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With 2018 well underway, I have had time to reflect on what to expect in the ever-changing world of payments this year. My reflections are split into
New Trends, Growing Trends and Ongoing Trends, with this blog focusing on the
These are the trends that may be familiar to some, but are becoming established and are likely to become evident to many when we look back on 2018.
The chief beneficiary of these trends is the consumer. Pro-active banks focused on true digital innovation have an opportunity to use these trends to provide new and very different consumer-friendly services and experiences. These banks can put clear-water
between them and their less-enlightened competitors, taking market share from them; but fintechs and new entrants also have a unique opportunity to either compete with incumbent banks or supply technology and services to them.
The scene is set for some very new and exciting competitive payment dynamics in 2018.
My next blog focuses on the Growing Trends in payments, those that are already evident and likely to strengthen in 2018.
VP of EU Strategic Accounts
A Payments Fintech
This post is from a series of posts in the group:
Digital Banking trends and Industry Intelligence for Bankers, Fintechs, and Solutions Providers