Global credit card market has potential to grow, but some markets must rethink incentives
The French and Italian credit card markets could expand if issuers provide additional store discounts. But mobile wallet providers in…
25 Apr 2019
Credit cards must offer more benefits to defend against POS finance
With point-of-sale (POS) lending in growth, credit card providers risk losing a significant portion of their business unless steps are taken to offer more material benefits to consumers. There are…
25 Apr 2019
26 Mar 2019
Britain is heading for a cashless future – and millions could be left behind
With the number of card transactions having surpassed cash purchases in the UK in 2016, Britain is fast heading towards a cashless future. According to GlobalData’s Payment Instrument Analytics, the…
26 Mar 2019
06 Nov 2018
The UK could be headed for a credit card crisis
According to research from GlobalData’s 2018 Consumer Payments Insight Survey, almost three quarters of retail consumers in the UK (those with liquid assets between $0 and $5,000) do not pay…
06 Nov 2018
Fraud’s impacts make biometrics critical for banks in 2019
Biometrics are putting an end to password-only. Allowing for increased customer convenience while adding additional levels of security, multi-faceted biometric applications will soon be the norm. It’s time for banks…
22 Oct 2018
01 May 2018
People don’t like mobile wallets, but for the wrong reasons
Worldwide, there are currently over 2.3 billion smartphone users, potentially reaching over 2.8 billion by 2020. If mobile wallets are to leverage this high penetration, they will need to offer…
01 May 2018
03 Apr 2018
Alternative payments will soon overtake online card payments
The UK economy saw just 1.7% growth in 2017 and inflation that exceeded the Bank of England’s target, reaching 3.1%. This has led to higher prices in the shops and…
03 Apr 2018