Solutions

Transforming Corporate Payments

Customers today can choose from a huge range of payment methods and channels, with a host of banks, fintechs, PayTech companies and tech giants all competing for their own slice of this lucrative market.

Fail to rise to the challenge, and banks risk losing hard-won customer relationships and ceding position in the payments space.

To cement their position—and avoid becoming simply the ‘plumbing’ of payments—banks need to offer customers the thing they crave the most: invisible payment journeys that integrate seamlessly into their lives.

Get ready to safeguard your place in the payments landscape. We’ve identified five must-win battlegrounds you’ll need to target.

1 Create personalized, invisible digital payments
Offer seamless payment experiences for both consumers and businesses.

2 Modernize your payment tech stack
Adopt new architectures, cloud and AI to stay ahead.

3 Embrace a platform approach and payments-as-a-service
Realize the potential of platform-based models and unbundling core payments capabilities.

4 Make the most of regulatory opportunities
Leverage structural and regulatory changes (like ISO 20022) to innovate and enhance your customer experience.

5 Invest in the latest tech
Focus on advanced security, identification and fraud prevention technologies.