FinTech continues to drive digital transformation in the global payments industry. Financial institutions are now rethinking their digital strategies to succeed in a dynamic market where digital delivery is not an option but a necessity. Incumbents are evolving into open, API-driven, cloud-based service providers. FinTech partnerships have birthed new services and seamless user journeys, and payment service providers have replaced traditional payment modules with one-click payments using Payments-as-a-Service (PaaS).
