Resources

[Infographic] Payment Systems Modernization

Written by Tricia Balfe | March 30, 2021

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 theentire payments ecosystem.

We created an Infographic that shows the breadth of the impact globally for real time, high value, and other types of payments.

Here are a few of the things we cover in this Infographic:

  •  Examples of Payments Modernization Programs
  •  Challenges of Modernization, and phases in a Modernization Program
  •  Standardization around ISO 20022
  •  Smoothing the path to Modernization with automated testing for the ecosystem