-
Company Insights
Ascenda – Competitor Profile
Ascenda is a global provider of loyalty solutions, offering reward propositions for major financial services providers and travel brands worldwide. Ascenda offers a suite of technology solutions to financial companies and merchants globally, enabling them to manage their loyalty programs more effectively. It manages the complete value chain of loyalty marketing program campaigns - from customer segmentation to design and implementation. It also offers TransferConnect, a loyalty program connection platform that enables Ascenda’s clients to connect with major global reward...
-
Analyst Opinions
POLi – Competitor Profile
POLi is an online payment solution offered by POLi Payments. Launched in 2006, it is currently available in Australia and New Zealand. The solution offers online banking-based payment services and is used to make payments to online retailers, utility service providers, airline operators, and government agencies. The solution allows users to pay for online purchases directly from their bank account without the need for a payment card. Merchants receive instant payment acknowledgment, allowing them to immediately supply goods or services...
-
Analyst Opinions
Square – Enterprise Tech Ecosystem Series
The annual ICT spending of Square was estimated at $199.0 million for 2020. A major share of this spending is earmarked for acquiring software, consulting, and hardware from vendors. Square is a financial technology company whose tools help businesses and individuals become part of the fintech ecosystem. The company revolutionized the payment industry in 2009 by launching Square Reader, making it possible for anyone to accept card payments using their smartphone or tablet. Square specializes in providing payment processors and...
-
Company Insights
Ondot Systems – Competitor Profile
Launched in 2011, Ondot Systems is a US-based provider of card management, payments monitoring, and customer engagement solutions. It offers card control and alert solutions to financial institutions, enabling their card holders to control the usage of their debit, credit, and prepaid cards by setting specific parameters. These include limits on spending; use by channels such as in-store, online, and mail order; and use for merchant categories such as groceries, gas, entertainment, and travel. The company supports Visa- and Mastercard-branded...
-
Sector Analysis
The Cashless World – Evolving Payment Environments in Key Asia Pacific and Western Markets
The depth of internet connectivity and smartphone penetration in many markets means it can be very easy to drive the adoption of cashless payments, but the path to moving away from cash has become very different between markets. Cashless payments in most developed markets are still focused on payment cards, while in a lot of developing markets consumers are leapfrogging from cash to mobile payments. Compared to when payment cards were first introduced, the options for cashless payments and the...
-
Company Insights
Tyro – Competitor Profile
Founded in 2003, Tyro Payments is an Australia-based neobank and the first EFTPOS provider in the country since 1996. Tyro offers payment solutions through bank accounts, loans, and deposits. One of its main activities is EFTPOS acquiring focused on SMEs. It also offers online payment acceptance through its eCommerce platform. In addition, Tyro offers Tyro Connect, an integration hub that allows hospitality businesses to connect their menus, orders, and payments in a single app. The company has operated as a...
-
Company Insights
Starbucks Mobile Wallet – Competitor Profile
Starbucks - one of the world’s most popular coffee chains - launched Starbucks Mobile Wallet (or Starbucks Mobile App) in September 2009, enabling users to make in-store payments at Starbucks outlets on a closed-loop basis. To make a payment, users need to open the barcode on their mobile app and scan it at a Starbucks terminal. The amount is deducted from the user’s wallet balance. The solution was initially launched in select locations and to select users in the US....
-
Company Insights
Bambora – Competitor Profile
Founded in 2015, Bambora is a global merchant acquiring solutions provider that enables merchants to accept in-store and online payments in over 100 currencies. For in-store payments, Bambora offers both regular and wireless POS terminals to merchants. For Bambora’s merchant clients, POS hardware is provided by Ingenico while software is offered by Bambora. The terminals are equipped with additional features such as NFC, dynamic currency conversion, and invoice payments. For online payments, Bambora offers Bambora Checkout, enabling merchants to accept...
-
Analyst Opinions
Fintech 3.0 – The Revolutionary Impact of Technology in Banking
Open banking stands out to be the game-changer in the banking sector’s digital transformation due to the API innovations driven by the rise of fintech-bank collaborations. Some of the innovations enabled by opening the APIs of banks to third-party providers (TPPs) are automated onboarding, smart budgeting, account aggregation, automated accounting, and credit risk assessment. Digital-only banks are increasingly the preferred route for banking, predominantly among millennials because of their strong attachment to smart devices. Contactless payments have garnered significant traction...
-
Sector Analysis
Italy Cards and Payments – Opportunities and Risks to 2024
GlobalData’s 'Italy Cards and Payments - Opportunities and Risks to 2024' report provides detailed analysis of market trends in the Italian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, direct debits, and cheques during the review-period (2016-20e). The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes...
Sign up to receive regular alerts for our latest analysis and reports. No matter your industry focus, you can keep your finger on the pulse with our timely updates.