O slideshow foi denunciado.
Utilizamos seu perfil e dados de atividades no LinkedIn para personalizar e exibir anúncios mais relevantes. Altere suas preferências de anúncios quando desejar.

Top 10 trends in payments 2018

2.229 visualizações

Publicada em

Heightened customer expectations for value-added services, increased competition from emerging FinTechs, new payments-enabling technologies, and an ever-changing regulatory landscape are driving the development of an open and collaborative payments ecosystem. Within this new environment, the traditional payments-processing intermediary function is anticipated to fade, as payment vendors consolidate or collaborate to stay relevant by opening their systems. Payment infrastructure will now require next-generation tools such as instant payments and distributed ledger technology to enhance customer experience. At the same time, alternate channels such as contactless payments and wearables continue to gain traction. However, an open and collaborative environment introduces vulnerabilities related to cybersecurity and data privacy. Industry stakeholders need to take measures to mitigate these risks. The report explores the top ten trends that are expected to impact the payments industry in the coming year.

Publicada em: Economia e finanças
  • DOWNLOAD FULL BOOKS, INTO AVAILABLE FORMAT ......................................................................................................................... ......................................................................................................................... 1.DOWNLOAD FULL. PDF EBOOK here { https://tinyurl.com/y3nhqquc } ......................................................................................................................... 1.DOWNLOAD FULL. EPUB Ebook here { https://tinyurl.com/y3nhqquc } ......................................................................................................................... 1.DOWNLOAD FULL. doc Ebook here { https://tinyurl.com/y3nhqquc } ......................................................................................................................... 1.DOWNLOAD FULL. PDF EBOOK here { https://tinyurl.com/y3nhqquc } ......................................................................................................................... 1.DOWNLOAD FULL. EPUB Ebook here { https://tinyurl.com/y3nhqquc } ......................................................................................................................... 1.DOWNLOAD FULL. doc Ebook here { https://tinyurl.com/y3nhqquc } ......................................................................................................................... ......................................................................................................................... ......................................................................................................................... .............. Browse by Genre Available eBooks ......................................................................................................................... Art, Biography, Business, Chick Lit, Children's, Christian, Classics, Comics, Contemporary, Cookbooks, Crime, Ebooks, Fantasy, Fiction, Graphic Novels, Historical Fiction, History, Horror, Humor And Comedy, Manga, Memoir, Music, Mystery, Non Fiction, Paranormal, Philosophy, Poetry, Psychology, Religion, Romance, Science, Science Fiction, Self Help, Suspense, Spirituality, Sports, Thriller, Travel, Young Adult,
       Responder 
    Tem certeza que deseja  Sim  Não
    Insira sua mensagem aqui
  • Hello! High Quality And Affordable Essays For You. Starting at $4.99 per page - Check our website! https://vk.cc/82gJD2
       Responder 
    Tem certeza que deseja  Sim  Não
    Insira sua mensagem aqui
  • An interesting look into upcoming payments trends !!
       Responder 
    Tem certeza que deseja  Sim  Não
    Insira sua mensagem aqui

Top 10 trends in payments 2018

  1. 1. Top 10 Technology Trends in Payments: 2018 November, 2017
  2. 2. Payments Trends 2018 | November 2017 © 2017 Capgemini. All rights reserved. 2 Banks are evolving into platform players to facilitate collaboration and to remain central entity in the industry Changes to Operating Models Investments Made in Existing Infrastructure Developer Portal and AppStore Data Lake and Payment Hubs Source: Capgemini Financial Services Analysis, 2017; World Payments Report, 2017  Collaborative platform model will help banks to generate new revenue streams by leveraging the data available with them  Bank Assets  Bank Challenges
  3. 3. Payments Trends 2018 | November 2017 © 2017 Capgemini. All rights reserved. 3 Payments infrastructure across the globe is being transformed to become faster and inclusive to drive true value of the new offerings Account and Invoicing Management Unified User Experience Online Payment Channel Integration User Data Analytics Source: Capgemini Financial Services Analysis, 2017; Capgemini World Payments Report, 2017 Payments intermediaries are expected to converge or evolve leading to infrastructure rationalization Rationalization Benefits
  4. 4. Payments Trends 2018 | November 2017 © 2017 Capgemini. All rights reserved. 4 Improved Compliance Better Operational Efficiency Reduction of Costs Greater Focus on Strategic Initiatives Reducing Risk of Fraud Source: Capgemini Financial Services Analysis, 2017; https://www.ovum.com/the-consolidation-rush-in-the-payments-industry-highlights-the-need-for-scale-and-differentiation-through-value-added-services Payment vendors and banks are expected to consolidate their operations to form larger groups Payments vendors with good digital capabilities could become strong targets for acquisition as the incumbents are looking to scale up their operations Key Drivers
  5. 5. Payments Trends 2018 | November 2017 © 2017 Capgemini. All rights reserved. 5 APIs aid development of customized services Enables stakeholders to play roles such as AISP and PISP Regulations such as PSD2 to foster partnerships APIs to facilitate data sharing in secure manner Source: Capgemini Financial Services Analysis, 2017; World Payments Report, 2017  However, there are concerns regarding the lack of harmonization due to the absence of a centralized API infrastructure Open APIs enable stakeholder collaboration Key Drivers and Benefits
  6. 6. Payments Trends 2018 | November 2017 © 2017 Capgemini. All rights reserved. 6 174.1% $95 Billion Estimated annual mobile and wearable contactless payments in 2018 Growth of contactless transactions in the UK in 2016 More than 15 billion connected devices by 2021 Increased customer demand for faster, convenient, and seamless experience Increasing processing power and availability of high-speed internet U.K., Canada, Singapore, and Australia are experiencing high adoption of contactless cards Major fitness trackers integrate payments service into their devices Alternate payment channels such as contactless and wearables gain acceptance Source: Capgemini Financial Services Analysis, 2017; World Payments Report 2017; https://goo.gl/R5P4iD; http://www.theukcardsassociation.org.uk Key Drivers
  7. 7. Payments Trends 2018 | November 2017 © 2017 Capgemini. All rights reserved. 7 DLT Can Be Explored for Cross- Border Remittances, B2B Payments, and Interbank Settlements Challenges Due To Scalability And Lack Of Standardization to be Addressed Current Corresponding Banking Model Is Inefficient DLT Provides Faster, Inexpensive, and Efficient Services Source: Capgemini Financial Services Analysis, 2017 Banks and FinTechs explore distributed ledger technology (DLT) to transform cross border payments Incumbents are either partnering with FinTechs or collaborating with players such as SWIFT to experiment with DLT for cross-border payments Key Takeaways
  8. 8. Payments Trends 2018 | November 2017 © 2017 Capgemini. All rights reserved. 8 Source: Capgemini Financial Services Analysis, 2017; http://eastandpartners.com/publications/banking-news/npp-delayed-to-early-2018; https://www.euromoney.com/article/b14r6x3pgbg5vc/real-time-payments-forcing- transaction-flow-rethink; https://www.finextra.com/blogposting/14484/getting-real-with-real-time-payments Increasing Demand From Retail and Corporate Customers For Agile Services Corporate domain is slow to adopt IP due to challenges of investments in legacy systems and inertia to upgrade batch-processing systems to real-time Countries Are Either Creating New IP Infrastructure or Leveraging Existing Infrastructure 26th January 2018 New Payments Platform Australia, real-time payments platform to go live Post PSD2 implementation, merchants can become PISPs and can start offering IP services to the retail and corporate customers Instant payments (IP) likely to become the ‘new normal’ for corporate treasurers, industry at large Key Takeaways
  9. 9. Payments Trends 2018 | November 2017 © 2017 Capgemini. All rights reserved. 9 1.9 Billion Data records exposed in 918 publicly reported Cybersecurity breaches Regulators are bringing in new regulations and standards Lack of harmonization in cybersecurity laws is posing a challenge for multinational firms Collaboration between payments stakeholders is affecting banks’ data and security Cybersecurity incidents escalate in frequency and impact Source: Capgemini Financial Services Analysis, 2017; http://breachlevelindex.com/assets/Breach-Level-Index-Report-H1-2017-Gemalto.pdf As global cyberattacks rise, regulators focus on data-privacy law compliance ImplicationsKey Drivers
  10. 10. Payments Trends 2018 | November 2017 © 2017 Capgemini. All rights reserved. 10 $31.26 Billion Expected annual Global card fraud losses in 2018 Frauds can be identified and analyzed in near real-time Improved security and reliability while driving down costs Machine learning to continuously monitor the ecosystem network Source: Capgemini Financial Services Analysis, 2017; https://www.nilsonreport.com/upload/content_promo/The_Nilson_Report_10-17-2016.pdf Robotic process automation, machine learning help payment service providers in fraud detection Benefits
  11. 11. Payments Trends 2018 | November 2017 © 2017 Capgemini. All rights reserved. 11 81% Hacking-related breaches leveraged weak or stolen passwords in 2016 Multi-factor authentication to mitigate the cyber threats Behavioral analytics in combination with biometrics to reduce fraud Biometrics Digital Identity Secure Element Geo-location Interoperable Cryptographic Source: Capgemini Financial Services Analysis, 2017; Data Breach Investigations Report, Verizon, 2017; http://www.businesswire.com/news/home/20170807005537/en/Multi-factor-Authentication-Market---Top-Trends- Forecasts Payments firms continue to invest in advanced authentication technologies to fight fraud and data breaches Advanced Authentication Technologies
  12. 12. With more than 190,000 people, Capgemini is present in over 40 countries and celebrates its 50th Anniversary year in 2017. A global leader in consulting, technology and outsourcing services, the Group reported 2016 global revenues of EUR 12.5 billion. Together with its clients, Capgemini creates and delivers business, technology and digital solutions that fit their needs, enabling them to achieve innovation and competitiveness. A deeply multicultural organization, Capgemini has developed its own way of working, the Collaborative Business Experience™, and draws on Rightshore®, its worldwide delivery model. About Capgemini Learn more about us at www.capgemini.com This message contains information that may be privileged or confidential and is the property of the Capgemini Group. Copyright © 2017 Capgemini. All rights reserved. Rightshore® is a trademark belonging to Capgemini. This message is intended only for the person to whom it is addressed. If you are not the intended recipient, you are not authorized to read, print, retain, copy, disseminate, distribute, or use this message or any part thereof. If you receive this message in error, please notify the sender immediately and delete all copies of this message.

×