Today's interconnected business landscape and increasing emphasis on digital experiences have amplified the need for payments modernization and transformation for most organizations. In addition, with rampant and sophisticated frauds and scams, organizations are looking at modernizing fraud prevention to prevent bad actors from exploiting their payment systems. Persistent has leveraged its 20+ years of deep domain expertise in the payments landscape, investments into developing personalized solutions, and innovative frameworks and accelerators to support its clients in these endeavors.

In its first edition of the Payments IT Services PEAK Matrix® Assessment, Everest Group evaluated 30 leading payments IT service providers based on their capabilities and market impact. The report provides an objective, data-driven assessment of service providers based on their overall vision and capability, as well as market impact across different global services markets.

Persistent has been recognized for:

- Industry-leading revenue growth enabled by business contextualized IP with offerings such as smart contract engine, intelligent interface for fraud prevention, and API integrations for tokenization and encryption.

- Rich offerings portfolio with superior product delivery, powered by a suite of partnerships with leading technology providers, hyperscalers, and FinTechs.

- Client-recognized domain expertise across platforms services, application development, and servicing of product companies.

- Enhanced capabilities across the payments ecosystem with specific domain-centric investments.