{"id":17092,"date":"2023-04-26T10:32:05","date_gmt":"2023-04-26T10:32:05","guid":{"rendered":"https:\/\/bulletins.bfconsulting.com\/?p=17092"},"modified":"2023-04-26T10:32:05","modified_gmt":"2023-04-26T10:32:05","slug":"cloud-based-payments-are-the-future","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/cloud-based-payments-are-the-future\/","title":{"rendered":"Cloud-Based Payments Are the Future"},"content":{"rendered":"<p>In an increasingly competitive environment, financial institutions are turning to cloud-based payment solutions and payment-as-a-service (PaaS) models to remain relevant players. Such solutions allow financial institutions greater flexibility, scalability and security as compared to traditional, on-premises solutions. <\/p>\n<p>They also provide financial institutions with better data analytics capabilities and the ability to adapt more quickly to an ever-changing market. From a customer perspective, they enable new value-added services to be launched. As financial institutions, fintechs and cloud service companies continue to develop a new payment ecosystem, financial institutions must be ready to reimagine many roles they have traditionally filled as collaborative partnerships if they are to survive.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-17092 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Predictions for Crypt in 2022'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/predictions-for-crypt-in-2022\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2022\/01\/97aee583-174a-647b-ba2a-68db2f5173961-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-16546\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16546'>\n\t\t\t\tPredictions for Crypt in 2022\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Infographic: COVID-19 boosting banking\u2019s focus on digitalization'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/infographic-covid-19-boosting-banking-s-focus-on-digitalization\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/11\/infogr_en-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-15496\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15496'>\n\t\t\t\tInfographic: COVID-19 boosting banking\u2019s focus on digitalization\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='First-ever open banking service to help people get out of debt'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/first-ever-open-banking-service-to-help-people-get-out-of-debt\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/06\/first-ever-open-banking-service-to-help-people-get-out-of-debt-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-12980\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12980'>\n\t\t\t\tFirst-ever open banking service to help people get out of debt\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>In an increasingly competitive environment, financial institutions are turning to cloud-based payment solutions and payment-as-a-service (PaaS) models to remain relevant players. Such solutions allow financial institutions greater flexibility, scalability and security as compared to traditional, on-premises solutions. They also provide financial institutions with better data analytics capabilities and the ability to adapt more quickly to &hellip;<\/p>\n","protected":false},"author":1,"featured_media":17063,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[],"class_list":["post-17092","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-fintech","category-international-fintech","bulletin_edition-04_april-2-2","bulletin_edition-fintech-2023"],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/17092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=17092"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/17092\/revisions"}],"predecessor-version":[{"id":17093,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/17092\/revisions\/17093"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/17063"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=17092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=17092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=17092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}