Announcements

  • Digital Transformation Accelerates Emerging Payment Platforms β€” PYMNTS

    By: Mark Dixon, AAP, APRP, NCP Mark Dixon, AAP, APRP, NCP , 5 years ago
    "It would be difficult to pick a single reason why payments modernization is currently accelerating. But Domenico Scaffidi, head of market infrastructures for FinTech software maker Volante Technologies, told PYMNTS in a recent interview that better cloud technology, proven cost efficiencies and COVID-related lifestyle changes are all partial explanations.

    All told, Scaffidi said the modernization process is simply growing up. β€œIt is interesting to observe that cloud technology and digital transformation are now mature enough so there is [no longer any] lack of trust in security or bandwidth on the bank side,” he said."