The evolving payments landscape in commercial banking is a continued area of focus for financial institutions (FIs) and vendors. Broadly described as infrastructure modernization efforts, FIs in particular are being challenged to keep up with payments volume and data integration needs, technical innovations, and the growing need for real-time capabilities.
September 29, 2022
Aite-Novarica Group’s Commercial Banking & Payments team is excited to once again meet in person on October 19th in New York City for
January 21, 2022
Technology is changing more rapidly than most commercial banking and payments institutions can absorb. More and more non-FI providers are emerging to address the rising demand for automation and autonomy in banking services where FIs may be lacking. The dynamic this creates is one of an evolving ecosystem in which no single partner or provider is meeting all the treasury, lending, and technology needs of businesses. In turn, businesses are becoming better educated and more savvy about their market options.
March 4, 2021
Financial services companies are finally cashing in on cross-border payments. There is more innovation and change than ever in the global payment industry. In 2014, there were only 14 local real-time payment schemes. There are now more than 60, with 20 of those networks launching in the last 18 to 24 months amid advances in payment technologies, including messaging standards and cloud computing, and continued globalization of the payment industry.