As banks prioritize investments in both commercial and retail payments, with a significant portion planning to spend over $20 million, it’s clear that payment modernization is at the forefront of industry strategy. However, legacy infrastructure remains a significant challenge.
One of the best options for modernization is the usage of a payments hub. However, what does it really do to drive innovation?
Gain a better understanding of what a payments hub is and how it can impact financial institutions, and the industry at large in a Banking Exchange-hosted webinar. Alacriti’s Neeraj Gupta, SVP of Product Management, discuss:
- What a payments hub is and how it streamlines payment processes
- Cross-rail visibility into and impact on day-to-day operations and client experience
- How intelligent routing and business rules integration works with a payments hub
- Strategic applications that enable deeper insight into client behavior and identify new revenue opportunities
- Industry trends in transaction volume and channel origination and the implication for managing payments
