About Session
The payments landscape is constantly evolving, and matching the correct payment type to meet the use case is critical. As your organization navigates annual planning, budgeting and both short- and long-term projects, it’s essential to integrate your payment strategy for a holistic and realistic approach. Consider whether any initiatives involve sending or receiving payments, establishing new payment relationships or updating–or entirely overhauling—internal software or payment platforms. From an annual planning standpoint, assess whether changes in your financial institution’s product offerings, compliance requirements or regulatory updates will impact your yearly budget.
Learning Objective
- Ensure annual planning takes a holistic approach by identifying potential costs, lessons learned, and payment activities.
- Share information that will assist with taking a strategic approach to payments as opposed to a “check the box” one.
- Include elements in the payments strategy (like training and bandwidth) to make the payments strategy a cohesive piece of the overall company strategy.
