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TECH BUYER Oct 2017 - IDC FutureScape - Doc # US41798817

IDC FutureScape: Worldwide Payments 2018 Predictions

By: James WesterResearch Director, Worldwide Blockchain Strategies, Marc DeCastroResearch Director, Consumer Banking, Robert EastmanResearch Manager, Lawrence Freeborn, Michael Sek Pheng YeoSenior Research Manager, Michael Versace, Thomas ZinkResearch Director

Abstract

This IDC Financial Insights study presents the top 10 predictions for the worldwide payment market. Each prediction is shaped by a common set of key drivers that provides a planning tool for technology leaders and their line-of-business counterparts to use in their IT strategic planning efforts. The challenges of the industry today continue to be shaped by trying to match fintech innovations while resources are scarce and regulatory burdens persist.

According to James Wester, research director, IDC Financial Insights, "Payments have always been challenging when it comes to technology strategy. It is a complex market with thin margins and incredible scale. The predictions offered in this IDC FutureScape for worldwide payments come from a combination of recent research coupled with decades of experience from the authors. The predictions are aimed at helping technology buyers understand the challenges facing the payment market as well as how to adjust their strategies to face those challenges."


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