What to read today: US B2B Payments: Providers are competing to capture B2B payments market share. Though it's the largest addressable payments market, it is still in the early stages of digitization—but evolving rapidly. This report takes an in-depth look at the rapidly evolving B2B payments space. We explore how market share will shift between payment methods, the transformative effect of innovation, and what all this means for incumbent payment players..
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| January 29, 2022 | | | Google's forming a blockchain unit and looking to partner on crypto | Google is creating a new unit dedicated to "blockchain and other next-gen distributed computing and data storage technologies," according to a leaked email obtained by Bloomberg. The blockchain unit will be led by a longtime Google veteran Shivakumar Venkataraman, Bloomberg reports, and will sit in Google's relatively new Labs division, which is also home to the firm's research into virtual and augmented reality. It's too early to tell whether Google's blockchain effort is more research-oriented—aimed at shoring up the infrastructure meeting its massive network and storage needs—or if it just wants to boost Google Pay's transaction volume. But mention of "blockchain" inevitably conjures the scenario of Google developing its own crypto. Google could deploy a blockchain in direct competition with JPMorgan's Onyx project. Or Google's blockchain could run platforms for the metaverse, such as decentralized projects like Decentraland and The Sandbox already in use. Insider Intelligence's Sherry Fairchok has the full story. | | | BRIEFING HIGHLIGHTS | | | | | | | | | | | | | RESEARCH IN FOCUS | | | US B2B Payments | Providers are competing to capture B2B payments market share. Though it's the largest addressable payments market, it is still in the early stages of digitization—but evolving rapidly. This report takes an in-depth look at the rapidly evolving B2B payments space. We explore how market share will shift between payment methods, the transformative effect of innovation, and what all this means for incumbent payment players. | Get the full report → | | | | Banque Nationale Mobile App Spotlight 2021 | The ranks of new smartphone banking users in Canada will slow to a trickle in 2021, forcing financial institutions (FIs) to enhance their offerings on the primary user acquisition battlefront that is their mobile apps. This report highlights the growth areas of Banque Nationale's mobile banking app that it should strengthen to compete for prospective users. This report focuses on the Banque Nationale-specific findings from our inaugural Canada Mobile Banking Emerging Features Benchmark Study, which scores the seven largest FIs based on their support of 42 advanced mobile banking emerging features. This report focuses on the top features that Banque Nationale does not yet offer across the six key categories. | Get the full report → | | | | US Cash-Back Credit Card Emerging Features Benchmark 2021 | Cash-back credit card innovation has been boosted to new heights by the convergence of digitization (driven by the pandemic), competition, and consumer behavior. In this inaugural study, the Insider Intelligence "US Cash-Back Credit Card Emerging Features Benchmark 2021," we identify the emerging features that prospective cash-back credit card users find most valuable, and rank 10 leading cash-back credit cards (with no annual fee) according to the degree at which they offer these features. | Get the full report → | | | | BECOME A SUBSCRIBER | | Our subscriptions deliver analysis on the biggest trends and decisions shaping the future of your industry. Stay on top and subscribe today to receive: | | | | |
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