Home » Consumer Finance

167 posts categorized "Consumer Finance"

May 18, 2015

American Express's Plenti Launch

Kendrick SandsAnalyst Insight by Kendrick Sands - Senior Consumer Finance Analyst

View Kendrick Sands's profile on LinkedIn

The first US coalition loyalty programme which allows point transfers across companies was recently launched by American Express. The initial merchant partners include AT&T, Exxon, Macy’s, Mobil, Nationwide, Rite Aid, Direct Energy, Enterprise and Hulu. The innovative reward platform has a variety of unique selling points and has potential for American Express to reach a wide range of additional US consumers. Following the loss of the network’s co-branded exclusivity agreement with Costco as well as JetBlue, the network faces a significant decline in total processed payment value in 2016. To offset this decline the network has looked to other co-branded agreements and pre-paid and digital platforms. The acquisition of Loyalty Partner in 2011 by American Express for US$685 million sharpened the network’s focus on international loyalty programmes and has since proved successful in Germany, Poland and India. The network has long been known to offer lucrative benefits to its affluent and corporate clientele and has been aggressively trying to capture consumers outside of these segments with limited success in recent years. The Plenti platform, if additional merchant partners are included, could have the potential to do so.

Continue reading "American Express's Plenti Launch" »

May 12, 2015

Brazil's Business Environment: Consumption in Economic Slowdown

250_brazilBusiness-v1.0On the surface, Brazil looks like an attractive market. It is the seventh largest global economy and has a population of 200 million, with high consumer expenditure and high demand for commodities.
But Brazilians are spending less, industrial confidence is deteriorating, and inflation is rising, meaning a future of slow growth and economic recovery.

Consumer goods companies operating in Brazil need to adapt their strategy to integrate the global market place. What are the reasons behind this slowdown and how can organisations work it to their advantage? 

Download our white paper today to learn:

› How Brazil’s rapid currency depreciation has affected its economy and consumers 

› Which consumer industries are slowing down and which have new opportunities

› Why the middle class is changing Brazil’s economic landscape

Download-Now

April 22, 2015

Euromonitor to Speak at Cards & Payments Asia 2015

CPA2015

Location: Suntec Convention and Exhibition Centre, Singapore
Date:  22-23 April, 2015

Event Description: The leaders in the industry showcase their products, services and solutions at Asia's largest cards & payments exhibition. 10,000+ executives from banks, retail, telecoms, transport, government and enterprise visit the exhibition every year. The conference brings together cutting-edge innovators in the evolution of commerce.

Continue reading "Euromonitor to Speak at Cards & Payments Asia 2015" »

March 4, 2015

The Rising Power of Female Consumers

Female-Consumer-Banner

The global female population totalled an estimated 3.6 billion in 2014 and is expected to reach 4.2 billion by 2030. Average disposable income amongst women is the highest it's ever been, and women are living longer than men.

What are you doing to reach this growing market?

Recording
View now to learn:

  • The size and distribution of the female consumer market
  • Literacy and education rates
  • Labour participation
  • Purchasing power

 

Continue reading "The Rising Power of Female Consumers" »

March 2, 2015

Samsung Betters Apple and Others in Mobile Payments War

Michelle EvansAnalyst Insight by Michelle Evans - Senior Consumer Finance Analyst

View Michelle Evans's profile on LinkedIn

The mobile payments war has heated up with the official arrival of Samsung onto the scene. The world’s largest smartphone manufacturer unveiled its new mobile payment system, Samsung Pay, at the Mobile World Congress in Barcelona on Sunday.

Samsung Pay, which will be available on its new line of smartphones including both the Galaxy S6 and Galaxy S6 Edge, will launch this summer in the US and South Korea. The South Korean smartphone manufacturer expects to expand the mobile payments service to Europe and China thereafter. Samsung Pay works when a user launches the service and then confirms payment with his or her fingerprint. This mobile payments service will use NFC chips to communicate with compatible POS terminals as Apple Pay does today, but a recently acquired technology will enable the Samsung Pay system to work with traditional card swipe readers as well.

Continue reading "Samsung Betters Apple and Others in Mobile Payments War" »

February 28, 2015

Euromonitor to Speak at CARTES America 2015

CARTES-America

Event Name: CARTES Secure Connexions – America

Dates: May 5-7, 2015

Location: Washington, DC

Description: The Global Event for Payment, Identification and Mobility - CARTES SECURE CONNEXIONS AMERICA will take place in Washington, DC, May 5-7, 2015 for its 4th edition. The 2014 event attracted attendees from more than 50 countries, with 166 companies exhibiting, a 20 percent increase from the CARTES SECURE CONNEXIONS EVENT in 2013.

CARTES SECURE CONNEXIONS AMERICA hosts a top-quality, three-day conference uniquely concentrated on North American issues for senior level decision makers. In addition, the show floor features one of the largest cross-sections of the industry suppliers, representative of the full supply chain. Register with a 20% conference discount and free expo hall badge as a Euromonitor International subscriber using promo code: EURO15!

Continue reading "Euromonitor to Speak at CARTES America 2015" »

What the Loss of the Costco Co-branding Partnership Means for American Express

Kendrick SandsAnalyst Insight by Kendrick Sands - Senior Consumer Finance Analyst

View Kendrick Sands's profile on LinkedIn

American Express recently reported that its Costco exclusivity agreement that had been in place for 16 years would come to an end in 2016. Both Costco and American Express cited an impasse on terms that would make it “economical” as the justification for the termination. A similar agreement was cancelled in Canada last year between the two companies and could provide some insight into what the future relationships between Costco and American Express will look like going forward in the US. Co-branding presents a sizable opportunity for card networks and issuers beyond immediate revenue from payment volume. The loans and access to a particular consumer segment can provide an initial contact point for additional financial service cross-selling. However, in an increasingly competitive environment for co-branding partnerships among networks, the share of profit created from the programs may continue to shift toward retailers.

Continue reading "What the Loss of the Costco Co-branding Partnership Means for American Express" »

February 19, 2015

Samsung Readies for its Entry into Mobile Payments

Michelle EvansAnalyst Insight by Michelle Evans - Senior Consumer Finance Analyst

View Michelle Evans's profile on LinkedIn

Rumors have been rampant for a number of months that Samsung Electronics would announce its entry into the still-burgeoning mobile payments arena when it debuts its next line of smartphones in conjunction with the upcoming Mobile World Congress next month. Samsung gave mobile-payment watchers a sneak peek of those plans on Wednesday.

The announcement that the South Korean smartphone maker plans to acquire US-based start-up LoopPay is as strong of an indication as any that Samsung plans to compete against the likes of Apple Inc in order to capture some of the billions of dollars that are already shifting to mobile devices. Writing for the Wall Street Journal, Jonathan Cheng says,

The acquisition of LoopPay for an undisclosed amount will pit the South Korean smartphone maker against other technology giants with mobile payment services, including Google Inc., eBay Inc. ’s PayPal and Apple Pay, which started in the U.S. last fall.

Continue reading "Samsung Readies for its Entry into Mobile Payments" »

January 30, 2015

MasterCard and Visa Report 4th Quarter 2014 Results

Kendrick SandsAnalyst Insight by Kendrick Sands - Consumer Finance Analyst

View Kendrick Sands's profile on LinkedIn

MasterCard and Visa reported their final quarter results of 2014 on January 30th and 29th respectively. In the fourth quarter, both Visa Inc. (excluding Visa Europe) and MasterCard reported a decline in y-o-y growth of card payment value in 2014 compared to 2013 as a result of a strengthening dollar and the falling price of gas. MasterCard acquired two companies in the fourth quarter bringing their total acquired companies in 2014 to six. The fourth quarter acquisitions of Transaction Network Services and 5one Marketing Limited focused on increasing MasterCard’s digital products, services and global reach. From 2013 to 2014 Visa Inc. and MasterCard increased total payment value by US$376 billion and US$289 billion respectively. However, MasterCard’s growth rate surpassed that of Visa with a y-o-y growth of 9.7% compared to 8.6% for Visa.

Continue reading "MasterCard and Visa Report 4th Quarter 2014 Results" »

December 12, 2014

Converting Paper Payments: The Impact of Moving from Cash to Alternatives

Cash-banner

Understanding why consumers are using paper payments is key to converting spending to alternative payment methods. This conversion boosts efficiency though cutting the cost of cash payments, increasing financial transparency. This podcast discusses the cost of shadow cash economies, the financial policy score card, financial services in emerging economies and more insights from the Converting Paper Payments report. 

Download as MP3 (right click on the player and select save audio as)

Kendrick SandsPodcast features Kedrick Sands - Consumer Finance Analyst

View Kendrick Sands's profile on LinkedIn

 

Get more insights in our free mobile payments white paper

 

Continue reading "Converting Paper Payments: The Impact of Moving from Cash to Alternatives" »

Subscribe

 RSS Feed

Receive New Posts via Email:

 

Join us on...


Filter by Category

Filter by Geography

Filter by Industry

Recent Posts

American Express's Plenti Launch

Brazil's Business Environment: Consumption in Economic Slowdown

Euromonitor to Speak at Cards & Payments Asia 2015

The Rising Power of Female Consumers

Samsung Betters Apple and Others in Mobile Payments War

Euromonitor to Speak at CARTES America 2015

What the Loss of the Costco Co-branding Partnership Means for American Express

Samsung Readies for its Entry into Mobile Payments

MasterCard and Visa Report 4th Quarter 2014 Results

Converting Paper Payments: The Impact of Moving from Cash to Alternatives