Overview
Patents are an overlooked resource. Analyzing payment patents identifies industry trends and reveals company-specific technology investment and perhaps future market focus.
Staying informed of competitive technology investments enables more effective development strategies and can guide your marketing efforts. R&D may file patents, but this does not provide information regarding the activities of competitors or businesses in adjacent markets.
Book a Meeting with the Author
Related content
Debit Payment Data: A Business Strategy, Not Just an Initiative
Data is the most important tool for financial institutions to make strategic decisions and forecast the future. By organizing payment and customer data across systems, banks can cr...
Invisible Debit: When the Card Disappears, Usage Remains
The debit experience is expected to feel as seamless and digital as the apps customers use every day. As card‑not‑present spending surges and debit quietly powers P2P and wallet tr...
Small Business, Big Debit Opportunity: The FI Counter to P2P Fintechs
Small businesses are leveraging peer-to-peer apps for business purposes, and PayPal and Cash App are excelling in this space. Banks must not grow complacent. They should be competi...
Make informed decisions in a digital financial world