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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.

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Payment innovations remain Apple’s top FinTech priority | Deutsche Boerse to issue digital securities | Digital Euro will not be available until 2026

Bussman Advisory

The post Payment innovations remain Apple’s top FinTech priority | Deutsche Boerse to issue digital securities | Digital Euro will not be available until 2026 appeared first on Bussmann Advisory AG. Subscribe now to our weekly newsletter. Contact us at info@bussmannadvisory.com for more details.

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Snapchat Parent Seeks Profits As It Raises $1B In Debt Securities

PYMNTS

Snap plans to use the funds for “general corporate purposes,” and possibly “to acquire complementary businesses, products, services, or technologies,” the news outlet said. . The social media platform is also courting big pharma companies to advertise on Snapchat, reportedly pitching itself as a friendlier alternative to Twitter and Facebook.

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AI Takes The Measure Of Fashion Retailing

PYMNTS

The ongoing pandemic (COVID) has forced the fashion industry to vamp up the technologies which can make people safer as well as give [customers] an enriching experience. There has been increased demand for AI in the fashion industry, according to Infoholic, partially due to social media and the rise of influencers.

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The Rapid Rise Of Social Credit Scores 

PYMNTS

Since roughly 2014, the Chinese government has been working on the system, which is designed to be a “method to perfect the socialist market economy system, accelerating and innovating social governance,” according to a State Council notice from 2014. Not paying one’s debts, for example, is an obvious one. and around the world.

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APP Scams: What Impact Will the PSR’s Proposals in the UK Have?

FICO

The vast media attention on the various types of payment scams has helped keep awareness high. Payment scams reached unprecedented levels last year and look set to double by 2026. For example, fraudsters are increasingly using social media or infiltrating WhatsApp groups with friendly offers of quick cash.

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Amazon Sizzles, CX Border Fizzles And Humans Win One Against The Machines 

PYMNTS

Our research shows that the impact of technology advances on jobs will be felt more profoundly by some groups than others, with education level a key differentiator,” Jon Andrews, head of technology and investments at PwC UK, said in the report, as quoted in Computer Weekly. The tailwind will come in part via ISO 20022 messaging.

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