PYMNTS

JANUARY 26, 2021

The global contactless payment market is projected to reach $18 billion by 2025, in fact, up from $10 billion last year — a nearly 12 percent compound annual growth rate (CAGR). Contactless payment innovation is underway at the nation’s CUs as the public shuns cash and even physical cards to lower the risks of infection.

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Tools Los Angeles New Jersey Trends 276

PYMNTS

JULY 30, 2020

Plus, the testimony of tech giants on Capitol Hill revealed chief executive officer views on competition and innovation. Report: India’s National Payments Corp Vulnerable To Security Breaches. of India (NPCI) discovered over three dozen security risks in 2019. Enova To Buy OnDeck In $90M Stock And Cash Deal.

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Report Payments National Maine 133

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

OCTOBER 8, 2019

Using facial recognition technology and other biometric data is still controversial, but privacy concerns can also swing in the other direction. billion by 2024, while the biometrics market is projected to reach more than $59 billion by 2025. Privacy and Security Concerns. Biometric Innovations.

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San Francisco Video social media Security 110

PYMNTS

OCTOBER 15, 2020

Banks and FinTechs are entering into new partnerships to take advantage of this gro wing demand for cloud technology. Standard Chartered expects this process to be complete by 2025. Deep Dive: Leveraging Cloud Technologies To Accelerate And Secure Cross-Border Payments. About The Tracker.

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Payments Report Study Security 228

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.

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Fraud Analytics Security Data 172

PYMNTS

OCTOBER 16, 2019

billion Internet of Things (IoT)-connected devices around the world by 2025. Consumers and businesses have increasingly employed the technology in a variety of use cases as it becomes more sophisticated, from smart cars to sensors that can be utilized for smart cities. There will be 41.6 Around The IoT World.

Millennials 191

Millennials Fraud social media Florida 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%.

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Big Data Data Analytics Examples 143

PYMNTS

OCTOBER 26, 2017

A new report reveals that the market for AI technologies could potentially generate more than $60 billion worth of productivity improvements per year. In the United States alone, the market for AI technologies that analyze unstructured data is projected to reach $40 billion by 2020. trillion and $13.17 trillion to the global economy.

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United States Industry Security Technology 100

PYMNTS

SEPTEMBER 6, 2019

Call centers are starting to move away from KBA as new technologies emerge. Users’ voices, how they hold their phones or type and their fingerprints are all factors call centers are examining for more secure authentication. ATO attempts are on the rise in these facilities, especially as bad actors gain access to newer technologies.

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Fraud Technology Security Tools 122

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?

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Industry Retail Innovation Payments 75

PYMNTS

SEPTEMBER 17, 2020

One recent report found that the IAM technology market is predicted to grow from $7.6 billion by 2025.”. It’s known that many colleges and universities would fail their final when it comes to online security and fraud defenses. billion this year to $15.3 Testing Limits, Pushing Boundaries.

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Video Resources Course Online 251

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.

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Industry Technology Online Video 101

Cisco

OCTOBER 26, 2020

Today’s Security Environment. A 2020 Accenture report – ‘Securing the Digital Economy: Reinventing the Internet for Trust’– forecasts that nearly $350 billion could be lost by the financial services industry to cybercrime by 2025. 1) Secure by Design. Look for a Long-Term Solution.

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Industry Security Policies Cyber Security 119

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? Versluys says.

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

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. Buying snacks, vitamins, personal care and prescriptions from CVS Pharmacy just got faster and more secure.” locations, per reports last year.

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Retail Payments Mobile Apple 259

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

NOVEMBER 10, 2020

It is the rule of thumb, when it comes to secular change, that very few innovations come along to rapidly change the state of payments themselves. But in the decade since bitcoin’s debut, technologies have evolved in the payments ecosystem that are helping set the stage for cryptos to become more widely adopted.

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cryptocurrency blockchain Bitcoin Security 324

PYMNTS

JULY 17, 2018

Businesses and other organizations hoping to profit from the expanding digital economy find ways to maintain and even deepen consumer trust in their security efforts. All those connected devices will, by 2025, represent an estimated $6.2 The key is to ensure that all devices are secure,” Emery said. More Connections, More Risk.

Security 102

Security eBook Millennials Industry 102

MyBankTracker

APRIL 9, 2021

The innovation of 5G technology is the next step in the evolution of mobile communication. And, not surprisingly, many investors are interested in the technology. What is 5G Technology? Currently, most phones and devices that connect to the cellular network use 4G technology. 5G stands for Fifth Generation.

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Technology How To Apple Company 52

PYMNTS

NOVEMBER 27, 2019

Companies adopting such technologies can reassign workers to revenue-generating tasks instead of needlessly draining their hours on manual data entry, approvals and check printing. . workforce by 2025. Millennials are tech-savvy, having grown up in the age of connected technology, and may learn needed modern skills more easily. .

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Millennials Payments Capital Technology 161

PYMNTS

JUNE 27, 2017

Vodafone launched NB-IoT in Spain and the Netherlands, DT in several cities in Germany and nationwide in the Netherlands, and AT&T and Verizon previously announced nationwide launches of long term evolution (LTE-M) technology. billion connections globally by 2025.

Mobile 100

Mobile Operations Marketing Groups 100

PYMNTS

DECEMBER 17, 2019

Artificial intelligence (AI) and blockchain technology can boost the odds in favor of those credit-seeking businesses. Evidence of that comes from the nobli origin story — nobli is a concept incubated by LIFTlab, the innovation hub within the Central Bank of Brazil. billion USD) in revenues by 2025. FinTech Sandbox.

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Fintech blockchain Trends America 136

PYMNTS

JUNE 12, 2019

There’s a race among tech companies like Google, Amazon, Apple and others to keep innovating on identification and the consumer experience.That’s one reason the identity verification market is projected to reach $13 billion by 2025, according to the Digital Identity Tracker. For many consumers, though, convenience trumps security.

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Google social media blockchain Samsung 129

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.

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Fintech Community Regional Technology 194

PYMNTS

DECEMBER 3, 2019

The key to that future is emerging 5G mobile network technology. As for the top benefits, US respondents cited connected cars (62 percent), connected secure homes (42 percent), emergency services (42 percent), smart buildings (41 percent), and translation or linguistic services (41 percent). More Connected Devices.

Payments 149

Payments Mobile Industry Technology 149

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

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. As such, the National Security Agency (NSA ) is calling for banks to be compliant by 2030.

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Conference Payments Fraud Data 195

PYMNTS

NOVEMBER 29, 2018

The allure of blockchain was its potential to be a catch-all solution, but as innovators take a more practical approach to introducing the technology to the real world, its true opportunity may lie in addressing highly specialized, unique points of friction. trillion by 2025.

cryptocurrency 135

cryptocurrency blockchain Industry Technology 135

PYMNTS

AUGUST 22, 2018

Securities and Exchange Commission (SEC). As the company claims in the F-1: “Farfetch is the leading technology platform for the global luxury fashion industry. We are redefining how fashion is bought and sold through technology, data and innovation.”. Within that, how much is online? Even A Bit Of Brick-And-Mortar.

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Online Retail Branding Data 101

PYMNTS

DECEMBER 13, 2019

This group will represent 75 percent of the total global workforce by 2025 and is now juggling expense reports, budgets and other financial concerns before booking personal or professional travel arrangements. They may prioritize payment ease, speed and technology, but they place more emphasis on sustainability than older travelers.

Millennials 141

Millennials Payments Groups Mobile 141

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

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. On its own, it figured out how to generate an email, test it and then raise rates if it had to (below).

social media 195

social media Data Marketing Technology 195

PYMNTS

MAY 10, 2018

Nouchi noted that as printing technologies have advanced in recent years, so has the ability of bad actors to falsify documents and tickets, and essentially get a free ride. Notably, he said, some of those transit-innovating peers are on their second or third generation of smart cards. it will be fully automated).

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Hawaii Cards Honolulu San Francisco 100

BankUnderground

JUNE 25, 2020

Growth in the stock of financial data has been enabled by technological advances that have increased storage capacity and lowered computational costs. They maintain data centres in these hubs in order to store and process it in a consistent and secure way, and have it analysed by specialist teams. 15 of this report ). Conclusion.

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Data Big Data Regulation Risk Management 110

PYMNTS

MAY 10, 2018

In a survey by Zynstra , some 65 percent of retailers said they pegged mobile payments as their top priority for in-store technology, Chain Store Age reported. According to a press release from Market Research Future , North America is the leader in the wireless POS market as the region has “advanced technological infrastructure.”

America 114

America Regional Mobile Cards 114

Bussman Advisory

DECEMBER 18, 2018

With a groaning bear market dampening the crypto hype, it is easy to forget that blockchain technology continues to hold much promise. Trend #1: The arrival of Security Tokens. As 2018 marched along and the utility token market saw a slowdown, industry has been rife with talk of the arrival of security tokens.

blockchain 45

blockchain Trends Security Marketing 45