Eastern Europe is still very much a region finding its identity following the breakdown of the Soviet Union over 20 years ago. Countries in the region are at various stages of economic growth and payments infrastructure development, and the e-commerce landscape looks different as you cross borders.
A new report published by Earnix shows findings stating that most millennials will use a single portal to aggregate services from multiple banks with which they have existing customer relationships in the future. The report, The Role of Analytics in the New Banking Age 2017, also states that most banks believe predictive analytics and machine learning will become the most powerful way to win back customers over the next five years.
Visa has announced it will be launching a new wearable payment device.
New research by Moneymailme shows that 72% of 18-25 year olds would use mobile apps for charity giving.
PaymentEye met Mike Camerling, CPO at AEVI, at last year’s Money 20/20 in Las Vegas to get his take on the year’s trends, the evolution of B2B space and to see what the future holds for the payments industry.
Favourable regulation, a lack of legacy systems, and growth in smartphone adoption is fuelling the pace of change in the Indian payments market.
Google has changed its hands free payments approach after ditching voice recognition payments tech earlier this week.
PayPal is currently marginally second in alternative payments adoption rate, and Android Pay is set to be the biggest mover in the market.
Stephen Ufford, CEO of Trulioo examines the trends and evolution of gift card fraud and how merchants can aim to prevent the transactions.
This GDP growth is being underpinned by a payments infrastructure that relies overwhelmingly on mobile wallets. But why mobile?