For several decades, incumbent banks have held a comfortable leadership position in payments. But the rapid growth of digital payments has signalled opportunity for new market entrants to attack this... read more
As part of our 2021 preview, we examine the issues facing retail and commercial banks as their customers join the digital economy. When it comes to digital adoption, some banks... more
The post 2021: make or break for banks – is there time left for them to change? appeared first on Payments Cards & Mobile.
Difficult economic trading conditions and the challenger banks’ evolution of last year has sliced a share of the leading traditional banks’ brand value. The pandemic ushered in a new era... more
The post Top ten global banks lost $23 billion in brand value in 2020 appeared first on Payments Cards & Mobile.
Tribe Payments launched today and has already achieved a key milestone with UnionPay International. Tribe is among the first issuer processors in Europe to be certified to allow banks to... more
The post Money 2020: Tribe Payments launches with new UnionPay International service appeared first on Payments Cards & Mobile.
The adoption of the revised payment services directive (PSD2) in Europe is changing the relationship between banks and FinTechs, specifically around open access to customer account data and the payments infrastructure, dubbed Open Banking. In turn, this is expected to stimulate the development of new integrated service models for consumer and business customers. So far, [...]
The post Open Banking presents challenges for banks and FinTechs appeared first on Payments Cards & Mobile.