Who What Where Guide to Payments Systems and Suppliers

The payments industry hasn't changed fundamentally for 25 years: in parts, anachronistic, operationally at odds with today's 'real time' world and often not delivering best value to the customer.

An overhaul was long overdue. Pressured by the demands of globalisation and the increased expectations of their clients; driven by regulations such as SEPA in Europe; motivated by the opportunities presented by mobile technology; challenged by new entrants to their traditional market - the banks are being obliged to change the way they carry out their payments business. And there will be winners and losers in the new payments world.

These developments have far-reaching implications for payments systems and the architecture which underpins them.

Driven by this unparalleled period of growth and change, banks all over the world are embarking on new projects and totally re-vamping their payments architecture. "The IBS Who, What, Where Guide to Payments Systems" is an excellent starting point for banks setting out on this transformation. Taking an independent view of what is happening in the payments industry, it looks at market developments as a context for the IT strategies being adopted by banks, and as drivers for the payments systems, architectures and services now on offer from suppliers.

It sets out this information clearly and with the editorial independence you would expect from an IBS publication.