PYMNTS

NOVEMBER 20, 2020

Wearable device sales have shot up at least 30 percent this year as consumers looked to technology to help them monitor their health during the ongoing global pandemic, according to a top Samsung executive. Samsung will continue to invest in these advanced technologies.”.

Samsung 150

Samsung Apple Google Analytics 150

PYMNTS

FEBRUARY 26, 2019

26) the launch of a new service that lets users pay their rent and school expenses each month with one of its credit cards. Over time, Citigroup plans to add additional categories for which credit cards can be used. As CNBC pointed out, Southeast Asia is estimated to have an internet economy of more than $240 billion by 2025.

Payments 183

Payments Lending Cards Mobile 183

PYMNTS

JULY 24, 2019

The mandate handed down by Japan’s lawmakers strives to increase the total of digital payments from 20 percent to 40 percent by 2025, Visa said in a press release on Thursday (July 24). . This secures Visa’s position as the exclusive payment technology provider and the only card accepted at the Olympic Games.

Payments 185

Payments Innovation Cards Technology 185

PYMNTS

APRIL 10, 2019

certification: They must, for instance, resolve issues when a payment reader’s too-powerful field strength results in damaged smartphones and cards. From CVS to T-Mobile , retailers and technology providers are catering to the trend of contactless payment acceptance with new solutions and methods of handling cards from customers.

Retail 259

Retail Payments Mobile Apple 259

PYMNTS

OCTOBER 4, 2019

As digital identities fast become a part of everyday life, the identity verification market is expected to reach $12.8 Technology providers are exploring a range of solutions to seamlessly verify customers’ identities, with the biometrics market projected to reach more than $59 billion by 2025. billion by 2024.

Online 144

Online Ohio Knowledge Base Regional 144

PYMNTS

JANUARY 26, 2021

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

Tools Los Angeles New Jersey Trends 276

PYMNTS

OCTOBER 22, 2019

It advises that financial institutions should turn to outsourcing and technology before the economy slows down. Newer FIs are also more likely to offer credit cards and other big revenue products. Mergers and acquisitions will continue, Rajgopal said, and it’s a smart way for banks to lower expenses and innovate with new technology.

Survey 101

Survey Fintech Innovation Report 101

PYMNTS

JULY 14, 2019

A Japanese venture launched in 2018 by India’s top payments app already has eight million customers, giving Paytm’s PayPay a sizable share of a vast new market, even as it competes against international payment companies in its home country. The app is also waiving fees for sellers and establishments until the end of September 2021.

Mobile 135

Mobile Google Cards Payments 135

PYMNTS

JANUARY 2, 2020

Digital banking technologies rolled out in Singapore, and data collected will also support the southeast Asian growth of Alibaba’s eCommerce site Lazada ,” said Vey-Sern Ling, a Bloomberg Intelligence analyst. . Billionaire Jack Ma’s Ant, which is part-owned by Alibaba, put in a bid on Thursday (Jan. Google and Temasek Holdings. .

Digital Banking 130

Digital Banking Capital Google Cards 130

PYMNTS

NOVEMBER 15, 2019

Cashless payments firm USA Technologies (USAT) is expanding its partnership with amusement kiosk operator National Entertainment Network (NEN) to bring expanded cashless payment options to more vending machines and devices, the companies announced in a press release on Friday (Nov. QR codes will be accepted using QR code readers.

Puerto Rico 152

Puerto Rico Payments Colorado Florida 152

PYMNTS

NOVEMBER 13, 2019

Technology firms are already proving to be big competitors to traditional banks, with companies like Venmo and Cash App launching debit cards. According to research from Accenture , FinTech startups threaten to take a $280 billion piece of banks’ payment revenue pie by 2025 – worth 15 percent.

Google 161

Google Fintech Apple Survey 161

PYMNTS

JANUARY 29, 2019

Visa and the National Football League (NFL), partners since 1995, will extend their collaboration through 2025 and work together to make a cashless Super Bowl a reality one day, Visa said in a release. At NFL events and shops, there will be an MVP checkout lane that encourages cashless payment, whether it’s through a card or a wearable.

National 180

National Payments Security Cards 180

PYMNTS

JUNE 2, 2016

According to Visa, a third of all credit card/debit card transactions in Singapore retail stores are made with contactless cards. So they not only have contactless cards — and places to use them — but they also have money to spend. Singapore isn’t the only Asian market that Apple is eyeing.

Mobile 100

Mobile Marketing Samsung Payments 100

PYMNTS

AUGUST 29, 2019

Digital fraud is particularly threatening in Southeast Asia, despite the fact that the Association of Southeast Asian Nations’ (ASEAN) eCommerce market is projected to exceed $200 billion in value by 2025. Businesses are turning to a variety of solutions to fight fraud, including leveraging blockchain technology.

Fraud 158

Fraud blockchain System Cards 158

PYMNTS

JANUARY 24, 2020

The two companies plan on delivering a slew of card and real-time payment options, both for in-store and online purchases. 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.”.

Payments 152

Payments Innovation Study Meeting 152

PYMNTS

JUNE 6, 2019

Near-field communication ( NFC ) technology isn’t exactly new. don’t rely on swiping or chip card readers. cards use chip-and-signature and chip-and-PIN methods. percent between 2018 and 2025. Card issuers have been slow to release contactless cards due to limited acceptance at the point of sale. In the U.S.,

US 140

US Apple New York City Cards 140

PYMNTS

APRIL 2, 2020

Big Data analytics reached a market valuation of $29.87 billion by 2025, with banks of all sizes leveraging such capabilities. Combining this technology with artificial intelligence (AI) can boost customer engagement and have innumerable benefits for FIs of all sizes and types. billion in 2019 and is projected to total $62.1

Analytics 237

Analytics Data Big Data social media 237

PYMNTS

SEPTEMBER 15, 2020

The sharing economy is projected to reach more than $300 billion in global revenue by 2025, yet identity verification provider Jumio found that one in five adults using sharing services feel insecure. Governments and organizations around the world are also seeking biometrics identity verification technology to authenticate credentials online.

Report 206

Report Los Angeles Fraud Utah 206

PYMNTS

JULY 31, 2019

The Singaporean government is aiming to eliminate checks and reduce cash payments by 2025. Additionally, a physical ATM card can be skimmed while a mobile device cannot, the company said. “As The app was developed by the same team that designed and built the QR code technology for ATM cash withdrawals.

ATM 108

ATM Mobile blockchain Fraud 108

Accenture

OCTOBER 18, 2019

Checks have to be written, invoices reconciled and credit cards kept safe. Our analysis shows that consumer credit card revenue per transaction dropped 12 percent, from $1.21 Based on our research, IIF payments are likely to shrink the payments revenue pool by 15 percent by 2025—in other words, a big threat to established players.

Industry 150

Industry Payments Survey User Experience 150

PYMNTS

NOVEMBER 10, 2020

“Most things take 10 to 15 years to drive through the ecosystem,” McCarthy told Webster — especially when a range of stakeholders are involved, spanning two-sided markets, consumers, merchants and governments. We leverage that information before you get onboarded to get a card. The Difference A Decade Makes . Back in May, i2c Inc.

cryptocurrency 324

cryptocurrency blockchain Bitcoin Security 324

PYMNTS

SEPTEMBER 17, 2020

The sharing economy — a market projected to be valued at more than $300 billion by 2025 — can adopt a number of different digital identity verification tools to help build that trust, however. . Companies can allow their users to choose between various IDs, including driver’s licenses, passports or biometric ID cards.

Tools 224

Tools Security Examples Training 224

PYMNTS

JULY 15, 2019

In addition, all “newly installed rapid and higher powered chargepoints” need to offer debit or credit card payment options by spring 2020. s National Grid ESO has estimated that 35 million EVs will use smart charging technology to store large amounts of renewable electricity in the near future. As the U.K.

National 101

National Study Policies Meeting 101

PYMNTS

MAY 10, 2018

In a survey by Zynstra , some 65 percent of retailers said they pegged mobile payments as their top priority for in-store technology, Chain Store Age reported. Global Wireless POS Market Growth. The global wireless POS terminals market is expected to have a compound annual growth rate (CAGR) of 13 percent from 2017 to 2023.

America 114

America Regional Mobile Cards 114

PYMNTS

JANUARY 28, 2020

The firm uses a well-known corporate card provider to support its team’s expense needs. The reason is that our senior event managers have the [provider’s] cards, they manage [them] … and they are responsible for reconciling and keeping all of the [receipts],” Altieri explained. “The billion by 2025.

Management 132

Management Tools Cards Software 132

PYMNTS

JULY 3, 2019

Digital technology and payment methods are playing big roles in fueling advances and boosting the appeal of unattended retail. Indeed, the estimated value of the global intelligent vending machine market by 2025 is $15 billion. Not only that, but the projected CAGR of the global interactive kiosk market from 2019 to 2027 is 6.1

Retail 122

Retail eBook Philadelphia Austin 122

PYMNTS

MAY 20, 2019

The intelligent vending machine market, measured globally, could be worth as much as $15 billion by 2025. Sometimes customers don’t have cash, or don’t have the right amount, and cards are fast and convenient.”. Millennials prefer to use cards for smaller transactions, namely those under $5. The Kiosk Evolution.

San Francisco 170

San Francisco Retail Philadelphia Cards 170

PYMNTS

SEPTEMBER 11, 2018

The backdrop is one where roughly 7 percent of small businesses in South African countries accept card payments, and yet the card penetration rate is 75 percent. trillion in consumer spending by 2025, of which $75 billion may be tied to eCommerce. That comes as firms such as McKinsey have spotlighted $2.1

Cards 100

Cards Course Trends Payments 100

PYMNTS

SEPTEMBER 18, 2019

In a market without Open Banking regulations, FinTechs continue to enter in to the market, collaborating with bank partners to offer their own financial services — which often compete directly with other financial institutions. On the friend side of that, they have the ability to help banks with technology.”.

Fintech 144

Fintech Payments Meeting Capital 144

PYMNTS

DECEMBER 8, 2016

The region’s internet economy is projected to become a $278 billion market by 2025 , with immense growth expected in all online sectors, but especially in mobile payments as companies across the region invest more in digital infrastructure. The region’s most technologically advanced nation, Singapore, is working toward a smart nation.

social media 100

social media Regional Online National 100

PYMNTS

FEBRUARY 27, 2019

Faster payment schemes are advancing worldwide, with the global real-time payments market expected to increase at a compound annual growth rate (CAGR) of 32 percent between 2019 and 2025. The payment, sent instantly to Mexico, was made by food production company Mustard Foods , and saved the company both time and money.

Nebraska 144

Nebraska Risk Management Apple Payments 144

South State Correspondent

MARCH 23, 2022

In 2021, Nubank spent around 4% of revenue, according to their financials, in marketing which is materially below the 7% target for most banks. Instead of marketing, the Bank strategically focuses on two areas – product development and customer service. Brand Differentiation Step 1: Build an Employee-Centric Culture.

Branding 221

Branding social media Strategy Data 221

PYMNTS

DECEMBER 30, 2019

That one-sided thinking may be coming to an end: The business expense management software market is poised to be worth as much as $6.6 billion by 2025, as noted in a recent PYMNTS/Bento for Business collaboration, the Workforce Spend Playbook. In other words, the technology itself does the talking, with finality.

Management 132

Management Cards Examples ATM 132

PYMNTS

MARCH 1, 2019

Some things are instant hits — smartphones, television and voice-controlled personal assistants are all good examples of technologies that more or less hit the ground running and were popular as soon as marketing people were done explaining the concept to consumers. Other innovations are late bloomers.

Cards 158

Cards Tools Innovation Lending 158

PYMNTS

DECEMBER 17, 2019

Artificial intelligence (AI) and blockchain technology can boost the odds in favor of those credit-seeking businesses. A recent example comes from Kreditech , an AI-based loan startup that targets emerging markets, which has raised $22 million in its latest funding round. billion USD) in revenues by 2025. FinTech Prognosis.

Fintech 136

Fintech blockchain Trends America 136

PYMNTS

DECEMBER 24, 2019

In five short years, by 2025 , there will be more than 25 billion devices capable of interacting with the internet — up from 9 billion today. The company has an option to transfer money to the bank without a debit card for the same fee. Discover announced that it will start issuing contactless cards over the next several months.

Cards 160

Cards Payments Study Examples 160

PYMNTS

JULY 8, 2016

market – it also caught the attention of mPOS players across the pond. market,’” said SumUp CEO Daniel Klein in an interview with PYMNTS. Nobody, so far, has been able to develop a complete end-to-end technological solution including hardware, payments back end all the way to the acquiring processing,” Klein said. For the U.S.

US 103

US Fraud Mobile Marketing 103