Digital Transformation in Financial Payments

  • Going digital means
    real value for financial
    institutions & POS:
  • $4.7T

    Potential losses due to
    operational inefficiencies
    for banks globally thru 2024

  • 25%

    Less branch use per
    customer by going digital

  • 15%

    Of customers will be
    unlikely to use a branch
    after COVID

Digital transformation helps to stay on top of technological turmoil
  • HOT TRENDS

    of digitalization
    in the Finance & POS Systems 2021+

  • User-first, omnichannel
    approach necessary to reach
    customers where and when they
    are

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  • Advanced computing such as
    quantum computing will help
    analyze large unstructured data
    sets

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  • Digital collaboration will drive
    new ways to work internally and
    externally

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  • AI & Automation
    will become vital for banks to
    remain relevant

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  • Digital & analytics will continue
    to transform bank, improve
    decision making and customer
    experience

    finance_payments_and_pos_5

Digital Solutions for Finance & POS Systems

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    • item icon
      BI/DATA ANALYTICS
      • Customer Analytics
      • Quantum computing
        for unstructured data
        sets
      • Reports & Dashboards
      • Data Warehouse
      • BI Portal
    • item icon
      COLLABORATION
      • Document Management
      • Self Serve Portal
      • e-Learning & training
      • Remote
        communications
    • item icon
      WEB AND MOBILE SOLUTIONS
      • Customer portal
      • Digital wallets
      • Facial and biometric recognition
    • item icon
      AI & AUTOMATION
      • Intelligent automation
      • Document scanning
      • Computer vision
      • Manual tasks reduction
    • item icon
      CORE BUSINESS
      • Branch automation
        Self-serve solutions
      • Legacy system
        modernization
      • Cloud and edge
        migration
      • Micro data centers
        management
      • Financial data
        collection & analysis
    • item icon
      GREENFIELD
      • New forms of payments
      • Digital POS

Benefits of Digital Transformation for Finance & POS Systems

The Benefits
item icon For the Enterprise  
  • Automation of manual tasks yielding productivity gains
  • Reduction in costs with better efficiency
  • New revenue models
item icon For the Customer  
  • Immediate service with self-serve solutions
  • Better experience, faster service
  • Convenient payment options
  • Key digital transformation steps
  • 01.

    Assess the current state of digital across your organization

  • 02.

    Define your digital transformation objectives

  • 03.

    Outline digital transformation roadmap

  • 04.

    Choose your technologies

  • 05.

    Establish
    software
    partnership

  • 06.

    Empower
    and educate
    your staff

Embark on your Digital Experience journey and explore the benefits of our customized solutions, contact us.

Evolution of Digital in Finance & POS Systems

  • camera icon
    1995
    • Coca Cola receives credit for first mobile payment transaction in 1997
    • Cashback introduced
    • Ebay & Amazon founded
  • 2000
    • Ecommerce business models emerge
    • Direct trading designed with CME Group’s Globex
    • Paypal launches in 1998
  • 2005
    • Chip and PIN systems introduced and made mandatory in 2006
    • Card spending exceeds cash
    • Shopify founded
  • 2010
    • Contactless payments launch, tied in with proliferation of mobile phones
    • Crowdfunding for startups
    • Google launches Google Wallet
  • 2015
    • Mobile banking becomes no. 1 choice of users vs visiting branches
    • Cloud technology brings banks closer to consumers
  • 2020
    • Global fintech investment hits $59.5B
    • Blockchain use cases grow, as does Bitcoin
  • 2025
    • Digital and contactless payments
    • Digital-first and cloud native tech will capture consumers
    • Headless and easy-to-setup billing for SMBs

Intetics has proudly supported fintech leaders on their transformation journeys:

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  • logo_dice
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