For mid-tier banks in the U.S., the pressure to innovate and compete is ever-increasing. Payments present an ideal opportunity to relieve this pressure, allowing banks to provide their customers with superior payments services while increasing their ability to win new business through payments innovation.
Volante surveyed 160 US mid-tier banks and credit unions to obtain insights into the current ACH, wire, and cross-border payments landscape, and better understand just how ready they are to invest in modern approaches, such as cloud-based payment systems and real-time payments.