The tracker serves as a forum for the space that frames and addresses the trends, issues and unique challenges players in the digital banking ecosystem encounter.ĭigital security and protection – or the lack thereof – made a huge impact in 2015. The gradual but steady rise of FinTech startups is disrupting the traditional brick-and-mortar banking experience to make it seamless, convenient and richer.Įach month, new entrants, established players, and major developments in the digital banking/financial services industry are defined and tracked in our Digital Banking Tracker TM, powered by Urban FT. The industry itself has long been dominated by behemoth banks and regional credit unions, but the rise of alternative financial solutions and institutions is causing a monumental shift in the traditional banking infrastructure. Technology has changed the banking landscape as we know it. eCommerce spends, in order to understand and analyze the friction that consumers experience when they go shopping digitally. The Checkout Conversion Index TM with BlueSnap collaboration measures the result of shopping at over 650 U.S.-based eCommerce sites across 14 merchant categories, representing over 70 percent of all U.S. #Trending news topics 2016 how to#Once a shopper has gone through the trouble of finding an online retailer and filling up their digital shopping cart with the items they want to buy, what’s standing in their way of “closing” the deal and committing to checkout? Understanding how to make it easier for consumers to do that can mitigate not only lost sales, but turn a shopper into a repeat customer. While eCommerce has definitely had an impressive year, the issue of shopping cart abandonment continues to plague online merchants. From the enormous cross-border payments opportunity to the ways in which small businesses are staying afloat in a rapidly changing payments landscape, the following list encompasses many of the areas that kept the ecosystem buzzing all year long. With a new year officially upon us, we are taking the time to look back at some of the most innovative and talked about topics spanning the payments industry in 2015.
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