In these difficult times, firms must find ways of overcoming these risks while grappling with the continuous obligation to stay compliant, despite compliance teams being pushed to their limits as they work to achieve their goals for growth.
However, against this backdrop, firms are harnessing new and alternative payments technologies, both internally and through M&A, to increase revenue, resolve compliance and security problems and protect their core customer base against competitors.
Payments firms should, therefore, understand the tools available to them, helping the decision-makers in payments to help understand, benchmark and ultimately support that learning and improvement process.
VIXIO PaymentsCompliance surveyed 202 senior and executive compliance and regulatory professionals at global payments companies in the UK, US, Germany and Brazil, across multiple payments sectors, to understand their priorities, sentiments and strategies to survive and thrive in this new environment.
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