CR2, the global digital banking and payments platform, has again further improved its position as a Technology Leader in Quadrant report on Digital Banking Platforms 2023.
The report summarizes different vendors capabilities, competitive differentiation and market position.
Commenting on the recognition, Kieran Kilcullen, Chief Commercial Officer, CR2, said,
“We are delighted to receive this recognition from Quadrant for our Digital Banking Platform. This is our third year as a Technology Leader in the report. At CR2, we continue to invest and bring further innovation to banks across all markets, for example, new digital wallet propositions with continued development of customer onboarding solutions are just some of the areas of improvement. Demand for Digital Banking and Payment solutions continues to grow for both retail and business banking.”
Global spend on digital banking is expected to grow at a CAGR of 6% to reach $18bn by 2026. Digitisation priorities for Banks are to enhance platform functionality to aid self-service and to enable strong omnichannel engagement capabilities.
CR2 is a leader in digital banking and payments. The business powers over 100 banks in 60 countries across the world. BankWorld their core digital banking and payments platform, offers the broadest capabilities in market and uniquely integrates Digital Banking, Card Issuing with ATM, and Switching. In addition, CR2’s Partner Ecosystem combines the confidence of BankWorld with access to easy plug-in, third-party Fintech innovations.
In simple terms, CR2 helps financial service providers to build around consumers with technology that supports both customer experience and an ability to deliver consistently.