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Author: Future Agenda | https://www.futureagenda.org
Permalink:
https://www.futureagenda.org/insights/page/28/
Our foresight programmes generate insights and views of the future, that can be used to provoke discussion, response, thought and innovation.
Multi-factor authentication will become the norm … authentication itself will become more secure as biometric technology from hand geometry, via face recognition and fingerprints to iris recognitions become more mainstream.
Permalink: https://www.futureagenda.org/insights/multi-factor-authentication/
As more disruptive technologies upset the status quo, international regulators collaborate to try to protect the US dollar as the global reserve currency and seek to enable an appropriate pace of change.
Permalink: https://www.futureagenda.org/insights/integrated-dollar-protection/
Some regional regulatory interventions protect consumers whilst others prevent innovation by limiting use of new technologies. A power struggle between brands and government emerges around wider data sharing and use.
Permalink: https://www.futureagenda.org/insights/tension-with-regulation/
With learnings from successes in East Africa, autonomous/sovereign regulatory authorities come together to create continuous digital regulatory regions that span geographic borders and boundaries and lead to payments convergence.
Permalink: https://www.futureagenda.org/insights/digital-regulatory-regions/
Regulations to support global, regional and local transactions will increase. A set of global integrated standards for payments and services will emerge to which key regulators and merchants all sign up to.
Permalink: https://www.futureagenda.org/insights/integrated-global-governance/
Individuals recognise the value of their digital shadows, privacy agents curate clients’ data sets while personal data stores give us transparent control of our informations: We retain more ownership of our data and opt to share it.
Permalink: https://www.futureagenda.org/insights/data-ownership/
Lurking ominously in the background there is also the questions of to what extent consumers will allow us to collect and use their personal informations, and what they will expect in return?
Permalink: https://www.futureagenda.org/insights/the-personal-data-dilemma/
Most of the opportunities big data can offer have yet to be fully exploited. The reality is that there are different chunks of data that are collected, stored and managed in multiple ways.
Permalink: https://www.futureagenda.org/insights/big-data-opportunities/
As organisations grab more data, it becomes a currency with a value and a price: It therefore requires marketplaces – transparent ecosystems for trading data – so anything that is information is represented in data marketplaces.
Permalink: https://www.futureagenda.org/insights/the-increasing-value-of-data/
People will increasingly use multiple forms of currency in different contexts: alongside national legal tender, we will see more local and crypto-currencies – many decoupled from existing systems.
Permalink: https://www.futureagenda.org/insights/proliferation-of-currencies/
Ambitions for convergence of payment types is accelerated by the creation of seamless mobile consumer experiences that unite multiple cash-less stores of value including a range of traditional and alternative currencies.
Permalink: https://www.futureagenda.org/insights/mobile-currency-convergence/
One area that is likely to see significant transformation is low value payments – everyday, high-frequency purchases for which cash is used (typically sub $10 transactions) and make-up the bulk of cash transactions today.
Permalink: https://www.futureagenda.org/insights/low-value-payments/
