Remove 2026 Remove Innovation Remove Management Remove Technology
article thumbnail

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
article thumbnail

Virtual Assistants Join The Corporate Finance Team

PYMNTS

Increasingly, as consumers become more comfortable interacting and conversing with virtual bots and digital assistants, these technologies are stepping into corporate finance departments and finance teams, too. Polaris Market Research says intelligent virtual assistant technology is expected to be a $21.5

Analytics 147
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

South State Correspondent

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. Generative AI: Traditional AI was ever-present in touted solutions regarding fraud, risk management, and the customer experience. Maybe a topic for next year?

article thumbnail

Today In Data: Corporate Travel Spend, UK Cash Is King And Cannabis’ Growth

PYMNTS

When it comes to payments and technology innovations, some industries are seeing massive growth, and others are seeing declines. trillion | Amount the Global Business Travel Association (GBTA) estimated global travel and expense management market corporate travel spend was worth in 2015. $70 Here are the numbers: $1.2

Data 116
article thumbnail

How Fuel Cards Hold Fleets Back From EV Adoption

PYMNTS

The adoption of fleet cards and electronic payment technologies in the fleet industry supports the sector’s push toward digitization and innovation. The administrative burden of managing apps and subscriptions for each EV charging station supplier might significantly hamper companies’ electrification of their fleets.

Cards 128
article thumbnail

How Digital Verification Creates Seamless Experiences For Shoppers

PYMNTS

These are just some of the ways merchants – as well as technology providers – are using biometrics or other digital innovations to onboard customers or help them make purchases: Almost three quarters – or 74 percent – of customers consider security the most important element of their online experience. as of last August.

Online 110
article thumbnail

Deep Dive: How Restaurant Operators Are Driving mPOS Evolution

PYMNTS

While some initially waited to see how mPOS offerings would affect the restaurant industry, operators now appear to be hustling to adopt these technologies. Restaurants seem to be taking innovation to heart, particularly as they prepare to face increased competition in an ever-growing market.