The Radar framework dates back to 2019 when we started publishing the Nets Payments Outlook. It is inspired by the three dimensions of design thinking, and is a framework developed to classify and rank trends with a relation to the payments industry. By adding a fourth dimension and re-shaping the original three, all major influences on the payments industry are illuminated.
The four dimensions are:
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Consumers
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Technology
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Market
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Regulatory
Through a rigorous research process of primary in-house sources, and external industry experts, trends in each dimension was identified and scored in relation to the
perceived impact and the
time to impact. Intuitively, the closer a trend is to the middle, the bigger impact it will have in the shortest timeframe. Last piece of the process was a search for patterns between the trends, which ultimately led to the creation of the 5 themes of the Nets Payments Outlook 2022.
