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M-Pesa open API part of wider payments progress

Banking 2020

Open APIs are a key part of wider transformation in the banking industry and will become much more common as regulation forces banks to open up their systems. The move comes just as the banking industry gears up for major changes to payment rules that will mean they have to open up their platforms to third party developers.

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China and India lead global cashless growth

Banking 2020

Many nations around the world, both developed and emerging, have enjoyed strong growth in non-cash payments in the past few years, with Germany, the UK, Belgium and France all contributing to an increase of 5.1 Developing nations set to close the gap. It found that on a global level, non-cash payments are expected to increase by 8.9

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PWC Takes Very Optimistic View Of Retail Banking

Tech and Finance

PWC Retail banking. In its report on Retail Banking 2020 — Evolution or Revolution, PWC optimistically ignores many of the details of its survey and concludes that banking has a great days ahead. Banks need to decide whether they want to shape the industry, become fast followers or manage defensively, the report added.

Retail 28
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PWC Takes Very Optimistic View Of Retail Banking

Tech and Finance

PWC Retail banking. In its report on Retail Banking 2020 — Evolution or Revolution, PWC optimistically ignores many of the details of its survey and concludes that banking has a great days ahead. Banks need to decide whether they want to shape the industry, become fast followers or manage defensively, the report added.

Retail 28
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Asia Pacific set to drive mobile payments growth

Banking 2020

As emerging nations come online for the first time, smartphones will be the device of choice for many new internet banking users. This phenomenon, coupled with the innovation of semi-closed wallet schemes linked to bank accounts, has given a major boost to mobile payments in Asia-Pacific.”

Mobile 40
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Expanding the Banking Talent Pool

Banking 2020

Big firms need to work hard to remain competitive; smaller firms need to keep innovating and not become stale. Advancing Banking Talent and Leadership. There must be a marriage of financial content and experience with the new thinking and agility that will create of what banking will be in the future.