Reports

In collaboration with Consult Hyperion, we examine the payments system architectures that FIs, banks and processors utilise today, highlighting their benefits, disadvantages and where they should sit in your tech stack. This is a must-read for any C-level executive or payments professional seeking to break free of legacy thinking and strive to build a future-proof ecosystem.

In this guide we breakdown the four key models of BNPL that financial institutions (FIs) and payment service providers (PSPs) can enter the market with, detailing their key characteristics, the businesses they would be most suitable for and why they need to take action now.

In our latest white paper in collaboration with Consult Hyperion, we explore the capabilities of the SaaS (Software as a Service) and PaaS (Platform as a Service) delivery models, how they differ and how an FI can select the most appropriate model – and processor – for its product portfolio.

System replacement is a dirty phrase in the payments industry: the risk, the cost, the internal politics and the inconvenience are all huge deterrents. However, in a world that is increasingly embracing alternative payments and modern technological principles, running a business on a platform built for yesterday’s payment methods is undeniably illogical. You wouldn’t use a Nokia 8110 as a SoftPOS, so why use a card-based platform to run today’s payments business?

When it comes to payments platform modernisation strategies, there is a lot more to consider than just investing in newer technology. Whilst the industry-wide call to modernise legacy payments platforms gains momentum, in this digital-first landscape, there is a lot more to consider than like-for-like replacements. Making the right decisions when upgrading matters as much, if not more than the decision to upgrade in itself.

Over the past 10 years, TranzAxis has cemented itself as one of the most innovative payments platforms in the world. Our latest eBook delves into the history and evolution of the payments industry as whole, exploring why TranzAxis was built and where it fits into the modern day payments landscape.

A report from Compass Plus and internationally renowned payment specialists PayX takes a deep dive into TranzAxis, the Open Development Payments Platform from Compass Plus.

As technologies develop, consumers’ capacity to adapt keeps improving. Most people weren’t comfortable with land-line phones until the 1930s, 50 years after they were invented. By contrast, it took just 10 years for smartphones to become a part of people’s everyday lives. Likewise with mobile banking: launched less than 20 years ago, today around 80% of bank customers in developed economies use mobile as their primary banking channel.

This impact study sets out the key considerations FIs must make to effectively deploy their strategy. From avoiding outdated assumptions, outlining clear objectives, steering clear of industry buzzwords, to asking the right questions, these fundamental tools will only assist financial organisations in their journey to enhance or transform their digital offering.

Compass Plus Technologies and independent global payments consultancy Consult Hyperion have joined forces to make industry professionals question whether payments platforms that are entering their fourth decade can truly meet their future business needs in a new white paper. Delving into the differences between payment platforms born in the 1990s and those developed and launched in the 2010s, the white paper focuses on how a newer platform can help financial institutions and Fintechs compete in today’s market and long into the future.