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.

The time to transform is now. Explore our payments solutions.

• Next-gen payments
  When your payment volumes are increasing, you need a winning payments tech stack. We’ll modernize your core payment processing, replace legacy gateways, and migrate you to a cloud-native system.
• Payments-as-a-service
  Forget building your own payment processing system: we’ll outsource it for you. By linking you up with one of our leading partners, we’ll enable you to leverage their infrastructure, their expertise and their tech.
• Market regulator-driven change
  We’ll assess the impact of new regulatory changes on your business and, through our ecosystem of partners and accelerators, help you leverage change to fuel your modernization.
• Data and AI
  AI: it’s the not-so-secret sauce for your payments modernization. With our Gen AI accelerators, including PS Bodhi, we’ll help you boost your security, increase operational efficiency and elevate your customer experience.