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The global payments market is expected to continue on a high growth trajectory with non-cash payments volumes projected to grow at a rate of more than 10% to reach a record high of 426.3 billion transactions in 2015*. The increasing complexity of the regulatory landscape requires banks to adopt a holistic compliance strategy. Even corporates are now demanding more digital offerings from banks, and banks can meet these by investing in their digital capabilities. Banks also need to adopt a more collaborative approach with FinTechs to absorb their innovative capacities and provide more digital offerings to corporates.
Capgemini helps financial institutions efficiently and cost-effectively adopt emerging technologies in the payments landscape to resolve the most common payment issues, and ensure compliance to local and global requirements through realization of a payments hub. Learn how Capgemini is delivering next generation payment solutions for PSD2, real-time payments and blockchain.
*World Payments Report 2016, Capgemini and BNP Paribas