Seminar Series: Technology Trends 2005
Technical Challenges in the Financial Transaction
Business
John C
Smerek, Keycorp
The Financial transaction market today is undergoing fundamental
changes not only in Australia but worldwide. The general market
trend is to provide more value added services, cheaper devices and
ubiquitous connectivity for EFTPOS terminals. Terminal connectivity
is moving towards public Internet, more front-end and back-end
services are being seen as revenue generators as too is terminal
management. These trends in the financial transaction business are
evolving from several key technology driving forces; wide spread
deployment of broadband networks, worldwide financial standards,
increased security, new transaction input devices and the use of
commodity devices to name but a few of these trends.
This talk will focus on some of some of those challenges and
market opportunities imposed by those trends. Current and future
directions will also be discussed.
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