Consumers turn to big tech, neobanks for payments

https://bankinnovation.net/allposts/products/payments/consumers-turn-to-big-tech-neobanks-for-payments/
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The COVID-19 pandemic is changing how consumers make payments, according to consulting firm Capgemini’s World Payments Report 2020. Since April, over 38% of consumers found a new payments provider during the pandemic and are considering a more permanent switch, the report said. “COVID-19 has accelerated the rate of innovation within the payments space to quickly […]

https://bankinnovation.net/allposts/products/payments/consumers-turn-to-big-tech-neobanks-for-payments/