With the rapid transition to cashless economies, financial institutions across Southeast Asia, Australia and India require real-time, secure and flexible payments and liquidity management solutions to manage the needs of digitally native consumers, corporates and businesses across domestic and cross-border payments.
Increasing presence of big tech, evolving niche players and the need for greater financial inclusion, along with the consolidation of payments rails and the unprecedented rise of digital payments, is creating a competitive payments market ecosystem across Asia. Non-banking players and international financial institutions are competing with you for revenue.
Your financial institution needs a payments strategy that supports contactless consumers, corporates who are looking to reap the benefits of interconnected payments ecosystems, as well as cross-border instant payments.
Enterprise Payments Platform from Fiserv lets you process all payments – independent of channel, scheme and type – on a single, centralised platform and offers intelligent, automated payments processing.
Maintaining compliance for both regulatory and industry-driven standards is complex and expensive, yet fundamental to a financial institution’s ability to provide payment services. This impact study explores five core areas of compliance that are challenging financial institutions today, and how combatting these concerns can orient institutions for success.
If you want to know more about our Enterprise Payments Platform solutions or just want to talk about your business requirements, fill out the form and we will contact you as soon as possible.
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