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    Ovum

    News stories featuring Ovum:

    European spend on payments technology to rise

    April 26th, 2016

    Nearly three quarters of European retailers and financial institutions (71%) plan to increase their spending on payments technology in the next 18 to 24 months due to increasing competition and a feeling of being “under siege”, research from ACI Worldwide and Ovum shows. “Banks are seen as the primary provider of payment services by European retailers,” says ACI Worldwide. “87% want to work directly with banks.”

    Nearly 1bn to use NFC payments by 2019

    February 25th, 2016

    A total of 1.09bn people will be making mobile proximity payments globally by 2019, of which 939.10m will be made through NFC, Ovum’s new m-payments forecast reveals. The total transaction value of mobile proximity payments will grow from US$4.77bn to $141.21bn over the same time period. More

    Execs look to disrupt payments value chain

    June 4th, 2015

    Nearly half (44%) of payment executives globally cite reducing the number of fee collectors in the payments value chain as their “top opportunity”, ranking higher than targeted offers (41%) and mobile (39%), ACI Worldwide and Ovum reveal. Some 59% are evaluating direct connections with banks to cut reliance on card networks and 85% of banks want closer ties with organisations to reduce costs.

    84% of banks and retailers plan to invest in mobile payment technology

    May 1st, 2015

    The “overwhelming majority” of financial institutions and retailers are currently investing or planning to invest in new payment technologies within the next 18 to 24 months, with online (86%) and mobile payment technologies (84%) topping… More

    Interest in mobile payments grows

    July 29th, 2014

    Some 53% of consumers globally report they have either used or are interested in redeeming offers and coupons with their phones, while 44% have used or are interested using their mobile device to pay for things in stores and restaurants, according to new research from Ovum. “Combined rewards and offers in conjunction with mobile payments are set to be a common feature in the near term as a means to reach consumers and drive spending in new ways,” the analysts conclude.

    NFC news in brief • 6 June 2011

    June 6th, 2011

    News in brief from the NFC world and beyond: M-Pesa revenues soar • Google Offers trial gets underway • Tyfone expands team • NXP’s partner programme • SVB picks EMV • British consumers ‘not comfortable’ with location-based services • SCM launches plug-in NFC reader • Elephant Talk to unveil NFC mobile wallet platform • and more… More

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