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The issue of core system replacement is at the fore once again, with new research from Deutsche Bank finding that banks operating ageing IT platforms can expect to experience a material increase in running costs over the coming years, only partially offset by the introduction of smaller cheaper-to-run branch outlets. According to the research, most [...]

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The US Federal Reserve is seeking public input on a set of new policy ideas aimed at modernising US retail payments systems, while at the same time addressing key themes such faster payments and mobile technology. The ‘Payment System Improvement – Public Consultation Paper’ has been launched by the Fed in order to  “to share [...]

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The recent launch of Apple’s iPhone 5C and 5S models has disappointed NFC enthusiasts once again as the tech giant appears stubbornly unconvinced by the merits of the technology. However, while the inclusion of a biometic fingerprint scanner on the 5S model has eliminated the need for password entry on Apple’s iTunes and app platforms, [...]

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New research from MasterCard shows that Europeans want to enjoy cashfree holidays. The survey shows how people across Europe prefer having their cards on hand on holiday, more than the rest of the year: 91% of them carry their cards while on holiday vs 60% at home and over half or 53% of those questioned [...]

The post MasterCard: Europeans say no to cash this summer appeared first on Payments Cards & Mobile.

Efma and Exton Consulting have published the second edition of the “Digital Channels” European barometer on the use of digital channels in banking relationships across Europe. The study, which covers France, Germany, Italy, the Netherlands, the UK, Poland and Turkey, tracks how consumers connect to their bank and the channels they use. The main findings [...]

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