By: Ralf Ohlhausen, Executive Advisor at PPRO The closer to the September 14 implementation deadline for the Regulatory Technical Standard (RTS) on SCA & CSC detailing much of the PSD2 legislation, the less room there is for lack of clarity about its stipulations. The RTS ...
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Banking
Banking
Welcome to our first global payments news roundup for September. Lots of important news as we move into the busy fall business cycle. Accenture research shows UK challenger banks will triple in size in the next 12 months – substantial growth and the new competitive ...
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Accenture predicts UK digital-only challenger banks will triple in size from 12 million users to more than 35 million users in the next 12 months. A new Accenture report says five million new customers opened digital-only bank accounts in the first six months of 2019, ...
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We say hello to his week’s global payments news roundup and goodbye to the last weekend of the summer holidays. We start with $260 billion – that’s the amount of business lost by retailers due to shopping cart abandonment online. A social experiment from Lightico ...
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The poor traditional banks. Under siege from digital bank startups and well-financed fintechs. Profitable now, but potentially less so in the future. Unless they can figure out a way to attract new, younger, digital-savvy customers. A new social experiment by digital customer interactions company Lightico ...
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Click and collect, also called buy online pickup in-store (BOPIS), is often touted as the next big thing in the last-mile delivery of online purchases to consumers. In fact, nine out of 10 UK retailers say click and collect is the fastest-growing delivery option according ...
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Is it still the summer holidays? You wouldn’t think so by the volume of news, and we’ve got global payments news highlights you can use. First, Comscore looks at how fast e-commerce is moving to mobile. US consumers are slow to embrace mobile and contactless ...
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In China and Europe, contactless cards and mobile payments are commonplace, even with small payments. But in the US, cash and debit for small purchases are still king, although there is change on the horizon according to a survey from CreditCards.com. For US consumers, contactless ...
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Hola! Our payments news roundup covers the latest from around the world starting with a look at MSTS’s “Credit as a Service™.” Then there’s the growing problem of password hygiene, according to new research from PC Matic. The future of retail is convenient and connected ...
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If you’re a typical SMB, one of your biggest challenges is managing B2B accounts receivables (AR) and slow-paying clients, particularly when you offer net 30- to net 60-day terms of payment. Help in managing AR has been around for a long time with the spectrum ...
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