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Sector Analysis
Retail Banking Market Dynamics: Australia 2018
"Retail Banking Market Dynamics: Australia 2018", report identifies the macroeconomic and competitive dynamics that impact upon the Australian 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 and mortgage markets in Australia reported strong growth rates during 2013-17, but are expected to decelerate in the next five years. The...
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Sector Analysis
Lending Landscape in Australia: Opportunities and Risks to 2023 (including Consumer Survey Insights)
Australia’s total loan balances outstanding (including credit card balances, personal loan balances, and residential mortgage balances outstanding) recorded a healthy compound annual growth rate (CAGR) of 5.7% during 2014–18 to reach A$1,957.0bn ($1,378.9bn). The majority of Australia’s loan balances outstanding come from home loans. However, the improvement in the overall health of the economy, coupled with increasing income levels and declining unemployment, is expected to impact the growth in total loan balances outstanding in the coming years. Additionally, high household...
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Analyst Opinions
Consumer Payments Country Snapshot: Netherlands 2016
The Dutch payments market is highly mature, with consumers very comfortable using debit cards and online payment channels (especially local brand iDEAL, backed by wide acceptance and a convenient user experience). In spite of a high level of consumer comfort with established payment instruments, recent developments in mobile proximity payments as well as contactless technology by the likes of ING, Rabobank, and ABN Amro will see these payment options gain traction among Dutch consumers. Of course, in the initial stages...
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Sector Analysis
Consumer Payments Country Snapshot: Netherlands
In contrast to the high penetration of debit cards, credit and charge cards are held by relatively few consumers. E-commerce accounts for the vast majority of online purchases by value in the Netherlands, although m-commerce is expected to record a compound annual growth rate of 22% between 2015 and 2019. The Dutch debit card market is dominated by three big players – ABN Amro, Rabobank, and ING – which are so important to the economy as to be tacitly supported...
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Sector Analysis
Payments in the Netherlands 2017: What Consumers Want
"Payments in the Netherlands 2017: What Consumers Want", report examines the consumer payments market in the Netherlands, 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. The Dutch payment cards market is mature, with a high penetration rate of 1.9 payment cards per inhabitant. The market is dominated by debit cards, as consumers perceive them to be more secure, cost-effective, and...
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Sector Analysis
Payments Landscape in the Netherlands: Opportunities and Risks to 2021
GlobalData’s "Payments Landscape in the Netherlands: Opportunities and Risks to 2021", report provides detailed analysis of market trends in the Dutch cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, cash, direct debit, payment cards, and cheques during the review-period (2013-17e). 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...
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Sector Analysis
Netherlands Retail Banking: Opportunities and Risks to 2023
The Netherlands’ total loan balances outstanding (including credit card balances, personal loan balances and residential mortgage balances outstanding) recorded a CAGR of 0.9% during 2014-18, to reach €737.9bn ($848.1bn) in 2018. The country’s household debt fell within the top 10 countries globally in 2018. The majority of the Dutch loan balances outstanding are from home loans; residential mortgage balances outstanding accounted for 95.5% of total balances outstanding in 2018, followed by personal loans (4.3%) and credit card loans (0.2%). However,...
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Company Insights
Compass Group Plc – Enterprise Tech Ecosystem Series
Compass group has dedicated teams in North America for developing digital platforms, and formulating data analytics led strategies, which evaluates and anticipates emerging food and consumer trends at a local, regional and global level. The key technologies under focus for the company are big data, cloud, digital media, digitalization, internet of things, online & mobile payments and robotics. The company has been forging partnerships with tech startups, and other companies to develop innovative solutions and tap new markets Compass's key...
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Analyst Opinions
Competitor Profile: iDEAL
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 recharging, and donations. In terms of transaction volume, iDEAL is the preferred method of online payment in the Netherlands. More than half of online purchases...
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Sector Analysis
Australian Retail Deposits 2019: Review, Forecasts, and Future Opportunities
The Australian retail deposits market has been characterized by weaker growth of 5% in 2019 (A$1,168bn [$764bn]) compared to previous years and is forecast to grow close to that level until 2023. Weak GDP growth and poor consumer sentiment have persuaded consumers to save rather than spend, despite falling interest rates. The shrinking gap between deposits products has led to a market preference for on-demand deposits over term deposits. Meanwhile, fee income has fallen for the first time in years,...