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Resolution Plan Submission Period Extended by Key Financial Agencies

Perficient

Moving forward, these institutions will need to submit their resolution plans by March 31, 2025. With a deep understanding of the regulatory landscape, our CoE experts support over 500 financial institutions with innovative software, ensuring seamless navigation of challenges.

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Solve This Problem with Your Strategic Horizon

South State Correspondent

If you are a typical banker and you agree with the above, then your conclusion will likely be that 2025 should be spent focusing on your core business. Strategic Horizon and Capital As mentioned, the problem that bank’s often run into when it comes to strategic planning is their time horizon is too short.

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How Retailers Could Turn Smart Vending Into A $15B Market By 2025

PYMNTS

The estimated value of the global intelligent vending machine market by 2025 is $15 billion. The expected CAGR of the global parking meter market from 2018 to 2025 is 6.97 From parking to frozen yogurt, retail verticals of all sorts are experiencing disruption through innovative technologies such as apps and unattended retail.

Retail 177
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Mphasis Teams With R3 On Blockchain Payment Solutions

PYMNTS

With the new partnership and solution, Mphasis customers can access new payments, working capital and Foreign Exchange services, with an aim toward meeting the needs of small and medium-sized businesses (SMBs). Corporate payments are also a big driver in that space, with 17 percent of B2B payments expected to be real-time by 2025.

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Startups, Instant Payments Could Put $280B In Global Payments Revenue At Risk For Banks

PYMNTS

trillion global payments market with free services, banks could lose as much as $280 billion in revenue by 2025, according to an Accenture report and press release circulated on Monday (Sept. In addition to Accenture’s research, 240 bank executives across 22 countries were surveyed about their plans to capitalize on digital disruption.

Payments 150
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Funding Societies Adds Financing To SGeBIZ Procurement Platform

PYMNTS

The survey predicted innovations in SMB working capital financing to grow more than 20 percent by 2025. Through the partnership, Funding Societies seeks to lower the barrier of access to working capital for small businesses. Since Funding Societies is also looking at growth, the partnership seemed logical.

Capital 141
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AI Loan Startup Kreditech Raises $22M For Global Growth

PYMNTS

VC Runa Capital is leading the round. HPE Growth, Amadeus Capital Partners and an unnamed private German investor all participated. With a new strategy in place, a solid capital base and our highly motivated and experienced team, we are perfectly positioned to achieve our goals,” said David Chan, Kreditech CEO.

Capital 109