Source: Capgemini
Now in its seventh year, the World Payments Report (WPR) from Capgemini, The Royal Bank of Scotland (RBS), and Efma looks at how the global payments landscape is responding to shifts in economic and competitive conditions, advances in technology, increased regulatory pressure, and evolving customer demands.
Payments have weathered the economic crisis well: the volume of non-cash payments globally continued to grow in 2009, albeit at a more modest pace than in recent years. Initial data suggests the growth in volumes picked up again in 2010, but several external and internal factors are driving banks and forcing transformation in the industry.
The World Payments Report 2011 looks first at the global and regional trends in payments volumes; then outlines the potential effects of various regulations and industry initiatives on payments; before exploring how those trends are driving industry transformation.
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