Immediate payments is a key revenue driver for 66% of banks in markets with IP schemes, according to new benchmark data from processor ACI Worldwide and UK consultancy and Banking Technology’s sister company Ovum.
Paybefore, Banking Technology’s sister publication, writes that the benchmark report, “2017 Global Payments Insight Survey: Retail Banking,” also found that although 65% of banks believe open APIs will benefit customer satisfaction, nearly half of respondents (45%) are taking a “wait-and-see” approach to an open API strategy.
