Boston, December 2, 2021 – Businesses everywhere are moving to an increasingly digital-first environment, with most either recently or currently undertaking a digital transformation journey. This is leading to significant change in how businesses interact with payments, payments data, and their payment partners, and is affecting the struggles they face in creating a seamless payments environment. This presents a major opportunity for banks, payment providers, and emerging fintech vendors that can support businesses in this digital-first landscape.
This research looks at where the digital integration journey stands for businesses today, who they are turning to for help, and how businesses can better integrate payments into their ecosystems. It is based on a quantitative survey, sponsored by Discover Global Network, of 251 payment decision-makers with small, midsize, and large enterprises in the U.S., which was conducted in Q1 2021, and is backed up by a series of qualitative interviews with industry stakeholders.
This 18-page Impact Report contains four figures and two tables. Clients of Aite-Novarica Group’s Commercial Banking & Payments service can download this report and the corresponding charts.
This report mentions Magento, Oracle Netsuite, Sage, SAP, Shopify, Square, Stripe, and Xero.
About the Author
Gilles Ubaghs
Gilles Ubaghs is a Strategic Advisor with the Commercial Banking & Payments practice at Datos Insights, where he is focused on business-to-business and commercial payments as well as the role of digital transformation across the enterprise and broader financial services sector. Gilles brings over 15 years of experience in the analysis and financial services space creating a range of syndicated off-the-shelf and...
Other Authors
Erika Baumann
Erika Baumann serves as Director of the Commercial Banking & Payments practice at Datos Insights, focusing on payables and receivables technology and solutions. She has over 10 years of experience in the wholesale banking space, bringing expertise from both banking and fintech vendor positions. She has worked extensively with both U.S. and international banks, vendors, and the clients of each to identify...