Reshaping Global Payments 

Factors Transforming the Financial Services Landscape for Financial Institutions

The payments ecosystem is changing, reshaping the financial services industry at a fast pace and in multiple different ways.

Our whitepaper, Reshaping Global Payments, based on a worldwide survey of c-suite level executives, uncovers how leaders are leveraging opportunities and risks from recent regulatory initiatives such as PSD2 and Open Banking. It also provides insights on how these initiatives could impact the compliance, digital and competitive landscape in the industry.

The global survey included respondents such as compliance professionals and technology representatives of financial services firms, as well as fintechs operating within the payments industry, adding comprehensive insights and data for readers to explore.

Read our complimentary whitepaper to learn why:

  • 29.2% believe cross-industry collaboration could help when managing PSD2.
  • One in five companies are investing up to 50% of their overall budget in digital transformation.
  • 45% are likely/very likely to partner with a fintech provider to deliver cross-border payments.

A large bank operating in Western Canada connected with a payments specialist to offer customers payments in 130+ different currencies. Business models are changing in order to adapt to the new reality of digital transformation and regulatory disruptions such as Open Banking. Is your financial institution ready?

Western Union Business Solutions      

A New Payments Paradigm