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CR2 recognized in Quadrant Spark Matrix Report on Digital Banking Platforms 2023

(Last Updated On: 14 June 2023)

By Latoyo Mwanda

Dublin, Ireland, June 14, 2023: CR2, the global digital banking and payments platform has again further improved its position as a Technology Leader in the Quadrant report on Digital Banking Platforms 2023.

The report summarises different vendors’ capabilities, competitive differentiation and market position.

Commenting on the recognition, Kieran Kilcullen, Chief Commercial Officer, CR2, said, “We are delighted to receive this recognition from Quadrant for our Digital Banking Platform. This is our third year as a Technology Leader in the report. 

“At CR2, we continue to invest and bring further innovation to banks across all markets. For example, new digital wallet propositions with the continued development of customer onboarding solutions are just some of the areas of improvement. Demand for Digital Banking and Payment solutions continues to grow for both retail and business banking.”

Global spend on digital banking is expected to grow at a CAGR of 6% to reach $18bn by 2026. Digitisation priorities for Banks are to enhance platform functionality to aid self-service and to enable strong omnichannel engagement capabilities.

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About CR2

CR2 is a leader in digital banking and payments. The business powers over 100 banks in 60 countries across the world. 

 BankWorld, their core digital banking and payments platform, offers the broadest capabilities in the market and uniquely integrates Digital Banking, Card Issuing with ATMs and Switching. 

In addition, CR2’s Partner Ecosystem combines the confidence of BankWorld with access to easy plug-in and third-party Fintech innovations.

In simple terms, CR2 helps financial service providers to build around consumers with technology that supports both customer experience and an ability to deliver consistently.

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