Why Integrated Software Vendor maturity is becoming a payments imperative

Integrated software vendors (ISVs) are moving from simple payment enablement to becoming true growth partners for FIs.

McKinsey’s latest research outlines how mature ISVs differentiate themselves through deeper integration, clearer value propositions, and a sharper focus on merchant outcomes. The most advanced players do not treat payments as an add on. They embed them into workflows, data, and decision making.

For banks and payment providers, the takeaway is clear. ISV maturity is no longer a nice to have. It is becoming a key driver of distribution, retention, and long term payments growth.

Source: https://www.mckinsey.com/industries/financial-services/our-insights/decoding-isv-maturity-a-global-playbook-for-payments-growth