PYMNTS

OCTOBER 19, 2020

He added that little changes like taking a picture of your insurance card yourself rather than handing it over to be photocopied could help take away some of the COVID-19 fears that patients have. The pandemic has accelerated a lot of processes, [but] very few doctors or health systems really have a good approach right now,” Otto said.

System 160

System Payments Study Industry 160

PYMNTS

JULY 28, 2020

The company estimates that by 2025 almost half of businesses will use digital payment systems to help with speed, reducing terms, financing and cross-border services. The new tool, called Payment Solutions for SYSPRO, aims to offer real-time credit card processing for sales order entry and invoicing within SYSPRO.

Company 140

Company Resources Cards America 140

PYMNTS

NOVEMBER 26, 2019

Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. As SMBs seek opportunities to expand their operations, and reach new customers and markets, they will need the right spend and workforce tools to ensure funds are spent appropriately. billion in value by 2025.

Tools 141

Tools Boston Cards Management 141

PYMNTS

AUGUST 19, 2020

They can easily pay using digital wallets, cards-on-file or a wide variety of digital payment options online or in store, and transactions are expected to be fast, seamless and simple. Consumers are accustomed to using digital payment methods to make retail purchases. This is a far different experience for everyday business purchases.

Cards 233

Cards Exercises United States System 233

PYMNTS

SEPTEMBER 22, 2020

Some dishonest customers request refunds even though they have received and consumed their meals or realized that family members have purposefully or accidentally used their cards to make food purchases. Such chargebacks are predicted to total approximately $40 billion before 2025. How QSRs Can Fight Back Against Friendly Fraud.

Fraud 255

Fraud Mobile Tools Study 255

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. and Puerto Rico.

Puerto Rico 152

Puerto Rico Payments Colorado Florida 152

PYMNTS

JANUARY 20, 2020

South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. Africa’s eCommerce volume is expected to reach $75 billion by 2025, and economic output in FinTech is anticipated to add $150 billion by 2022 to its GDP.

Capital 131

Capital Groups Apple Operations 131

PYMNTS

JULY 30, 2020

The audit determined that personal information held by the main digital payments system in the country operated by the RuPay card network was vulnerable. Shipt forecast pre-pandemic that eCommerce grocery delivery would reach approximately $20 billion around 2025. National Payments Corp.

Report 133

Report Payments National Maine 133

PYMNTS

FEBRUARY 4, 2019

LINE, the Japanese messaging app, plans to invest 20 billion JPY ($182 million) into its payments business in an effort to grow that area of its operations. LINE said in a filing that they are “necessary funds for its future business operation.” The filing didn’t provide any additional details. billion JPY.

Payments 127

Payments Operations Report Capital 127

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). Looking ahead at 2021, positive signs are on the horizon for the industry despite strains on CU operations due to the pandemic.

Tools 276

Tools Los Angeles New Jersey Trends 276

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. Google and Temasek Holdings. .

Digital Banking 130

Digital Banking Capital Google Cards 130

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

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. It’s operational in the Middle East, Southeast Asia and India. billion by 2025. Pine Labs end-to-end value solutions will also be included, which the company said will replace paper ones.

Payments 152

Payments Innovation Study Meeting 152

PYMNTS

APRIL 2, 2020

Financial institutions (FIs) face a perennial challenge in their day-to-day operations — convincing customers to use their products and services rather than a competitor’s. billion by 2025, with banks of all sizes leveraging such capabilities. This issue is present in almost every industry, as the $70.3

Analytics 237

Analytics Data Big Data social media 237

PYMNTS

JULY 28, 2019

The $55 million center, expected to become operational in 2021, will measure up to 375,000 square feet and is expected to generate up to 400 new jobs. Kroger recently introduced Kroger Pay , a new mobile payment option and loyalty rewards card. The mobile payment option is available in any Kroger apps.

Florida 129

Florida Customer Experience Mobile Cards 129

PYMNTS

JANUARY 13, 2021

billion planned acquisition of Plaid after objections stemming from a Department of Justice (DOJ) antitrust lawsuit, which said it would put Visa in a position to maintain a monopoly in the online debit card market. Visa has opted out of its $5.3 BillTrust To Make Its NASDAQ Debut Today Trading As BTRS. Starbucks announced on Tuesday (Jan.

Analytics 145

Analytics Fraud Payments Capital 145

PYMNTS

JUNE 6, 2019

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. JPMorgan Chase will roll out new Visa-branded contactless EMV cards this year.

US 140

US Apple New York City Cards 140

PYMNTS

MAY 20, 2019

As reported in the latest Unattended Retail Tracker , done in partnership between PYMNTS and WorldNet Payments, unattended retail is gaining traction worldwide, on the heels of growth in consumer demand and as employers look to increase their operating profits. Millennials prefer to use cards for smaller transactions, namely those under $5.

San Francisco 170

San Francisco Retail Philadelphia Cards 170

PYMNTS

JUNE 1, 2020

In PYMNTS’ May 2020 Credit Union Tracker® done in collaboration with PSCU , we learn that, “Online transactions were estimated before the pandemic to account for 57 percent of all transactions by 2025, but the same models now predict that as much as 67 percent of all transactions will be conducted online by that time. Biometrics By A Mile.

ATM 143

ATM Security Online Technology 143

Independent Banker

OCTOBER 31, 2022

According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that. “A A 2022 PwC report, “Retail Banking 2025 and Beyond,” cites an “urgent call to action” for retail banks. By William Atkinson.

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

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. Around the Faster Payments World. New initiatives are also rising in the U.S., including one from TD Ameritrade , a Nebraska-based brokerage firm.

Nebraska 144

Nebraska Risk Management Apple Payments 144

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. Last week, for example, JPMorgan announced the introduction of same-day deposits for small businesses that use WePay to process card transactions.

Fintech 144

Fintech Payments Meeting Capital 144

PYMNTS

OCTOBER 10, 2019

Over 80 percent of restaurant operators agree that the use of technology in a restaurant provides a competitive advantage and nearly four in 10 plan to invest more in expanding their off-premises business in 2019. Ghost Restaurants. The chain plans to install them at all of its stores by the end of the year.

Los Angeles 129

Los Angeles Branding Chicago User Experience 129

Celent Banking

AUGUST 16, 2016

This second post was triggered by a report hosted on LINK’s website , (the UK ATM operator) that had some interesting numbers in it. By 2015 that had dropped to 45%; by 2025, the forecasts suggests just 27%. Some of the data was incorrectly reported in places as signifying the death of cash in the UK.

Cards 100

Cards Payments US Examples 100

PYMNTS

JULY 3, 2019

Indeed, the estimated value of the global intelligent vending machine market by 2025 is $15 billion. The wall-mounted machine also has a 21-inch screen for consumer interaction, and comes ready to accept near-field communication (NFC) contactless and card payments. And digital disruptors are putting a new spin on vending machines.

Retail 122

Retail eBook Philadelphia Austin 122

PYMNTS

AUGUST 20, 2019

Payments go through Stripe for credit and debit cards. billion by 2025.). Over the long term, the company aims to empower artists on its platform to scale operations and help manage inventory to help artists make their work into a full-time profession. And 10 years from now, The Custom Movement hopes that every kid in the U.S.

Online 116

Online United States Branding America 116

PYMNTS

SEPTEMBER 20, 2019

Financial institutions currently control the international payments sector — anticipated to reach $2 trillion globally by 2025 — but startups will continue to crowd the market, taking 15 percent of banks’ revenues. Construction Payments: Building the House With Virtual Cards. Trackers and Reports.

Fraud 108

Fraud Payments Bitcoin Lending 108

PYMNTS

DECEMBER 24, 2019

26, the eCommerce operator — via its Alexa Skills Kit Blog — announced the debut of “two new Alexa capabilities that will help create a more natural and intuitive voice experience for your customers.”. 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.

Cards 160

Cards Payments Study Examples 160

PYMNTS

DECEMBER 16, 2019

and Canada, it will grow from 83 percent of the total population today to 90 percent in 2025, and in Europe it will move from 73 percent to 83 percent in that same timeframe. In five short years, by 2025 , there will be more than 25 billion devices capable of interacting with the internet – up from nine billion today.

Payments 180

Payments Innovation Cards Google 180

PYMNTS

MARCH 11, 2016

Commercial Cards. Thanks to backing from Crystal Amber Fund, FairFX said it will now aggressively target the commercial card industry. The payments firm provides both corporate and individual travelers with travel cash and card solutions to ease FX friction. plus one surprising newcomer. . In the U.K.,

US 100

US Capital Software Operations 100

PYMNTS

JULY 23, 2020

There were 441 FinTechs operating in Mexico in 2019, a 14 percent increase from 2018. Mobile wallets supported by card network Visa, such as PLIN and Yape, have gained more than a million users since December 2019, and the pandemic is accelerating this trend.

America 165

America Regulation Regional Tools 165

PYMNTS

JANUARY 1, 2020

and Canada, it will grow from 83 percent of the total population today to 90 percent in 2025, and in Europe it will move from 73 percent to 83 percent in that same timeframe. In five short years, by 2025 , there will be more than 25 billion devices capable of interacting with the internet – up from nine billion today.

Innovation 174

Innovation Cards Google Payments 174

Independent Banker

MAY 31, 2022

trillion globally by 2025, according to research agency Cybersecurity Ventures, and the Association of Certified Fraud Examiners said that 77% of anti-fraud experts reported they had seen more fraud between May and August 2021. Here are some ideas for strengthening fraud defenses. By William Atkinson. Cybercrime could cost $10.5

Community Bank 134

Community Bank Community Fraud Texas 134

South State Correspondent

MARCH 23, 2022

Nubank started with a credit card offering, followed by deposit accounts, then lending, and then payments, investing, and insurance. This customer service strategy has resulted in customer growth of 3.7mm users in 2018 to 48.1mm users in 2021, and the Bank is currently on track to achieve its 108mm customer target by 2025.

Branding 221

Branding social media Strategy Data 221

PYMNTS

AUGUST 29, 2019

billion by 2025, up from $909.8 from a kitchen table operation to placement in around 3,500 Whole Foods, Kroger and Costco stores across the U.S., Cece’s was totally bootstrapped in those days — to the extent that the company’s payroll was paid via Arnold’s personal credit card a couple of times during its first year in business.

Austin 110

Austin Marketing Trends Cards 110

PYMNTS

APRIL 8, 2019

The rise of the global sharing economy — tied to online marketplace operations — is sparking challenges related to trust, security and confidence for buyers and sellers alike. The global sharing economy stood at about $148 billion in 2014 (certainly nothing to sneeze at), and will balloon to $335 billion by 2025, less than six years away.

Payments 195

Payments Data Fraud social media 195

PYMNTS

NOVEMBER 11, 2019

Such insights can also help firms improve customers’ experiences and lower operational costs. . This means they fail to adequately invest in technologies capable of parsing unstructured data, and many possess core operating systems that cannot even store such information. . Role Of Human Analysts.

Analytics 116

Analytics Data Fraud Tools 116