The UK is seeing something of a boom in mobile payments of late. Recently Barclays launched its Pingit smartphone app that lets UK users transfer up to £750 a day to family, friends and small businesses. With nearly half a million downloads its success surprised
The UK banking market unfortunately hit the front pages again with an RBS core systems failure impacting millions of customers. As Banks try to “deliver more with less” we are seeing more of these events around the world. As consolidation of banks continues combined with
Continuing on from our last post, the mass industry disruption is causing world-leading banks to consider the challenges that face them in this ever changing payments arena. Fundamental questions are being asked in relation to customer retention, innovative service provision and creation of a more
And we are delighted to say many of PayX‘s previous market predictions have come true: Some Banks have confirmed that the Card Business has overtaken the Retail Bank Business, e.g. In a recent Barclays Global Retail Banking investor seminar that in 2009 Barclaycard‘s Profit Before