Cards & Payments Industry Insights
Detailed reports on the financial cards and payments industry across the globe provide invaluable market intelligence. They give expert insight into payments environments, cards markets, mobile payments. profit pool, networks, issuers, acquiring and processing and regulatory landscapes. Topics cover full spectrum of the payments industry, from demographics and the economy to key issuers and regulatory frameworks.
Reliable and comprehensive market data along with detailed expert analysis supplied by Verisk Financial Research is used by key industry players for strategic planning and informed decision-making in the fast-developing cards and payments markets.
The focus in the world of cards and payments has now moved firmly towards profitability. We analyse the opportunities and threats afforded by evolving consumer behaviour in the US, Malaysia, South Africa and Kuwait.
Historically dormant long-tail opportunities for smaller sized enterprises are being picked up across the Asia Pacific region and presenting a challenge to cards-based incumbents.
Cash has been historically dominant in India but the latest cards and digital payments report from Verisk Financial Research expects mobile-based P2P to move swiftly into the top spot this year.
As Russians increase their usage of bank cards and mobile payments, cash is starting to decline. Authorities are encouraging mobile payments and actively exploring innovations,
Latin America has enjoyed strong growth in merchant acquiring volumes over the past few years. This trend will probably persist with card usage spurred by contactless and e-commerce.
Acquirers and processors continue to post impressive growth in revenue. Although margins are thin and shrinking the overall payments pie continues to expand.
Although Hong Kong consumers have been sophisticated users of credit cards for a long time, cash use has persisted. Authorities are now committed to a push for digitalisation.
Western Europe's merchant acquiring market is one of the most competitive in the world. Despite the challenges, the market consolidates at pace through mergers and acquisitions.
Longstanding curbs in Turkey on rollover behaviour should stand the credit cards market in good stead as pressures on the economy grow, says a report from Verisk Financial Research.