09.260.2019 - 65% of banks struggle with payment profitability according to Aite research

Report reveals that slow payment transformation risks shrinking margins furtherLondon, 17th September 2019 - Aite Group, a global research and advisory firm in financial services, today launches a new report “The Payments Transformation Race: Criteria for Success”, commissioned by Icon Solutions. Based on a global survey of senior executives at the world’s top-tier banks, it reveals that high costs, low margins and increasingly commoditised business models are eroding payment profits, resulting in some services failing... Source: RealWire - View Press Release