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Use of smartphone-based point-of-sale payment methods increased by more than a third in 12 months, and will hit $2 trillion in three years’ time
It’s time for banks to stop working against what customers are telling them and start solving the right problems in the right ways
A third of Americans named cash as their favourite means of payment
They’re willing to take the chance for the opportunity to net a big score
The banking software vendor and search engine giant have formed a strategic partnership, allowing banks to create apps quicker and more securely
Global digital payments will total $6.7 trillion by 2023, with the US and China expected to dominate peer-to-peer and point-of-sale sectors
The struggle they will have in increasing market share will not come from traditional competitors but from new online banking companies
Increasing connectivity also means the risk of cyberattacks
A roundup of recent major appointments and hires in the banking sector
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