The commercial payments market is projected to reach $1.26 trillion in revenue by 2028. 55% of banks today are challenged by competitive solutions from fintechs; 72% say it’s hard to compete in key areas. Most banks right now underestimate the importance of value-added services to customers and under-invest in the tech needed to deliver them.
Read the full study at https://www.accenture.com/us-en/insights/banking/reinventing-commercial-payments-profitable-growth
