It’s not even over but 2016’s Fintech scene has already had a roller-coaster of a ride. Square’s IPO ride went through some tough periods, Powa Technologies collapsed in the most ignominious of circumstances and now Brexit is putting big question marks over a lot of regulation and businesses’ futures.
With that in mind, the infographic below, made by Savvybeaver and Call Levels, breaks down the state of fintech around the world, identifying key industry players, top unicorns and top performing stocks.
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It should come as no surprise that digital payment volumes are continuing to increase with annual growth projected to top 10% for the first time to reach 426.3 billion transactions, according to the new World Payments Report (WPR) from Capgemini and BNP Paribas.
Identity, biometrics, fraud, and the payments user experience were the topics discussed at TALKINGTECH’s inaugural Future of Digital Payments and Collections event this week.
Cash was used in under 50% of all retail transactions across the UK in 2015, according to the British Retail Consortium's annual Payments Survey.
With less than two weeks to go until the US liability shift hits its first anniversary, MasterCard published new data evidencing the positive impact the technology is having on issuing banks, merchants and consumers, as well as saying adoption continues to grow.