Payments Ecosystem
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Payments Ecosystem
The Payments ecosystem is evolving at an unprecedented pace driven by mobile, cloud computing, start-up's challenging the behemoths, and new technologies. My personal collection of curated stories and blogs.
Curated by Vineet Anand
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Sberbank partners supermarket for fingerprint payments

Sberbank partners supermarket for fingerprint payments | Payments Ecosystem | Scoop.it
Russia's Sberbank has teamed up with supermarket chain Azbuka Vkusa to let shoppers pay for groceries with their fingerprints.
Vineet Anand's insight:

Sberbak enables fingerprint check-out at supermarket as part of data stored with central bank run UBS (unified biometric system). 

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Is Paym gaining uptake in users and transactions?

Is Paym gaining uptake in users and transactions? | Payments Ecosystem | Scoop.it
This week UK mobile P2P payment platform Paym published its latest figures on user uptake and transaction volumes. Hakim Mendjeli, former head of mobile product and strategy at Lloyds Banking Group, sifts through the data.
Vineet Anand's insight:

Early days to assess Paym success, however chats do indicate growth with 17% mobile users registered and total registrations standing at 3 million. Almost every quarter the growth has been ~40% with an average transaction value of PS 50. 

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Curated by Vineet Anand
Payment Industry leader passionate about Fintech, Innovation in Banking, Product Management & Strategy, driving revenue growth through client management, business development and P&L focus.