PYMNTS

OCTOBER 23, 2019

As more retailers try to get more shoppers into their stores – not everything is about eCommerce, after all – new technologies are playing a big role. Many retailers use beacons now, but they’re almost always hidden,” that report said. The market is growing and will reach some $10.2 Related Innovation. percent since 2018.

Innovation 101

Innovation Mobile Retail Regional 101

PYMNTS

MARCH 22, 2019

Faster payments is starting to make a splash in healthcare — thought as one source cautions, innovation in B2B payments is about more than “getting faster.” percent: Projected CAGR of the global self-service kiosk market through 2024. billion: Estimated size of the eCigarette market by 2025.

Payments 115

Payments Software Meeting Innovation 115

PYMNTS

NOVEMBER 8, 2019

Innovations — some more fantastical than others — keep emerging, though. The rise of new authentication methods is one of the driving forces in the growing biometric market. According to new research , the global biometric system market is set to grow at a CAGR of 14.6 percent between 2019 and 2024 to reach $65.3

Innovation 120

Innovation Fraud Security Data 120

Perficient

FEBRUARY 2, 2023

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. million in 2024. In 2023, we expect to see this response exaggerated and heightened. million this year and 94.4 billion of economic output.

Industry 471

Industry Trends social media Payments 471

PYMNTS

OCTOBER 16, 2019

SnapPay said the technology gives users greater convenience and security when shopping at mainstream retailers. Although it is based on the same tech that is available now in Asia, SnapPay is initially launching in North America to select retailers. or Canadian dollars. . or Canadian dollars. .

Payments 174

Payments Retail Mobile Analysis 174

PYMNTS

OCTOBER 24, 2019

In other retail news, beacons are fueling commerce innovation as more retailers try to get more shoppers into stores. 10.2: Projected value of global beacon technology market by 2024. Business-to-consumer (B2C) subscription companies are taking measures to reduce customer churn.

Training 101

Training Retail Innovation Strategy 101

PYMNTS

JULY 13, 2020

The greatest health crisis in a generation is poised to accelerate innovation at the intersection of healthcare , technology and payments as never before. We’re not in retail healthcare,” Walmart senior director of strategy and customer experience for health and wellness Matt Parry told MedCityNews. We’re in healthcare.

Retail 219

Retail Innovation Online Seattle 219

PYMNTS

AUGUST 9, 2019

Outdoor apparel retailers are reinventing their brick-and-mortar spaces to connect with customers by making stores into destinations that offer experiences. In the updated retail space, the company said, customers will “immediately feel The North Face heritage and experience the brand’s values.”

Retail 108

Retail New York City New York United States 108

PYMNTS

SEPTEMBER 29, 2017

IoT-enabled televisions, refrigerators and even vehicles are becoming mainstream, and even smartwatches are seeing the effects of connected innovation. 82 million | Projected value of smart sensor market revenue by 2024 in USD. Here are the numbers: 1.8 percent increase over 2016.

Innovation 111

Innovation Data Exercises Study 111

PYMNTS

FEBRUARY 4, 2019

To serve customers who want to shop in stores and online, retailers and solution providers are working to offer a unified retail experience across multiple channels. According to the latest PYMNTS mPOS Tracker , almost two thirds – or 63 percent – of retailers plan to offer this option within the next three years.

Innovation 126

Innovation Retail Mobile Massachusetts 126

PYMNTS

OCTOBER 21, 2019

Data: $38T: Estimated value of the global B2B payments market. percent: Portion of adventure travelers who would travel more if they had access to innovative payments. 2024: Expected arrival of Federal Reserve’s real-time payments system. 17: Number of countries where Western Union supports real-time payments.

Payments 122

Payments Data Innovation System 122

PYMNTS

FEBRUARY 14, 2020

Brick-and-mortar retailers are opening smaller-scale locations packed with technology designed to meet the needs of shoppers in cities. The retailer said that “almost 90%” of the selections in the store were chosen to meet the needs of Mansion House customers. billion by 2024 from £18.5 billion last year per IGD.

Miami 130

Miami United States New York City Retail 130

PYMNTS

AUGUST 7, 2019

The concept serves as an experiential marketing avenue for product manufacturers and retailers. The Automated Retail Market. The vending and unattended retail space is taking off. air travelers are interested in self-checkout retail at airports. The report also found that 35 percent of surveyed U.S.

Chicago 124

Chicago Retail Denver Austin 124

PYMNTS

APRIL 15, 2019

To help build customer loyalty, eCommerce and brick-and-mortar retailers have a myriad of tools on hand: Cashiers can sign customers up for loyalty cards at brick-and-mortar stores, and eCommerce sites can send customers special offers and coupons by email. Europe’s 2017 share of the coin-operated vending machine production market is 30.3

San Francisco 130

San Francisco Retail System New Jersey 130

PYMNTS

APRIL 15, 2019

Data: $310 million: Projected value of the kiosk market’s food and beverage revenue by 2021. 12 percent: Projected global CAGR for the smart vending machine market from 2019–2021. 25: Number of C-suite executives queried for the PYMNTS Innovation eBook. 40 percent: Share of Honeyfi’s customer base that are unmarried couples.

eBook 100

eBook Community Innovation Data 100

PYMNTS

OCTOBER 11, 2019

Great news for innovative retailers. The self-checkout system market is expected to increase from its current value of $2 billion to more than $4 billion by 2024, according to a new study. Retailers can also be hit with painful chargebacks, and card issuers are liable for in-store purchases. Less so for cashiers.

Retail 117

Retail Study Minnesota Video 117

PYMNTS

JANUARY 12, 2021

The advantages of outsourcing the back-end integrations and compliance issues tied to, say, international markets can accrue swiftly to corporates’ bottom lines, free up resources and streamline back-end processes. billion in 2024, PYMNTS reported in The FI’s Guide to Modernizing Digital Payments. Flexibility Is Key.

Payments 260

Payments Compliance Technology Taxes 260

PYMNTS

FEBRUARY 1, 2021

By embracing the dual EV and AV strategies, GM has given a de facto endorsement to the changing dynamics that have made segment leader Tesla the behemoth it is today — its $750 billion market value is about 10 times that of GM’s. Tesla Vs. The Rest. More broadly speaking, the EV/AV uptrend will also reshape the tech industry.

Detroit 256

Detroit Arizona Industry Meeting 256

PYMNTS

JANUARY 7, 2020

At the same time, he saw innovation and growth in the Airbnb short-term rental space. They can then select a host, which could be, say, a retail store or hotel, and enter their drop-off and pick-up times in addition to their number of small and/or large bags. Pricing and Target Market. It will also serve older audiences.

New York City 132

New York City Washington Training Austin 132

PYMNTS

JULY 23, 2019

The global digital payments market was valued at $3.4 billion by 2024, a CAGR of 13.7 percent, during the forecast period of 2019-2024. Major platforms like Airbnb have also dipped into this market, offering experiences and adventures as alternatives to typical tours. billion in 2018 and is expected to reach $7.6

Google 134

Google Mobile Apple Samsung 134

PYMNTS

MARCH 25, 2019

According to IHS Markit, by 2024 there will be some 75 million vehicles with display screens, and many of them will be compatible with food ordering platforms. “Domino’s is the world’s largest pizza company, and they’ve always been technological innovators. ”

Regional 122

Regional Google Innovation Meeting 122

PYMNTS

JULY 12, 2019

For better or worse, call centers are often retailers’ public face. According to the latest Call Center Commerce Tracker , the global call center AI market is projected to increase at 28.5 percent CAGR between 2019 and 2024. percent CAGR between 2019 and 2024. Balancing Virtual Assistants With Live Help.

Study 135

Study Mobile Fraud Retail 135

PYMNTS

AUGUST 6, 2019

The problem with the private solutions in the market, Brainard noted, is that they are “closed loop” making real-time transfer services only between those app users — and some apps simply can’t reach all of the approximately 10,000 banks in the United States. And, in fairness, it isn’t exactly going to exist tomorrow either. What Comes Next

System 214

System Payments Operations United States 214

PYMNTS

JANUARY 12, 2021

The advantages of outsourcing the back-end integrations and compliance issues tied to, say, international markets can accrue swiftly to corporates’ bottom lines, free up resources and streamline back-end processes. billion in 2024, PYMNTS reported in The FI’s Guide to Modernizing Digital Payments. Flexibility is Key.

Payments 153

Payments Compliance Technology Taxes 153

Bobsguide

MARCH 28, 2022

Dubai, UAE, London, UK, New York, US – March 28, 2022 – Finastra today published a market assessment report: ‘Banking as a Service: Outlook 2022 | Paving the way for Embedded Finance’. Key findings include: • More than 80% of regulated financial services providers expect the overall BaaS market to grow.

Innovation 60

Innovation Lending social media Retail 60

PYMNTS

DECEMBER 18, 2019

From McDonald’s to Starbucks , quick-service innovators are expanding their mobile ordering efforts with the inclusion of delivery. Wendy’s is looking to bring sales from digital orders up to 10 percent by 2024. markets in which Starbucks delivers is 16. McDelivery was to be available both on Seamless and on Grubhub.

Mobile 131

Mobile New York City Innovation New York 131

PYMNTS

OCTOBER 20, 2020

Add in ghost virtual-ordering kiosks and physical locations and Luis Vega , RobinFood co-founder and COO, expects RobinFood to become Latin America’s largest player by restaurant count by 2024. “We Despite low average incomes, Latin America offers a huge overall market size and growth potential.

Company 184

Company America Kentucky Regional 184

PYMNTS

NOVEMBER 14, 2019

The Uber of furniture ,” P2P closet-sharing and crowdshipping all certainly sound innovative. digital and physical goods that’s expected by 2024. It’s easy to get caught up in the hype of new sharing economy platforms. “ There’s a lot of competition to capture the $6 trillion in online payments for U.S. Cash Is Still King for Many.

Payments 124

Payments United States Online Google 124

PYMNTS

MAY 31, 2018

Internet of Things (IoT) technology isn’t just for a smart fridge or a smart speaker in the home: It also has applications for retailers. With the ubiquity of smartphones, people expect to have access to data and be notified on these devices,” said Ray Almgren, chief marketing officer at Swift Sensors. trillion in 2024.

Marketing 142

Marketing Google San Francisco Technology 142

South State Correspondent

JANUARY 3, 2024

These books span a range of banking topics but emphasize second-order thinking, productivity, building client relationships, and innovation. This book will be needed by bank CEOs in 2024. Blue Ocean Strategy, Expanded Edition: How to Create Uncontested Market Space and Make the Competition Irrelevant (Newly Updated) by W.

Leadership 370

Leadership Management Strategy How To 370

CB Insights

JUNE 7, 2021

Marqeta is currently trading at $16B in the private market. Below, we take a look at where the company is gaining traction across the payments technology market and where it might face challenges as it enters the public domain. . Massive market opportunity driven by the pandemic and shift to digital payments . Key Takeaways.

Cards 73

Cards Innovation Payments Fintech 73

South State Correspondent

MARCH 28, 2024

The various programs are wide ranging, complicated, and impactful which is why now is an excellent inflection point to provide financial advisory to both your retail and commercial customers. Retail: Many of the Investing in America programs target households. These acts impact more than 55,000 locations throughout the U.S.

America 195

America Strategy Taxes Community 195

PYMNTS

AUGUST 16, 2019

These transactions reached $144 billion in value in 2014 and could hit $240 billion by 2024. Remittances to developing nations continue to grow, which has spurred many global markets to pursue efforts to enable more efficient cross-border payments. innovations. Remittances on the Rise. and Australia’s NPP.

Payments 204

Payments System Fintech Innovation 204

PYMNTS

JANUARY 28, 2021

For enterprises, the lure is there to streamline B2B payments, or offer preferred payments in a given market (to name one example). GTreasury will be directly integrated into BNY Mellon's LiquidityDirect money market funds investment platform. Separately late last year, BNY Mellon announced a partnership with GTreasury.

Payments 151

Payments Texas Management Technology 151

CB Insights

MARCH 19, 2019

IoT cellular connections will use 5G worldwide by 2024, according to Ericsson. Samsung and AT&T have partnered to create the United States’ first manufacturing-focused 5G “ Innovation Zone ” in Austin, Texas. 5G could lead to innovative solutions in energy production, transmission, distribution, and usage.

Industry 78

Industry Video Mobile Technology 78

PYMNTS

JULY 12, 2019

Visa Invests In Crypto Storage Innovator Anchorage. With the digital identity market expected to reach $15 billion by 2024, major ID providers such as Google and Apple are racing to improve the identity verification experience. Cashierless Innovation In Retail Gets a Fresh Boost In the UK. Reports and Trackers.

Retail 108

Retail Comparison Trends Innovation 108

PYMNTS

OCTOBER 11, 2019

And its investment in MercadoLibre, a Latin American retailer, dropped 10 percent. Here is what we’ve learned from the Libra experience that may be helpful to other innovators who have large plans to change the world. Subscription Payments Meet Emerging Markets (GoCardless Global Recurring Payments Tracker). As of Oct.

Cards 116

Cards Online Houston Digital Banking 116