GPS's Betsy Samuel on the Vastness of the Payments Space and What It Means to Be a Good Partner

Why It Matters

GPS’s flexible, partner‑centric approach gives fintechs a scalable processing backbone as open banking unlocks new revenue streams, making it a critical enabler of future payment innovation.

Key Takeaways

• Open banking reshapes payments and broader banking ecosystem
• GPS supports fintech challengers with flexible, bespoke processing solutions
• Industry evolution evident at trade shows: crypto, card‑less, omnichannel
• GPS positions itself as a true partner, not a one‑size‑fit‑all vendor
• Continuous innovation drives payments space’s limitless growth potential

Summary

In a recent interview, Betsy Samuel, chief marketing officer of Global Processing Services (GPS), outlines the company’s view of the payments landscape and its strategic focus on open banking.

Samuel emphasizes that open banking is the most transformative milestone she’s witnessed in three decades, reshaping not only transaction flows but also the broader banking ecosystem. GPS, born as an issuer‑processor for fintech challengers, leverages that shift to offer flexible, bespoke solutions rather than a one‑size‑fits‑all platform.

She points to the rapid evolution visible on trade‑show floors—crypto, card‑less, omnichannel offerings—as proof that the payments space defies static definition. “You can’t define it,” Samuel says, underscoring GPS’s commitment to being a true partner that adapts to each client’s use case.

For fintechs and emerging banks, GPS’s partner‑first model signals a reliable path to scale amid regulatory change and consumer demand for seamless, innovative payment experiences. The company’s focus on customization positions it to capture growth as open banking and digital payments continue to expand globally.

Original Description

At Money20/20 Vegas, we caught up with Betsy Samuel, the Chief Marketing Officer at the payments-processing company, Global Processing Services (GPS), to talk about open banking and how it has changed the trajectory of the financial services and banking ecosystem.

For Samuel, the payment space is truly indefinable - being a fierce partner to some of the biggest movers and shakers in the industry (Revolut, Curve, Starling Bank, and Zilch), conferences like Sibos are invaluable to GPS as it puts directly in conversation with fintech innovators.

#payments #fintech #banking