Centro de Documentacion de Fundación MAPFRE - The Future of European payments : strategic choices for banks

Publication: New York : McKinsey & Company : Euro Banking Association, 2020Physical description: 23 p.Notes: Resumen: This paper is based on research and analysis undertaken by McKinsey & Company and the Euro Banking Association between November 2019 and November 2020. Payments and accounts services are at the core of banks' offering to customers. They contributed about a third of European banks' total revenues in 2019, and represent banks' leading source of customer interactions. Banks' payments revenues have grown steadily at about 3 percent per year over the past six years. However, some specialist payments providersprocessors, acquirers, schemes, and othershave achieved double-digit growth rates over the same period. This suggests that banks' traditional role at the centre of the payments ecosystem may be coming under challenge.Materia / lugar / evento: Servicios de pago Sistemas bancarios Perspectivas económicas Futuro Europa Otros autores: McKinsey & Company
Euro Banking Association
Other categories: 921.91