Banks Are Losing Merchant Acquiring – Can They Turn It Around?

Banks Are Losing Merchant Acquiring – Can They Turn It Around?

Banks have been the backbone of merchant acquiring.  Their regulatory strength, trusted brands, and long-standing merchant relationships established them as the primary enablers of digital payments.  Over the past decade, however, the landscape has evolved rapidly. New-age acquirers—fintechs, orchestration platforms, and digital-first processors—have introduced new levels of speed, flexibility, and intelligence across onboarding, APIs, alternati…