Biometric payments: convenient or creepy?
Biometric identity checks could hold the key to countering fraud and offer a more convenient way of paying, but obstacles may stand in the way of widespread adoption
Future of Payments 2018
Innovation in the payments sector is set to make cash and card look as old fashioned as bartering with livestock, and financial companies are scrambling to keep up. The Future of Payments report, published in The Times, details the sluggish progress of open banking, while China sprints ahead with highly developed mobile payment systems. From blockchain to biometrics, it explores the technological advances changing the face of how we pay, alongside comment on lingering gender inequality in the financial sector and an infographic on the battle for digital wallets
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In this report
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Are banks done? Four possible visions for the future
Possible outcomes of current disruption in the payments industry could take a number of forms. Here are four favourites
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Can blockchain ease global payments?
Bold claims that blockchain can transform the payments industry, particularly in cross-border transactions, may soon be put to the test
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The future of fintech is in payment innovations
A series of innovations in the payments sector is driving change elsewhere in the UK economy and beyond
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Open banking is coming, but itâs taking its time
Slow to take off, open banking could yet transform financial services and offer better deals for banking customers
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Win by default: providers battle to be card of choice
Becoming consumersâ default payment option, particularly in digital wallets, is an increasing challenge as incumbents and newcomers alike try to keep pace with developments in technology
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Chinese payment giants are lightyears ahead
Mobile payments apps have leapfrogged credit and debit cards in China, signposting the way forward for the rest of the world
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Thoughtful innovation: Whatâs next for the payments industry?
In a rapidly evolving world, payment systems must meet the challenge of agile development without sacrificing the trust and stability upon which the industry is built, says leaing payment systems provider Vocalink, a Mastercard company
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Blockchain heralds evolution of the gold standard
Whatâs old is new as gold-based cryptocurrencies rejuvenate the role of precious metals as mediums of exchange, while also bringing stability to a market marred by volatility
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Biometrics will be at the heart of the global contactless push
The easier it is for consumers to pay, the more likely they will complete their purchases. Biometric payment cards with fingerprint recognition allow what was previously impossible â cards that are ultra quick to use, yet have powerful security
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Easy-to-use security is key to frictionless future
Consumers are increasingly using frictionless payment methods, from contactless to in-app and voice-activated. But before these new ways to pay become the norm, people need to be comprehensively reassured of the benefits
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Banking âas a serviceâ simplifies payments for businesses
Automation technologies are enabling businesses to drastically reduce the costs and complexities involved in building and providing payments solutions, while removing the burden of dealing with an ever-complicated regulatory landscape
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Supply Chain Resilience 2020
Coronavirus has highlighted the fragility of global supply chains, so what needs to be a priority when rebuilding for future resilience? Our Supply Chain Resilience special report, published in The Times, examines the importance of last-mile delivery, the future warehouse, the obstacles of reshoring, and more! The featured infographic looks at how COVID-19 has impacted global supply chains, how theyâre faring now, and plans for the future.
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Understanding Pensions 2020
With the number of retirees set to surge, what impact could this have on the global economy and the pension industry? Our Understanding Pensions special report, published in The Sunday Times, explores how to cope with the pensioner boom, investing with conscience and impact, master trusts, and more. It also features an infographic on if the auto-enrolment scheme has worked to close pension gaps.
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Future of Work & Collaboration 2020
With government guidelines changing, should businesses focus on long-term remote working instead of return to office? Our Future of Work & Collaboration special report, published in The Times, explores how teamwork has evolved, enabling a borderless talent pool, job-sharing trends, and more. The feature infographic examines how well we communicate and collaborate while remote working and how technology is helping.
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Future of 5G 2020
Where will 5G have the biggest impact in your everyday life? From healthcare to retail, it is set to cause disruption. Our Future of 5G special report, published in The Times, explores how 5G could help kickstart the economy post-pandemic, the politicisation of 5G, the forced removal of Huawei, and more. The featured infographic looks at a 5G world and which countries are leading the way.