Future-Ready Payments: The Payment Sourcing Handbook
Market Report

24 Dec 2024
by Manu Aggarwal, Ronak Doshi, Dheeraj Maken, Kriti Seth, Rahul Mittal, Ritwik Rudra

The global payments market is rapidly transforming, driven by technology advances and digitalization. As the payment enterprise ecosystem becomes more diverse and interconnected, companies must make strategic sourcing decisions to remain competitive and prepared for the eventual stabilization of macroeconomic disruptions.

This report provides actionable insights to help payment enterprises make informed partner selection decisions, offering a comprehensive guide on optimal sourcing strategies. It also includes a comprehensive supplier assessment, profiling 20 IT-BP and 10 product-heritage providers.

Real-time payments, account-to-account advances, and emerging technologies, such as AI and blockchain, are reshaping the market. Digital wallets are gaining traction, and enterprises must modernize their infrastructures and enhance customer experience to stay competitive. This report serves as a vital handbook for sourcing strategies, enabling payment enterprises to navigate challenges and seize long-term success opportunities.

Scope

  • Industry: banking and financial services
  • Geography: global
  • Services: payment business processes and information technology services

Contents

In this report, we:

  • Examine the diverse ecosystem of payment enterprises and their unique sourcing challenges
  • Present a three-step framework to guide sourcing and partner selection decisions
  • Provide detailed profiles of 20 IT-BP and 10 product-heritage providers

Membership(s)

Banking Business Process

Financial Crime and Compliance Operations​

Banking Information Technology

Sourcing and Vendor Management

 

Page Count: 55