The Convergence of Payments

It is likely that 2020 will prove to be a catalyst year for many changes in the payments industry. Ongoing convergence is a major theme in the broader topic of the future of payments. Early data indicates that this has been accelerated by COVID‑19.  


Fiserv is driving organizational change around payments convergence as part of a new breed of consolidated payment processors.

Many banks are also reorganizing around the concept of a central payments team covering both carded and non-carded payments. A key technology priority is to route all of the new payment initiation types from channel-specific gateways into a consistent, holistic transaction processing and data management environment.

This EMEA white paper is the first from our Future of Payment series. Download it now to understand how financial institutions can meet the challenges associated with the convergence of payments.