Persistent Recognised as Leader in Payments IT Services by Everest Group
For the second year in a row, Persistent has been named a Leader in the Everest Group Payments IT Services PEAK Matrix® Assessment 2025 for our ability to deliver large-scale, end-to-end modernization programmes across ISO 20022, real-time, cross-border and card payments. We are also recognised as a Major Contender in the Banking & Financial Services (BFS) category.
Why Persistent?
Persistent helps clients move beyond compliance to unlock value from enriched payments data and drive true business transformation.
Key Strengths:
Proven Leadership in Real-Time Payments
Consulting and engineering-led FedNow and RTP engagements in North America, including TPSP-grade platforms and FedNow rails.
Accelerators for ISO 20022 Migration
Native data models, observability frameworks and certification repositories, plus partnerships with Intercope, Fiorano and Nimbusnext BlitzzPay.
AI-Driven Innovation
Demonstrated ROI in applying Generative AI for payments intelligence and Agentic AI for merchant onboarding, supported by dedicated AI labs and talent programmes.
Client-Centric Delivery
Recognised for collaborative, flexible engagement and strong ownership of delivery outcomes.
Market Trends & Opportunities
- Payments Modernization: Enterprises are accelerating the shift to cloud-native, API-led and AI-enabled payment ecosystems.
- AI & Automation: GenAI and Agentic AI are transforming testing, fraud intelligence and compliance monitoring.
- Data Monetization: Richer data standards, such as ISO 20022, are unlocking new value streams.
- Co-Innovation: Partnerships with hyperscalers, payment networks and FinTechs are driving the next wave of digital payments.
What this Means for our Clients
Persistent is a strategic partner for payments transformation, combining deep domain expertise, proven accelerators and a relentless focus on measurable outcomes.
Whether you are modernizing legacy platforms, enabling real-time payments or embedding AI into your payments stack, we bring the scale, innovation and resilience you need to stay ahead.
Persistent Recognised as Leader in Payments IT Services by Everest Group
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Licensed extracts taken from Everest Group’s PEAK Matrix® Reports may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group’s PEAK Matrix® reports do not necessarily provide the full context of our research and analysis. All research and analysis conducted by Everest Group’s analysts and included in Everest Group’s PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their ranking. To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports
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