Earnings Show Banks Chasing Mid-Market With Payments Platforms

Payments and treasury technologies have traditionally been positioned by the banks powering them as purely infrastructure. The same way baseball players need a field to play ball, the thinking went, financial services needed the indispensable machinery powering payments that helps clients move money, manage liquidity and connect corporate systems. But those same banks, as highlighted by this quarter’s most recent earnings reports, are now realizing the possibilities available to monetize the int