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Whitepaper: Should Payments Pay?
Source: Bank of America Merrill Lynch
All banks offer payment services but many do so at a loss. For some, this is unsustainable and they need to find innovative ways to cut costs and add value to their basic payment propositions. All banks need to do more, more quickly. Here we consider payments in context and assess services that can add real value. We conclude that new operating models can boost innovation and overall efficiency.