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Sizing and profiling the in-app mobile payments market
The mobile payments market ca be logically split into three major segments. Physical, mobile web browser or in-app mobile payments: Using a mobile phone as the physical form factor at the point of sale (e.g. paying with Apple Pay in-store) Completing a payment within a mobile web browser (e.g. shopping on amazon.com with a tablet) [...]
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US payments study highlights strong trends in card use
From 2012 to 2015, credit and debit (including prepaid and non-prepaid) card payments continued to gain ground in the US payments landscape, accounting for more than two-thirds of all core non-cash payments in the United States, according to a Federal Reserve study of US non-cash payments. Automated clearinghouse (ACH) payments grew modestly over the same [...]
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Non-cash payments across US and UK to soar by 2026
The value of non-cash payments in the US and UK will reach $46 trillion and £1.44 trillion respectively by 2026, new research from global law firm Paul Hastings shows. In the US, this is a 36% increase on 2016’s figure of $33 trillion, with there being 221 million contactless mobile payment users within a decade. [...]
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ACI official provider for SEPA Instant Credit Transfer scheme
ACI Worldwide has been named by EBA Clearing as one of the ‘frontrunner service providers’ for the pan-European EBA SEPA Instant Credit Transfer Scheme, due to go live in November 2017. The scheme will enable consumers and businesses to make euro credit transfers in real-time between accounts across an international area that will eventually span over [...]
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Data security: Card data security ten years on
Ten years after the founding of the Payment Card Industry Security Standards Council (PCI SSC), we present a mid-term report on the industry’s data security efforts. As both cyber attacks and regulatory interest in data privacy and protection increase, we also examine the outlook for data security and PCI DSS. Asked why he robbed banks, prolific [...]
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