With decreased payment volumes and increased risks of market consolidation, The Payment Association examines how a recession could reshape the industry.
With Apple and Google already laying the foundations for biometric acceptance, the drive behind its adoption now comes from consumer demand for fast, secure and accurate ways to pay.
The G20’s payments roadmap will not succeed if there are no international regulatory and data collection standards, and transparency measures. The coming year could be pivotal for everyone in the multi-layered cross-border payments chain.
While current accounts are not profitable for banks, having loyal customers allows them to cross sell other products and services it offers
