Aite Matrix: Payment Hub Vendors

Options for Banks to Modernize Payment Infrastructure

As the complexity of the payments landscape increases and business end users demand more advanced technology, infrastructure considerations become the foundation of all future initiatives and enhancements.

Selecting a technology partner or partners to assist on a payments modernization journey is an important decision for financial institutions. Even the largest global financial institutions leverage technology providers. Understanding the vendor options in the market is a key step in this process.

This Impact Report explores some key trends within the payments hub and infrastructure market. It discusses how technology is evolving to address new market needs and challenges. This report also compares and contrasts the leading vendors’ offerings and strategies, and highlights their primary strengths and challenges. Finally, the report recognizes specific vendors for their strengths in critical areas to help FIs make more informed decisions as they select new technology partners.