PYMNTS

OCTOBER 11, 2019

Great news for innovative retailers. The self-checkout system market is expected to increase from its current value of $2 billion to more than $4 billion by 2024, according to a new study. In the abovementioned reports of French supermarkets exploring automation, the need for increased security was emphasized.

Retail 117

Retail Study Minnesota Video 117

Fintech Labs Insights

APRIL 12, 2024

The last one, published in Jan 2014, featured 50 innovations (see below). Note: These are the rankings from 10 years ago. I will update with milestones from 2014 to today and publish next month. I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

OCTOBER 21, 2019

percent: Portion of adventure travelers who would travel more if they had access to innovative payments. 2024: Expected arrival of Federal Reserve’s real-time payments system. Data: $38T: Estimated value of the global B2B payments market. 17: Number of countries where Western Union supports real-time payments.

Payments 122

Payments Data Innovation System 122

PYMNTS

MARCH 20, 2019

Cash may never really die, but that doesn’t mean speed enabled by digital technology isn’t playing a varied role in payment change and innovation. And new technologies deployed to what often amounts to the back corners of payments and commerce also promise future innovation. . Data: 66 percent: The approximate amount of U.K.

Payments 134

Payments Innovation Software Data 134

PYMNTS

APRIL 15, 2019

To help build customer loyalty, eCommerce and brick-and-mortar retailers have a myriad of tools on hand: Cashiers can sign customers up for loyalty cards at brick-and-mortar stores, and eCommerce sites can send customers special offers and coupons by email. innovators have a new take on “coins” when it comes to vending machines.

San Francisco 130

San Francisco Retail System New Jersey 130

PYMNTS

NOVEMBER 19, 2020

consumers now make purchases within retailer apps — a significant jump from the 21 percent who did so pre-pandemic. Europe and Asia (for a total of nine countries) – seven in 10 respondents said they were confident in the security provided by digital wallets. Mobile wallet transaction value could exceed $1 trillion by 2024.

Google 254

Google Mobile Apple Survey 254

PYMNTS

JANUARY 7, 2020

If he could have left the bag in a safe and secure place, he would have been “a happy customer,” he recalled in a PYMNTS interview. At the same time, he saw innovation and growth in the Airbnb short-term rental space. Korbel noted there is a lot of attention and innovation around smart cities. Smart Cities.

New York City 132

New York City Washington Training Austin 132

PYMNTS

AUGUST 6, 2019

“FedNow will permit banks of every size in every community across the country to provide real-time payments,” Brainard said, “Everyone deserves the same ability to make and receive payment quickly and securely, and every bank deserves the opportunity to provide that to their customers.”. What Comes Next .

System 214

System Payments Operations United States 214

Bobsguide

MARCH 28, 2022

The research canvassed the opinions of 1,600 senior industry executives, exploring the opportunities presented by Banking as a Service (BaaS) – to provide retail or wholesale banking products and services to customers in context, as a service, using an existing licensed institution’s secure, regulated infrastructure with modern API-driven platforms.

Innovation 60

Innovation Lending social media Retail 60

CB Insights

JUNE 7, 2021

In the US, the share of e-commerce relative to total retail sales hit 14% in Q4’20, up from 11.3% Creating a modern payments ecosystem in an industry that’s been slow to innovate . Marqeta was then well-positioned to provide modern card-issuing solutions that were more developer-focused, customizable, and secure. .

Cards 73

Cards Innovation Payments Fintech 73

CB Insights

MARCH 19, 2019

IoT cellular connections will use 5G worldwide by 2024, according to Ericsson. Samsung and AT&T have partnered to create the United States’ first manufacturing-focused 5G “ Innovation Zone ” in Austin, Texas. 5G could lead to innovative solutions in energy production, transmission, distribution, and usage.

Industry 78

Industry Video Mobile Technology 78

PYMNTS

AUGUST 16, 2019

These transactions reached $144 billion in value in 2014 and could hit $240 billion by 2024. Despite all of the technological innovation in the financial industry, businesses in the American Express study expressed interest in tackling issues with cross-border payments before investing in new technology. innovations.

Payments 204

Payments System Fintech Innovation 204

PYMNTS

OCTOBER 11, 2019

And its investment in MercadoLibre, a Latin American retailer, dropped 10 percent. Here is what we’ve learned from the Libra experience that may be helpful to other innovators who have large plans to change the world. What’s The Future For NBA-Related Retail In China? . What We’ve Learned From Libra.

Cards 116

Cards Online Houston Digital Banking 116

PYMNTS

JULY 20, 2017

billion by 2024. When banks do innovate, he said, they simply add more technology to their stack, which makes it even more difficult for them to replace outdated systems. In addition to video games, Bromley said another non-banking industry that Atom Bank turns to for ideas is the retail sector. By some accounts 18.3 In the U.K.

Digital Banking 128

Digital Banking Video Mobile Survey 128

PYMNTS

AUGUST 12, 2019

if you can just hang in there until about 2024. Over the last several years, an army of innovators with billions in venture funding have built instant pay products on top of card network debit rails. I’m from the government and I’m here to make sure you get your paychecks faster – even instantly…. …if financial system.

Payments 196

Payments Innovation System Cards 196

PYMNTS

FEBRUARY 1, 2021

Payments will make all of these B2B commerce encounters easy, efficient and secure. More than 400 golf brands and manufacturers convened online last week to see — and buy, using B2B payments tech — the latest and greatest golf goodies for their clubs and retail stores. In fact, it’s something that the PGA has already done. The Journey.

US 345

US Innovation Video Maine 345