1 week Ago By Frank Gargano
Whether it's digital wallet adoption, biometric authentication or payments platforms, consumer habits are the driving force behind industry-wide payments investments. Research published by American Banker in March found that 51% of payments leaders identified changing consumer habits as the top factor spurring investments into payments franchises this year. Faster settlement through real-time networks like the RTP Network or the Federal Reserve's FedNow system is a growing trend in the industry, and garnered 43% of respondents.
Read the full, exclusive research report from American Banker here: Forecasting the Future of the Payments Industry, 2025 Other noteworthy aspects include cross-border payments improvements, creating alternatives to buy now/pay later products and smoothing the consumer checkout experience. Relevant links: JPMorgan, Ingenico test appetite for biometrics at checkout How Walmart became a battleground for BNPL industry Inside Afterpay's integration with Cash App Card.
