the executive board of SAP. They feel that enough is enoughàand they do not understand why it is such a huge problem and...

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