Sibos 2018: Payments

Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
19 February 2019
Gareth Lodge

A Catalyst for Change

Abstract

Payments, once perceived by many outside the space as a dull utility where regulators allowed “benevolent monopolies” to exist, has now truly moved on. Although it is still a highly standardized industry, regulation actively encourages competition.

As we traversed Sibos, we realized that there was one unifying message underlying all discussions related to payments: the industry will look and act very differently in a relatively short space of time.

In other words, not only is doing nothing not an option, but those who are slow to change or who fail to recognize how they are enabling much larger changes, will find themselves left behind as the industry pivots into a very different dynamic.

But rising to the challenge will take more than cosmetic fixes. Fundamental changes to the way we think, the way we operate and the way we execute will be needed. We delve into the forces driving this phenomenon and reveal what you need to do to bring about the necessary transformation.

Sibos 2018 Payments

What You Will Learn

  • How new entrants are disrupting the market--and what incumbents need to do in order to compete
  • Why banks need to move beyond the traditional bank thinking
  • The three Re-'s, Re-Wiring, Re-Building, and Re-Imagining
  • How five technologies will combine to create opportunities--and disruption
  • How to chart the path forward

This is the one of three reports that delve into different topics explored at Sibos 2018. Click the following links to access our other discussions on Cybersecurity and Fighting Financial Crime.

Read the Report

Sign in here to access the Report. If you are not a registered user of Celent.com, you can register here.

Subscription required

Access to this content requires a Celent research subscription.

Subscribers should sign in to access this research.

sign in or register to read more

Insight details

Insight Format
Reports
Geographic Focus
Asia-Pacific, EMEA, LATAM, North America