Business
SMARTCARD MARKETING SYSTEMS INC. (OTCQB:SMKG) Banks Are Set To Spend $57bn on Legacy Payments Technology in 2028 – PAYTECH INDUSTRY TO PERFORM
SMARTCARD MARKETING SYSTEMS INC. (OTCQB:SMKG) Banks Are Set To Spend $57bn on Legacy Payments Technology in 2028 – PAYTECH INDUSTRY TO PERFORM.
About this update from Smart Card Marketing Systems, Inc.
[{"type":"text","content":"* SMKG’s PORTFOLIO OF PAYTECH PLATFORMS INCLUDES AXEPAY (BAAS + CROSSBORDER), GRANULARCHAIN (DIGITAL ID + CUSTODIAN), GENOROCITY (MARKETPLACE +MPOS + WALLET), PREMISE (TMS HOST SWITCH), ABOTSLIFE (CHATBOT AI) AND ORIGINATORX (DIGITAL ASSETS TOKENIZATION). Industry News “A study by IDC Financial Insights suggests global banks are set to spend $57bn on legacy payments technology in 2028, despite a rise in fintech innovation”Source link: https://fintechmagazine.com/articles/banks-75bn-legacy-spend-why-is- paytech-adoption-so-slowSmartCard Marketing Systems Inc. (OTCQB:SMKG) Is focused on Paytech and Fintech with its Platforms as a Service white-label licensing strategy. The company’s portfolio of Payments Technology for Banks, Credit Unions and Telecoms that are licensed or sponsored Acquirers and Issuers creates quite the opportunity. The company is also focused on Deposit taking Financial Insitutions as the Digital Banking segment is growing and BAAS \"Banking as a Service\" is becoming essential to survival and growth in the industry globally.Dharmesh Vora, President of Enterprise at SMKG stated, “Our business offering pipeline is growing with key channel partners in the consultancy sector now representing the company’s portfolio of platforms. The timing is perfect for us to showcase and provide best of breadth platforms to allow for Digital Inclusion and allow FI’s to introduce new platforms and services while they maintain their legacy systems and operations.”About SmartCard Marketing Systems Inc (OTCQB: SMKG):SmartCard Marketing Systems Inc (OTC: SMKG) is an industry leader in specialized industry Multi-Tenant E-Commerce, Cloud and Mobility applications delivering White-Label solutions to the global PayTech and FinTech markets. SMKG is a boutique technology company, providing Business Intelligence, Commerce Strategies and Digital Transformation with a proprietary portfolio of applications and wireframes for Banking, Enterprises and Retail e-Wallets offering Cross-border Payments, Blockchain Protocols, Crypto Issuing, Chatbot AI, NFT Minting, Tokenization, Digital ID-eKYC, Digital Automation Strategies with option for “License to Own” marketplace applications.For more info visit https://www.smartcardmarketingsystems.com or visit our business applications marketplace at https://www.emphasisp...