Technological innovations are disrupting numerous domains of the fintech space, and one among them is the payment and card realm. Today, payments have become more ubiquitous, embedded, standardized, and secure, thereby reducing friction in processing and eventually boosting the customer experience. To meet the demands of the tech-savvy millenials and Gen Z, mobile point of sale (mPOS) payments are gaining the momentum.
In essence, mPOS is facilitating seamless, flexible real-time payment transactions in stores by streamlining and replacing the central checkout areas with mPOS devices. Also, the growth of automation and IoT has opened doors for smart speaker payments voice-controlled through home assistants that allow customers to either send or receive money digitally. Besides, digitized invoicing and accounts payable are enabling business managers to replace traditional paper-billing systems with a single seamless digital platform that offers full payment services, invoicing, account receivables information, and many more.
In the wake of such drastic transitions, we have compiled this issue of Banking CIO Outlook in order to assist organizations in the task of finding accomplished solution providers to help them navigate the payment and card realm. In this edition, we have listed the Top 10 Payment and Card Companies in Europe 2020 to highlight the companies that can escalate the chances of your growth. Equipped with innovative technological capabilities, these enlisted solution providers are transforming the payment and card landscape at the cloverleaf of various disruptive technologies. Besides, the magazine comprises insights from subject-matter experts, CIOs, and CXOs in the banking sector on the latest industry trends, best practices, recent innovations, and highlights their expertise. We hope this issue of Banking CIO Outlook helps you build the partnership you and your organisation need to foster an environment driven by robust and efficient technology.
We present to you Banking CIO Outlook’s “Top 10 Payment and Card Companies in Europe – 2020.”