Addressing competitive pressures in payments
As the payments landscape continues to evolve, banks face growing competitive pressure from non-bank providers and challenger banks.
![Image of laptop with woman paying with phone](/sites/default/files/styles/small_hq/public/images/2021/07/market-insights_addressing-competitive-pressures-in-payments.jpg?itok=7jQE4iQ6)
Default Finastra
With customers increasingly expecting speed, agility and flexibility from their payments, it has never been more important for banks to embrace innovation and differentiate themselves – and the possibilities presented by technology and open platforms can help banks gain the speed and transparency they need in order to compete effectively in this market.