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3 Fintech Predictions for 2018 [SPONSORED]

Bank Innovation

Rarely a day goes by that the financial industry isn’t being infused with the latest and greatest technologies. Fintech, or the marriage between finance and technology, is several decades in the making. For market participants, this means a world of possibilities.

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Global App Spending Hit $101M In 2018, Driven By Developing Market Growth

PYMNTS

And that dominance came during a slowdown in the Chinese smartphone market, as well as some games being frozen on the market. All in, Chinese consumers were behind 40 percent of the $101 billion in app-related purchases in 2018 — including paid downloads, in-app purchases and in-app subscriptions.

Marketing 139
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Nearly 100 Chinese Tech Startups Hit Unicorn Status In 2018

PYMNTS

China’s startup market had a good year in 2018, with close to 100 technology companies garnering a valuation of more than $1 billion. Hurun also found that in 2018 there were 24 Chinese tech initial public offerings (IPOs) but that investors appear to be souring on IPOs because of their weak performance.

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First Data: 2018 Was The Year Of The Store

PYMNTS

Glenn Fodor, SVP and head of First Data Insights, contributed the following piece as part of PYMNTS’ 2018 year-end eBook. Furthermore, Amazon expects physical retail sales will likely be north of $15 billion in 2018. Most notably in its offline push during 2018, Amazon launched a series of cashierless concept stores known as Amazon Go.

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Top banking and financial markets blogs in 2018

Insights on Business

Looking at the top five blog entries of 2018, we see that using technology to meet the ever-increasing scale and rate of regulatory change is top of mind for financial service organizations. As Marc Andrew’s notes in his blog, Demystifying AI for risk and compliance , in 2018, we saw AI tackle exhausting regulatory requirements.

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Reaching Millennial Travelers With Payments Technology

PYMNTS

The travel and hospitality industries , however, are changing to accommodate more complex payment technologies. Data: $762B: Amount that domestic and international leisure travelers spent in 2018. 50%: Projected share of millennial spend in the personal luxury market by 2025. All this, Today in Data. 59%: Share of U.S.

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Augmented Reality Adds 3D Technology To Boost Retail Conversions

PYMNTS

Vince Cacace , CEO of Vertebrae, told PYMNTS that AR in 3D has become a high-demand technology for all kinds of products and retailers. “We In early 2018, goodr grew from a small community of runners buying its products to appeal to a larger fanbase. The growth spiked traffic and sales, but the company’s conversion rate dropped.

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