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Category: Payments Landscape

Payments Landscape 0

Stark reduction in ATM withdrawals

Figures published today by LINK (the operator of the UK’s ATM switch network) report a stark reduction in ATM cash withdrawals. January 2018 saw 228m ATM transactions, in January 2019 this reduced to 209m transactions and last month the number of ATM transactions in the first month of the year fell for the third year running to just 185m. A […]

Payments Landscape 0

Just five current account switching winners

Just five banks achieved a net gain in customers in Q3 2019 according to figures released today (23 January 2020) by Pay.UK, the operator of the Current Account Switching Service. In first place was Nationwide Building Society who gained 25k customers during the quarter closely followed by challenger bank Monzo who gained 21k customers. HSBC with 17k switchers, and Starling […]

Payments Landscape 0

For the record

I didn’t recommend ‘For The Record’ by David Cameron in my recommended reading list. However, maybe I should have done as David’s memories of Downing Street includes a memorable shout out to my contribution to the UK’s payments landscape. “Challenger banks like Monzo grew out of the reforms that made it easier for people to change their current accounts by […]

Payments Landscape 0

P27 in Action: Setting the pace for 2020

From Finextra: Lars Sjögren, CEO, P27 & Liz Oakes, EVP, Market Development, New Payments Platforms, Mastercard, speak at NextGen Nordics: P27 Momentum about moving the Nordics from a fragmented landscape into one platform to improve security and encourage collaboration, the ambition involved in creating this cross-border, multi-currency platform and the importance of transparency around conflicting interests between competitors.

Payments Landscape

New podcast from Fintech Insider

Checkout the latest Fintech Insider podcast: Chime quadruples valuation in less than a year (03:30) Robinhood tops 10 million accounts (15:48) Goldman to bring wealth management to the masses (31:32) Paul A Volcker, Former Fed Chairman, Dies at 92 (37:57) SoFi founder raises $100 million for new company (40:40) Andreessen-backed fintech’s ‘abusive’ boss sued for gender bias (49:50) One-digit sort […]