With announcements of changes in the vendors’ products availability, the payment sector is going through a period of exceptional uncertainty. Banks and processors have to face a number of decisions on what the options are and how to proceed to enable them not only to provide services to their clients with the same or better efficiencies, but to stay relevant in the globalised and new disruptive offerings by competitors.
The options banks face are to stay with what they have and provide services in-house, effectively building their own systems, buy from other vendors or outsource the complete solution. And do all of this without affecting the quality of services to their customers.
With our understanding of the inner workings of the transaction processing system vendors, we are at an excellent position to help our customers review, plan and implement appropriate changes based on a business case for a long term project.