The Global Payments Innovation Jury, organised by John Chaplin, comprises 70 of the most successful industry leaders worldwide. They give a unique insider’s view into how innovation is driving change in payments globally.
The report sets out the findings of the Jury on the key payments innovation trends and what separates winners and losers. Some of the key findings are:
Home of the most payments innovation in the next two years
NORTH AMERICA 8%
LATIN AMERICA 2%
Which has the best profit potential?
Best region to start a payments business today
Key reasons that payment startups fail
The best innovation model for established payment firms
Partner with startups 44%
Acquire startups 19%
Internal innovation 17%
Set up an incubator or innovation fund 10%
Buy solutions from established tech vendors 10%