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Gt(e,o.submitSearchBtn,m(m({},Kt),{label:null!==(t=n.i18n.root.SEARCH_TOOLTIP_WEB)&&void 0!==t?t:"Search the web",containerClass:"".concat(jt.tooltip," ").concat(jt.tooltip__web),tooltipParentElm:o.clearSearchBtn.parentElement}))}));var Jt="_yb_tdk4ba",Vt="_yb_hkd17a",$t="_yb_rtzclf",Xt="_yb_tdbhj6",Zt="_yb_de52ef",Qt="_yb_9hwrey",en="_yb_slc8ta",tn="_yb_bf0svp",nn="_yb_hjic9z";be("ybar-mod-adaptivenav",(function(e){var t=document.querySelector("#ybar-l1-more-menu ul"),n={moreDropDown:document.querySelector(".".concat(Jt)),moreBtn:document.querySelector(".".concat(Vt)),wrap:document.querySelector(".".concat(Xt)),moreSectionTitle:document.querySelectorAll(".".concat(Zt)),editionsCtaBtn:document.querySelector(".".concat(Qt)),editionsMenu:document.querySelector(".".concat(en)),closeBtn:document.querySelector(".".concat(tn)),moreMenuDropDownHeight:t?"".concat(t.offsetHeight+48,"px"):"0"};new 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The Celent survey of European Banks featured only executives with senior leadership responsibility for payments technology investment, with either their own technology budgets or direct influence on technology budget prioritisation.Celent sought to explore two major areas:Executive attitudes to market developments, e.g., how they view certain regulatory and competitive developments, what they expect to have the biggest impact on their business, who is likely to benefit the most, and their views on the payments market growth.Payments in their organisations today and investment priorities, e.g., how banks view and manage payments today, what is driving technology-related projects in payments this year and in the next few years, areas in which they expect to make the biggest investments, and where they are in the modernisation cycle for some of their key payment systems.The European payments market is undergoing tremendous amount of change. Celent has been exploring the regulatory and competitive forces driving that change and how those might shape the European payments market over the next 5-10 years in several recent reports, such as:A Future of European Payments: Getting Ready for a Seismic Shift in CommerceRethinking Your Digital Wallet Strategy: From Payments to Identity and Agentic CommerceDing Ding, Round Three: PSD3 and the PSR1 Take ShapeWhile those reports were informed by Celent’s research and regular dialogue with the market participants, it was also keen to capture the voice of bank executives more formally and directly.The European banks expect regulatory changes to have the biggest impact on the payments market over the next five years. Of those, banks identified the third Payment Services Directive (PSD3), Instant Payment Regulation (IPR), and digital euro as the top three regulatory changes shaping the market.While 44% of banks view the upcoming regulation as an opportunity, there are significant differences in attitude based on size, type, or geography.50% of banks say that their payments business margins are becoming harder to maintain, although only 22% have a good handle of their P&L.Open banking payments and account-to-account digital wallets top the banks’ investment agenda for the next two years, with much of that investment already underway.48% of banks intend to upgrade their credit card issuing platforms in the next 1-2 years.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,305.60 +8.81 (+0.14%)Dow 3044,323.07 -19.12 (-0.04%)Nasdaq20,974.17 +78.52 (+0.38%)Russell 20002,231.13 -8.87 (-0.40%)VIX16.65 +0.24 (+1.46%)Gold3,410.30 +52.00 (+1.55%)PortfolioSign in to access your portfolioSign inTop gainersSTEM Stem, Inc. 16.64 +3.14 (+23.26%)ALAB Astera Labs, Inc. 121.89 +19.76 (+19.35%)CLF Cleveland-Cliffs Inc. 10.66 +1.18 (+12.45%)S SentinelOne, Inc. 19.78 +1.77 (+9.83%)RXRX Recursion Pharmaceuticals, Inc. 6.40 +0.56 (+9.59%)Top losersQS QuantumScape Corporation 12.52 -2.12 (-14.48%)BRKR Bruker Corporation 35.64 -4.92 (-12.12%)ACHR Archer Aviation Inc. 11.85 -1.44 (-10.84%)NEGG Newegg Commerce, Inc. 26.34 -3.21 (-10.86%)AR Antero Resources Corporation 32.51 -3.80 (-10.47%)Most activeOPEN Opendoor Technologies Inc. 3.2100 +0.9600 (+42.67%)LCID Lucid Group, Inc. 2.8200 -0.2200 (-7.24%)QS QuantumScape Corporation 12.52 -2.12 (-14.48%)RIOT Riot Platforms, Inc. 14.02 +0.16 (+1.15%)NVDA NVIDIA Corporation 171.38 -1.03 (-0.60%)Earnings eventsTrending tickersOPEN Opendoor Technologies Inc. 3.2100 +0.9600 (+42.67%)VZ Verizon Communications Inc. 42.49 +1.65 (+4.04%)ACHR Archer Aviation Inc. 11.85 -1.44 (-10.84%)GOOG Alphabet Inc. 191.15 +5.21 (+2.80%)S SentinelOne, Inc. 19.78 +1.77 (+9.83%)Top economic events