January 4, 2022 – The pace of technology and innovation in commercial banking and payments is much quicker than most financial institutions can keep up with. As businesses demand greater levels of automation and autonomy in payments and related banking services, a greater number of market players are rising to meet that demand. This not only creates an environment of innovation and creative partnerships but also raises the stakes for FIs to become and remain a key part of the financial services market through differentiated and comprehensive capabilities.

This is a 20-page Impact Report. Clients of Aite-Novarica Group’s Commercial Banking & Payments service can download this report and the corresponding charts.

This report mentions Federal Deposit Insurance Corporation, Lending Club, MuleSoft, Netflix, New York Department of Financial Services, Nium, OpenPayd, R3, Radius Bank, Revolut, Ripple, Stripe, Square, The Clearing House, Trovata, Varo Money, World Bank, and Xinfin.