The term “payments modernisation” is increasingly on everyone’s lips. Or keyboards—Google data show that global interest in the term has doubled in the past decade, based on the number of Internet queries for the term.
Within the payments industry we tend to take the necessity of payments modernisation for granted but it is worth examining why? In this spirit, Volante worked with Finextra over the first half of 2022 to understand the payments modernisation priorities and plans across hundreds of banks, financial institutions, and payments ecosystem participants.
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