Top 10 Trends in Commercial Banking & Payments, 2023: Moving Toward a Period of Growth and Connection
Report Summary
Top 10 Trends in Commercial Banking & Payments, 2023: Moving Toward a Period of Growth and Connection
The return on investment of new and better solutions is not instant, creating challenges in this environment.
Erika Baumann
Director, Commercial Banking & Payments Practice
January 4, 2023 – Technological development and innovation in commercial banking and payments continue to accelerate faster than most financial institutions (FIs) can adapt. The sales cycle, implementation, and adoption of new solutions take time. A 2023 investment may take until 2024 to be realized, so FIs must be strategic and tactical simultaneously.
Clients of Aite-Novarica Group’s Commercial Banking & Payments service can download this report.
This report mentions Amazon, Ayden, The Clearing House, EBA Clearing, Stripe, SWIFT, and Uber.