THE REST
PAYMENT STRATEGY REPORT
Are you a Payment Innovator?
How to get ahead in the changing world of payments
The convergence of banking and payments is helping some companies innovate and get ahead. Here’s how to make sure you’re one of them.
Banking and payments are converging: This means banking services and payment methods are being integrated to create a seamless user experience.
Buying cars, spending a weekend away and even paying taxes are becoming much easier as companies transform their payment strategies. By seamlessly converging a range of financial services with payment solutions, businesses are becoming more efficient and customers are getting better service with more payment options.
Our research shows that companies that do this benefit significantly. In our report, we explore exactly what we mean by convergence of banking and payments, and how payment modernization can boost your business.
INDUSTRY RESEARCH
RELATED RESOURCES
Payments are now a hot topic.
More companies are strengthening their payments strategies. In 2023, only 28% of companies had an advanced payments strategy. In 2024, it rose to 42%.
Why?
Technology
The rise of new technologies, such as AI, is transforming payments.
Fraud
The risk of fraud is high, and companies want to do what they can to mitigate it.
Customer demand
Consumers want payments to be simple, quick and convenient and secure
Why prioritize payments?
Prioritizing your payments strategy and thinking about how to converge banking and payments can be very good business.
The businesses in our research that do this – the Payment Innovators – outperform the others on every business metric we asked them about.
Reputation
0%
0%
0%
Operational efficiency
0%
0%
0%
Expense management
0%
0%
0%
Employee productivity
0%
0%
0%
Customer satisfaction
0%
0%
0%
Employee retention
0%
0%
0%
71% of the Payment Innovators improved their revenues in the past 12 months, compared with only 51% of the rest.
Learn how to become a Payment Innovator.
Download our report to find out how to get ahead by innovating payments.
Payment innovation research by industry
Lodging industry
Hotels that invest in payment innovation can streamline the guest journey.
Retail industry
How payment innovation can power retail success
Automotive industry
Lorem ipsum.
Government Sector
Lorem ipsum lorem ipsum lorem ipsum lorem ipsum.
Your privacy is important to us. By clicking 'Submit' you agree to our terms. By providing us with an email address you are expressly consenting or providing implied consent to receiving email communications — including but not limited to Marketing material/Advertising, Promotions, Sales Campaigns, and Questioner/Research Surveys. By providing us with a telephone number for a cellular phone or other wireless device, including a number that you later convert to a cellular number, you are expressly consenting to receiving communications — including but not limited to prerecorded or artificial voice message calls, text messages, and calls made by an automatic telephone dialing system—from us and our affiliates and agents at that number. This express consent applies to each such telephone number that you provide to us now or in the future and permits such calls for non-marketing purposes. Calls and messages may incur access fees from your cellular provider.
Start of disclosure content