The PayTech Awards recognize excellence and innovation in the use of IT in the finance and payment industry worldwide. The judges include independent payment experts from banks, payment schemes, consulting companies and media.
According to Accenture, 94% of financial institutions have or are planning to conduct formal analysis of their legacy applications to migrate to the cloud. The number of banks who spend more than 10% of their budget on cloud services is projected to increase by 17% over the next three years. Companies rely on cloud technologies to optimize their operating and maintenance costs, ensure quick onboarding of new clients, and drive payment innovations of every scale and geography. WAY4 is a proven cloud-agnostic platform, meaning that it can be deployed on leading cloud platforms Oracle Cloud, AWS, and Microsoft Azure, as well as others. It is highly scalable for a broad range of processing volumes – from those of small startups to huge portfolios containing millions of cards and wallets, with hundreds of thousands of merchants.