Boston, MA (PRWEB) August 30, 2012
Mercator Advisory Group today announced the launch of two new Strategy Sessions focused respectively on debit space and banking channels hosted on PaymentsJournal.com - the only free news and information source for payments professionals powered by a team of independent, industry analysts.
The PaymentsJournal.com Debit Strategy Session covers a market that Mercator Advisory Group anticipates witnessing a 13% increase in purchase volume and a 12% increase in transaction volume in 2012. Despite the market facing many headwinds, debit cards remain resilient, flexible, and highly valued consumer payment products. The Debit Strategy Session features blogs (perspectives) regarding debit network exclusivity as well as content discussing how merchants are preparing for EMV.
"Debit payments are rapidly evolving into a wide variety of pay now-related forms including registered mobile payment accounts, person-to-person payments, contactless, and ACH-based payments. The opportunity to displace paper checks and cash payments with electronic debits has never been greater," noted Patricia Hewitt, director of Mercator Advisory Group's Debit Advisory service. "At the same time, regulators are keeping the pressure on traditional issuers, leaving the door open for non-traditional solutions to create competing solutions. The PaymentsJournal.com Strategy Session is designed to assist and inform the debit payment market with a portal to breaking news, expert opinions, and insights."
The PaymentsJournal.com Banking Channel Strategy Session taps into the renewed optimism of many financial institutions regarding the economy as well as their keen motivation to replace traditional fee revenues and uncover new revenue sources in this post-Durbin environment. Mercator Advisory Group notes that channels can be key to meeting both objectives by offering the opportunity for improved efficiencies and reduced costs in addition to affording customers choices as to how, when, and where they bank. This strategy session includes Industry and Mercator blogs (perspectives) discussing the future of bank branches and the topics that are engaging executives at this year's trade shows.
"As financial institutions increasingly embrace multi-channel strategies, this Strategy Session will provide a forum for our banking channels community to offer and review timely, relevant insight into changes in this dynamic and important space," noted Ed O'Brien director of Mercator Advisory Group's Banking Channels Advisory service. "Within the evolving world of banking channels are a melding of branch- and self-service channels, and opportunities to provide customers with choices as to when, where, and how to bank. These changes offer opportunities for increased efficiencies for financial institutions and greater control and overall satisfaction for customers."
Topical in nature, Strategy Sessions host a wealth of articles, research, data and other content providing meaningful insights into top-of-mind topics in the payments and banking spaces. Strategy Sessions are updated daily.
The Debit and Banking Channels Strategy Sessions are the latest in a series of enhancements to PaymentsJournal.com. Additional Strategy Sessions will be rolled out in coming months as Mercator Advisory Group continues to refresh and add content reflective of the evolving payments and banking industry.
Managed by the Mercator Advisory Group, the leading, independent research and advisory services firm exclusively focused on the payments and banking industries, PaymentsJournal.com delivers extensive news, unique content, expert analysis, views, and shared research to create an information rich community designed for payments and banking professionals, technology providers, investors, and members of the media.
PaymentsJournal.com content is offered free of charge allowing thought leaders to easily share their opinions and benefits of their businesses to an exclusive group of industry professionals. Learn more about leveraging the unrivaled value of PaymentsJournal.com and contributing to the success of your business by contacting Will Hernandez, content manager, at whernandez(at)mercatoradvisorygroup(dot)com.
About Mercator Advisory Group
Mercator Advisory Group is the leading, independent research and advisory services firm exclusively focused on the payments and banking industries. We deliver pragmatic and timely research and advice designed to help our clients uncover the most lucrative opportunities to maximize revenue growth and contain costs. Our clients range from the world's largest payment issuers, acquirers, processors, merchants and associations to leading technology providers and investors. Mercator Advisory Group is also the publisher of the online payments and banking news and information portal PaymentsJournal.com.