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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. We also expect other social media channels to roll out their own shopping capabilities or upgrade their existing shopping features.

Industry 471
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Big Tech Faces Regulation Reckoning As 2021 Dawns

PYMNTS

Starting with some of the most recent changes — and a sign of what’s to come — earlier in the month, the European Commission offered up its initial draft of the Digital Services Act and the Digital Markets Act. As reported in this space , the DSA and DMA cover online marketplaces, social media and other platforms.

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RILA On How United States Retailers Are Responding To Changing Privacy Rules

PYMNTS

The critical question, then, is not whether retailers can comply with these rules, but how they will do so while remaining competitive, Nicholas Ahrens, vice president of innovation at U.S. The country’s standards are lacking compared to other markets in which local citizens already enjoy protections, such as the EU. “In

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Pinterest Enters Top Three Social Platforms; Shares Spike 13 Pct.

PYMNTS

s Snapchat to take the spot as the third-largest social media platform in the United States, shares of the social media firm jumped by as high as 13 percent on Tuesday, Bloomberg reported. market saturation. After a report indicated Pinterest came out ahead of Snap Inc. ’s million U.S.

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Luxury Retail Steps Up Its Offline And Online Game

PYMNTS

Bloomberg reports that it offers a bevy of innovative options intended to entice customers into spending more time shopping. Tencent, which has the popular WeChat Pay platform as well as the social media platform Weibo, will offer one-stop shopping for Burberry items in one of the world’s most important luxury markets.

Retail 131
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Fintech Is Back

Bank Innovation

But the fintech market has rebounded. In 2017, in the United States, overall VC funding -- a barometer of startup activity and appeal.Read More. At this time last year, fintech was in a downturn. Fintech venture funding was down more than 9% year-over-year; valuations seemed stuck.

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Let’s Talk About European Attitudes Toward US Tech Firms

PYMNTS

It’s beginning to feel like two kids talking smack in a high school hallway — except, in this case, billions of dollars are involved, along with issues of privacy and innovation. technological might when it comes to social media, eCommerce and the digital world. Don’t worry, though — the Americans can give as good as they get.