Historically, uncertain return-on-investment projections have made it difficult to articulate the business case for modernization initiatives. However, the market has now matured to a point where tangible results are emerging across the industry. Leading banks of all sizes are demonstrating measurable improvements in operational efficiency, customer retention, and revenue growth following successful modernization efforts.

This report provides concrete examples of how financial institutions have benefitted from and monetized payment modernization initiatives. It is based on a Q3 2024 online survey of 1,037 employees of midsize and large organizations in North America, Europe, and the Asia-Pacific region and a Q1 2025 survey of 1,004 SMBs based in the U.S.
Clients of Datos Insights’ Commercial Banking & Payments service can download this report.
About the Author
Erika Baumann
Erika Baumann serves as Director of the Commercial Banking & Payments practice at Datos Insights, focusing on payables and receivables technology and solutions. She has over 10 years of experience in the wholesale banking space, bringing expertise from both banking and fintech vendor positions. She has worked extensively with both U.S. and international banks, vendors, and the clients of each to identify...