Payments

The once staid world of Payments is now a battle-ground for regulators, overseers and new market entrants. The resulting pressure on established Payments businesses is unprecedented.

Counter intuitively, in today’s market, a mature presence and service offering could be a competitive disadvantage. However, building upon strong customer bases and distribution channels, banks have a unique opportunity to deliver transformative change to their businesses, and, to their customers.

Delivery requires a partner who can seed niche skills in to your Payments teams, to help shape their thinking on future strategy, to turn this strategy in to your payments roadmap, and, to ensure you deliver this change in to the technical and business organisation.

resolvIT ‘s Payment team…

  • Are Payments specialists, having worked exclusively in the domain for most of their careers.
  • Speak your Payments teams’ language. They understand their pressures and the expectations of their stakeholders.
  • Hold deep, detailed knowledge of how Payments systems
    work – throughout the payments value chain – from initiation and capture, through to clearing, settlement and reconciliation.
  • Hold the industry credibility needed to liaise with schemes, regulators and overseers, and, to manage your largest partners and suppliers.
  • Have successfully delivered transformative change in payments scheme, service supplier and bank environments.
  • Can work across the life-cycle, from strategy and roadmap, through to design and delivery of your Payments Transformation.

Members of resolvIT’s Payment team have been at the heart of the Payments revolution. In the UK they have helped to deliver NewBacs, Faster Payments, the Future Clearing Model, PayM, IAS, Cash ISA Switching , ZAPP and PSD2 / OpenBanking. Internationally they have helped with the roll-out of real-time payments to markets such as Singapore and the US.

They are actively engaged in Transforming the Payments Services of leading UK banks.