Changing Consumer Behaviour Will Drive Growth in Card Spending Post-COVID-19
Economic pressures hindered growth in 2020 but underlying trends show positive outlook for the payment cards sector Global payment card spending reaches $35 trillion worldwide
Over 60’s Turning to Digital Banking Up by 90% During Pandemic
More than 90% of people aged over 60 have used online banking for the first time during the Covid-19 pandemic, according to a poll by iResearch Services, highlighting the importance of banks getting digital right in 2021. In comparison, 17% of people aged under 30 said they were accessing services via an app or web browser for the first time.
Cloud and Digital Wallets to Drive Payments in Latin America, Despite Pandemic
64% of financial institutions in Latin America will be increasing investment in retail payments over the next two years, according to a survey conducted by OpenWay, a global vendor of digital payment software, and technology analyst house Omdia. Banks and fintechs in the region are looking to improve their customer experience by focusing on mobile wallets, digitalization of back-office operations and use of cloud technologies.
Nutanix Enables Global Car Rental Company to Increase Scalability and Help Ensure Business Continuity Amid COVID-19 Pandemic
- 3 years 3 months ago
- Covid-19
Nutanix (NASDAQ:
COVID-19 Has Accelerated Investment in Technology and Reskilling in Service Driven Organisations
- 3 years 3 months ago
- Covid-19
Salesforce, the global leader in CRM, today released India insights from the fourth edition of its State of Service Report. The report provides an unparalleled view of how the trajectory of customer service has — and hasn't — changed while illustrating the strategies embraced by businesses as they plot their futures. The report surveyed more than 7,000 global decision makers, agents, mobile workers, and dispatchers across 33 countries,... more
DTCC Identifies Key Priorities for Managing Risk in a Post-Pandemic Environment
- 3 years 3 months ago
- Covid-19, Risk Management, Infrastructure
The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today identified key priorities where financial market infrastructures (FMIs) should focus in the coming years to proactively and effectively manage risk in a post-pandemic environment.
Covid Drives UK Banking Revolution As The Nation Goes Online
More than seven in ten Britons say that life through two national lockdowns has fundamentally changed the way they manage money but, for once, the changes have been positive. Nationally, 62% of people say they are in better control of their money than they were before COVID struck, according to new research from ThoughtWorks, a leading global software consultancy.
SEON Announces Findings from Exclusivem Cross-Sector Report on How Fraud Has Changed During COVID-19
- 3 years 3 months ago
- Covid-19, Fraud Detection
SEON, the fraud fighters, today announces the release of its report, Fraud Prevention During a Pandemic – SEON Sector Report, which delves into how fraud prevention has changed during COVID-19.
AML Experts SmartSearch Warn Firms of Increased Threat of Fraud in Lockdown
- 3 years 3 months ago
- Covid-19, Security, Fraud Detection
Commenting on the latest lockdown measures, John Dobson, CEO at AML specialists SmartSearch, said: “Although in some ways it feels a lot like March 2020 all over again, there are some significant differences this time around. Not least, businesses have much more idea of what to expect and how to deal with operating in a lockdown scenario. And, crucially, sectors such as the property market will still be able to function.
Nearly 1 in 4 Small Business Owners Now Won’t Buy Presents for Loved Ones This Christmas
Nearly a quarter of business owners (23%) will not buy any Christmas gifts for their family and friends this year as the pandemic takes its toll on plans across the UK. Christmas and working hours
Digital Monument Celebrates the Positive Events of 2020 Amid COVID-19
- 3 years 3 months ago
- Covid-19
Today Mobiquity, a full-service digital transformation enabler, launches the #greatmoments2020 campaign, to celebrate the resilience the general public has shown during the COVID-19 pandemic of 2020. As part of the campaign, Mobiquity has created a ‘2020 Digital Monument of Great Moments’: A dedicated website to showcase a portfolio of positive experiences in 2020 as a video panel montage submitted from people around the world.
Financial Services Businesses Remain on Track Despite the Pandemic
- 3 years 4 months ago
- Covid-19, Infrastructure
The majority (74%) of mid-market financial services companies have remained resilient in the face of the economic disruption that’s taken place this year, according to the Growth Index released today by mid-market private equity firm ECI Partners. 62% of mid-market financial services companies still expected growth throughout 2020 even after the pandemic had begun in March (a fall from 84% pre-March 2020). Paul McCreadie, Partner at ECI... more
Consumers to Give Small Businesses a Lift in Support of COVID-19
- 3 years 4 months ago
- Covid-19
New research from Nucleus Commercial Finance found that an overwhelming majority (96%) of consumers not only support their local independent businesses, but nearly two-thirds (63%) of those have made a conscious effort to do so since the pandemic started earlier this year.
Temenos Wins Business Culture Award for Covid-19 Response
Temenos (SIX: TEMN), the banking software company, today announced that it won the Business Culture Award 2020 for ‘Best Business Culture in a Crisis’. The prestigious awards celebrate forward-thinking companies that have created outstanding work-environments, enabling their employees to perform to their very best, facilitating exceptional business performance and customer delivery.
Judopay Launches JudoAccept to Support SMEs Through COVID-19 Recovery
Judopay, a leading mobile-centric payments provider, today announces the launch of JudoAccept, a new integrated payments offering that will help small to medium-sized enterprises (SMEs) cope with the fallout and ongoing impact of COVID-19.
