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The love affair between consumers and their mobile phones is leading to explosive growth in new digital payments across Europe. More and more consumers are shopping across borders online and... more
The post Digital payments – The next revolution in payments gathers pace … appeared first on Payments Cards & Mobile.
Technology and data advances will enable banks to provide customers with a hyper-personalised largely automated service within the next decade, replacing the traditional retail products-based approach. But the extent of... more
The post Future of Banking: The need to strike balance between technology and risk mitigation appeared first on Payments Cards & Mobile.
Two years ago, opportunity for the FinTech community was abound with the arrival of Open Banking. And while the initial uptake was slow to materialise, we are now finally realising... more
The post How fraudsters are attacking Open Banking weaknesses appeared first on Payments Cards & Mobile.
New figures published show that customer use of Open Banking in the UK has surpassed the 1 million customer mark for the first time. Customer numbers have grown strongly, doubling... more
The post Open Banking adoption surges past 1 million customers appeared first on Payments Cards & Mobile.
As much as 15% of North American banks’ payments revenue — $88 billion — is likely to be displaced by the growth of digital payments and competition from non-banks, as... more
The post North American banks risk losing $88 billion in payments revenue by 2025 appeared first on Payments Cards & Mobile.