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Asia Pacific set to drive mobile payments growth

Banking 2020

Mobile technology is rapidly becoming an integral part of the way that many people manage their finances and make everyday payments, with the popularity of mobile banking apps and dedicated mobile payment tools such as Apple Pay growing all the time. Key trends driving the increase. ” A divergence in strategy.

Mobile 40
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Asia Pacific leads as electronic payment acceptance set to explode

Banking 2020

For all the talk around electronic payments becoming ubiquitous and the death of cash, there is still a long way to go before every single merchant accepts cards. But this is changing fast as more businesses take the decision to enable consumers to make card payments. Mirrors electronic payment growth. per cent in 2013.

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Where will payments be in 10 years?

Banking 2020

The payments industry has gone through some pretty rapid changes over the last ten years or so; but just where will we be a decade from now? Cash will continue to feel a slight squeeze in developed markets, but play a stronger role elsewhere. Closed loop payment instruments like prepaid cards will become more popular.

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Top 4 priorities for the payments industry

Banking 2020

As PSD2 hits Europe and real-time payments systems gain traction globally, the question of infrastructure has perhaps never been higher up the agenda for the industry. Technology-led disruption to the way we view how to pay and what is expected from a transaction means constant reassessment of the fabric of the payments sector.

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Can Midsize Banks Keep Pace?

Banking 2020

Midsize banks (those with deposits between $2 billion and $33 billion) have traditionally been the leaders of customer satisfaction in the banking industry, but technology has advanced to the point where big banks and regional banks are closing the gap. Can Midsize Banks Keep Pace?

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China and India lead global cashless growth

Banking 2020

For the last few years, developed countries around the world have been witnessing an unrelenting march away from cash, as consumers take advantage of new technologies such as fast payments, contactless and mobile to complete transactions without resorting to notes and coins. The ‘Emerging Asia’ region as a whole saw growth of 21.6

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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. It suggests that top regional banks in the U.S. It suggests that top regional banks in the U.S.

Retail 28