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Global digital payments will total $6.7 trillion by 2023, with the US and China expected to dominate peer-to-peer and point-of-sale sectors
The struggle they will have in increasing market share will not come from traditional competitors but from new online banking companies
Increasing connectivity also means the risk of cyberattacks
A roundup of recent major appointments and hires in the banking sector
Will help employees with their digital capabilities in order to keep pace with the rate of technological change in the financial services sector
Plaid is a payments network that enables users to connect their financial accounts to third-party mobile applications
A new mobile app that goes beyond just loan payments and balance transfers
Now offering their institutional clients real-time settlements for digital trades without transaction fees
Both sides have been taking a fresh look at partnering to build on their strengths and hunt together
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