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Banks Should Make 2024 a True ‘Year of Digital’

Gonzobanker

2024 will prove to be a remarkably busy year in the digital space, when many financial institutions will make near-life-or-death choices about the future of their digital platforms and how they will support them. Get ahead of the game and resolve to make 2024 the institution’s true Year of Digital. Follow Josh on LinkedIn.

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How Unattended Retail Is Getting Smarter

PYMNTS

According to Will Byrne, CEO of Worldnet Payments , the kiosks and smart shelves that are gaining traction across any number of commerce and retail settings may even shift the employment picture a bit. The Changing Retail Footprint. As unattended retail notches an increasing footprint, said Byrne, other use cases will also emerge.

Retail 138
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Clothing Reseller ThredUp Files For IPO

PYMNTS

Online clothing retailer ThredUP has filed confidentially for an initial public offering (IPO) in the U.S., And Bloomberg says that by 2024, the market could continue to grow and quadruple in value. Securities and Exchanges Commission (SEC). Bloomberg reports. ThredUP submitted its statement to the U.S.

Oakland 222
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Deep Dive: Why ML Plays A Key Role In Debit Issuers' Fraud-Fighting Strategies

PYMNTS

Security challenges are mounting, too. PIN-based debit transactions are some of the most secure, but this payment method is being used less and less, with consumers instead turning to eCommerce and in-person contactless payments during the pandemic. 3D Secure 2.0 3D Secure 2.0 The Face of Fraud.

Fraud 273
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Cash Out: PhonePe On India’s Mobile Payments Adoption

PYMNTS

The workers can then use these cards to make retail payments in-stores and online, as well as collect cash at the ATM. These policies could inform businesses on how they can securely and compliantly leverage DLT to send money internationally, and recent reports anticipate that the EU could adopt DLT legislation by 2024.

Mobile 220
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The Grocery Industry’s Self-Driving Future

PYMNTS

However, all that growth may be hampered by the fact that consumers are still wary of IoT when it comes to security. It’s expected that there will be 22 billion IoT-connected devices at play by 2024 — that is, if they can be secured and trusted. Around The IoT World. Around The IoT World. IoT, Grocery And The Connected Car.

Security 162
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Crowdshipping May Be The Next Sharing Economy Frontier

PYMNTS

One of the latest retail-related trends is “crowdshipping,” i.e. crowdsourced delivery. The total transaction value of the fast-growing online payments industry for all products is set to surpass $6 trillion by 2024, according to our Payments and the Platform Economy Playbook. Crowdshipping Security and Trust.

Retail 116