World Payments Report 2018
(WorldNews Africa)

Paris, October 16, 2018 - Digital payments are experiencing a boom, driven by developing markets, according to the World Payments Report 2018 launched today from Capgemini and BNP Paribas. However, the innovation landscape in payments is uncertain as BigTech[1] entrants make their presence felt, and incumbents face technical and regulatory complexity in the development of new collaborative payments ecosystems between themselves and FinTechs. The report finds that it will take more than bank-led initiatives to grow the new payments landscape. The broader financial services community - including public-sector organizations, regulators and third parties - must determine their new roles and work...