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A third of Americans named cash as their favourite means of payment
The Federal Reserve is researching the case for a central bank digital currency
Q3 2019 figures indicate “sound credit management” by consumers as total number of accounts falls for only the second time in seven years
$37.4 billion worth of M&A deals completed in Q4 brings FY2019 total to $87.2 billion – 1.8 times more than previous year
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
Credit card late payments fell but auto, home and personal loans all saw delinquencies rise in Q3
Citigroup yields much of its retail banking revenue from its credit cards and enjoyed double digit gains year over year
Plaid is a payments network that enables users to connect their financial accounts to third-party mobile applications
Banking customers will increasingly choose convenience over risk
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