Competing in Payments


For decades, incumbent banks have held a leadership position in the payments business and enjoyed high fees, healthy margins and limited competition. But as the payments ecosystem expands, these incumbents find themselves competing on multiple fronts.

With increased competition from card networks, payment platforms, challenger banks and big tech, banks’ market share of the global banking and payments industry has reduced from 96% in 2010 to 72% today. And competition is only going to get fiercer.

As banks look to develop strategies to counter the competition, this ebook explores the key, common battlegrounds.

Download now to discover how the ability to improve data-driven propositions, promote trust, reduce costs, realise scale advantages, drive innovation and support alternative payment rails will prove the difference between staying ahead or falling behind.