This Research Report introduces the notion of an intelligent payments platform that encompasses the end-to-end life cycle of a payment—from original inception to execution and settlement—helping banks and financial service institutions (FIs) to operate in a seamless manner when exchanging payments information with their corporate and small-to-midsize enterprises (SMEs) clients. A modern intelligent payments platform is worth pursuing for any FI, regardless of size. Long term, a payments platform can provide significant cost savings, enhance the client experience, enable new product offerings with quicker go-to-market time, and provide an efficient foundation for all new payment workstreams going forward.
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