Payments

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• Financial Services
  • Industry-Specific Solutions
    • Payments
      • Retail Banking
      • Insurance
      • Wealth Management
      • Payments
      • Compliance & Risk Management
      • Leasing & Diversified Financials
      • Finance & Accounting Business Process Outsourcing

Payments'Leading Role in Financial Services.

The Payments area is a major contributor to performance and profitability, and because the stock market assigns a higher valuation to banks with a market share, Payments activities have always been at the top of the CEO agenda. Over the next five years, we expect Payments to remain a top management priority.

Four major trends are simultaneously transforming the Payments landscape, and the rate of change is accelerating as these drivers interact:

• Changing customer preferences and market conditions
• Shifting regulatory environment with SEPA & Target 2
• Escalating rate of technological innovation
• Increasing disintermediation by nonbank competitors

This upheaval will inevitably produce winners and losers. As banks recognize that a major pillar of their profitability is at risk, we expect a hard-fought battle for competitive advantages in the marketplace. The European market will become increasingly heated as SEPA pressures escalate.

Our payments solutions are focused on:

• SEPA
• TARGET 2
• Payments IT Infrastructure
• Trade Finance
• Addressing Swift Services