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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

In fact, according to The Business Research Company’s 2022 Payment Security Global Market Report , the payment security market is expected to reach $43 billion by 2026. A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder.

Industry 471
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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

Identity management, ID proofing, preventing account takeovers, limiting card-not-present risk, the rise of social engineering on remote workers, and more cyber-crime-as-a-service offerings had most of the buzz. This will present some customer experience and technological hurdles for many financial institutions.

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Deep Dive: The State Of mPOS In North America

PYMNTS

Mobile point-of-sale (mPOS) solutions have enjoyed widespread uptake in much of North America, and the region’s related market could see continued growth if solutions providers, government officials and other stakeholders play their cards right. percent between 2017 and 2026. Mexico isn’t alone in facing mPOS adoption challenges.

America 128
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M&A, Bitcoin Trading Adds $8B In Market Cap To Square

PYMNTS

Square’s gross payment volume could reach $409 billion in 2026, or 4.1 percent of total U.S. payment volume, RBC Capital Markets analyst Daniel Perlin predicted in a recent note to clients.

Bitcoin 101
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Pride Vendors Look To Triple Sales With mPOS

PYMNTS

percent between 2017 and 2026. This is especially true in North America, where consumers are still heavily reliant on plastic cards and cash payments. It highlights different stakeholders’ contributions, including the institutions and technologies that come together to make mPOS solutions happen. In markets like the U.S.,

San Diego 130
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Construction Is Trying — Really — To Move Away From Paper

PYMNTS

Contractors typically have limited cash flow , and 46 percent of them must use personal savings and credit cards to cover the gaps left by late payments — which can serve to delay payrolls, too, and make it harder to retain labor when unemployment is low. ” But other figures give that situation a dimmer tone.

Software 105
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Building A More Compliant Cannabis Industry With The Blockchain

PYMNTS

The cannabis industry brought in a little over $6 billion in revenue in 2016 — a figure that some estimate will grow to as much $50 billion by the year 2026. Ralston argued it’s a situation blockchain technology is uniquely well-suited to solve. The problem is not in moving the supply. As a point of comparison, U.S.