... London-based McKinsey partner and report co-author. McKinsey Panorama report that almost 80% of financial institutions have established a fintech partnership CB Insights data reveals how global venture capital (VC) fintech investments in 2018 were up to $30.8 billion, compared with $1.8 billion in … We’ll discuss: Drawing upon our deep experience in the payments industry and findings from the Accenture Global Payments Pulse Survey 2019, we see two complementary, interconnected and interdependent ways on how banks can use innovation to add value in the IIF payments world and win big: via scale and … Optimism can be found only in pockets, notably in North America and in the premium and luxury segments, aided by their strong performance in 2018. Detailed information on the use of cookies on this Site, and how you can decline them, is provided in our cookie policy. The report, titled Global Payments 2019: Tapping into Pockets of Growth is being released today. McKinsey Global Fashion Index (MGFI) forecasts growth of 3.5 to 4.5 percent for 2019, slightly below 2018 growth, predicted at 4 to 5 percent. Payments revenue as a percentage of banking will only continue to increase. There are plenty of reports out there about global payments, but there are a couple that are particularly noteworthy. There may be no better time than now for banks to reimagine transformation and pursue strategic change in 2019. Global payments revenue in the first six months of 2020 contracted 22 per cent, or $220 billion, from a year ago due to the impact of the Covid-19 pandemic, according to a new report by McKinsey & Company. BCG’s Global Payments 2018 report ex-amines the challenges and opportunities they will create over the next ten years. Cashless Is King The move away from cash and toward digital payments has lifted payments revenues MARKET … The report highlights We cover the latest disruptive payments industry news: fintech, product launches, payment industry leaders, disruptive payments technology, developing market … We look at the state of the market, both globally and in different geographic regions, and explore the pain points that pro - viders must address to turn payments into a long-term … McKinsey’s new research report, with insight on shifting consumer sentiment over a five-week timeframe of the global pandemic in 42 countries is an eye-opener. … One of them is the McKinsey offering – this year the McKinsey report is titled Global Payments 2015: A Healthy Industry Confronts Disruption.The Global Payments report hits upon all of the key … Global Trends Payments is a diverse space. Leveraging 15 years of data across 43 markets, our award-winning resources and expertise provide impartial, up to date analysis on the issues shaping the future of payments. This 17th annual study by BCG outlines recent developments in the payments market globally and regionally, explores how retail providers can find the green shoots that will have the greatest impact in the 2020s … ... October 15, 2019. 2019 Banking and Capital Markets Outlook: Reimagining transformation. The World Payments Report 2020 from Capgemini is the leading source for data, trends and insights on global and regional non-cash payments, the key regulatory and industry initiatives (KRIIs), and today’s dynamic payments environment. Under this scenario, global GDP would contract by 4.7% in 2020, which could lead to a decline in global payments revenues in excess of $210 billion, around 10 to 12% of pre-crisis levels. 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