Banks still control commercial payments in CEE. But for how long? More than $25B moved from traditional banks to fintechs in retail payments, in just a year – 61% increase on the previous year!

Banks still control commercial payments in CEE. But for how long? More than $25B moved from traditional banks to fintechs in retail payments, in just a year – 61% increase on the previous year!

Banks still have real advantages: relationships, regulatory strength, credibility. But SMEs and corporates are asking for the same basics: real-time settlement, clear pricing, seamless integration, flexibility. In fact, 22% of CEE SMBs are already using both banks and fintechs as providers. Expectations are moving faster than infrastructure. The cross-border payment landscape within Central Eastern Europe […]

The post Banks still control commercial payments in CEE. But for how long? More than $25B moved from traditional banks to fintechs in retail payments, in just a year – 61% increase on the previous year! appeared first on NOCASH ® de 25 ani.