Three non-negotiables for payments: Speed, simplicity, security

Euromoney releases on Tuesday the global rankings of the leading providers in cash management, accompanied by an in-depth report highlighting key insights from top corporate banks. In the meantime, fintechs invest heavily to respond to rising client demands for speed, simplicity and security in payments.

Photo: Getty

Fintechs are continuing to disrupt the payments landscape, with most offering sleek, high-quality user interfaces alongside subtle points of differentiation. Leading payment providers share their views on how to build competitive advantage while addressing client demand for the three non-negotiables for payments:

1. Speed

Faster or real-time payments have transformed how money moves. Yet the push for speed has introduced a paradox. The very safeguards designed to protect customers often slow transactions down, clashing with the seamless ‘one-click’ experience that online retailers want to deliver.