Banks plan to expand debit card product lines and invest in technology to grow their card operations, according to the American Bankers Association’s (ABA) 2003 Bank Card Survey Report. The survey examined growth strategies for card issuers and merchant acquirers in 2003 and provides a five-year forecast for growth opportunities. In terms of growth opportunities over the next five years, debit cards as check replacement ranked first for all bank-size categories. On the credit card issue, the research found that technology investments and loyalty programs are expected to lead growth for consumer credit card issuers. Beyond 2003, forecasted growth areas over the next five years include modifications to existing consumer credit card products, electronic bill presentment and payment, Internet payments and recurring payments. The report was compiled by ABA with analysis from San Francisco-based Edgar, Dunn & Company, a global strategy consulting firm.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more