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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Mobile Payments
Mobile Payments
Recognizing the threat from fintech startups as well as mobile powerhouses like Alipay, a group of seven European payments leaders has started building a new network focused on improving cross-border mobile payments in the EU. Headquartered in Zurich, the European Mobile Payment System Association’s (EMPSA) ...
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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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Consumers are curious about mobile apps, but research shows they’re not doing much buying via company apps in the US to date. A PYMNTS/LISNR report surveyed 1,045 American consumers to learn how they use merchant apps to enhance in-store shopping and their interest in downloading ...
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If there’s one thing that defines the $1.8 trillion US logistics and transportation industry, it’s speed. How fast can we get the product to the customer? What’s the cost of facilities, fleet and the last mile for the fastest possible delivery? What’s the impact of ...
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US consumers are paying with debit more often, and in more ways, including online shopping, online bill payments, and person-to-person (P2P) payments and momentum is building according to the Discover Financial Services’ PULSE® debit network’s 2019 Debit Issuer Study, carried out in May 2019. E-commerce ...
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A new research report from PPRO and Amadeus shows alternate payment transactions in the global travel industry have taken off and surpassed more than half of e-commerce travel transactions for the first time. Alberta, Canada Travelers now choose to pay for digital travel with alternative ...
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TSB is the latest bank to enable bank account openings with a selfie, hoping to gain new bank customers, especially from the ranks of Generation Z, as well as Gen X, Millennials, “Cuspers”, and even a few smartphone-using Boomers. The bank partnered with Palo Alto, ...
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Consumers will open their digital wallets 40% more and spend nearly $790 billion this year across Europe and North America, according to a new report from Juniper Research. The study predicts the largest growth in 2019 will come from instore payments, with mobile contactless payments ...
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Our weekly global payments news roundup has an international flavor this week, starting with a look at Walmart’s unexpected bonus of payments provider PhonePe in its acquisition of Flipkart. Digital payments are taking off in India and PhonePe is poised for growth. In Japan cash ...
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