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Cash is still by far the most widely used form of payment in all regions of the world and cash in circulation is growing, according to a new report published by G4S. The World Cash Report surveyed 47 countries covering 75 percent of the global population and more than 90 percent of the world’s GDP. [...]
The post GLOBAL REPORT REVEALS CASH PAYMENTS ARE ON THE RISE appeared first on Payments Cards & Mobile.
Now in its 11th year, the Merchant Payments Ecosystem event in Berlin in February brings together players from across the length and breadth of the payments value chain for a three-day conference, exhibition and networking opportunity – writes Helen Owen, PCM Contributor THE RE-SHAPE OF THINGS TO COME This year will undoubtedly be a turbulent [...]
Amazon is reported to be discussing a potential partnership to offer its customers bank accounts via JPMorgan Chase, in a deal that would marry America’s biggest e-commerce platform with the country’s biggest bank. The idea is to develop a checking account-like product, as it seeks to strengthen ties with millions of consumers who rely on [...]
The post AMAZON ENTERS DISCUSSION WITH JPMORGAN TO OFFER BANK ACCOUNTS appeared first on Payments Cards & Mobile.
The number of card payments made online worldwide is set to jump from 29 billion in 2016 to 70 billion in 2022, according to Global Payment Cards Data and Forecasts to 2022, an annual survey of global payment cards. The RBR analysis reveals that the total number of e-commerce card payments made worldwide in 2016 [...]
All but one of 100 payments executives at large banks said their bank plans to make major investments in Open Banking initiatives by 2020, according to the results of a global study by Accenture. Open Banking is an emerging service model that allows customers to share access to their financial data with non-bank third parties, [...]
The post LARGE GLOBAL BANKS PLAN INVESTMENTS IN OPEN BANKING appeared first on Payments Cards & Mobile.