Ovum undertook a study of 100 UK merchants to investigate the state of online commerce and better understand how the industry perceives its own challenges in 2017 and into 2018.
Established payment hubs are showing their age just as the world is moving to real-time banking, forcing banks to reconsider their architectures. The result is the emergence of a new generation of payment orchestration platforms.
Against the background of an international move toward real-time or immediate payments and a convergence of low- and high-value payment mechanisms, banks need more functionality from their payment systems.
The fintech label now embraces a range of innovations far beyond the consumer apps it has long been associated with and is spreading to all areas of financial services. This was well illustrated at the recent Finovate Europe event in London.
The UK has finalized the initial set of APIs that will be used by the country's nine largest banks under the Open Banking initiative, kick-starting a revolution in the way consumers and corporates interact with banks.
Swift's global payments innovation (GPI) enhancement to its network brings same-day funds transfer to the correspondent banking world, as well as additional services that will address the demands of international corporate customers.
Existing systems are ill-suited to identifying the risks associated with processing cryptocurrencies, making it hard for regulated financial institutions to handle transactions involving Bitcoin.
The announcement from the US DTCC that it aims to move its post-trade derivatives processing system onto distributed ledger technology (DLT) marks a major step in making the technology viable at the scale required by financial services.
In the wake of several high profile cyber-attacks on financial services infrastructures, including central banks and the Swift network, BAE Systems' cyberdefense division has developed a multipronged strategy.
As the global payments industry enters a period of great change, banks are increasing their investment in the underpinning IT architectures, and payment hubs are evolving to take on a new orchestration role.
This report provides an overview of the white-label mobile wallet platform market, and it is intended to assist banks and payment providers in the vendor shortlisting process by evaluating some of the leading white-label platforms available.
The wholesale banking and payment sectors are expanding their IT budgets in 2017 to improve customer offerings, modernize systems, and invest in new capabilities, products, and services as real-time payments and open APIs are introduced.
CopSonic is a developer of digital audio technology, with a platform for short-range, contactless communications using ultrasound waves and associated software.
Ovum explores Wirecard's ConnectedPOS and what it could mean for the future of the in-store sales environment.
Caught between increasing demand from customers for real-time data and analytics and increasing competition from new players, corporate banks are responding by increasing their investments in online and mobile services for SMEs.
Immediate payment infrastructures are set to revolutionize the fundamental relationships between corporate banks and their customers at a time when these relationships are coming under increasing strain, particularly for smaller corporates.
Based on interviews with around 7,000 senior IT executives, Ovum’s ICT Enterprise Insights program answers key questions concerning enterprises’ needs at a country and industry level. This brief focuses on the top findings for payment strategies among merchants.
Ovum is part of the Business Intelligence Division of Informa PLC
This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726