In recent years, the payments sector has undergone significant innovation advances. Payments have become faster, easier, and more convenient both locally and globally. Disruptive technologies, together with regulatory changes present both challenges and opportunities for new and existing service providers. As the needs of businesses and consumers evolve so has the service providers’ openness to modernization, agility, and collaboration without impacting the stability that the infrastructure is built on.
As a consortium, BCCS collectively has a breadth of expertise that serves organizations across the entire payments landscape – fintechs, issuing and acquiring banks, payment platforms (mobile wallets and real-time payments), card networks, acquiring processors, merchants. With an interdisciplinary approach, BCCS seamlessly provides end-to-end capabilities and diverse perspectives to companies in one place.