Did you say challenger banks ?
In a banking market driven by wild turmoil (multitude of competitors, arduous economic equation, endless race for innovation, new lifestyles and consumption, regulatory changes…), It is difficult to assert who of the historical players or the start-ups will come out on top.
Every year since October 2017, we publish a new season of our study “Vous avez dit néo-banques ? » (Did you say challenger banks?). With each new edition, we try to highlight the major trends and events of the last 12 months, interpret the drivers and consequences, draw some lessons, and finally to outline possible scenarios for the years to come… »
Did you say digital payments and wallets ? Opus N°5
For several years now, the excitement around new forms of payment has been increasing, particularly with the ubiquity of mobile phones and the rise of e-wallets. The health crisis, which has impacted consumers worldwide, has only confirmed this enthusiasm for digital payments in general.
Every year since June 2019, we publish a new edition of our study “Vous avez dit mobile payments and wallets ? » (Did you say mobile payments and wallets? ). With each new edition, we strive to reveal facts and trends that provide a clear understanding of the various sides and variations of the mobile payments and wallets market.
Payment Data CDLK Barometer
Retrospective of 2020 with the contribution of Syrtals Cards
What was the impact of Covid-19 on consumer trends in France?
The year 2020 was marked by an unprecedented crisis due to the Covid-19. The health measures put in place by the government (regulatory closures of shops, lockdowns, travel restrictions, curfews, etc.) have changed the daily lives and habits of French people.
In order to analyse the impact of these events on the main consumer sectors, we are co-publishing, with fintech CDLK, specializied in the exploitation of payment data, a 2020 retrospective.
The Barometer is based on the categorized analysis of credit card transactions of a sample of 150,000 cardholders, active French consumers, treated anonymously by CDLK’s Payment Data Management Platform (PDMP).
The Barometer has thus illustrated, through its 11 editions, the levels of spending by bank card, sector by sector and by type of purchases (in-store or online), during periods of lockdowns and periods of shops reopening.
For this 2020 retrospective, Syrtals Cards brings its contribution and expert’s view, by recalling the challenges around transactional data and its good operation. In particular, we stress the importance of a so-called “smart” categorization of payment data to produce a barometer with such a high level of detail.
For this publication, the common goal of CDLK and Syrtals Cards was to revisit this particular year 2020, to analyze it as objectively as possible, linking as much as possible the variation in categorized spendings to the past events.