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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. That smaller size opens up whole new markets, and gains access to spaces that have never had a retail experience [as] a part of it.”. The projected CAGR of the global interactive kiosk market from 2019 to 2027 is 6.1

Retail 177
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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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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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AI Loan Startup Kreditech Raises $22M For Global Growth

PYMNTS

Kreditech, an AI-based loan startup that targets emerging markets, has raised $22 million in its latest funding round, according to a report. VC Runa Capital is leading the round. HPE Growth, Amadeus Capital Partners and an unnamed private German investor all participated.

Capital 109
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McKinsey Bank Survey Shows 50 Percent Not Strong Enough To Survive Slump

PYMNTS

Mergers and acquisitions will continue, Rajgopal said, and it’s a smart way for banks to lower expenses and innovate with new technology. trillion global payments market with free services, banks could lose as much as $280 billion in revenue by 2025. As more startups penetrate the $1.5

Survey 101
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How QSRs Bring Mobile And Digital Payments To The Table

PYMNTS

In the age of quick-service restaurant (QSR) dining technology innovation, restaurants are frantically looking into ways to provide consumers with mobile ordering bells and whistles like third-party payment integrations, rewards programs and surprise-and-delight offers.

Mobile 179
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Augmented Reality Growth Fueled by Chinese Investments

PYMNTS

According Digi-Capital , which tracks AR investments, China-based funding for augmented reality and computer vision technologies hit $3.9 billion of retail annually by 2025, fueled by the shopping habits of some 32 million consumers. billion over the last 12 months, surging ahead of North American investment. Investment Shift.

Apple 197