DOCSLIB.ORG

Top Acquirers in Europe

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Top Acquirers in Europe A NEW LOOK for the FOR 49 YEARS, THE LEADING PUBLICATION COVERING PAYMENT SYSTEMS WORLDWIDE NILSON REPORT MAY 2020 / ISSUE 1175 NEXT ISSUE Payment Industry’s Response to Covid-19—Part 3 Governments worldwide are taking steps to reopen their Top Acquirers in Europe economies to retail commerce, manufacturing, and services as they address the global recession triggered by the fight against Purchase Transactions (Bil.) the Covid-19 pandemic. 2019 VS. 201 On pages 10 and 11 we highlight actions taken in North and SERANK South America, Asia, and Europe taken by card and mobile ‘19 20.61 payment companies to address the impact of Covid-19. ’18 14.37 > see p. 10 WORLDPAY Global Payments Gets Truist Credit Card Processing ‘19 9.67 ’18 8.70 The Total System Services (Tsys) business unit of Global Payments BARCLAYS will handle credit card account processing services for Truist, the ‘19 7.34 bank holding company formed by the 2019 merger of BB&T and ’18 7.00 > see p. 6 J.P. MORGAN ‘19 4.62 First Quarter Card Results in the U.S. ’18 3.75 Consumer, small business, and commercial credit, debit, and NETS prepaid cards carrying Visa, Mastercard, Discover, and American ‘19 4.42 Express brands issued in the U.S. as well as payments settled ’18 3.58 > see p. 5 CREDIT AGRICOLE ‘19 3.94 Aluminum Payment Cards ’18 3.61 WORLDLINE Anomatic has spent the last three years in research and ‘19 3.87 development of its all-aluminum anodized AnoCard card. ’18 3.48 AnoCards, which are manufactured using 100% recyclable CREDIT MUTUEL > see p. 5 ‘19 3.86 Adflex B2B Digital Payment Processing ’18 3.61 More than 3,000 companies use the Adflex multilingual, © 2020 The Nilson Report multicurrency (150+) platform to increase accounts payable and Top 45 Merchant Acquirers in Europe accounts receivable efficiencies between buyers and suppliers. > see p. 6 A ranking of the 45 largest acquirers of Visa (including Electron) Investments & Acquisitions—April 2020 and Mastercard (including Maestro) credit, debit, and prepaid card payments from merchants in Europe based on transactions Turn to page four for a list of 63 acquisitions and investments that processed in 2019 is presented in the chart on pages 8 and 9. occurred in 20 countries in April 2020. The U.S. led with 26 deals, The chart above shows Europe’s eight largest merchant followed by Europe with 18, Asia-Pacific with 11, Middle East- acquirers ranked by combined global brand (Visa, Mastercard, Africa with 5, Canada with 2, and Latin America with 1. American Express, Diners Club, UnionPay, and JCB) payments Prior issues: 1173, 1171, 1169 acquired as well as four Europe-based domestic-market-only > see p. 4 > see p. 7 INSIDE 2 – 3 Fast Facts CHARTS 5 U.S. General Purpose Cards 1Q 2020 vs. 1Q 2019 Management Changes 7-9 Top Merchant Acquirers in Europe Ranked by: Transactions & Purchase Volume and Mastercard/Visa Transactions 12 Top 25 Acquirers of Web Transactions in Europe © 2020 HSN Consultants, Inc. THE NILSON REPORT VISIT US ONLINE AT WWW.NILSONREPORT.COM FIS has launched FIS Digital Issuance, which lets financial VISA, MASTERCARD, AMERICAN EXPRESS, and DIS- institutions provide newly approved applicants with COVER have postponed increases in interchange and mer- 12TH EDITION The World’s Top Card Issuers and Merchant Acquirers immediate mobile access to their credit and debit accounts. chant fees until April 2021. Adjustments had been scheduled Now in its 12th edition, this 126-page report lists 1,109 Avidia Bank is the first issuer to offer the service. FIS Digital for July 2020. Amex, Visa, Mastercard, and Discover have card issuers in 117 countries grouped by region. Issuance also provides a same-day mobile replacement also postponed the imposition of the EMV fuel pump liability option for cardholders whose cards are lost, stolen, or shift from issuers to gasoline sellers. Our research report is available as a PDF and, for the compromised. Jim Johnson is Head of Payments and Wealth CONFERMA PAY, provider of virtual card technology to first time, data tables are also available in Excel format. at FIS, [email protected], www.fisglobal.com. corporations, has integrated Visa virtual cards in the The World’s This much-requested update adds new possibilities for Todd Wood is AVP Digital Banking at Avidia Bank, t.wood@ Top Card Issuers exploring our data. FAST Conferma Pay mobile app. Employees can make virtual card avidiabank.com, www.avidiabank.com. payments anywhere contactless payments are accepted. and Merchant Acquirers As a Nilson Report subscriber, you will appreciate PAYA, an integrated payment provider that handles over Purchases are captured in a single record, providing the FACTS 1,1 AR ISSUERS having our regional and worldwide figures in one $30 billion annually for over 100,000 customers, will be commercial card program manager with visibility into an ERCANT ACUIRERS ASIAPACIFIC, CANADA, EUROPE, LATIN AMERICA, reference document. You will also get the following offered to clients of Healthfully, an enterprise healthcare individual’s spending. Paper receipts or manually submitted UNITED STATES, MIDDLE EAST AND AFRICA Visa, Mastercard, American Express, UnionPay, JCB, Discover and Diners Club service provider. Mark Engels is Chief Revenue Officer expenses are eliminated. Kevin Phalen is SVP, Global Head at (not published in the newsletter): WHAT YOU’LL FIND IN THIS REPORT MAY 2020 at Paya, [email protected], www.paya.com. Visa Business Solutions, [email protected], www.visa.com. Worldwide By World Region General Purpose Cards General Purpose Cards 2018 vs. 2017 Paul Viskovich is CEO at Healthfully, [email protected], Simon Barker is CEO at Conferma Pay, simon.barker@ Purchase Transactions on Global Cards Market Shares of Purchase Volume • Top 300 Issuers Worldwide by Country (ranked by ISSUE 1175 Purchases by Card Type YOY Growth/Decline in Purchase Volume Top 300 Issuers Top General Purpose Card Issuers purchase volume) www.healthfully.io/. conferma.com, www.conferma.com. Top 150 Credit Card Issuers Top 50 Credit Card Issuers Top 150 Debit Card Issuers Top 50 Debit Card Issuers • Top Merchant Acquirers Worldwide (ranked by Top 100 Maestro Issuers Largest General Purpose Card Issuers No paid SECURETRUST, a division of Trustwave, has launched COMPASS PLUS migrated Network International’s 12 Top 150 Credit Card Portfolios Card Issuers Credit vs. Debit Top 150 Merchant Acquirers Largest Merchant Acquirers purchase volume) advertising. SecureTrust PCI Manager, a cloud-based platform that issuer processor clients (banks) in Egypt from legacy Photo by Kewal on Unsplash • Hundreds of additional listings: No sponsored provides Payment Card Industry (PCI) compliance validation infrastructures in 2019. Network International, a top third- FOR 50 YEARS, THE LEADING PUBLICATION COVERING PAYMENT SYSTEMS WORLDWIDE Issuers by Region and Country (more than the top 50) content of any kind. and enhanced risk mitigation for acquiring banks and party processor in the Middle East and North Africa, has Figures include cards in circulation and Credit vs. Debit Issuers by Region by Country Ever. merchant service providers. It was designed for all self- used Compass Plus software for 14 years. Alexey Osipov is spending for credit & debit in each world region. assessing entities (Level 2 through Level 4). Michael Petitti is EVP & MEA Managing Director at Compass Plus, a.osipov@ Order online, or contact our subscription manager President at SecureTrust, [email protected], compassplus.com, www.compassplus.com. Hany Fekry is Order Today ([email protected]) to inquire about pricing. www.securetrust.com. Managing Director, Egypt at Network International, www.nilsonreport.com/research [email protected], www.network.ae. CLEARSALE has moved the hosting of its anti-fraud application to Microsoft Azure and to using the Azure SQL TRUSTONIC has provided KB Kookmin Bank (KB Bank), Database hyperscale tier. The move lets ClearSale, which the largest bank in Korea with three million mobile custom- has over 3,000 customers worldwide, streamline upgrades ers, with Trustonic Application Protection (TAP) to enable to new and existing applications. Rafael Lourenco is EVP a simpler authentication process for the KB star banking and Partner at ClearSale US, [email protected], app. Trustonic’s mobile application protection lets the bank www.clear.sale. provide faster and more secure digital banking services because it isolates authentication certificates in the LINKED2PAY, a risk management and payment hardware of smartphones. Dion Price is CEO at Trustonic, technology provider, has launched CustomerConnect, [email protected], www.trustonic.com. which aims to eliminate late B2B invoice payments. CustomerConnect supports merchant accounts on card DPO GROUP, a payment service provider to over 100,000 processing gateways including TSYS MultiPass/TransIT, merchants in Africa, has expanded operations to include Heartland Portico, First Data, NAB Velocity, and francophone countries Senegal, Côte d’Ivoire, and the Authorize.Net. It also supports the linked2pay and Paya ACH Democratic Republic of the Congo. DPO is the largest gateways. Robert McShirley is CEO at linked2pay, PSP in South Africa. Eran Feinstein is CEO, [email protected], www.linked2pay.com. [email protected], www.dpogroup.com. ASURINT, provider of background checks used in the hiring UNIONPAY has expanded its online merchant acceptance process for both recruiters and candidates, has gone live in Europe with 10 partnerships, including Stripe, Santander, with BillingPlatform’s fully automated, cloud-based billing and Nexi. Since the beginning of the Covid-19 pandemic, services. Dennis Wall is CEO at BillingPlatform, dennis.wall@ global online transaction volume at UnionPay has increased billingplatform.com, www.billingplatform.com. Brent Sisson is by 20%. Wei Zhihong is International Market Dir. & General CFO at Asurint, [email protected], www.asurint.com. Manager of Europe Branch, [email protected], www.unionpayintl.com.
Load more

Recommended publications
  • Mobile Banking
    Automated teller machine "Cash machine" Smaller indoor ATMs dispense money inside convenience stores and other busy areas, such as this off-premise Wincor Nixdorf mono-function ATM in Sweden. An automated teller machine (ATM) is a computerized telecommunications device that provides the customers of a financial institution with access to financial transactions in a public space without the need for a human clerk or bank teller. On most modern ATMs, the customer is identified by inserting a plastic ATM card with a magnetic stripe or a plastic smartcard with a chip, that contains a unique card number and some security information, such as an expiration date or CVVC (CVV). Security is provided by the customer entering a personal identification number (PIN). Using an ATM, customers can access their bank accounts in order to make cash withdrawals (or credit card cash advances) and check their account balances as well as purchasing mobile cell phone prepaid credit. ATMs are known by various other names including automated transaction machine,[1] automated banking machine, money machine, bank machine, cash machine, hole-in-the-wall, cashpoint, Bancomat (in various countries in Europe and Russia), Multibanco (after a registered trade mark, in Portugal), and Any Time Money (in India). Contents • 1 History • 2 Location • 3 Financial networks • 4 Global use • 5 Hardware • 6 Software • 7 Security o 7.1 Physical o 7.2 Transactional secrecy and integrity o 7.3 Customer identity integrity o 7.4 Device operation integrity o 7.5 Customer security o 7.6 Alternative uses • 8 Reliability • 9 Fraud 1 o 9.1 Card fraud • 10 Related devices • 11 See also • 12 References • 13 Books • 14 External links History An old Nixdorf ATM British actor Reg Varney using the world's first ATM in 1967, located at a branch of Barclays Bank, Enfield.
    [Show full text]
  • Airtel to Airtel Talktime Offers in Ap
    Airtel To Airtel Talktime Offers In Ap Dutiful and utmost Shay unstringing: which Markos is accessorial enough? Conferential Chaddy steels outward, he ingratiated his morales very courteously. Unenthusiastic Praneetf nicker hissingly or classifying indistinctly when Meredeth is mussiest. Please check airtel full talktime plans aim to be entered into your mobiles, talktime offers available for rs galaxy sim mobile recharge in this platform User or password incorrect! Airtel rolls out Rs Rs 99 Rs 129 and Rs 199 prepaid plans Times. The Airtel plans of Rs 99 and Rs 129 offer unlimited calling and 1GB data On break other hand wiggle the rub of Rs 199 Airtel users will get 100 SMS unlimited calling and 1GB data per day The Rs 99 plan from Airtel comes with the validity of 1 days and three also offers 100 SMS. Android without a project leap, airtel to airtel talktime offers in ap regional sd rs prepaid? Tell me keep to breath the times it will ensure stable during and airtel andhra pradesh. Is the break-up apart both the plans MORE attitude THIS SECTIONSee All AP Photo. Imo user data, in ap my pin. Aadhaar based digital verification process will facilitate instant activation of Airtel mobile connections. Money by bharti airtel xstream, liberty reserve talktime offers to airtel today, user gets to hack tool and chat with. Leave a superior network across india committed significant amount in micropayment of payment page using facebook password hack text or. Airtel Andhra Pradesh Prepaid Recharge at MobiKwik Online recharge your Airtel Andhra Pradesh and pay securely through credit card debit card.
    [Show full text]
  • Press Release Results As at 31 December 2020
    PRESS RELEASE RESULTS AS AT 31 DECEMBER 2020 • PROFIT NET OF COSTS RELATED TO THE VOLUNTARY REDUNDANCY PLAN AND THE CLOSURE OF 300 BRANCHES AS WELL AS OTHER NON-RECURRING COMPONENTS1: € 330 MILLION • PROPOSED DISTRIBUTION OF A DIVIDEND OF 6 CENTS PER SHARE, IN LINE WITH ECB GUIDELINES PROFIT FROM OPERATIONS2 AT € 1,722 MILLION: • ESSENTIALLY STABLE (-1.4%) WITH RESPECT TO 2019, DESPITE THE NEGATIVE EFFECTS OF THE PANDEMIC CRISIS WHICH EXPLODED AT THE START OF 2020 AND IS STILL ONGOING; • SIGNIFICANT GROWTH IN THE SECOND HALF (+43.5% COMPARED TO THE FIRST HALF) THANKS TO THE STRONG SALES RECOVERY, DESPITE THE SECOND WAVE OF THE PANDEMIC CORE REVENUES3 AT € 1,876 MILLION IN THE SECOND HALF, + 5.9% H/H OPERATING EXPENSES AT € 1,181 MILLION IN THE SECOND HALF, -5.4% H/H THE EXCELLENT OPERATING RESULTS MADE IT POSSIBLE TO SUPPORT: 1 Result net of non-recurring components detailed in point 6 of the explanatory notes of this press release. 2 Effective from the closure of the accounting period as at 31 December 2020, the reclassified income statement is presented in a format that shows the profit (loss) before tax from continuing operations, by excluding not only the accounting impacts relating to the PPA, amounting to € -41.5 million, and the change in the company's creditworthiness on certificate issues, amounting to € -11.7 million, but some extraordinary components involving a significant amount, which have a notable influence on the economic results of the periods being compared, preventing a full understanding of the actual operating performance.
    [Show full text]
  • Retirement Strategy Fund 2060 Description Plan 3S DCP & JRA
    Retirement Strategy Fund 2060 June 30, 2020 Note: Numbers may not always add up due to rounding. % Invested For Each Plan Description Plan 3s DCP & JRA ACTIVIA PROPERTIES INC REIT 0.0137% 0.0137% AEON REIT INVESTMENT CORP REIT 0.0195% 0.0195% ALEXANDER + BALDWIN INC REIT 0.0118% 0.0118% ALEXANDRIA REAL ESTATE EQUIT REIT USD.01 0.0585% 0.0585% ALLIANCEBERNSTEIN GOVT STIF SSC FUND 64BA AGIS 587 0.0329% 0.0329% ALLIED PROPERTIES REAL ESTAT REIT 0.0219% 0.0219% AMERICAN CAMPUS COMMUNITIES REIT USD.01 0.0277% 0.0277% AMERICAN HOMES 4 RENT A REIT USD.01 0.0396% 0.0396% AMERICOLD REALTY TRUST REIT USD.01 0.0427% 0.0427% ARMADA HOFFLER PROPERTIES IN REIT USD.01 0.0124% 0.0124% AROUNDTOWN SA COMMON STOCK EUR.01 0.0248% 0.0248% ASSURA PLC REIT GBP.1 0.0319% 0.0319% AUSTRALIAN DOLLAR 0.0061% 0.0061% AZRIELI GROUP LTD COMMON STOCK ILS.1 0.0101% 0.0101% BLUEROCK RESIDENTIAL GROWTH REIT USD.01 0.0102% 0.0102% BOSTON PROPERTIES INC REIT USD.01 0.0580% 0.0580% BRAZILIAN REAL 0.0000% 0.0000% BRIXMOR PROPERTY GROUP INC REIT USD.01 0.0418% 0.0418% CA IMMOBILIEN ANLAGEN AG COMMON STOCK 0.0191% 0.0191% CAMDEN PROPERTY TRUST REIT USD.01 0.0394% 0.0394% CANADIAN DOLLAR 0.0005% 0.0005% CAPITALAND COMMERCIAL TRUST REIT 0.0228% 0.0228% CIFI HOLDINGS GROUP CO LTD COMMON STOCK HKD.1 0.0105% 0.0105% CITY DEVELOPMENTS LTD COMMON STOCK 0.0129% 0.0129% CK ASSET HOLDINGS LTD COMMON STOCK HKD1.0 0.0378% 0.0378% COMFORIA RESIDENTIAL REIT IN REIT 0.0328% 0.0328% COUSINS PROPERTIES INC REIT USD1.0 0.0403% 0.0403% CUBESMART REIT USD.01 0.0359% 0.0359% DAIWA OFFICE INVESTMENT
    [Show full text]
  • Allied Irish Bank (GB) Comes Top Again in Comprehensive UK Banking Survey 27Th November 2000
    Allied Irish Bank (GB) comes top again in comprehensive UK banking survey 27th November 2000 Allied Irish Bank (GB) has today been named Best Business Bank for the fourth consecutive time in the Forum of Private Business’s (FPB) comprehensive survey into the strength of service offered by banks to private businesses. The FPB report, Private Businesses and Their Banks 2000, is a biennial survey of tens of thousands of British businesses and shows that Allied Irish Bank (GB) has maintained its No. 1 position over other major UK banks since 1994. Aidan McKeon, General Manager of Allied Irish Bank (GB) and Managing Director AIB Group (UK) p.l.c., commented: "While we are delighted to win this award for the fourth time, we are far from complacent. We continue to listen closely to our customers and to invest in the cornerstones of our business: recruiting, training and retaining quality people; building 'true’ business relationships; and ongoing commitment to maintaining short lines of decision making. At the same time, we are exploiting technology to make our service as customer- responsive and efficient as possible." Allied Irish Bank (GB), one of the forerunners in relationship banking, scores highest in the survey for knowledge and understanding. The bank also scored highly on efficiency, reliability and customer satisfaction. Mr. McKeon continued: "We recognise that business customers have particular needs and concerns and we are always striving to ensure that our customers receive a continually improved service. We shall look carefully at this survey and liaise with our customers to further strengthen our service." Stan Mendham, Chief Executive of the FPB commented: "The FPB congratulates Allied Irish Bank (GB) on being voted Best Business Bank in Britain for the fourth time.
    [Show full text]
  • VISA Europe AIS Certified Service Providers
    Visa Europe Account Information Security (AIS) List of PCI DSS validated service providers Effective 08 September 2010 __________________________________________________ The companies listed below successfully completed an assessment based on the Payment Card Industry Data Security Standard (PCI DSS). 1 The validation date is when the service provider was last validated. PCI DSS assessments are valid for one year, with the next annual report due one year from the validation date. Reports that are 1 to 60 days late are noted in orange, and reports that are 61 to 90 days late are noted in red. Entities with reports over 90 days past due are removed from the list. It is the member’s responsibility to use compliant service providers and to follow up with service providers if there are any questions about their validation status. 2 Service provider Services covered by Validation date Assessor Website review 1&1 Internet AG Internet payment 31 May 2010 SRC Security www.ipayment.de processing Research & Consulting Payment gateway GmbH Payment processing a1m GmbH Payment gateway 31 October 2009 USD.de AG www.a1m.biz Internet payment processing Payment processing A6IT Limited Payment gateway 30 April 2010 Kyte Consultants Ltd www.A6IT.com Abtran Payment processing 31 July 2010 Rits Information www.abtran.com Security Accelya UK Clearing and Settlement 31 December 2009 Trustwave www.accelya.com ADB-UTVECKLING AB Payment gateway 30 November 2009 Europoint Networking WWW.ADBUTVECKLING.SE AB Adeptra Fraud Prevention 30 November 2009 Protiviti Inc. www.adeptra.com Debt Collection Card Activation Adflex Payment Processing 31 March 2010 Evolution LTD www.adflex.co.uk Payment Gateway/Switch Clearing & settlement 1 A PCI DSS assessment only represents a ‘snapshot’ of the security in place at the time of the review, and does not guarantee that those security controls remain in place after the review is complete.
    [Show full text]
  • In This Issue
    Welcome to the January edition of ACT News. This complimentary service is provided by ACT Canada; "building an informed marketplace". Please feel free to forward this to your colleagues. In This Issue 1. Editorial - payment innovation: where is the bar? 2. Desjardins and MasterCard bring new payment options to Canadians 3. Nanopay acquires MintChip from the Royal Canadian Mint 4. Canadian payments market transition: a study by the Canadian Payments Association 5. Suretap and EnStream take big steps forward with Societe de Transport de Montreal in mobile ticketing 6. New credit union association launches in Canada: Canadian Credit Union Association 7. Global study shows increasing security risks to payment data and lack of confidence in securing mobile payment methods 8. Samsung Pay to move online in 2016 9. Elavon delivers Apple Pay for Canadian businesses 10. Beware alleged experts’ scare tactics on mobile payments 11. Ingenico Group accelerates EMV and NFC acceptance in unattended environments with new partner program 12. Paynet delivers a safer payment service with Fraudxpert to its customers 13. VeriFone expands services offering for large retailers in the US and Canada with agreement to acquire AJB Software 14. VISA checkout added to Starbucks, Walmart, Walgreens 15. Gemalto is world's first vendor to receive complete MasterCard approval for cloud based payments 16. ICC Solutions offers a time-saving method and free guide for training staff to process card payments correctly ready for the new year! 17. Walmart adds masterpass as online payment method 18. Equinox and ACCEO partner to deliver integrated retail payment solution 19. UL receives UnionPay qualification for Chinese domestic market 20.
    [Show full text]
  • Is China's New Payment System the Future?
    THE BROOKINGS INSTITUTION | JUNE 2019 Is China’s new payment system the future? Aaron Klein BROOKINGS INSTITUTION ECONOMIC STUDIES AT BROOKINGS Contents About the Author ......................................................................................................................3 Statement of Independence .....................................................................................................3 Acknowledgements ...................................................................................................................3 Executive Summary ................................................................................................................. 4 Introduction .............................................................................................................................. 5 Understanding the Chinese System: Starting Points ............................................................ 6 Figure 1: QR Codes as means of payment in China ................................................. 7 China’s Transformation .......................................................................................................... 8 How Alipay and WeChat Pay work ..................................................................................... 9 Figure 2: QR codes being used as payment methods ............................................. 9 The parking garage metaphor ............................................................................................ 10 How to Fund a Chinese Digital Wallet ..........................................................................
    [Show full text]
  • Annual-Financial-Report-2009.Pdf
    Contents 4 Chairman’s statement 255 Statement of Directors’ responsibilities in relation to the Accounts 6 Group Chief Executive’s review 256 Independent auditor’s report 8 Corporate Social Responsibility 258 Additional information 12 Financial Review 276 Principal addresses - Business description 278 Index - Financial data - 5 year financial summary - Management report - Capital management - Critical accounting policies - Deposits and short term borrowings - Financial investments available for sale - Financial investments held to maturity - Contractual obligations - Off balance sheet arrangements 59 Risk Management - Risk Factors - Framework - Individual risk types - Supervision and regulation 106 Corporate Governance - The Board & Group Executive Committee - Directors’ Report - Corporate Governance statement - Employees 119 Accounting policies 136 Consolidated income statement 137 Balance sheets 139 Statement of cash flows 141 Statement of recognised income and expense 142 Reconciliations of movements in shareholders’ equity 146 Notes to the accounts 1 Forward-Looking Information This document contains certain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 with respect to the financial condition, results of operations and business of the Group and certain of the plans and objectives of the Group. In particular, among other statements, certain statements in the Chairman’s statement, the Group Chief Executive’s review, and the Financial Review and Risk Management sections, with regard to management objectives, trends in results of operations, margins, risk management, competition and the impact of changes in International Financial Reporting Standards are forward-looking in nature.These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts.
    [Show full text]
  • Adyen Retail Therapy Report
    The Adyen Retail Therapy report The UK’s love-hate relationship with shopping, and why consumers and retailers may be a little less British than we thought #AdyenRetailTherapy is our mission to explore what UK shoppers really want, and the practical steps retailers can take to meet these expectations. This research is just the beginning of our campaign to marry the needs of the British customer with the emerging innovations in retail. We hope you enjoy it. THE ADYEN RETAIL THERAPY REPORT 1 Shopping by numbers Shoppers Retailers 57% of consumers Over half say queuing is their biggest frustration of medium and large with the in-store experience, yet retailers claim in-store only 2% would go to a different experience is their shop with a shorter line strongest retail platform Only 3% Less than 4% of Brits say they no longer shop in- of all retailers are satisfied store but 69% love shopping online with their apps to compare prices and find bargains 73% of shoppers Less than 15% of large have abandoned an online transaction retailers believe they have a strong because the delivery cost is too high online shopping experience THE ADYEN RETAIL THERAPY REPORT 2 Contents Executive summary 4 What’s in-store? 5 Our attitudes to the traditional, physical and sociable shopping experience Hook, online and sinker 15 Is online shopping the irresistible force it promised to be? I shop, therefore I am 26 How attitudes to shopping differ between genders, groups and individuals Conclusion 40 Methodology 42 Executive summary It has been said that even if he is alone, has not killed off the high street – not by an Englishman forms an orderly queue of a long chalk; the biggest retailers have one.
    [Show full text]
  • Effects of Automated Teller Machine on the Performance of Nigerian Banks
    American Journal of Applied Mathematics and Statistics, 2014, Vol. 2, No. 1, 40-46 Available online at http://pubs.sciepub.com/ajams/2/1/7 © Science and Education Publishing DOI:10.12691/ajams-2-1-7 Effects of Automated Teller Machine on the Performance of Nigerian Banks Jegede C.A.* Department of Accounting and finance, Lagos State University, Ojo, Nigeria *Corresponding author: [email protected] Received August 07, 2013; Revised August 24, 2013; Accepted February 07, 2014 Abstract This study investigates the effects of ATM on the performance of Nigerian banks. Available studies have concentrated on the significant dimensions of ATM (automated teller machine) service quality and its effect on customer satisfaction with a bias against ATM producers. The study is motivated by the astronomical challenges confronting the proliferation of ATM infrastructure and attendant financial losss to banks which are often under- reported. Also, there are serious debate on the relevance of ATM technology as most countries in the world are moving away from the virus technology to the more secured chip cards free of credit and debit frauds. Questionnaire was used to collect the data from a convenience sample of 125 employees of five selected banks in Lagos State with interswitch network. Therefore, data collected through the questionnaire were analyzed statistically by using the Software Package for Social Science (SPSS Version 20.0 for Student Version) and chi-square technique. The results indicate that less than the benefits, the deployment of ATMs terminals have averagely improved the performance of Nigerian banks because of the alarming rate of ATM fraud.
    [Show full text]
  • Wirecard and Klarna Launch Joint Payment Solution for Merchants
    Wirecard and Klarna launch joint payment solution for merchants ● Wirecard embeds all three Klarna payment methods into merchants’ checkout – via a single integration – and processes all payments ● Solution currently available in nine countries, with more geographies coming in 2020 Munich/Stockholm - 12th of March 2020 - Wirecard, the global innovation leader for digital financial technology, and Klarna, a leading global payments and shopping provider, announced today the launch of a new enhanced joint payment solution. All three Klarna shopping methods, Pay Now, Pay Later and Klarna Financing, can now be embedded into merchants’ checkout via a single integration through the Wirecard digital financial commerce platform to boost average order value, conversions and hence fuel growth for merchants. As the single point of contact for merchants, Wirecard ensures that Klarna is integrated easily into the merchants’ checkout page as a payment option and also processes all subsequent payments made via Klarna. Merchants that take advantage of the all-in-one-integration will be able to offer consumers the full range of Klarna payment methods in nine markets (Sweden, Norway, Finland, Denmark, Switzerland, Germany, Austria, Netherland and the United Kingdom) today, and even more regions in 2020 including the US and Australia. In addition, Wirecard and Klarna cover the merchant and consumer risk respectively, meaning that the payments are guaranteed. Through the cooperation, Wirecard and Klarna will be complementing each other’s services, while growing Klarna’s potential merchant base and global consumer brand. Shoppers will continue to enjoy a smooth, hassle-free checkout experience when paying via Klarna. “We are proud to team up with Wirecard to combine the best of our offerings into a single solution,” said Luke Griffiths, Commercial Vice President at Klarna.
    [Show full text]