Key Payment Trends in Wholesale Banking, 2020: Moving Money Faster and Smarter

Commercial payments are facing an exciting revolution, and this is still an early phase of their development.

Boston, February 19, 2020 While the hype around payments transformation and innovation has largely focused on the consumer market in recent years, the changes now happening in the wholesale payments space are just as profound and increasingly global in nature. Changes to the global payments infrastructure, at both a domestic and cross-border level, shifts in the competitive landscape, and innovations in even the most well-established commercial payment product areas mean that commercial payments are no longer immune to the dynamic forces reshaping the business world. New payment rails and value-added functional offerings are being launched as banks are forced to keep up with an ever-changing set of customer demands and expectations.

Clients of Aite Group’s Wholesale Banking & Payments service can download this 14-page Impact Brief. To learn more about the topic covered in this Impact Brief, please contact us at [email protected].

This report mentions Acompany, American Express, Bell ID, Billtrust, Brex, Chain, Currency Cloud, Earthport, Ethoca, FirstData, FIS, Fiserv, Fraedom, Global Payments, Mastercard, MineralTree, Nets, Payworks, Pitchbooks, Plaid, Qonto, R3, Rambuss, Ripple, RiskRecon, SpendLabs, Sterling, SWIFT, The Clearing House, Tide, Transactis, Transfast, TSYS, Verifi, Visa, Vocalink, Vyze, and Worldpay.

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