The End of the European Cards Business?

9th October 2018

Peter Jones presented in Frankfurt last week to an august audience of senior German payments experts, at the PaySys breakfast event, on his perspectives on the future for cards. Is the cards model dead? Can it evolve to respond to the challenges of instant payments and the ubiquitous, low cost, credit transfer? What are some of the issues associated with the credit transfer that the cards market has already addressed?

 

If you would like to hear more about innovative topics such as this, come along to our conference on 14th November!

 

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18 October 2019

Industry Videos

Dutch cashierless store trial

ING is working with supermarket chain Albert Heijn and US AiFi on a cashierless store trial.

Users gain access by scanning their debit card, with cameras and ‘smart shelves’ tracking purchases and automatic payment on exit. Similar to Amazon Go but does not require an app.

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