How Banks are Fighting Back Against Disruptors With Real-time Payment Platforms

19 Jan 2021
Date submitted
19 Jan 2021
Resource type
White paper
File type
Web page Web page
Recent years have seen disruptors enter the cross-border payment space causing banks to lose grip on a significant revenue stream. Surveys indicate that banks account for less than 65% of today's market share and more than half of these customers are unhappy. Conversely, it has been reported that fintech solution providers are offering superior services at a fraction of the cost.

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