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US financial institutions collaborate on m-payments system
The Clearing House (TCH) of the US has announced that it is working with the US’s leading financial institutions to develop an industry-wide dynamic credentialing solution to improve the safety and soundness of digital payments. Established in 1853, TCH is the oldest banking association and payments company in the US. US member banks include Banco [...]
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Smartphone purchases on the rise
The number of smartphone shoppers who make purchases on a weekly basis has doubled since 2012, according to research from eDigitalResearch and Portaltech Reply. According to the two companies, 32% of smartphone shoppers are using their mobiles to make a purchase on a weekly basis, double the figure from a year ago, while the [...]
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ATMs at the forefront of customer interaction
How will the advent of interactive ATMs worldwide redefine these traditional touchpoints? by Victoria Conroy Amid the wave of technology innovation sweeping the payments industry, it is easy to forget the important role of one banking stalwart – the ATM. From its humble beginnings over 40 years ago, with the launch of the first prototype [...]
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MasterCard: Europeans say no to cash this summer
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 [...]
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Digital banking on the rise in Europe
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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