Cloud Technology to Modernise and Secure Business Payments
No one escapes digitisation. With new regulations being introduced constantly and Faster Payments becoming the norm for consumers and businesses alike, the drive towards the modernisation of payments using cloud technology is a reality for many organisations.
According to Bottomline Technologies’ 2018 UK Business Payments Barometer, 56% of businesses have adopted real-time or faster payments for regular business payments, an increase of 12% from last year. Add in transformational shifts like Open Banking, PSD2 and new API-driven solutions, and it’s clear that there’s a tremendous appetite for organisations to ready themselves for the digital economy.