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Is Apple preparing to launch its own payment processing unit?
Oh boy! Apple has been reported to be developing its own payment processing technology and infrastructure such as lending risk assessment, fraud analysis, credit checks, and dispute handling. Part of... read more
The post Is Apple preparing to launch its own payment processing unit? appeared first on Payments Cards & Mobile.
79% denied a loan – outdated affordability criteria a key factor
New data from a survey of European consumers on their attitudes and experiences of lending finds many consumers still feel frozen out of the lending bubble, held back by outdated... read more
The post 79% denied a loan – outdated affordability criteria a key factor appeared first on Payments Cards & Mobile.
Financial App usage explodes – Crypto and BNPL surge
The 2021 State of Finance study from App Annie reveals just how fast the world of personal finance is going digital. Within this revolution, buy-now-pay-later and cryptocurrency services are growing... read more
The post Financial App usage explodes – Crypto and BNPL surge appeared first on Payments Cards & Mobile.
European Banks can benefit by adding BNPL to enhance customer experience and boost profitability
Recent years have seen stratospheric growth in BNPL around the world and across Europe, with Grandview Research predicting the global market will reach €17.9 billion by 2028, representing year-on year... read more
The post European Banks can benefit by adding BNPL to enhance customer experience and boost profitability appeared first on Payments Cards & Mobile.
80% of US consumers now use digital payments
More than 80% of Americans used some form of digital payments in 2021, continuing a long-standing trend. The findings of McKinsey’s 2021 Digital Payments Consumer Survey – an ongoing research... read more
The post 80% of US consumers now use digital payments appeared first on Payments Cards & Mobile.
