This Week’s Reads: Banking Innovation, Mobile Payments and Retail Spending

Articles via The Financial Brand, Banking Exchange, NCR Blog

  • Three barriers to banking innovation: For banks to succeed in the coming year, they need to focus on customer satisfaction, exploring new ways to improve management and technology innovation, which is outlined in this article.
  • Mobile payments growth exceeds ecommerce: As the number of technology users continues to rise, so does the number of mobile payments. However, a recent survey shows that 58% of people said debit or credit card transactions as payment felt the most secure which shows that there is still a lot of work to be done to prove that paying on a device protects users from fraudulent activity.
  • Cash, cards and phones all used to meet Christmas consumer demand: Retail spending habits indicate that consumers are using a variety of devices such as mobile, the ATM or online, to shop for products this holiday season.

What have you been reading? Let us know in the comments section below or Tweet @bankingdotcom.

Written by Banking.com Staff