The payments infrastructure of a bank is intrinsic to everything it does, says Misys. Focusing on improving payments systems and processes will deliver benefits in trade, corporate and retail banking activities.
New payments infrastructures are paving the way for banks to grow their payments business and level the playing field. Banks of all sizes can be competitive, even in the face of increased regulatory pressures and the entrance of new, non-bank players.
The effort required to deliver such results should not be viewed as onerous, argues Misys, payments modernisation is not rocket science, it is a very achievable concept open to banks of all sizes.
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