Mick Fennell
Business Line Director, Payments
With over 30 years’ in banking software, and 20+ years’ experience in the global payments eco-system, Mick is a highly-skilled business and market development specialist. In his current role at Temenos he is responsible for driving the global business growth strategy of Temenos’ award-winning payments offerings and supporting clients with their ambitions to scale and prepare for the future.
Mick is well-versed in the challenges and opportunities that lie ahead for payments professionals. As a passionate advocate for change he has a number of unique insights on payments transformation; from cloud and SaaS adoption, to the need for an infrastructure that grows, evolves and complies with the ever-changing market landscape. Prior to his role at Temenos, Mick held senior roles at Volante Technologies and Misys Banking Systems from product management to client engagement, to go-to-market activities in both global and regional geographies, including: UK and Ireland, Middle East and sub-Saharan Africa.
Latest articles from Mick Fennell
A robust tech foundation is critical for maximizing SWIFT Essentials
With SWIFT being a vital partner for cross-border payments, banks need the technological capabilities and functional flexibility to support its new Essentials value-added services.
In the evolving world of cross-border payments, don’t put all your eggs in one basket
Banks should diversify their cross-border payment strategies and embrace alternative networks – but remember that SWIFT remains a vital partner.
Why Instant Payments? The Connection Between Instant Payments and Verification of Payee (VoP)
In today's rapidly evolving financial landscape, instant payments have become a crucial component of modern banking. The demand for speed, efficiency, and security in transactions has driven the adoption of Instant Payment systems across Europe and beyond.
The Ever-Changing Terrain of Cross-Border Payments
The cross-border payments sector is swiftly transforming due to the changing ways in which global customers conduct and perceive transactions.
Correspondent banking: Trends and challenges in a fragmented world
Correspondent banking is an integral part of the global financial system, facilitating cross-border transactions and connecting banks and Payment Service Providers (PSPs) worldwide. However, this sector faces new trends and challenges.
Is Instant the final straw that breaks your payment system’s back?
I’m seldom surprised when I meet an organization that has yet to start its payments processing software modernization journey.
Get ready to embrace global payments disruption at Money20/20
Instant payments, embedded finance, ISO 20022 SWIFT and RTGS rollouts, cross-border services, and cloud adoption drive industry transformation
Attend TCF 2022 — Find out how Request-To-Pay will transform payments
I remember my first TCF vividly. I was preparing to attend it in Barcelona when the pandemic struck. I love Barcelona – but I saw it from my home office! While it was a fabulous event with great content, one key missing ingredient was meeting Temenos colleagues, our clients, and partners.
How Request to Pay will transform payments relationships
By Mick Fennell, Business Line Director for Payments at Temenos and Mehmet Eryilmaz, Vice President Real-Time Payments & New Payment Platforms at Mastercard, presented at MoneyLIVE Summit 2022 focusing on how Request to Pay has the potential to transform billing processes and improve the customer experience. This is a short blog taken from their session.
What is Request To Pay, And Why Will it Be Such a Revolution?
Request to Pay (R2P) is a new, flexible method for settling bills between people, organizations, and businesses. For years the old-fashioned paper and e-mail invoices have been the favoured way to list services done and request payment. Still, change often comes unexpectedly, and R2P is about to burst upon us in a Tsunami of change. Read on to find out more.
SWIFT ISO 20022 STP Rates: 4 Out Of 5 Do Not See An Immediate Improvement
4 out of 5 people who voted in our poll do not believe there will be an immediate improvement in cross-border straight-through-processing rates after the introduction of ISO 20022 in November 2022.
STP Rates for Cross Border Payments
The SWIFT network is one of, if not the, key cross border payment execution options available to financial institutions around the world.
Multi-jurisdictional Temenos Payments SaaS
Temenos is ideally placed to be that sustainable, long term partner for regional or global, international entity networks in the ever changing digital payment age.
Sustainability in Payments Processing – Maintaining Pole Position in an Ever-Advancing Race
As we ease into the early years of this new decade, many global financial institutions have reached an inflection point in their payments processing.
Break the mold & pave the way for a brighter future
How do you pave the way to a successful future? A future where the burden of maintaining compliance with mandated regulatory change in multiple markets is greatly reduced, where the issues of scalability and flexibility are removed, and where your ability to address disparate markets and customer needs is a differentiator, not a barrier to success?
International Entity Networks: Breaking the second class citizen mold
In recent years, it has become increasingly difficult for financial institutions to avoid or postpone the strategic investment required to meaningfully address the pressing challenges of payment processing modernization. Industry initiatives such as new instant payment services, or new ISO 20022 based clearing schemes, or new open API initiated flows, all demand significant change.
Where are you on your SWIFT ISO 20022 journey?
There's still a lot of work to be done as financial institutions start to define and begin their SWIFT ISO 20022 journey
Seamless Instant Payments
Around the world, banks find themselves under a veritable assault from different payment apps and fintech service providers and the demands they place on their processing capabilities. Consumers have more…