
Banking in the metaverse: The next frontier
As you read this, the internet is being reshaped. And it’s already transforming banking. We have not witnessed a topic explode quite like the metaverse. While extended reality (XR) technology has been...
Key themes Receivables growth continues to gain momentum with issuers reporting single and double-digit YoY growth. ...
Key themes Receivables growth has started to gain momentum, though payment rates remain elevated, with most issuers ...
Key themes Receivables showed positive YoY growth for the first time in five quarters. Purchase Volume growth continues ...
Key themes Purchase volume has continued to exhibit a strong rebound (up 20%+ QoQ for all issuers) and has largely ...
Key themes Purchase volume has continued to show signs of recovery and most issuers are now reporting YoY growth for ...
Key themes Purchase volume continued to show signs of recovery as all issuers reported QoQ growth in spend and some had ...
Key themes Purchase volume experienced a significant rebound in Q3 relative to Q2, as pandemic lockdowns generally ...
Key themes The spending effects of the pandemic were fully felt in Q2 as most issuers report large declines in purchase ...
Key themes In Q1 2020, the impacts of COVID-19 on issuer earnings were still relatively mild in terms of portfolio ...
Key themes Receivables growth of 4% YoY in Q4, slightly above the 3.5% YoY growth in Q3. Purchase volume YoY growth of ...
As you read this, the internet is being reshaped. And it’s already transforming banking. We have not witnessed a topic explode quite like the metaverse. While extended reality (XR) technology has been...
When Neal Stephenson coined the term “metaverse” in his 1992 science-fiction novel, Snow Crash, he could hardly have foreseen that the phrase would be everywhere by late 2021. With bigtech giants like...
Back in 2009, Apple coined the catchy phrase, “there’s an app for that.” Since then, apps (single-use apps, that is) have multiplied exponentially and become part of everyday life for most people. But...
In a post-COVID world we have seen dramatic changes in the way customers pay, from the further shift towards a cashless society to a digital revolution in e-commerce payments. As we look forward, we s...
Every January since 2018, our annual “Top 10 Banking Trends” report has attempted to cut through the noise and reveal the real forces shaping the industry’s future. On top of the bold predictions and ...
The pace of change in payments right now might seem overwhelming. The pandemic has supercharged the trend towards contactless, online and instant payments. Contactless payments, for instance, grew 150...
Digital payments are gaining popularity as cash usage declines around the world. While card payments still dominate in countries where they have a large incumbent advantage, digital products like paym...
This blog is based on my keynote presentation at the 2021 Payments Canada SUMMIT Payments leaders probably feel like they are living in the future right now. The pandemic changed the industry forever....
At the recent Money 20/20 conference, I spoke with The Fintech Times about which potential disruptors banks and payments players are most concerned about. Accenture surveyed over 200 payments executiv...
Open Banking allows customers to share access to their banking data with trusted third parties, which then provide the customer with a better banking experience. Its adoption has been uneven around th...