October 13, 2022 – Customer needs and expectations continue to evolve faster than ever, and financial institutions must strive to meet expectations and innovate to stay one step ahead. Financial institutions’ capabilities and the breadth of their product portfolios must go beyond traditional offerings to address new market challenges and capture new opportunities.

Aite-Novarica Group’s Impact Awards are designed to recognize and celebrate innovation achieved by financial institutions leveraging technology to surpass the status quo. Award recipients are leading the industry by identifying and implementing new products, capabilities, or levels of automation and effectiveness that are bringing our industry one step closer to next-generation banking. The winners of the 2022 Impact Awards in Cash Management & Payments follow: Bank of America, Canadian Western Bank, Intesa Sanpaolo, PNC Bank, and U.S. Bank.

This 43-page Impact Report contains 11 figures and five tables. Clients of Aite-Novarica Group’s Commercial Banking & Payments service can download this report and the corresponding charts.

This report mentions BE DigiTech Solutions, BMO, CIBC, RBC, Scotia, Sovos, SWIFT, TD, and Temenos.