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Search Results: White-Papers

Retailers to Lose 71 Billion Dollars in Card-not-Present Fraud Over the Next 5 Years

June 20 – New data from Juniper Research has found that retailers stand to lose $71 billion globally from fraudulent CNP (Card-Not-Present) transactions over the next 5 years. The research found that a number of factors, such as the USA’s shift to EMV cards, delays in 3DS 2.0 (3D-Secure) and click-and-collect fraud were key drivers behind the rise.

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Cybercrime Costs to Business Forecast to Exceed 8 Trillion Dollars in Next 5 Years

May 31 – A new report by Juniper Research has found that criminal data breaches will cost businesses a total of $8 trillion over the next 5 years, due to higher levels of connectivity without an appreciation of the additional actions necessary to make such systems secure.

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Cards to Dominate Global Contactless Transactions, Representing 80% of Total in 2019

May 15 – New data from leading fintech analysts, Juniper Research, forecasts that the global value of contactless transactions made via payment cards, mobile and wearables, will reach $1.3 trillion by 2019, more than doubling from an estimated $590 billion in 2017.

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Mobile Biometric Payment Volumes to Triple in 2017 to Nearly 2 Billion

May 8 – A new study by Juniper Research has found that the number of mobile payments authenticated by biometrics will rise to nearly 2 billion this year, up from just over 600 million in 2016.

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P2P Money Transfers to Drive Digital Payment Growth

A new study by Juniper Research has found the value of digital payments will approach $3.9 trillion this year, representing an increase of more than 14% on last year’s total. While the bulk of transaction value (55%) will be accounted for by online retail purchases for physical goods, P2P (Person to Person) money transfers will see the largest year-on-year net increase in value ($200 million).

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A Seamless Society Demands Omnichannel Banking

 

 

By Shane Ferrell

The digital evolution has brought new and uncharted challenges to financial institutions, namely keeping the consumer experience consistent across digital, mobile, ATM and in-branch channels. To help banks face these challenges, omnichannel banking has emerged as the solution.

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Whitepaper: Open API Survival Guide for Banks

DH Corporation, a leading provider of technology solutions to financial institutions globally, has published a white paper to guide banks as they consider the impacts and opportunities of open Application Programming Interfaces (“open APIs”) on their payments businesses. Titled “Open APIs: A Survival Guide for Banks,” the paper explores the driving forces behind the open API movement, including the proliferation of new immediate payments schemes, regulations like PSD2, and the rise of FinTech service providers. Through real-world examples, it shows how financial institutions worldwide are deploying and benefiting from open API-based initiatives. Balancing time-to-market considerations with the realities of legacy technology environments, it also sets forth a comprehensive roadmap for banks seeking to pursue an open API enablement strategy.

“Open APIs are the vital glue holding together the interconnected ecosystems that will make up the future of banking and payments services, and will serve as a catalyst to foster innovation,” says Veejay Jadhaw, Chief Technology Officer, Global Payments Solutions, D+H. “In strategically approaching the decision on whether – or, more likely, how – to embrace open APIs, a bank can both clarify its future direction and strategy, and also secure its desired competitive positioning in the industry.”

To receive a copy of Open APIs: A Survival Guide For Banks, go to: http://www.dh.com/resources/white-papers/open-apis-survival-guide-banks

About D+H
D+H (TSX: DH) is a leading financial technology provider that the world’s financial institutions rely on every day to help them grow and succeed. Our global payments, lending and financial solutions are trusted by nearly 8,000 banks, specialty lenders, community banks, credit unions, governments and corporations. Headquartered in Toronto, Canada, D+H has more than 5,500 employees worldwide who are passionate about partnering with clients to create forward-thinking solutions that fit their needs. With annual revenues in excess of $1.5 billion CAD, D+H is recognized as one of the world’s top FinTech companies on IDC Financial Insights FinTech Rankings and American Banker’s FinTech Forward rankings. For more information, visit dh.com.

PSD2 Heralds Banking Disruption

December 7 – As 2016 draws to a close Juniper Research has drawn up a list of predictions for the coming year, all neatly wrapped up as the top trends for the technologies industries for 2017. A free report and slide set detailing the findings are available to download from the Juniper website today.

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Fintech Platform Revenues for Lending & Financing to Exceed 10 Billion Dollars By 2020

November 16 –  Juniper Research has found that Fintech platform revenues to support lending and financing are set to reach $10.5 billion globally by 2020, doubling the $5.2 billion expected this year.

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Mobile Banking Users to Reach 2 Billion by 2020

October 18 – New research from leading Fintech analyst, Juniper Research, finds that over 2 billion mobile users will have used their devices for banking purposes by the end of 2021, compared to 1.2 billion this year globally. Growth in mobile banking is being driven by consumer adoption of banking apps the changing way consumers manage their finances.

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