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The next decade of payment innovation
VocaLink has spearheaded a collaborative whitepaper – titled Moving Money 2025 – bringing together the leading voices in the payments industry to predict how payment innovation could change by 2025 and the impact this will have on consumers, businesses, charities and even our interaction with the state. To accompany the report, 2000 consumers were also polled [...]
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Banks hold key to mobile payment adoption
VocaLink has unveiled the Next Generation of Payments Report, an independent study conducted by Illuminas, into the mobile payment habits of more than 5,000 UK consumers. This is VocaLink’s second analysis of transaction trends since 2013, revealing that whilst mobile banking has officially ‘arrived,’ adoption of mobile payment technology is still lagging behind. Overall, consumers valued [...]
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Contactless mobile wallets to surge
The number of mobile wallets using contactless technology is expected to reach 200 million by the end of 2016, according to new statistics from Juniper Research. This would represent growth of more than 100% from the end of 2014, boosted in part by the introduction of Apple Pay. The Juniper study found that while the [...]
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Advanced Payments – Which paths to success?
PCM in partnership with Edgar, Dunn & Co. and American Express unveil the findings of the latest Advanced Payments Survey. The annual Advanced Payments Survey, which this year has been produced by PCM in conjunction with American Express and written by consultancy Edgar, Dunn & Co. (EDC), has become one of the benchmark indicators of [...]
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Increasing appetite for mobile contactless payments in Germany
Mobile contactless payments based mobile payments are gradually gaining prominence in Germany, with consumer preference for secure payment services also gaining ground, finds a new report by Timetric. According to the report, mobile penetration witnessed a healthy growth during the review period, rising from 128.3% in 2010 to 134.3% in 2014. One of the primary [...]
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