Propelled by operational and technological innovations, the payments industry is constantly revamping itself in an ambitious bid to cope with the dynamic nature of customer needs. Multiple near-term, individual trends are revolutionising their way toward sculpting the new-age payment and card landscape. Both technologies as well as data-driven strategies are being weighed against differentiated experiences, with an objective to render a seamless and secure transaction flow. Added to that, firms are moving ahead of the legacy systems and stepping toward infrastructure modernization involving targeted mergers & acquisitions (M&A). Considering these circumstances, services providers are assessing the relevance of these trends two-three years from the present day.
Understanding this transitory phase, Banking CIO Outlook has compiled a list of top 10 Payment and Card Consulting/Services Companies in Europe to guide organisations associated with the payment and card sector in harnessing the power of technology to tackle today’s invoicing challenges, reduce workload, and increase efficiencies, while simultaneously engaging customers with tools that provide an excellent transactional experience.
In the wake of technological advancements in the payments and card landscape, we are glad to feature Pacific Asian Atlantic Capital Group (PAA CAPITAL GROUP) on our annual list of Payment and Card Consulting/Services Companies. PAA CAPITAL offers cross-border payment services to enterprises and banks through the combination of a network of segregated bank accounts. The company is a fully-licensed financial institution, accredited by the Ministry of Finance and Development in Botswana, redefining the future of banking as a service. In its journey of facilitating global payment and funding options, the firm aims to eliminate the complexity associated with international fund transfers and trades.
Enlisted on this edition is BANCIBO, an organisation who has revamped its business strategy after the deregulation of cards and payments services. Having partnered with other firms, the company has evolved as a payment provider and an e-money issuer without a full bank license in order to capitalise on the market challenges and attain global recognition. On the other hand, HomeSend is essentially developed to enable banks, money transfer firms, government institutions, mobile money operators and similar other fintech organisations. The HomeSend network collaborates with financial houses with an aim to modernize monetary transactions both domestic and across borders.
For Ementexx, however, the USP lies in its ennoxx.banking, which is a fully-automated banking and communication platform financial transactions across multiple banks. The company’s software is tailored to the needs of every client, aimed at process-optimised workflows in a business.
With several innovative technological capabilities and success stories up their sleeves, these service providers are constantly proving their mettle in the payments and card industry. We hope this issue of Banking CIO Outlook helps you build a futuristic partnership with your clients to foster a technologically-driven environment.
We present to you Banking CIO Outlook’s “Top 10 Payment and Card Consulting/Services Companies in Europe - 2019.”
