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14 MINS READ

Blins Mony

Domain Consultant - BFSI, TCS

Highlights

  • Banks are struggling to keep up with the demands of corporate customers for faster, more efficient, and low-cost digital payment solutions.
  • The revised Payment Services Directive (PSD2) has created opportunities for banks to collaborate with fintechs, but they are held back by legacy systems that hinder innovation.
  • To retain corporate customers, banks must adopt wholesale payments transformation strategies that include adoption of digital technologies and collaboration with fintechs.