Remove 2025 Remove Community Remove Online Remove Operations
article thumbnail

Retail banking trends to look out for in 2023

Independent Banker

ITMs and VTMs are popular retail banking innovations among community banks. We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers. Community banks are constantly looking to the future and identifying what customers want. Jeff Versluys, One Community Bank.

article thumbnail

Hypur Enables B2B Payments For CBD eMerchants

PYMNTS

Electronic payments company Hypur, which targets the cannabis and hemp industries, has unveiled its online electronic payment solution for transactions within the hemp and CBD community. released earlier this year found the CBD market could see product usage grow 10 percent by 2025, valuing the sector at about $16 billion.

Payments 173
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Today In Payments: Visa Opts Out Of Plaid Acquisition, Cites Complex Litigation; BillTrust To Make NASDAQ Debut Today Trading As BTRS

PYMNTS

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
article thumbnail

How Spend Tools Feed Food Banks’ Need For Accountability

PYMNTS

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
article thumbnail

Kroger Building New Automated Warehouse Facility

PYMNTS

Supermarket giant Kroger and online grocery retailer Ocado are joining forces to build the second of 20 planned automated warehouse facilities. 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. “As

Florida 129
article thumbnail

SMBs Turn To Barter To Ease Uncollected Receivables Burden

PYMNTS

Another alternative, noted James, is to rely on predatory lenders to access quick cash to cover the costs of operating. In today's social media age, that client could post negative reviews of a company online, which not only creates bad PR for a business, but effectively ends the business-customer relationship on a painfully negative note.

article thumbnail

Can Trust Fuel B2B Sharing Economy Growth?

PYMNTS

The industry 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. adult consumers feel “very safe” or “somewhat safe” when using online sharing platforms and services.

Denver 134