Blog - Payreto

Wrapping Up 2024: Highlighting the Trends and Challenges in the Financial Services Industry

2025/01/28

Closing the chapter on 2024, the financial services industry stands at quite an exciting time—having gone through a year filled with innovation, changing regulations, and impactful global events. The industry is best described as a landscape in flux, driven by a digital-first mindset with more institutions embracing technological solutions to stay competitive, address customer expectations, […]

What is Operations Excellence?

2024/05/13

Operations Excellence is at the heart of every thriving business. Its three pillars of streamlining processes, maintaining quality, and optimizing costs directly impacts your ability to meet customer expectations, control spending, and adapt to changing market conditions. Understanding Operational Excellence At its core, operations excellence focuses on achieving two goals that are crucial to any […]

Payreto

How is payment processing transforming in a digital era?

2023/02/01

The global health crisis of COVID-19 bought about an economic downturn along with a change in consumer behaviour towards payments. A major shift took place with the decline of cash usage following hygiene concerns, with cash payments having declined by 16% globally in 2020, according to the 2021 McKinsey global payments report. Consumer payments migrated […]