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Banking and Payments Research Shows an Industry Struggling with Change

08/05/2014 (press release: michaelceasar) // Hyderabad, Andhra Pradesh, India // The Business Research Company, No. 401, 4th Floor, Aditya Jayrag, Road no. 36, Jubilee Hills, Hyderabad-500033 (India). +91 9866730778

Banking and Payments Research Digest H1 2014 finds that the banking and payments markets are struggling to deal with the after effects of the downturn and the disruptive effects of technology. Recent research in the banking sector shows European banks are still recovering from the financial downturn, threatened by shadow banks and Fintechs, and attempting to redefine the role of the branch. The cards and payments market is a little more positive according to the latest research, with electronic payments continuing to overtake cash and cheque and strong growth particularly in in Africa and South America. However, here too there are disruptive changes, with the impact of mobile payments, and non-bank prepaid cards threatening the traditional business model in many areas.

Some highlights from the Digest include:

• Customers give negative feedback on retail banks in 2013

• Internet, ATM And Branch The Most Popular Banking Channels

• Key priorities for Banking Customers Remain the Same

• Gift Cards Growing Fast In The US

• SMS-Based And Near-Field Communications-Based Transactions To Grow Rapidly In Asia

• African Governments Attempting to Increase the Banked Population

About Banking and Payments Research Digest

The Banking and Payments Research Digest is a digest of all the most important research in the retail banking, cards and payments industry each quarter, gathered from over 50 sources including associations, consultants, market intelligence companies, investment banks, and industry participants. It covers the banking and cards and payments industries globally.

Updated quarterly, the Digest allows you to:

• Quickly update yourself on the latest research findings, gathered and organised for you.

• Get our Expert Analysts’ perspectives on the latest research.

• Link through to the original research to review or purchase.

Get Banking and Payments Research DigestToday

Order the Banking and Payments Research Digest H1 2014 for $350.

Take an annual subscription to Banking and Payments Research Digestfor $1000and you will also receive Financial Services Digest each month.

Other recent publications that may interest you:

• Insurance Research Digest

• Wealth and Investments Research Digest

The Business Research Company

Banking and Investments Research Digest is a product of The Business Research Company, a research consultancy which excels in company, market and consumer research on financial services globally. We use advanced secondary and investigative primary research techniques to find business critical information. Typical projects include helping clients find new customers, understand competitors and analyse markets.

Please contact [email protected] for more information or call Europe +44 2071935037, Asia +91 9866730778, Americas +1 2394654962, or visit our website at www.tbrc.info.

Social Media Tags:Banking, payments, research, finance, Banking and Payments Research, banking and payments markets, economic downturn, banking sector, European banks, financial downturn

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Tags: banking, banking and payments markets, Banking and Payments Research, banking sector, economic downturn, European banks, Finance, financial downturn, payments, research
August 5, 2014   vision
Money & Finance, Press Releases banking, banking and payments markets, Banking and Payments Research, banking sector, economic downturn, European banks, Finance, financial downturn, payments, research
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