Here are some interesting statistics about the US payment system (as extracted from the 2013 Federal Reserve Payments Study) The estimated annual number of unauthorized transactions (third-party fraud) in 2012 was 32.3 million, with a value of $6.4 billion. Among general-purpose card payments in 2012, card-not-present fraud rates were estimated to be approximately 3 times card-present […]
Did you know that eBay Motors sells 13,000 cars per week from its website, via the mobile app alone?
Though this is relatively a dated document, this condensed survey outcome done by World Bank provides a very solid outlook on the various payment systems worldwide. The report can be downloaded from here.
Here is a great report published by the Anthemis Group Summary: The Global Innovation Jury The Global Innovation Jury convenes a large panel of payments industry leaders from around the world every two years. This is the third Payments Innovation Report based on their deliberations. Ixaris as a payments provider with a strong track record […]