Category Archives: Analysis

Global smartphone growth

According to a new mobile phone forecast from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, smartphone shipments are expected to grow 11.3% in 2015, which is down from 27.6% in 2014. This is on par with IDC’s previous smartphone forecast of 11.8% growth in 2015. While overall smartphone growth will continue to slow, many markets will experience ...
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Global smartphone sales of $96bn set a new Q1 record

In the first quarter of 2015, global smartphone unit demand increased +7%, compared to the same period last year. Sales reached 310m units, with growth down from +19% year-on-year in Q4 2014. This slowdown was caused by a year-on-year decline in demand for smartphones in China and Developed Asia, down -14% and -5%, respectively. Smartphone sales value in Western Europe ...
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Bit by Bitcoin: Decrypting the crypto-currency phenomenon

Such is the fervour around virtual currencies that barely a day goes by without some form of news or announcement about the growth and threat of digital currencies but what is the reality behind the scaremongering? And how much of a threat or opportunity is the growth of these new forms of digital money? At a payment industry conference in ...
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In August 2014, approximately 1 out of every 5 banked consumers in the U.S. said they would be comfortable using their smartphone to initiate all of their payments transactions, according to a First Annapolis study of consumer payments usage. Almost 90% of banked U.S. consumers, however, indicated a preference for a traditional payment method— debit cards, cash, credit cards, or ...
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Payments technology and fraud prevention top list of investments for banks and retailers

A new payments survey of more than 1,100 executives representing leading banks, retailers and billing organizations across the Americas, Asia-Pacific and EMEA revealed that although 80% of them understand they are at risk of customer attrition, only four in ten are focused on improving the customer experience. The four-part Global Payments Insight study, conducted by ACI Worldwide and market research firm ...
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The changing landscape of real-time retail payments systems

A new research paper by SWIFT assesses the global real-time retail payments systems (RT-RPS) landscape, provides analysis on the key drivers and trends, and identifies the different approaches, barriers to entry and critical success factors. The paper, entitled ‘The Global Adoption of Real-Time Retail Payments Systems’ highlights two key interlinked themes; the variety of different adoption speeds and the relationship ...
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Apple Pay outperforming PayPal in mobile payments

A new survey from 451 Research finds Apple Pay gaining momentum in the mobile payments space, primarily at the expense of PayPal. “Our latest survey shows planned use of Apple Pay has been on an upward trajectory since it became available six months ago – with the service helping to spark consumer demand for mobile payment technologies,” said Andy Golub, ...
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£12.8 billion a week set to be sent through digital banking by 2020

The number of mobile banking users is set to almost double from 17.8 million to 32.6 million by 2020, whilst the number of UK adults using online banking will increase from 27.7 million to over 35 million, according to a report, Future Trends in UK Banking, compiled by the Centre for Economics and Business Research (Cebr). The report also forecasts that ...
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Growth in global NFC SIM market

The SIMalliance membership, which represents approximately 90% of the global SIM card market, has reported an 11% year-on-year increase in SIM unit shipments in 2014. Globally, the growth trend for NFC-enabled SIM shipments, which has now been evident over the past four years, continued throughout 2014, as units soared by 69% from 78 million in 2013 to 132 million units. ...
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US mobile banking and mobile financial services

According to research from the Federal Reserve Board, nearly 40% of banked Americans now use their mobile phone to access their accounts. A survey of 2,900 people on behalf of the Fed shows that mobile phones have become ubiquitous; 87% of respondents have handsets, and 71% of these are smartphones, up from 61% a year earlier. Mobile phones have increasingly ...
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