Sign In
Lafferty News ServiceNews, research, analysis and opinion

Share this page

Home » Cards & Digital Payments Insights

Cards and Digital Payments Insights

screenscraping F544 400px
Monday 9th April @ 3:43pm

Open Banking is coming to the United States, market and regulatory complexities notwithstanding. The only question is not if, but when.When it comes to tech-driven disruption, it always makes sense to get ahead of the inevitable. For example, print periodicals that were quick to provide websites (the New York Times, say) have fared better than those that simply ignored the arrival of the web (Newsweek). Radio stations that have developed a stable of podcasts too are...MORE

shutterstock_133532750
Monday 9th April @ 3:09pm

In the latest Keyfact monthly, Jeremy Ridgway provides an overview of the market and competitor snapshot. FCA publishes new credit card rulesThe Financial Conduct Authority expects people to save up to £1.3 billion ($1.83bn) a year in lower interest charges as a result of new credit rules.New rules came into force on 1 March 2018 to provide more protection for credit card customers in persistent debt or at risk of financial difficulties. Firms are now required to take a series...MORE

digibank DBS
Thursday 5th April @ 4:46pm

The following is part of an extended case study about DBS/digibank/Kasisto which was published in Lafferty Group's Artificial Intelligence and Robotics in Banking report as part of our Retail Banking 2020 Research Service.In August of last year, Singapore-based bank, DBS, launched a mobile-only digital bank squarely aimed at the ever-growing smartphone-wielding...MORE

shutterstock_259112450
Thursday 5th April @ 3:18pm

The retail payments space is evolving so fast there's a level of concern among players and participants about the extent to which fintechs are going to be regulated.Last year, the federal government of Canada released a consultation paper regarding the oversight framework for retail payment systems: this proposed a number of changes to the way payment systems are regulated. The consultation period for the paper closed in October, but responses have yet to be made public.This is the...MORE

Image-1
Tuesday 3rd April @ 4:50pm

During the Retail Banking Council Africa (RBCA) meeting in Kenya last year, Bitpesa COO Charlene Chen showed Lafferty Group and Union Bank's Akoh Ochai how to make a simple person-to-person bitcoin payment using a QR code and two smartphones.It didn't work perfectly because of the intermittent mobile signal, and gave us a few laughs, but it did raise one question for us: what is going to happen when someone offers blockchain applications native to smartphones? Will...MORE

Credit_card_logos_(2015-12-1816-27-350044)
Thursday 8th March @ 2:31pm

When a card is referred to as 'top of wallet', that card is the first card reached for when a wallet is opened.Competition in this area has always been fierce, and as wallets become less physical and more virtual, the battle to be the chosen card is more intense than ever.'Pick me! Pick Me!'What makes a 'top of wallet' card? For some, it's an array of perks and bonuses: air-miles, concierge services, golf fees, insurance, rewards, toys, sweets; but not...MORE

Jernberg DNB
Thursday 8th March @ 2:15pm

Marco Polo is an initiative looking at the use of blockchain technology for a more secure, efficient and transparent cross-border trade finance system.Since launching in September 2017, with BNP, Commerzbank and ING as core banks, the initiative has attracted interest from others, with additional banks including Standard Chartered, DNB, and OP Financial Group joining in recent months.DNB and Marco PoloLasse Meholm, head of Blockchain and DLT strategy at DNB said that the project is...MORE

shutterstock_90734176_400px
Thursday 8th March @ 1:41pm

In the latest Keyfact monthly, Jeremy Ridgway provides us with a look at the market and competitor snapshot.Switching levels still fallingPayment scheme BACS prefers to highlight high awareness rather than actual switching levels. The latest figures from BACS for the Current Account Switch Service (CASS) show that in 2017 there were 931,956 switches recorded, of which 247,700 occurred in Q4 . As usual, the CASS press release and dashboard focus on high awareness, without mentioning...MORE

putin gref
Thursday 8th March @ 12:05pm

The Central Bank of Russia (CBR) will decide this month to re-include Visa and Mastercard as members of Russia's Association of FinTech. While Visa and Mastercard sit in limbo, Russia's leaders have been looking admiringly on blockchain: the new national blockchain project is called Masterchain. Can anyone guess what international payments giant Masterchain would like to replace?Mastercard and Visa originally joined the Association of FinTech in October 2017 only to be excluded two...MORE

Screenshot 2018-03-06 11-07-05
Tuesday 6th March @ 10:48am

The big story in finance this week, long flagged and much feared by the banking world, is that Amazon is going to become a bank of sorts. But that's to underestimate the scale of Amazon's ambitions. Amazon is building a formidable internet of things, tied together by an AI 'flywheel' inside Amazon that is spinning AI and machine learning knowledge throughout the whole company. As Bill Gates said: we need banking, but we don't necessarily need banks. It appears that Amazon...MORE

shutterstock_197904497 copy
Monday 29th January @ 3:20pm

Lafferty Group is set to publish its in-depth 'Fintech and Banking' report later this year as part of our Retail Banking 2020 series, and so far our research has led us to believe that whether or not the major players want to admit it, fintech start-ups either disrupting or improving the financial industry is here to stay.While the consensus originally leaned towards fintechs being direct competitors to traditional banks, it now seems as though collaboration is the go-to strategy...MORE

Card Reader
Monday 29th January @ 3:02pm

The Revised Payment Services Directive (PSD2) and Open Banking EU regulations have finally come into effect across the continent — and their ban on card charges show how potentially fundamental the shift in law will be.Since January 13, it is now illegal for retailers to charge customers card fees for paying via credit or debit cards, a change that has caused great division in the financial community.On one hand, it is viewed as a positive — the end of an unjust fee that customers will no...MORE

first  prev   2 of 55   next  last
SIGN UP

Subscribe to the Lafferty Daily Briefing

SIGN UP

© 1981-2018 Lafferty Group

CONTACT US

E: enquiries@lafferty.com
Toll-free: +44(0) 800 772 3849
83 Victoria Street
London
SW1H 0HW

Research    —    Bank Quality Ratings    —    Councils    —    Reports    —    Events    —    Group
LinkedIn    —    Facebook    —    Twitter