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US multi-stakeholder initiative launches The Digital Dollar Project
The Digital Dollar Project is a not for profit effort, in collaboration with Accenture, to advance exploration of a United States Central Bank Digital Currency in order to advance the... more
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Visa Token Service hits major milestone of $1 trillion
Visa says that participants in Visa Token Service (VTS) are estimated to process a combined e-commerce volume of $1 trillion, marking a significant opportunity in its efforts to make digital... more
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North American banks risk losing $88 billion in payments revenue by 2025
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
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9 trends reshaping banking in 2020: #3 Automation alive and well
The outlook for automation in 2020 and beyond remains strong, amid continuing pressure on margins. And RPA is one technology that most banks have deployed successfully. Some progressive banks are... more
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9 trends reshaping banking in 2020: #1 the business model changed
In an exceedingly commoditised market, banks are beginning to make clear bets to become leaders in scale, value, customer experience or product / service excellence. Some are turning into specialist... more
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