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CUs Use AI, Cloud-Based Tools To Drive Member Engagement

PYMNTS

The global contactless payment market is projected to reach $18 billion by 2025, in fact, up from $10 billion last year — a nearly 12 percent compound annual growth rate (CAGR). Contactless payment innovation is underway at the nation’s CUs as the public shuns cash and even physical cards to lower the risks of infection.

Tools 276
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Why Innovation Is Nothing Without Distribution

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More important, perhaps, than the innovations they made on behalf of their more famous lead players, was how their contributions accelerated those innovations’ time to market. Innovation in payments and commerce has an unsung hero, too. And who will influence how innovation happens. Distribution. But, I digress.

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Mastercard Invests In Asia’s Pine Labs For Electronic Payment Options

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“Together, we have a unique opportunity to use Mastercard’s global presence and technology infrastructure to enhance our growth and enable us to meet the growing needs of customers in India and beyond.”. billion by 2025. The middle class in South Asia is growing, and increasingly seeks more “buy now pay later” (BNPL) options.

Payments 152
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Visa Inks Partnerships With More Football Associations

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In a press release, Visa said it will implement its payment technology at the tournament venues and provide exclusive experiences for cardholders. These tournaments allow us distinctive opportunities to showcase Visa’s payment innovation, strengthen partnerships and highlight our evolved offerings to clients and fans.”.

National 115
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Jaguar Land Rover Moves Forward With Subscription Program

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and European automobile “sales” by 2025. “The early trials have proven this as an effective way of encouraging new customers to try the brands, with 80 percent of new members not having previously owned a Jaguar or Land Rover vehicle,” the release stated.

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Farfetch IPO Shows Luxury Retailers Ready To Ware Online

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As the company claims in the F-1: “Farfetch is the leading technology platform for the global luxury fashion industry. We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. We are redefining how fashion is bought and sold through technology, data and innovation.”.

Online 101
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VW Will Build Its Own Connected Vehicle Software

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Volkswagen has a $4 billion plan for connected and autonomous vehicle technology, one that includes a proprietary software operating system and will support car sharing, delivery and other services. The company plans to spend that money through 2025, according to a report from Reuters. Growing Market.

Software 100