Banks fill up on bite-sized margins

摘要

Banks are tackling the payments market in a new way, driven by smaller margins and increasing volume. Dan Barnes looks at the techniques that they are using to achieve their goals Increasingly higher volumes and dropping margins in the payments arena — driven hard by the demands of well managed and monitored corporate clients - are causing banks to address their future potential in the market. For some, the mathematics will not work out favourably. Potential solutions that are available to banks that wish to stay in the cash business include investment in technologies - to cut costs or offer higher returns through improved service - and partnering with industry competitors to combine their strengths and skills, A recent change in attitude towards such unions looks likely to increase their popularity in the future.