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According to Peter Hazou, Director of Development for Microsoft’s World Wide Financial Services Industry Group, the industry is at a pivotal moment and the success of financial services organizations “depends on how well they transform to create new value, becoming indispensable partners in increasingly interdependent networks and complex value chains that cross business, geographic and industry boundaries.”
The recent whitepaper “The Changing Payments and Financial Messaging Landscape” discusses this new paradigm in-depth. Most importantly, it digs into the issue of how banks can achieve success in this new age, as well as how they can make the most of the opportunities inherent in such a transformative time.