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The Impact of Innovation Study
The Mastercard Impact of Innovation study explores the attitudes to technology among 23,000 consumers in 23 different countries across Europe, Middle East and Africa. Although the UK is one of the most digitally mature markets in the world, the study shows that the British are ready for the next wave of innovation and want to [...]
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Mobile payment acceptance solution using BLE for Nets Merchant Services
A new in-store mobile payment solution is set to be rolled out across Denmark. Utilising a smart phone based mobile wallet, Dankort cardholders will benefit from an enhanced experience using Bluetooth Low Energy (BLE). The solution uses a BLE acceptance device developed by Spire Payments that will be deployed as an upgrade to tens of [...]
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Global digital payments reach 10% growth: World Payments Report 2016
According to the World Payments Report 2016, global digital payment volumes continue to increase, with annual growth projected to top 10% for the first time to reach 426.3 billion transactions in 2015, up from the record-setting 8.9% growth in 2014 (387.3 billion transactions). The growth in digital payment transactions is largely being driven by strong [...]
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What are the options for retail banks to prepare for their future?
Disruption, innovation, Uberisation, disintermediation, Fintechisation, regulation… all of these words are nowadays perceived as challenges for the retail banks and their business. Media and experts are fond of predicting that all services still part of the current core business of banks will be provided by new players from outside the banking sector. This transformation will [...]
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Digital Payments in India – the making of a $500 billion ecosystem
Over the past few years, the payment landscape in India has mirrored developments occurring in the global payments arena, albeit with a time lag. Although digital payments in India is a recent phenomenon, the trend has displayed an exponential growth in the sub-continent, with rapid growth being witnessed in digital payment transactions. India now represents [...]
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