The ultimate guide to BNPL
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.
Model behaviour - Is your payments processor the right fit?
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.
Are you banking on a house of cards?
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?
Don’t be locked-down, locked-in or locked-out: Three red flags to look out for when selecting a modern payments platform
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.
The state of banking & payments 2021: How consumer habits have changed
During the first half of 2021, Compass Plus Technologies conducted a two-part survey to delve into how UK consumer habits have changed in payments and banking. Participants were asked questions relating to the way they make payments, the security of various payment methods, emerging trends, their current banking habits, and the way their behaviours are likely to change in the future.
TranzAxis and the payments industry
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.
How digital platforms and super apps can power up traditional banks
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.
Cut through the noise: 5 key considerations when selecting your payments platform
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.
Future ready payments platforms - with Consult Hyperion
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.