Banks plan to invest 16bn in digital services for branches
Banks all over the world are planning to invest around 16 million dollars in branch transformation and the new technologies this requires in 2017.
Insights & Analysis
Payments infrastructure needs work, says Australian central bank chief
Australia’s central bank chief urged the industry to continue building an efficient and competitive payments infrastructure to support future innovation.
Restaurant guests are keen to go mobile, study finds
Researchers at Cornell University’s Center for Hospitality Research (CHR) have confirmed that restaurant goers are enthusiastic about the wave of smartphones and table-top tablets as ways to pay their food bill.
Are debit cards in decline?
US shoppers still prefer paying by debit card to any other method, but that number is decreasing, according to a new report by TSYS.
Affordable mobile phones act as financial liberator in emerging economies
Global mobile payments solutions provider Omlis believe that the rapid rate of mobile phone adoption in emerging economies such as Latin America, Africa and Asia, could see the world’s poorest continents become global leaders in internet and mobile payments use within the next 5 years.
Banks now prioritise digital offerings, research shows
Retail banks are upping their investment in online and mobile platforms as they realise the importance of increased functionality in their digital offerings.
Apple share prices too low, says Icahn
The world’s largest company is set to reshape the payments industry for good – but Apple is still misunderstood and undervalued, says billionaire investor Carl Icahn.
Card transactions on the rise, says UK cards association
August saw the number of debit and credit card transactions pass one billion for the first time, as consumers make fewer purchases in cash.
Canadians ready to shop via their fridge
Forget Apple Pay. Canadians have moved beyond mobile payments and are eager to shop via internet-enabled fridges and chips implanted in their fingers.
The bitcoin price drop – to panic or persevere?
The price of bitcoin has plummeted recently, especially this weekend, when the crypto-currency bottomed out at around $290. But even bitcoin enthusiasts cannot agree on why, or what this means for the market.
