Commercial and enterprise payments continue to evolve rapidly as financial institutions and corporate clients adapt to a more digital, data-driven operating environment. Research from Mercator Advisory Group identifies several major themes shaping the market, including the expansion of open banking, growing focus on liquidity management, broader adoption of cloud-based service models, and increased investment in risk management capabilities. As businesses seek faster, more flexible payment solutions, banks are being pushed to modernize infrastructure and deliver more integrated commercial payment experiences.
Don’t miss another episode of Truth In Data! Click on the red bell in the lower-left of your screen to receive notifications as soon as the episode publishes.
Data for today’s episode is provided by Mercator Advisory Group’s Viewpoint: 2022 Outlook: Commercial and Enterprise Payments
4 Commercial & Enterprise Success Themes for 2022:
The four general themes for commercial and enterprise payments are as follows:
- Open banking in commercial applications is essentially now a market reality.
- Liquidity as a theme for corporate banks and their clients encompasses a host of product categories but is underlined by digital transformation.
- Cloud facilitates the momentum building around platform approaches to service delivery and creates a more streamlined cost base in uncertain times for revenue generation.
- Risk management is a fundamental priority, requiring ongoing investment.
About Viewpoint
Mercator Advisory Group provides an early view into the success metrics that will drive commercial and enterprise payments as we move into 2022 and beyond.
