Today’s consumer-driven society, increased regulation, security related concerns and the entrance of new players has led to a payments marketplace that looks vastly different than it did even a few years ago.
Constant innovation is needed to keep up (and stay ahead) of the market drivers and new sources of revenue need to be found while expanding presence in the market. Disruption by new players is eroding revenue and putting pressure on margins and regulatory pressures are driving the need for greater efficiency.
Technology is infringing on traditional banking products and to keep up with the pace of change, Banks need to embrace technology, partner with leading providers who have the experience and knowledge to transform and who can help to deliver innovative payment solutions while maintaining safety and security of payments.
CSC has a proven ability to work with the industry and its regulators to help shape the evolving framework of faster payments -- be it consumer-oriented mobile payments or an infrastructure for enabling faster payments -- allowing our clients to create differentiated propositions that can take advantage of the disruptions.
Additional capabilities in Intraday Liquidity Management help banks respond to regulation and make best use of assets. CSC also provides Global Payment Transactions solutions as well as an industry leading solution for Card Management.