PYMNTS

JANUARY 9, 2019

New data shows that venture capital funding of artificial intelligence (AI) companies jumped a whopping 72 percent last year, hitting a record $9.3 billion by 2025. The “Artificial Intelligence in Healthcare Market by Offering, Technology, End-Use Application, End User And Geography — Global Forecast to 2025?

Google 137

Google Apple Data Capital 137

PYMNTS

OCTOBER 5, 2018

One of the new realities of augmented reality is this: the technology is attracting more investment from China than from sources in North America. According Digi-Capital , which tracks AR investments, China-based funding for augmented reality and computer vision technologies hit $3.9

Apple 197

Apple Colorado Capital America 197

PYMNTS

JANUARY 13, 2021

Vietnam’s MoMo, the digital wallet company, has raised $100 million from a collection of six investors co-led by Goodwater Capital and Warburg Pincus. MoMo reportedly intends to use the funds to bankroll plans to become a “super app” as well as to go public in 2025.

Digital Banking 141

Digital Banking ATM Capital Regional 141

PYMNTS

DECEMBER 1, 2020

Plus, Altana raises funding for its supply chain technology, Velo Labs partners with Visa on SME lending and Google's former CEO backs a new tech fund. Supply chain intelligence company Altana AI landed a $7 million seed funding in an Amadeus Capital Partners-led round. Virgin Money, Redspire Team On Business Banking.

Payments 141

Payments Google Capital Lending 141

PYMNTS

OCTOBER 22, 2019

It advises that financial institutions should turn to outsourcing and technology before the economy slows down. Mergers and acquisitions will continue, Rajgopal said, and it’s a smart way for banks to lower expenses and innovate with new technology. As more startups penetrate the $1.5

Survey 101

Survey Fintech Innovation Report 101

PYMNTS

JANUARY 2, 2020

The Hong Kong-listed Razer created a consortium to form Razer Youth Bank with Singapore startups and Asian billionaires, including local supermarket operator Sheng Siong Holdings and early-stage tech venture capital firm Insignia Ventures Partners. 2) for a wholesale license, which has a capital commitment of $100 million.

Digital Banking 130

Digital Banking Capital Google Cards 130

PYMNTS

SEPTEMBER 25, 2019

VC Runa Capital is leading the round. HPE Growth, Amadeus Capital Partners and an unnamed private German investor all participated. We are on track to realize our vision, which is to be one of the leading technology-enabled consumer-lending companies; a FinTech platform of choice for both individuals and POS and eCommerce partners. “We

Capital 109

Capital Lending Strategy Fintech 109

PYMNTS

NOVEMBER 15, 2018

The round was led by Initialized Capital, with continued participation from CRV and Y Combinator, and new investors including Draper Associates. In addition, Garry Tan, co-founder and managing partner at Initialized Capital, and Devdutt Yellurkar, general partner at CRV have both joined Standard’s board. “The

San Francisco 135

San Francisco Retail Capital America 135

PYMNTS

FEBRUARY 20, 2019

Mojio, a company that focuses on connected car technology, has raised $40 million in a Series B funding round, according to reports. Mojio closed the round with financing from Kensington Capital, who led the round, along with T-Mobile, Bosch, BDC IT Venture Fund, Trend Forward, Innogy Ventures and Iris Capital, among others.

Capital 100

Capital Data Mobile Community 100

PYMNTS

APRIL 16, 2018

business is creating a venture capital-type unit. Reuters reported Barclays plans to build a team that includes technology experts, software developers and entrepreneurs who will work in lockstep with Barclays’ U.K. Barclays , gearing up to drive more innovation, and thus profit, in its U.K. businesses. banks starting Jan. 1, 2019.

Capital 122

Capital Strategy Innovation Operations 122

PYMNTS

JULY 9, 2019

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

Mobile Payments Los Angeles Hawaii 179

PYMNTS

AUGUST 21, 2019

That series will focus on global technology trends across financial services and how FinTechs and banks can work together across those efforts. It is indeed imperative that banks capitalize on these technological advances and the associated business models. Among the reported partners are Go Jek, DANA and OVO.

Fintech 174

Fintech Guidelines Policies Regulation 174

PYMNTS

DECEMBER 12, 2018

As that mobile technology get closer to mainstream introduction, the potential 5G ecosystem for FinTech and mobile banking is gaining clarity. Banks and credit unions are still wrestling with the best ways to deploy mobile technology, and do so in ways that balance security, and safe authentication, and consumer convenience.

Fintech 211

Fintech Mobile Analysis Technology 211

PYMNTS

SEPTEMBER 1, 2016

That’s according to Russia’s Far East Development Fund , which said an agreement has been made with Chinese technology company LeEco to develop an eCommerce platform focused on increasing food exportation to China. The Russian government runs and finances the Far East Development Fund, which has chartered capital of 15.5

Meeting 101

Meeting Capital System Mobile 101

Abrigo

FEBRUARY 3, 2020

Key Takeaways At many financial institutions, a substantial share of the IT budget is tied up in technology infrastructure and maintenance and cannot be used for new initiatives. Technology spending priorities. Banks spend about 7 percent of revenues on information technology, the report’s authors estimate.

Resources 150

Resources Security Customer Experience Fraud 150

PYMNTS

FEBRUARY 18, 2020

percent, and is expected to be a $102 billion eCommerce market by 2025. The company has the goal of finding and nurturing new technology companies. South Asia is the fastest-growing market in FinTech and eCommerce, according to Credify. The area is projected to be a $72 billion market for FinTech in 2020, at an CAGR of 72.5

Regional 171

Regional Lending Fraud Maine 171

PYMNTS

AUGUST 27, 2018

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.

Software 100

Software Google Detroit System 100

PYMNTS

SEPTEMBER 18, 2019

According to researchers, FinTech startups threaten to take a $280 billion piece of banks’ payment revenue pie by 2025 with their competing services — worth 15 percent, reports noted. On the friend side of that, they have the ability to help banks with technology.”. According to its latest research, some of the U.S.’s

Fintech 144

Fintech Payments Meeting Capital 144

PYMNTS

JUNE 10, 2016

By the year 2025, these travelers will spend an average of $5,300 on each of those trips – an increase of nearly 35 percent over the ten-year period 2015-2025. Visa estimated that by the year 2025, nearly half of all global households (945 million) will fall within this income range. Percent Increase.

Meeting 100

Meeting Study United States Branding 100

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet. Grab some popcorn and watch.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

NOVEMBER 29, 2018

The allure of blockchain was its potential to be a catch-all solution, but as innovators take a more practical approach to introducing the technology to the real world, its true opportunity may lie in addressing highly specialized, unique points of friction. trillion by 2025.

cryptocurrency 135

cryptocurrency blockchain Industry Technology 135

South State Correspondent

MARCH 23, 2022

It would do that by using technology, design, and data science to provide a customer experience that would generate its publicity. In general, because each product is built on the same technology platform and there are no branches, general and administrative expenses are approximately 85% lower than incumbent banks.

Branding 221

Branding social media Strategy Data 221

South State Correspondent

APRIL 24, 2023

Just when you were getting your bank’s head around how you will operationalize ChatGPT (our breakdown HERE ), AutoGPT, an application built on top of ChatGPT, gets released and takes the technology to a new level. By 2025, banks should be considering radically different business plans and execution platforms than they have now.

social media 195

social media Data Marketing Technology 195

PYMNTS

MARCH 25, 2019

At the same time, payments technology is advancing in the shared economy world, providing a counterforce of sorts. In fact, it is expected to produce global revenue of $335 billion by 2025, up from $15 billion in 2015, according to one recent estimate. And investors are still pouring capital into companies operating in the sector.

Los Angeles 135

Los Angeles Payments San Francisco Chicago 135

PYMNTS

JULY 25, 2017

“These are the people who are already over half the workforce and who are slated to be over three-quarters of the workforce by 2025. But, Passione noted, many of the players who are taking a pass on offering student lending and other forms of personal loans often aren’t doing so for lack of interest — but lack of ability via smart technology.

Lending 100

Lending Community Bank Millennials Community 100

Accenture

AUGUST 26, 2019

In addition, a number of revolutionary ideas have recently hit the financial services industry, including digital and cryptocurrencies, as well as distributed ledger technology and blockchain. How to speed up learning a new language?

Industry 174

Industry Payments System Guidelines 174

PYMNTS

SEPTEMBER 14, 2016

In investing, whether across equities, private placements or venture capital activity, no one likes the term “anemic.”. Of that figure, 71 percent, or $145 million, came from the FinTech sector, with the biggest deal, at $119 million, tied to OfferUp, a Craiglist.com rival, raised through Warburg Pincus and also GGV Capital.

Big Data 100

Big Data Fraud Software Analytics 100

Bussman Advisory

DECEMBER 18, 2018

With a groaning bear market dampening the crypto hype, it is easy to forget that blockchain technology continues to hold much promise. Coupled with access to global pools of capital, 24/7, opportunities abound. The idea of programmable equity brings possibilities of immense liquidity and efficiency at lower costs.

blockchain 45

blockchain Trends Security Marketing 45

CB Insights

APRIL 6, 2018

The following is a guest post by Paul Asel, managing partner at NGP capital. We dive into the state of AVs and other mobility technologies converging to reinvent both urban and long-distance transportation. Sources: NGP Capital analysis based on Moovit, AllTransit, Inrix, Nexar, city government data.

San Francisco 50

San Francisco Los Angeles New York US 50

Lex Sokolin

OCTOBER 28, 2020

In particular, we want to discuss two behemoths: IBM, the consulting and technology company, and Reliance, the Indian conglomerate. Having largely lost the personal computer era to other technology firms, IBM repositioned in the 1990s as an enteprise services business. Not financial infrastructure, there’s enough of that already!

blockchain 40

blockchain Google National Apple 40

CB Insights

APRIL 23, 2019

Fifth-generation wireless technology — commonly known as 5G — is among the most hotly anticipated technological advancements on the horizon. Unprecedented download speeds could enable the proliferation of emerging technologies like augmented reality, the internet of things, connected vehicles, and more.

Samsung 77

Samsung Mobile Technology Marketing 77

PYMNTS

NOVEMBER 27, 2019

New Working Capital Optimization Opportunities . Companies adopting such technologies can reassign workers to revenue-generating tasks instead of needlessly draining their hours on manual data entry, approvals and check printing. . workforce by 2025. days processing invoices at a cost of approximately $2.18 per invoice.

Millennials 161

Millennials Payments Capital Technology 161

PYMNTS

FEBRUARY 26, 2020

Bringing AP automation to ERP offerings enhances working capital management, reduces operational costs and improves productivity. billion by 2025. Many are turning to enterprise resource planning (ERP) tools with accounts payable (AP) automation to harness both solutions’ abilities and level up their businesses’ values.

Software 209

Software Fraud Resources Tools 209

PYMNTS

JULY 25, 2019

Amazon Prime Day , which was earlier this month, brought out waves of fraudsters trying to capitalize on the barrage of promotional emails related to the shopping event. The latest Digital Fraud Tracker explores why fraudsters are still relying on phishing as a major strategy even as they increase their use of new technologies and techniques.

Fraud 172

Fraud Analytics Security Data 172

PYMNTS

AUGUST 7, 2020

by 2025 and to experience an 11.5 Cybercriminals are eager to capitalize on the virtual gaming industry’s increasing popularity, using tactics that include creating phony versions of popular online games that compromise users’ smartphones or computers once downloaded. billion in the U.S.

Online 222

Online System Fraud Video 222

PYMNTS

DECEMBER 14, 2018

Online and mobile food sales are projected to have a 13 percent annual growth rate in 2018, with digital supermarket sales projected to reach $100 billion by 2025. billion in capital. Even so, a recent report said that “Instacart is one of only a few companies with the infrastructure and capital to challenge Amazon in groceries.

Retail 197

Retail Millennials Capital Operations 197

CB Insights

SEPTEMBER 4, 2018

They are a diverse group of players, ranging from automotive industry stalwarts to leading technology brands and telecommunications companies. This list is not intended to be exhaustive of corporations working on autonomous vehicle technology. Top initiatives: Filed patent in 2016 for autonomous lane-switching technology.

System 78

System Technology Michigan California 78