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Cashless transaction volumes will more than double by 2030

The financial services industry is in the midst of a significant transformation, accelerated by the COVID-19 pandemic. And given the key role digitization plays in the financial lives of more and more of the world’s population, electronic payments are at the epicentre of this transformation.   Payments are...

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Electronic payments surged in 2020

The pace of electronic payments jumped last year at a faster pace than the year before as top banks sent more payments than ever during the COVID-19 pandemic, with 26.8 billion transactions worth $61.9 trillion, according to Nacha’s annual report. In total, the top...

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Surprising Stats about Consumers and Mobile Banking

Use of mobile banking is somewhat low at about 3 in 10 That said, satisfaction among those who do use mobile banking is quite high, however Inertia and security concerns prevent consumers from using mobile banking Method for banking can vary. Consumers choose the...

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