2021 Payments Trends
- Date:December 09, 2020
- Author(s):
- Krista Tedder
- Rachel Huber
- Report Details: 10 pages, 2 graphics
- Research Topic(s):
- Tech & Infrastructure
- PAID CONTENT
Overview
The changes in consumer behavior and technology each influence Javelin’s 2021 industry trends. A new normal has set in, one where the industry needs to be more agile than in the past ten years combined but also one where innovation is thriving.
The challenge for payment executives is to figure out how to remain competitive and diversify revenues. One mistake to avoid: expecting the wheels of innovation and change to slow down. Rather, the focus should be on adopting a more inclusive and modern payment strategy that ensures future viability. This will require hard conversations but necessary ones that, if done correctly, can secure years of success.
Learn More About This Report & Javelin
Related content
Surveying the Payments Consultants: The Services Overview
The next wave of payment modernization is rolling in. Technology has emerged to power more advanced payment solutions, including real-time payments rails and open banking. It follo...
FedNow and Technology Vendors: Setting the Foundation for Future Payments
This Javelin Strategy & Research report looks at the Federal Reserve's FedNow service, but from the perspective of choosing the right technology vendor. FedNow offers a foundation ...
Coexisting in Payments: How Middleware Forges Alliances Among Smaller FIs, Core Providers, and Fintechs
Small and medium-sized banks, short on the resources to rebuild their infrastructure and long frustrated by the slow pace of innovation by some core banking service providers, are ...
Make informed decisions in a digital financial world