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Analyst Opinions
Alternative Payment Solution: SOFORT
SOFORT is a market leader in online banking-based payments in Germany and Austria. It was launched in 2005 as Payment Network, and renamed SOFORT in 2012. The solution is now accepted across 13 countries in Europe: Germany, Austria, Switzerland, Belgium, France, the Netherlands, the UK, Italy, Spain, Poland, Hungary, Slovakia, and the Czech Republic, with a user base of 20 million customers. The solution offers online banking-based direct payments for online purchases from domestic and international merchants. It allows customers...
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Sector Analysis
Consumer Payments Country Snapshot: Indonesia 2016
"Consumer Payments Country Snapshot: Indonesia 2016", report examines the consumer payments market in Indonesia, considering payment cards, online payments, P2P payments, and newer payment technologies such as mobile wallets and contactless. The report also examines the main regulatory players overseeing the market. Indonesia remains a cash-driven economy, although new payment technologies are expected to gradually increase in importance, with e-commerce and mobile payments in particular predicted to drive significant growth and opportunities through 2021. The modernization of the country’s payments...
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Sector Analysis
Payments Landscape in Iran: Opportunities and Risks to 2022
GlobalData’s 'Payments Landscape in Iran: Opportunities and Risks to 2022' report provides detailed analysis of market trends in the Iranian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cards and cheques during the review-period (2014–18e). 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 during the review-period and over the...
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Sector Analysis
Payments Landscape in Peru: Opportunities and Risks to 2023
GlobalData’s 'Payments Landscape in Peru: Opportunities and Risks to 2023' report provides detailed analysis of market trends in the Peruvian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cards, credit transfers, direct debits, and cheques during the review-period (2015–19e). 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 during the...
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Company Insights
Competitor Profile: Canadian Imperial Bank of Commerce
CIBC offers a wide range of banking and financial services through its strategic business units. It has launched several in-house innovation hubs, invested in fintech companies, and signed partnerships with technology providers as part of its digital transformation strategy. The bank has also helped to establish various innovation hubs by connecting with fintech companies. It has mostly invested in and partnered with companies that enable it to optimize operational procedures and costs for itself and its business clients. It has...
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Company Insights
Competitor Profile: N26
This report provides a comprehensive overview of N26. It looks at the bank’s history from its formation in 2013 through to the present day. The report also considers N26’s performance and looks at its funding. It examines N26’s partners and how the bank is using open banking to imbed their services into its mobile banking app. The analysis compares key aspects of N26 against its competitors and the products and services they provide. N26 is a digital-only bank that is...
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Sector Analysis
Payments Landscape in Romania: Opportunities and Risks to 2022
GlobalData’s 'Payments Landscape in Romania: Opportunities and Risks to 2022' report provides detailed analysis of market trends in the Romanian 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 (2014–18e). 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 during...
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Sector Analysis
Payments Landscape in Venezuela: Opportunities and Risks to 2022
GlobalData’s 'Payments Landscape in Venezuela: Opportunities and Risks to 2022' report provides detailed analysis of market trends in the Venezuelan cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cards, credit transfers, direct debit, and cheques during the review-period (2014–18e). 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 during the...
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Sector Analysis
Retail Banking Market Dynamics: UAE 2018
This report identifies the macroeconomic and competitive dynamics that impact upon the UAE's retail banking market. It provides insight into the outlook for deposits, credit cards, personal loans, and mortgages; net changes in market share across all four product areas; and overall financial performance, including profitability, efficiency, and income sources. The retail deposits market in the UAE witnessed steady growth during 2014–18, and is expected to continue along the same trend over the forecast period. The credit card and mortgage...
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Company Insights
Competitor Profile: Tandem
Tandem is a provider of mobile retail banking services. Its banking app enables customers to see all their financial information in an intuitive and engaging way. It currently offers a cashback Mastercard credit card, a Mastercard credit card for people with limited credit histories, and a range of fixed-term savings accounts. This report provides information and insights into Tandem, including - - Detailed insight into its business and geographical presence. - Comprehensive coverage of its products and services. - Comparative...