As Featured on Forbes.com
Faster payment systems are being adopted in countries all around the globe even though there is no compelling ROI argument for them, according to the fourth annual Flavors of Fast payments study from FIS.
“We encourage you to look beyond the two-dimensional business case to the third dimension: business value,” wrote Anthony Jabbour, chief operating officers for banking & payments at FIS. “We recognize that it is the relevant data that allows you to build new services, to drive loyalty and a unique instant and relevant customer experience, enabled by new API technologies. It is the only way forward and the research clearly indicates that the schemes with the higher innovation scores enjoy a faster adoption rate.”