December 20, 2017
Mercator Advisory Group has released its complimentary annual year-end series of “Outlooks” providing insights for the year ahead on trends and new themes that will have a significant impact on the payments and banking industries, consumers, and the ways companies do business in 2018 and beyond. The topics addressed in these Outlooks set the foundation for Mercator Advisory Group’s research agenda for the coming year and provide a framework for key points of engagement that Mercator Advisory Group will have with its clients in 2018.
The 2018 Outlooks are presented by each of Mercator Advisory Group’s Advisory Services — Debit and Alternative Products, Credit (including Merchant Services), Prepaid, Customer Interaction, Commercial and Enterprise Payments, and Emerging Technologies — and can be downloaded without charge.
Download Mercator Advisory Group’s 2018 Payments and Banking Outlooks FOR FREE: http://www.mercatoradvisorygroup.com/forecasts/
2018 Outlook Statements by Advisory Service:
“In early 2017, U.S. debit card transaction volume took an abrupt and steep decline. In 2018, issuers face a new normal with lower and unpredictable growth, compressed margins, and ever-changing fraud challenges. Meanwhile, push payments will make debit cards important as the gateway to consumers’ and small businesses’ transaction accounts. Person-to-person (P2P) payment strategies will become more important to financial institutions as they seek to fend off competition from successful fintech products. Planning faster and real-time payment solutions will reach fever pitch as financial institutions look for profitable use cases and providers aim to make real-time payments ubiquitous.” Sarah Grotta, Director, DEBIT AND ALTERNATIVE PRODUCTS Advisory Service
“2018 will be a year for U.S. credit card issuers to…