Mohammed Badi, Stefan Dab, Pierre Paoli, Maarten Peeters, Prateek Roongta, Olivier Sampieri and Yann Sénant
Global Payments 2017
Deepening the Customer Relationship
Boston Consulting Group, 2017
What's inside?
Global payment systems are evolving as new competitors challenge mainstream banks.
Recommendation
As digital technology advances, established banks face competition from both upstart fintechs and giant companies seeking to eat into banks’ lucrative payments business. While these newcomers may have the edge on technology, they lack the prized client relationships that banks enjoy. This informative article from Boston Consulting Group professionals lays out the global payment system landscape and offers broad suggestions for banks seeking to remain competitive. getAbstract recommends this report’s authoritative insights to bank executives and technology professionals interested in the evolving global payment system environment.
Summary
About the Authors
Mohammed Badi et al. are professionals with the Boston Consulting Group.
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