Barclays Share Discussion Threads

[bernie37] 28/2/2017 21:18

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Major UK card issuer Barclaycard announced more partnerships to integrate payment functionality into wearable devices, according to Finextra.
Now, the issuer has partnered with two firms, DCK Group, which partners with retailers for luxury jewelry, and Tappy Technologies, which works with watchmakers, in order to extend contactless payment functionality via chip to their offerings. The move will complement Barclaycard's proprietary line of wearables as well as existing partnerships.
Moving into wearables could be promising for Barclaycard.
Contactless interest may have led to success in its proprietary line that could carry over to partners. In November, contactless card usage accounted for £2.9 billion ($3.6 billion) in sales, up 184% year-over-year (YoY), according to the UK Cards Association. That trend could indicate rising usage in noncard contactless payments as well, like mobile wallets or wearables. Since its launch last July, Barclaycard's proprietary wearables have seen 1.1 million transactions worth £6.6 million ($8.2 million), a figure that's a promising start and likely to rise.
But Barclaycard will have to work to gain customers. However, while consumers are interested in, and apt to make, wearable payments, it's unclear if they will be willing to buy new products for this express purpose - a Barclaycard study of UK customers found that the group is most interested in retrofitting existing jewelry and wearables for contactless payments. That means Barclaycard's partnerships could be more effective if they work in turning existing items into payment devices rather than solely marketing new ly enabled offerings.
The rapid expansion of the Internet of Things (IoT) offers payments companies an opportunity to expand beyond mobile phones, cards, and point-of-sale devices, to a broad and diverse ecosystem of internet-connected devices.
We forecast that there will be 24 billion connected devices installed globally by 2020, up from nearly 7 billion today. And over 5 billion will be consumer connected devices by 2020, representing a massive expansion of touchpoints that could eventually offer payments functionality.
BI Intelligence, Business Insider's premium research service, has compiled a detailed report that dives into the budding industry of connected device payments, providing a rundown of the stakeholders driving innovation in wearables, connected cars, and connected home devices. It also gauges the impact of new payment devices on different payments companies, along with how these devices could shift consumer purchasing behavior.
Here are some of the key takeaways from the report:
The Internet of Things is ushering in a new era for payments companies and manufacturers. The rapid expansion of the Internet of Things (IoT) offers an opportunity to facilitate payments beyond mobile phones, cards, and point-of-sale terminals, on a broad and diverse ecosystem of internet-connected devices.
More transactions could eventually pass through connected devices than smartphones. We estimate there will be 24 billion of these devices by 2020, with 5 billion of them being consumer-facing. This represents a massive expansion of touchpoints where payments could be enabled.
Card networks have developed a basic framework to enable commerce in everyday devices. Visa and MasterCard are creating the underlying infrastructure to support the standardization of payments integration and stake themselves out as the key connected payments gatekeepers. Their payment platforms are universal, allowing digital payments to grow without being tied to the success of a particular manufacturer.
Consumer-facing IoT companies have much to gain from enabling payments in their devices, including improving the value of the device, being able to cross-sell products through the device, and laying the groundwork for future opportunities to earn incremental revenue. For payments companies, connected payments offer a new revenue stream and an opportunity to gain market share ahead of competitors.
Wearables, connected cars, and smart home devices will be the top connected payments product categories.
In full, the report:
Frames the opportunity for embedding commerce capabilities in new devices.
Explains how a device becomes commerce-enabled.
Discusses the potential for payment-enabled wearables, connected cars, and smart home devices.
Examines the impact of connected payments on key stakeholders.
To get your copy of this invaluable guide, choose one of these options:
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Purchase & download the full report from our research store. >> BUY THE REPORT
The choice is yours. But however you decide to acquire this report, you've given yourself a powerful advantage in your understanding of connected device payments.

[sue999] 28/2/2017 18:54

Finally we have a buy confirmed candle. The last sell confirmed candle formed on 17 Feb was spot on.

[davr0s] 28/2/2017 18:48

Correction ? Lol. Dow down 11pts - nothing to see IMO

[diku] 28/2/2017 18:37

Now off the lows coming back up as usual...

[astol] 28/2/2017 17:27

The correction is now apparent Dow dropping after UK market closed

[micronesiac] 28/2/2017 14:45

230 target price was laughable this time last week

[astol] 28/2/2017 14:19

Diku I think it means perform in line with the Financial sector ie pro-rata. Sector goes up so does arc lays and vica versa

[diku] 28/2/2017 13:56

How do you define sector perform?...

[johnwise] 28/2/2017 12:07

11:06 28 Feb 2017

Barclays outlook remains unclear, RBC Capital says

RBC Capital has lifted its target price on Barclays but left its rating at 'sector perform'

[tenapen] 28/2/2017 08:03

Posted on the wrong thread ! re-homed on the correct thread.


diku
27 Feb '17 - 23:16 - 19177 of 19178 0 0
Ban the so called free share options from the board level across the Plc casino club...Fixed salary plus expenses & bonus only on performance....

[johnwise] 28/2/2017 08:02

BARCLAYS – LOWER CONDUCT COSTS, BIGGER PROFITS




.

[astol] 27/2/2017 21:47

The Dow has made a record 12 day gains, but the gains are now small. As I said last week, I see a big correction coming and only see Barc falling from here especially since the results which could not hold 240p.I have been long but now changed to a short and will look to re buying long once the pull back has taken place.
That's my prediction for March.

[spoole5] 27/2/2017 14:26

Looks like we'll be testing 220 in the coming days.

[tenapen] 27/2/2017 13:59

LOL

barc getting confused again, they see kingfisher and think hes from the gulf states and good at fishing.

They hired bob Diamond cos of his name and look how bad he was.

LOL

[mbmiah] 27/2/2017 12:57

New chairman from DIY shop - kidding me aren't ya Jes!??

[clond] 27/2/2017 12:54

Hope no court cases in next few months

[portside1] 27/2/2017 09:54

their will be news on doj and no core

[sue999] 27/2/2017 09:52

So Until May 10, we have no clarity which is not good for the share price. Hope 220 Holds .

[portside1] 27/2/2017 09:11

diku . this is our year I even think arcs will resume div in the final for 2017 paid in april 18 of around 4p

[johnwise] 27/2/2017 09:08

Barclays Africa Group Ltd. is preparing to list its NewGold ETF on the Nairobi Securities Exchange after receiving regulatory approval to begin trading the securities.

[diku] 27/2/2017 09:06

porty..how many times they cleared the decks?....if they have to keep on clearing the decks too often then those guys not worthy of their salaries...they are one time wonders or short of one time wonders but treated like masters of universe...some of these mega companies are a pit stop for some...

[portside1] 27/2/2017 09:00

over 10 weeks for barcs to clear the decks . and extra 3 weeks gives him the time to give out a clear future

[portside1] 27/2/2017 08:36

merc you will soon find out all will be clear for agm

[portside1] 27/2/2017 08:35

Barclays have pushed its agm by two weeks to may 10th

[portside1] 27/2/2017 08:20

info rumour barcs close to a deal with doj