The Evolving Payments Purchasing Chain: How Pressures Are Changing the Ecosystem
Amid economic uncertainty, payments providers are making meaningful shifts to digitize and innovate as they continue to grow at a projected 8.3% compound annual growth rate worldwide between 2021 and 2026, per Boston Consulting Group. The changing economic landscape is leading to consolidation and a stronger focus on innovation. Both large and small players in the space can adapt their products to address current market needs and press on toward digitization.
The rise of digitization and noncard payment methods could pose a large threat to issuers' transaction-based revenues. In order to stay afloat, issuers will look to reap more value from existing customers. This should not prove to be a challenge anytime soon, as consumers in North America still trust banks more than fintech providers, according to a December 2021 Mastercard survey.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
DC's New Pride Costumes Confirm Superhero Fashion is EvolvingDC's heroes have never looked more fabulous than they do in Oscar Vega's new variant cover for DC Pride 2023 1, bringing together comics and fashion.
続きを読む »
Blockchain to Become More Relevant in Payments This Year, Sberbank Exec Says – Blockchain Bitcoin NewsBlockchain technology can help solve current issues with settlements, according to the deputy chief executive of Sberbank.
続きを読む »
Asian grocery chain slated to open second Bay Area storefrontThe forthcoming grocery store is from the same parent company that owns 99 Ranch Market.
続きを読む »
Big lodging chain takes over historic Bay Area hotel’s delinquent loanA historic San Francisco hotel with a delinquent real estate loan is a big step closer to landing a new owner.
続きを読む »
Also Productions Sets International Sights With Fact-Based Geopolitical Thriller ‘Chain Reaction’ (EXCLUSIVE)Montreal-based Also Productions, the rising premium outfit behind the Series Mania title “Disobey” and the popular police drama “The Sketch Artist,” will next hit international waters with the fact…
続きを読む »