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Digitisation to make heritage financial institutions irrelevant by 2030
By 2030, 80% of heritage financial services firms will go out of business, become commoditised or exist only formally but not competing effectively, according to Gartner. These firms will struggle... more
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Mastercard files complaint against Indian protectionism of RuPay
Having recently complied with new rules laid out by the Indian government surrounding personal and transaction data – a directive that sparked aggressive lobbying effort from US companies who said... more
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PCM Report: Payment fragmentation is the “new normal” across all markets
Research published today and sponsored by RS2 examines the payment landscape across a number of global markets, and finds that proliferating payment channels and the expectations of consumers and merchants... more
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Global payments revenue to double from $1.1 trillion to $2.4 trillion in 2027
Global payments remain one of the brightest spots in the financial services universe. Propelled by positive macroeconomic tailwinds, continuing technological advances, and expanding digital and non-cash mechanisms, global payments businesses... more
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World Payments Report 2018: digital payments booming
Digital payments are experiencing a boom, driven by developing markets, according to the World Payments Report 2018 launched by Capgemini and BNP Paribas. However, the innovation landscape in payments is uncertain as... more
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