Ovum 2019 Report: Digital Payments Transformation – The New Mantra
Payment players today have a Catch-22 on their hands – they need to deliver on key industry and market initiatives like SWIFT gpi, ISO20022 migration of SWIFT and various RTGS systems, Universal Confirmations and new payment regulations on one hand, while also delivering strategic changes to their payment landscape to make it ‘agile’ and ‘future-ready’ to deal with needs of a ‘real-time’ world.
Navigating these challenges requires finding the right balance in your priorities – distinguishing the overlap between ‘urgent’ and ‘important’ initiatives to deliver on both.
This report from Ovum provides insights on the spectrum of challenges faced by payments providers today and their prioritisation.