Advance ahead of the times: The route forward in corporate banking and payments
With the corporate banking and payments landscapes changing rapidly, banks need to be able to upgrade systems more efficiently if they are to respond and compete. Our experts examine the market drivers and the route forward.
In times of the new normal, how can banks continue to evolve, overcome regulation changes and boost agility even when the rest of the world seems at a standstill?
Data reveals that by 2025, value-add services will be the number one priority for corporate clients. To respond to changing customer expectations and compete, banks need to effectively transition to becoming a platform player. And with payment regulations demanding stricter fraud requirements and the momentum towards real-time payment growing fast, banks simply cannot afford to stand still. They need to ensure they have up to date software, enabling them to take advantage of new opportunities and offer value-add services.
Our experts, Brian Edmondson and Tal Weiser, discuss the coming transformation in the corporate banking and payments landscape and the key considerations for banks looking to successfully upgrade.
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