More NewsReport Claims Payment System Infrastructures Driving Payment Evolution

Report Claims Payment System Infrastructures Driving Payment Evolution

A report from TowerGroup says that Payment Systems Infrastructures (PSIs), the market infrastructures for payments clearing, are helping to shape the future of the international payments markets. TowerGroup’s report entitled “Challenge and Innovation: Payment System Infrastructures Drive Payment System Evolution,” says that PSIs are at the centre of the change that is happening within the US and European payments markets. The report claims that the way PSIs react and the choices they make to confront the challenges raised by regulators and central banks, as well as their ability to address industry issues such as interoperability will drive the evolution and the convergence of the payment systems.

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