New research from Aite Group shows that a majority of banks are struggling to make a profit through their payments businesses and warns that some institutions will have to make significant changes in order to run the business more efficiently.
https://t.co/hLcRUVgfbX #payments
"During the first quarter of this year, 210 million cyberattacks occurred globally – a rise of 62 percent year-over-year." #paylead
https://t.co/g7EUezTxMj
As digital retailers aggressively push into new areas, the brick-and-mortar retailers that used to dominate need to adapt to the current market conditions and consumer expectations. #paylead@DanPeacockFIS
https://t.co/6UfCRsXbgh
With QR codes, huge percentages of the world’s population are bypassing cards and are jumping from cash directly to fully electronic payments. #paylead
https://t.co/iP3jNBpAn4
"Amid the constant reinvention of retailing, one thing remains constant: Consumers are becoming more powerful with expectations of having it all now and on their own terms. " - @ebuday#AI#retailpayments#paylead
https://t.co/XAR2atEEbF
The overarching benefit of an APIs Hub is the collaboration among solutions providers, financial institutions and fintech developers that enables developers to launch innovative solutions to market faster and more economically. #paylead@ebuday
https://t.co/C7gyZg7Lrl
Importantly, the power of mobile payments lies not only in simplifying existing payment processes but in enabling new, enhanced, seamless buying experiences. #paylead
https://t.co/2htapuQ9ts
Payments convergence is happening now: Financial institutions cannot afford to waste time and money investing in outdated legacy systems. #paylead#API
https://t.co/AyrLZyXSSH