PYMNTS

DECEMBER 1, 2020

The bank is working to launch its Virgin Money Business program next year, with the target being 100,000 small to medium-sized business (SMB) customers by the end of 2025 and 20,000 by the end of 2022, the report says. The fund was created to help spark competition as part of an agreement between the U.K.

Regional 205

Regional Groups Report Innovation 205

PYMNTS

JULY 24, 2019

The mandate handed down by Japan’s lawmakers strives to increase the total of digital payments from 20 percent to 40 percent by 2025, Visa said in a press release on Thursday (July 24). . This secures Visa’s position as the exclusive payment technology provider and the only card accepted at the Olympic Games. according to Visa.

Payments 185

Payments Innovation Cards Technology 185

PYMNTS

MARCH 3, 2020

Subscription management platform provider Zuora is working with Kia Motors America to offer connected car subscriptions. With the growing demand for in-car technology and features, Kia is re-focusing and will target its ACE strategy – Autonomous, Connected and Eco/Electric. Connected services are the future of the automotive industry.

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Michigan Software User Experience Strategy 218

South State Correspondent

JUNE 27, 2023

It’s a way for banks to speak with each other, and it started to be phased in during the first quarter of this year with the goal of a complete conversion by 2025. One major innovation is the ability to send an “information only” message to add more data to a transaction message.

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System Data Examples Payments 195

PYMNTS

SEPTEMBER 2, 2020

The trouble then becomes how to maintain and manage payment systems that use multiple payments integrations at once. percent through 2025, when it is expected to total $42.9 Payment gateways can help firms meet these expectations, but even they can become a drag on businesses’ bottom lines if not properly managed.

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Washington Report Payments Resources 188

PYMNTS

FEBRUARY 17, 2020

IoT technology has rapidly expanded beyond in-home devices into cities worldwide. Governments and institutions in Europe, India and the United States are experimenting with IoT solutions to enhance city life, and the technology is expected to create between $4 trillion to $11 trillion in value over the next several years.

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Security Data United States Florida 252

PYMNTS

FEBRUARY 26, 2020

Bringing AP automation to ERP offerings enhances working capital management, reduces operational costs and improves productivity. billion by 2025. Many are turning to enterprise resource planning (ERP) tools with accounts payable (AP) automation to harness both solutions’ abilities and level up their businesses’ values.

Software 209

Software Fraud Resources Tools 209

Abrigo

FEBRUARY 3, 2020

Key Takeaways At many financial institutions, a substantial share of the IT budget is tied up in technology infrastructure and maintenance and cannot be used for new initiatives. Technology spending priorities. Dollars for innovation tied up in IT infrastructure. The trend away from on-premise technology.

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Resources Security Customer Experience Fraud 150

PYMNTS

JULY 7, 2020

and European automobile “sales” by 2025. Rawdon Glover , managing director of Jaguar Land Rover UK, said in a prepared statement: “The future of mobility has never been more in the spotlight, and our customers are increasingly looking for more flexibility in the way they interact with us.

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Management Branding Innovation Retail 191

Cisco

APRIL 26, 2022

The convergence of mobile, cloud, and IoT technologies continues to create new opportunities for institutions to deliver personalized and contextual financial services. Those ecosystems could add up to a $60 trillion integrated network economy by 2025, according to McKinsey. trillion by 2025, growing at a CAGR of 16.9%.

Big Data 143

Big Data Data Analytics Examples 143

PYMNTS

NOVEMBER 15, 2019

Cashless payments firm USA Technologies (USAT) is expanding its partnership with amusement kiosk operator National Entertainment Network (NEN) to bring expanded cashless payment options to more vending machines and devices, the companies announced in a press release on Friday (Nov. QR codes will be accepted using QR code readers.

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Puerto Rico Payments Colorado Florida 152

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that. What’s on the horizon for retail banking?

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

PYMNTS

MARCH 12, 2018

By 2025 — less than a decade later — it’s projected to reach $27,238.6 The second trend is closely tied to the first: As technological awareness and product choice expand, AI-based startups have proliferated to deliver to the industry the capabilities it needs to meet the rising expectations of the consumer base.

Customer Experience 144

Customer Experience Retail Analytics Technology 144

PYMNTS

JULY 9, 2019

In the age of quick-service restaurant (QSR) dining technology innovation, restaurants are frantically looking into ways to provide consumers with mobile ordering bells and whistles like third-party payment integrations, rewards programs and surprise-and-delight offers.

Mobile 179

Mobile Payments Los Angeles Hawaii 179

PYMNTS

JANUARY 22, 2018

More important, perhaps, than the innovations they made on behalf of their more famous lead players, was how their contributions accelerated those innovations’ time to market. Innovation in payments and commerce has an unsung hero, too. And who will influence how innovation happens. Distribution.

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Innovation Online Branding El Paso 135

Cisco

SEPTEMBER 7, 2022

It may not always be obvious to consumers, however, there is a tremendous amount of innovation happening in financial services making its way into our daily financial lives. billion in 2025, benefiting from a surge in digital transformation and digital customer engagement investments by enterprises. billion in 2020 to $21.8

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Meeting Examples Mobile Innovation 107

PYMNTS

SEPTEMBER 18, 2018

The changes that tech-savvy workers have imposed on their employers’ travel and expense (T&E) policies and strategies go beyond adoption of expense management FinTech solutions, too. “Technology and demographic changes are transforming business travel. “See how payments are done with Uber?

Millennials 138

Millennials Management Technology Innovation 138

PYMNTS

SEPTEMBER 17, 2020

Observing that “onboarding does not stop after students have been accepted to their chosen universities,” there remains financial aid, housing, course selection and numerous other details to manage. “A More colleges and universities are counting on identity and access management (IAM) software to help. billion by 2025.”.

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Video Resources Course Online 251

PYMNTS

OCTOBER 28, 2019

One way we’re doing that is by enhancing our international payments and receipts offerings — that today extends to 140 currencies in more than 150 countries — by adding technological innovations and new trading and risk management solutions,” said Bank of America Global Head of Transactional FX Trading Mike Robertson. “By

Payments 101

Payments America Boston Chicago 101

PYMNTS

APRIL 16, 2018

Barclays , gearing up to drive more innovation, and thus profit, in its U.K. Davey will spend his time creating new business lines, promoting innovation and thus driving more returns. Larger corporate customers will be managed via the non-ring-fenced bank, while smaller clients will be serviced by “Barclays Bank U.K.,”

Capital 122

Capital Strategy Innovation Operations 122

CB Insights

JUNE 17, 2020

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. In some cases, the technological changes inspired by Covid-19 will come in the form of an acceleration of existing trends — for example, industrial automation and contactless payments.

Industry 101

Industry Technology Online Video 101

NCR

AUGUST 10, 2017

Evolution in technology has always had a big impact on how people live their lives, but this phenomenon has arguably been more pronounced in the 21 st century than at any other time in human history. billion by 2025. IoT and AI set to rise in prominence. million in 2016 to US$38.8 Could digital wallets reinvent the customer experience?

Industry 75

Industry Retail Innovation Payments 75

Chris Skinner

FEBRUARY 3, 2017

Snyder, chief innovation officer at venture capitalist firm Safeguard Scientifics and a senior fellow at Wharton’s Mack Institute for Innovation Management. million banking jobs by 2025. It should be publishing informed insights but this post was more of a headline grabber from Scott A.

Innovation 150

Innovation Millennials ATM Data 150

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

JULY 25, 2019

The latest Digital Fraud Tracker explores why fraudsters are still relying on phishing as a major strategy even as they increase their use of new technologies and techniques. Globally, it is set to increase 20 percent between 2019 and 2025. As much as companies are committed to innovation, criminals are, too.

Fraud 172

Fraud Analytics Security Data 172

PYMNTS

SEPTEMBER 27, 2019

In an interview with PYMNTS , rfxcel Co-Founder and CEO Glenn Abood talked about how IoT, blockchain, smart contracts and other emerging technologies have the potential to strengthen track and trace capabilities. All of this innovation is also benefiting the cold chain market, which is expected to be worth $447.5 billion by 2025.

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Security Oregon Survey Industry 193

PYMNTS

JUNE 4, 2020

How this plays out as financial institutions (FIs) throttle up digital innovation amid waning COVID panic forms the substance of The Digital Payments in a Digital World Playbook for June. Digital payment technologies enable banks to meet evolving customer needs in everything from refunds and consumer incentives to [B2B] payments.

Payments 132

Payments Regional America Mobile 132

PYMNTS

OCTOBER 5, 2018

One of the new realities of augmented reality is this: the technology is attracting more investment from China than from sources in North America. According Digi-Capital , which tracks AR investments, China-based funding for augmented reality and computer vision technologies hit $3.9

Apple 197

Apple Colorado Capital America 197

Qudos Bank

FEBRUARY 15, 2024

For decades, women have faced many barriers to equality, so having access to digital technologies and education is critical, especially when championing those working in science, technology, mathematics, and engineering (STEM). Manage with outcomes, not hours or locations.

Leadership 52

Leadership Innovation Community Technology 52

South State Correspondent

MAY 13, 2024

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. More states require greater disclosure and control over what banks and card processors can charge.

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Conference Payments Fraud Data 195

PYMNTS

APRIL 14, 2020

“Some industry analysts have predicted that robotics in retail will be involved in more than three-quarters of logistics operations, with McKinsey estimating that autonomous vehicles will make up 80 percent of deliveries by 2025.”. It is also rising on the sales floor. COVID-19 would certainly fill the bill.

San Francisco 278

San Francisco Retail Examples Mobile 278

PYMNTS

APRIL 10, 2019

From CVS to T-Mobile , retailers and technology providers are catering to the trend of contactless payment acceptance with new solutions and methods of handling cards from customers. The company said it was working with TSYS for the GoPoint mPOS software and same-day funding, as well as secure transaction management.

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Retail Payments Mobile Apple 259

PYMNTS

MAY 31, 2018

Internet of Things (IoT) technology isn’t just for a smart fridge or a smart speaker in the home: It also has applications for retailers. Consumer products like Fitbit , Square and Nest all use similar wireless IoT technology to inform users in real time, and many people have come to expect that sort of ease and immediacy.

Marketing 142

Marketing Google San Francisco Technology 142

Bobsguide

JUNE 13, 2022

In 2025, global spending on digital transformation will be more than double the amount it was in 20201). GFT Technologies SE (GFT) is exploiting this digitalisation wave and continuing its dynamic growth. Our clients there are pioneers in the use of cutting-edge technologies,” explains Jochen Ruetz, CFO of GFT.

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Groups Taxes Regional America 60

South State Correspondent

APRIL 24, 2023

Just when you were getting your bank’s head around how you will operationalize ChatGPT (our breakdown HERE ), AutoGPT, an application built on top of ChatGPT, gets released and takes the technology to a new level. This would have taken two or three people $15k of internal time and two weeks to pull off.

social media 195

social media Data Marketing Technology 195

PYMNTS

OCTOBER 1, 2020

By 2025, it is estimated that $86 billion will be spent on in-car commerce. The collaboration with Discover was enabled when Car IQ incorporated its payment technology into the Discover payments platform. The idea was to make payment management of fleet vehicles simpler,” said Pratz. It could happen.

San Francisco 159

San Francisco California System Cards 159

PYMNTS

JULY 5, 2017

For a chief financial officer (CFO), having technology — from ERP systems to cloud accounting and cash forecasting tools — has become paramount when deploying a successful growth strategy. “With cloud technology, you take away the barriers of traditional enterprise infrastructure.

Data 132

Data Analytics Tools Report 132