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Sector Analysis
NewRomania Cards and Payments – Opportunities and Risks to 2028
Romania Cards and Payments Market Report Overview The annual value of card transactions in the Romania cards and payments market was $62.2 billion in 2023 and will grow at a CAGR of more than 12% during 2024-2028. Romania is a cash-dominated market. However, cash usage will continue to decline over the forecast period amid the growing preference for electronic payments and the country’s improving payment infrastructure. Romania Card Transactions Outlook, 2023-2028 ($ Billion) Buy the Full Report for More Information...
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Consumer Insights
NewMass Affluent Banking in Western Europe – Regional Breakdown by Market Trends, Investment Preferences and Competitor Benchmarking
Mass Affluent Banking Market in Western Europe Report Overview Western Europe has an attractively large segment of the mass affluent population accounting for over 90% of the liquid asset value invested in the region. Equities and mutual funds are the most popular assets besides private pensions and investment properties. Achieving a financially secure and comfortable retirement is the main financial goal of mass affluents. Hence, a large percentage of them prefer accumulating assets instead of repaying their debts. This indicates...
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Consumer Insights
NewMass Affluent Banking in Anglo Region – Regional Breakdown by Market Trends, Investment Preferences and Competitor Benchmarking
Mass Affluent Banking in Anglo Region Report Overview Being financially independent and asset accumulation are the primary goals for mass affluence in Anglo markets. Banks targeting the mass affluent should therefore focus on building savings and investment offerings to expand their customer bases. The ‘Mass Affluent Banking in Anglo Region’ report analyzes the behaviors and preferences of mass affluent customers in the Anglo market. This includes financial goals, banking patterns, investment preferences, and insurance preferences. The report also identifies the...
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Company Insights
NewiDEAL – Competitor Profile
iDEAL - a market leader in Dutch third-party payment services—was established by payment systems provider Currence in 2005. iDEAL offers online payments for Dutch domestic and international shoppers, enabling them to pay for online purchases directly from their bank accounts. iDEAL also enables consumers to carry out other transactions such as utility bill payments, mobile top-ups, and donations. It generates business by offering five types of transactions: domestic ecommerce payments, cross-border ecommerce payments, payments between consumers, non-ecommerce payments, and buy...
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Sector Analysis
Netherlands Cards and Payments – Opportunities and Risks to 2028
Netherlands Cards and Payments Market Report Overview The annual value of card transactions in the Netherlands cards and payments market was $205.1 billion in 2023. The Dutch cards and payments market will grow at a CAGR of more than 6% during 2024-2028. Dutch banks are progressively switching from Maestro and V PAY to Mastercard- and Visa-branded debit cards. Since July 2023, Mastercard and Visa have no longer issued Maestro and V PAY cards. Netherlands Card Transactions Outlook, 2024-2028 ($ Billion)...
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Sector Analysis
Italy Cards and Payments – Opportunities and Risks to 2027
Italy Cards and Payments Market Report Overview The annual value of card transactions in the Italy cards and payments market was $408.5 billion in 2023. The value is expected to grow at a CAGR of more than 10% during 2023-2027. Cash remains an integral part of the Italian consumer payments landscape. The government is making efforts to promote electronic payments including improving payment card acceptance, mandating certain merchant categories to accept electronic payments, and offering tax benefits to merchants for...
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Sector Analysis
Belgium Cards and Payments – Opportunities and Risks to 2028
Belgium Cards and Payments Market Report Overview The annual value of card transactions in the Belgium cards and payments market was $155.6 billion in 2023. The value is expected to grow at a CAGR of more than 3% during 2024-2028. The Belgian payment card market is rapidly growing and continuously innovating. Persistent efforts from Belgian financial authorities and banks ensure a robust banked population. Furthermore, a high level of awareness of electronic payments, and an increasingly developing payment-acceptance infrastructure have...
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Sector Analysis
Germany Cards and Payments – Opportunities and Risks to 2027
Germany Cards and Payments Market Report Overview The annual value of card transactions in the German cards and payments market was $593.5 billion in 2023. The rising adoption of contactless cards, the proliferation of digital-only banks, the emergence of alternative payment solutions, and growth in the e-commerce space will propel the German cards and payments market growth at a CAGR of more than 8% during 2023-2027. Germany Card Transactions Outlook, 2023-2027 ($ Billion) Buy the Full Report for More Information...
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Sector Analysis
Poland Cards and Payments – Opportunities and Risks to 2027
Poland Cards and Payments Market Overview The annual value of card transactions in the Poland cards and payments market was $165.3 billion in 2023. The value is expected to grow at a CAGR of more than 13% during 2023-2027. Payment cards have emerged as the preferred payment instrument in Poland, despite cash still being used by Polish consumers, especially for day-to-day and low-value transactions. Consumers are embracing card-based payments, mainly due to the convenience and improved payment infrastructure offered by...
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Company Insights
BNP Paribas – Digital Transformation Strategies
BNP Paribas Digital Transformation Strategies Report Overview BNP Paribas is investing in AI, cloud, and other digital technologies to develop solutions that can help optimize its banking processes. The annual ICT spending of BNP Paribas was estimated at $2.3 billion for 2023. A major share of this spending is earmarked for acquiring software, network & communications, and hardware from vendors. BNP Paribas offers a range of retail, corporate, and institutional banking solutions. Its retail banking portfolio consists of digital banking,...