[Infographic] Payment Systems Modernization
Many payments systems around the world are being improved or rebuilt to serve the needs of a modern, digital culture. Payments System Modernization is a huge challenge that affects the entire payments ecosystem.
We created an Infographic that shows the breadth of the impact globally for real time, high value, and other types of payments.
A few of the things we cover in this Infographic:
- The Payments Ecosystem
- Examples of Payments Modernization Programs
- Challenges of Modernization
- Phases in a Modernization Program
- Standardization and ISO 20022 Messages for Real Time
- Smoothing the path to Modernization with automated testing for the ecosystem