Viewpoints

Blog
Contactless fraud in Denmark
With fraudsters looking for fresh ways to exploit consumers as the adoption of digital payments continues to increase globally, The European Fraud Report has revealed that Denmark has been named as Europe’s frontrunner for fraud that occurs after a card has been lost or stolen.
Blog
Happy Birthday to the ATM!
Back in 1967, the world’s first ATM was opened to the public. The machine was set up at Barclays bank branch in North London. From that point in time, people no longer had to rely on bank branches - which often closed early - to access their money.
Blog
E-commerce on the rise in the Philippines
The Philippines remains a mainly cash-based society, however efforts from the Philippine government and the Bangko Sentral ng Pilipinas (BSP), the country’s central bank, mean that cash is being challenged by the rapid growth of e-commerce.
Blog
Cash use still prevalent in the UK
Research by UK Finance suggests that despite debit card payments overtaking cash payments, cash still remains the second most frequently used payment method in the UK.
Blog
Open Banking – one year on…
A recent survey from Censuswide has revealed that, a year after its launch in the UK, consumers are still unaware of what Open Banking is - two-thirds of the 2,000 British consumers surveyed said they have never heard of Open Banking, while 20% had heard of it but could not explain it.
Blog
Consumers cautious of new banking technology
Results from the 7th Annual ING International Survey on attitudes towards financial technology were released this week and revealed that, despite a high demand for banking innovation, consumers are often hesitant when it comes to adopting it.
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Germany: Cash still going strong…?
A study released by EHI Retail Institute suggests that, for the for the first time in the country’s history, card spending was more popular than traditional cash payments.
Blog
Privacy vs Perks: how much are consumers willing to share?
A recent study by Accenture shows that 6 in 10 consumers are willing to share more of their personal data with financial institutions in exchange for improved services and better deals.
Blog
Making contactless payments mainstream in the US
A recent report from the Federal Reserve Bank of Boston suggests that the conditions for the mainstream adoption of contactless payments are now aligned.
Blog
Mobile banking on the rise
The results of recent research by Smart Money People into UK consumers’ banking preferences revealed an increasing preference for app-based banking over all other channels: online, in-branch and telephone banking.