Banking and Payments
The future of payments is here – are you ready?
Identifying efficiencies, simplification and cost reduction across your Payments ecosystem is the priority in the face of growing complexity and relentless change.
Practical solutions that deploy smart AI, strategically focused digital assets and a consolidated data and operations model are how you win.
Banks today have three pressing questions:
- How do we identify and deliver AI wins?
- How do we determine and activate a stablecoin strategy?
- How do we modernize and future-proof payments ecosystems?
The AI innovation opportunity has shifted decisively from experiments and pilots to embedding generative and agentic AI across the enterprise at scale.
Stablecoin adoption is accelerating globally, introducing new competitive pressures and placing a renewed focus on infrastructure modernization and heightened customer expectations.
Years of ‘fit-for-purpose’ and duplicative implementations have left banks with siloed payment solutions that lack synergies, over complicating technical and operational payment workflows that jeopardize AI benefits and scalability.
Core Focus Areas
AI INFUSION
The AI revolution in payments is here. Efficiency, straight through processing, real-time processing, process consolidation, cost reduction, and resource alignment are all improved by smart and secure AI tools.
$345bn – GenAI value potential in banking industry
STABLECOIN
Stablecoin has become a true payment rail and the implications for banks are immense. Real deposit impacts. Real speed impacts. Real expense impact. Banks that choose not to participate risk losing market share.
$16 trillion – global tokenizable assets expected in scope for transformation before 2030
MODERNIZATION
AI cannot simply be bolted onto fragmented and duplicative payment environments. The time to future-proof payments is now.
60-80% – proportion of IT budgets allocated to maintaining legacy systems, leaving limited capacity for innovation
Our US Payments practice
Our US Payments experts specialize in end-to-end consumer & commercial payment strategies, AI infusion and delivery across the payments value chain, and modernization and consolidation programs.
- Multi-domain support across banking & payments. capital markets, insurance and wealth
- Deep expertise across digital, engineering, data, financial crime, strategy, risk and regulatory change.
- Building foundational offerings across core rails and capabilities
- Driving complex transformations from product launches and migrations through to technology modernization and operating model implementation
- Providing delivery-ready accelerator playbooks spanning strategy to deployment
- Leveraging our parent company Wipro’s 90+ technology partners to integrate and implement cost-effective large-scale complex solutions.
