PYMNTS

DECEMBER 7, 2020

Most are encouraging employees to work from home while also moving their back-office operations online, and payments operations are no exception. The benefits of using digital B2B payments solutions extend far beyond their ability to support a decentralized workforce.

Management 268

Management Cards Company Innovation 268

PYMNTS

OCTOBER 28, 2020

Digital payments are growing ever more widespread, with the global digital payments market increasing by more than 50 percent in the past three years to hit $4.7 billion by 2025, up from $74.4 These large investments by FIs in new technologies are mere drops in the bucket compared to FinTechs’ investments, however.

Payments 219

Payments Compliance Fintech Innovation 219

Abrigo

MAY 24, 2016

Did you know that many of the daily maintenance and management activities in your firm can be handled more effectively with technology? And while the word “technology” itself sometimes sounds like a daunting challenge, good technologies are actually designed with the end user in mind -- and that means you, and not just the IT technician.

Technology 150

Technology social media Software Leadership 150

PYMNTS

JANUARY 20, 2021

Miami-based micromobility startup Bolt , co-founded by Olympic gold medalist Usain Bolt, is expanding to 48 new markets after acquiring the assets of Last Mile Holdings, which included the mobility-as-a-service (MaaS) platform Gotcha. The company added that its strategy targets technology solutions for the micromobility ecosystem. .

Miami 188

Miami Community Mobile Technology 188

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. and Puerto Rico.

Puerto Rico 152

Puerto Rico Payments Colorado Florida 152

PYMNTS

JANUARY 21, 2020

These are still early days but trends are coming together — and expectations are rising, thanks not only the evolution of AR and VR technology, but the coming deployments of 5G mobile network ecosystems. The spread of VR and AR technology is not confined to physical retailers, either — eCommerce giants are getting into the game as well.

Retail 210

Retail Trends Washington Technology 210

PYMNTS

MAY 11, 2020

The pandemic has prompted Stockholm-based telecommunications technology firm Ericsson to up its forecast for worldwide 5G subscriptions to 2.8 billion by 2025, the company said in a live webinar on Monday (May 11). The company had originally forecast 2.6 The company had originally forecast 2.6

America 150

America Technology Mobile US 150

PYMNTS

MAY 26, 2017

Small businesses that ignore next-generation payments technologies like invisible payments or cryptocurrencies are losing out big time, but new research suggests that tens of thousands of dollars are lost by SMEs because they aren’t even accepting cards. Analysis from Expert Market found that some small businesses in the U.K.

Report 140

Report Cards Millennials cryptocurrency 140

PYMNTS

APRIL 19, 2019

In a press release issued Thursday (April 18), Hypur said its payments technology enables business, retail and online transactions for merchants in the hemp and CBD markets in the U.S. its CBD market is also experiencing significant growth. Galvin, CEO of Hypur, said in a statement. As marijuana legalization spreads in the U.S.,

Payments 173

Payments Industry Online Security 173

PYMNTS

JUNE 19, 2020

s 5G network, putting the country’s long-term competitiveness at risk,” Arun Bansal, head of the wireless equipment supplier’s European and Latin American operations told the news service. billion by 2025 from 2.6 “Decisive action is needed, uncertainty is not good for business and it could delay the roll-out of the U.K.’s

Policies 144

Policies Operations Meeting Report 144

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. Operational Efficiency : By using a common standard, banks can streamline their operations, reduce complexity, and simplify their infrastructure.

System 195

System Data Examples Payments 195

PYMNTS

APRIL 2, 2020

Financial institutions (FIs) face a perennial challenge in their day-to-day operations — convincing customers to use their products and services rather than a competitor’s. Big Data analytics reached a market valuation of $29.87 billion by 2025, with banks of all sizes leveraging such capabilities.

Analytics 237

Analytics Data Big Data social media 237

PYMNTS

DECEMBER 26, 2019

Lotte started its eCommerce arm in 2016, allocating $25 million with an eye toward gaining 20 percent market share within three years. The company is planning to completely exit retail to become a technology and industrial firm, focusing more on smart technology and new types of cars.

Retail 130

Retail Groups Maine Google 130

PYMNTS

FEBRUARY 26, 2020

Successful companies know they must be agile and flexible to meet customers’ ever-changing demands, forge valuable long-term supplier relationships and operate smoothly. Bringing AP automation to ERP offerings enhances working capital management, reduces operational costs and improves productivity. billion by 2025.

Software 209

Software Fraud Resources Tools 209

PYMNTS

DECEMBER 12, 2018

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts. What does that mean, then?

Fintech 211

Fintech Mobile Analysis Technology 211

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). Looking ahead at 2021, positive signs are on the horizon for the industry despite strains on CU operations due to the pandemic.

Tools 276

Tools Los Angeles New Jersey Trends 276

PYMNTS

AUGUST 27, 2018

Volkswagen has a $4 billion plan for connected and autonomous vehicle technology, one that includes a proprietary software operating system and will support car sharing, delivery and other services. The company plans to spend that money through 2025, according to a report from Reuters. Growing Market. OTA Software.

Software 100

Software Google Detroit System 100

PYMNTS

OCTOBER 30, 2019

Fleet-oriented solutions can help firms track and manage their vehicles, fuel-based spending and other costs, and some predict that the market for such solutions will reach $43.5 Similarly, the SaaS-based expense management market will register a CAGR of 8 percent between 2018 to 2025, with the global market size reaching $43.5

Management 103

Management System Report Operations 103

PYMNTS

JANUARY 2, 2020

The Hong Kong-listed Razer created a consortium to form Razer Youth Bank with Singapore startups and Asian billionaires, including local supermarket operator Sheng Siong Holdings and early-stage tech venture capital firm Insignia Ventures Partners. Billionaire Jack Ma’s Ant, which is part-owned by Alibaba, put in a bid on Thursday (Jan.

Digital Banking 130

Digital Banking Capital Google Cards 130

PYMNTS

JULY 7, 2020

The Southeast Asian country’s national tax office announced it will impose a 10 percent value-added tax (VAT) on foreign global technology companies as the nation looks for ways to defray the costs of battling the economic effects of the COVID-19 pandemic, Reuters reported. The country’s total budget for 2020 is $177.6

Taxes 141

Taxes Google Seattle National 141

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. Teletherapy.

Industry 101

Industry Technology Online Video 101

PYMNTS

JANUARY 24, 2020

It’s operational in the Middle East, Southeast Asia and India. Together, we have a unique opportunity to use Mastercard’s global presence and technology infrastructure to enhance our growth and enable us to meet the growing needs of customers in India and beyond.”. billion by 2025. billion in 2021, and $52.5

Payments 152

Payments Innovation Study Meeting 152

PYMNTS

JUNE 7, 2019

Combined, the two Chinese companies have a market share of around 40 percent, the report noted. Half of this (additional cost) would be due to European operators being impacted by higher input costs following the significant loss of competition in the mobile equipment market,” the report said.

Samsung 128

Samsung Groups Analysis Operations 128

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. Get your essentials in a flash,” Apple said in a marketing email, according to reports. consumers are expected to use in-store mobile payments by 2021.

Retail 259

Retail Payments Mobile Apple 259

PYMNTS

FEBRUARY 5, 2018

The report noted that if competitors are able to make inroads before the Mercedes efforts hit streets, it may not matter how much more technologically advanced it is. Consulting firm Frost & Sullivan estimates that autonomous cars could be a market worth as much as $83 billion by 2025, which means the clock is ticking.

Report 167

Report Technology Operations Management 167

PYMNTS

NOVEMBER 8, 2016

The move comes as part of a larger targeting of Southeast Asian markets, according to TechCrunch , starting with beginning selected regional services in Singapore in the first quarter of 2017. But Amazon isn’t waiting until 2025, or even 2020. Its small size makes establishing an operation simple. Singapore, it turns out.

Regional 148

Regional New York City National Google 148

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

JUNE 27, 2017

The Groupe Spéciale Mobile Association ( GSMA) announced Monday that its Mobile IoT Initiative was gaining traction with multiple commercial rollouts of Low Power, Wide Area (LPWA) solutions by several mobile operators including AT&T, China Mobile, China Unicom, China Telecom, Deutsche Telekom (DT), Verizon and Vodafone.

Mobile 100

Mobile Operations Marketing Groups 100

PYMNTS

FEBRUARY 1, 2018

Online marketplace Farfetch is planning to launch new mobile technology that will allow shoppers to flag items with their phones as they shop in stores. Retail shops still operate in the 80s.”. China is one of Farfetch’s fastest growing markets. We think it’s a tremendous opportunity and it’s actually inevitable.

Mobile 100

Mobile Retail Branding Study 100

PYMNTS

DECEMBER 3, 2019

The key to that future is emerging 5G mobile network technology. Sure, retailers, healthcare providers and other operations with firm footing in the digital economy are seeking, finding and crafting use cases for 5G, which, above all, promises speedier and more robust information flows among people and businesses.

Payments 149

Payments Mobile Industry Technology 149

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

United States 100

United States Industry Security Technology 100

PYMNTS

SEPTEMBER 18, 2019

In a market without Open Banking regulations, FinTechs continue to enter in to the market, collaborating with bank partners to offer their own financial services — which often compete directly with other financial institutions. On the friend side of that, they have the ability to help banks with technology.”.

Fintech 144

Fintech Payments Meeting Capital 144

PYMNTS

JULY 9, 2019

Those three words strike at the heart of identity, and mean so very much when it comes to the efficient operation of the global digital economy and its continuing growth, whether via retail, payments, financial services, healthcare or other areas. Everything is moving toward digital.”. Biometric Markers.

Security 191

Security Online Fraud Samsung 191

PYMNTS

AUGUST 7, 2020

Online gambling is also picking up, with the market predicted to be worth $102.9 by 2025 and to experience an 11.5 Another technique targeting popular gaming apps is device flashing, which occurs when cybercriminals change device identifiers to avoid making others suspicious of multiple accounts operating on the same system.

Online 222

Online System Fraud Video 222

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

FEBRUARY 27, 2019

Faster payment schemes are advancing worldwide, with the global real-time payments market expected to increase at a compound annual growth rate (CAGR) of 32 percent between 2019 and 2025. Around the Faster Payments World. Elsewhere in the U.K., payment services company SafeCharge made moves to help its clients expand into the U.S.

Nebraska 144

Nebraska Risk Management Apple Payments 144

PYMNTS

JUNE 10, 2016

By the year 2025, these travelers will spend an average of $5,300 on each of those trips – an increase of nearly 35 percent over the ten-year period 2015-2025. Tomorrow’s traveling class will likely be older and hail from emerging markets, looking very different from today’s typical international traveler,” he remarked.

Meeting 100

Meeting Study United States Branding 100