PYMNTS

JANUARY 18, 2021

Last week, Grab announced that its Grab Financial Group had raised $300 million in a Series A funding round led by Hanwha Asset Management and joined by K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures. Founded in Malaysia in 2012, Grab is also known for its popular ridesharing and delivery services.

Fintech 198

Fintech US Groups Management 198

PYMNTS

JULY 5, 2020

The Indonesian eCommerce retailer backed by SoftBank Group Corp. ’s In 2018, SoftBank ’s Vision Fund and Alibaba Group Holding Ltd., The country’s eCommerce market is projected to expand from $21 billion in 2019 to $82 billion by 2025, according to a recent study by Google, Temasek and Bain & Co., Microsoft Corp. and Europe.

Google 264

Google Regional Retail Groups 264

South State Correspondent

MARCH 14, 2024

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. Bank management must start to focus what initiatives they want to start in 2025. Polaroid brought in a consultant and surveyed their customers in focus groups.

Innovation 195

Innovation Strategy Capital Comparison 195

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

APRIL 30, 2019

As reported this past week, per Yahoo Finance , Ireland wants to see as many as 50,000 people employed directly within the country’s international financial services sector, with a target date of 2025. The government said that, in the wake of Brexit, roughly 100 financial firms have applied to set up shop or expand operations in Ireland.

Fintech 189

Fintech Regional Operations California 189

PYMNTS

DECEMBER 26, 2019

Last week, Vietnamese group Vingroup announced a plan to shut down its eCommerce site Adayroi.com, which it formed in 2013, and merge its ePayment business side with its FinTech arm, VinID. billion this year, and $23 billion by 2025, according to the e-Conomy SEA 2019 report by Google, Temasek and Bain.

Retail 130

Retail Groups Maine Google 130

PYMNTS

DECEMBER 29, 2020

“Though the industry moved to enable interoperability of mobile wallets in 2018, this is limited to only P2P payments, and is yet to be expanded to both merchant and agent interoperability and even to work seamlessly at P2P,” according to the draft of the Kenya National Payments System 2021-2025 report. million people use M-Pesa.

National 160

National Policies Mobile Payments 160

PYMNTS

JUNE 7, 2019

Reuters , citing an industry analysis by GSMA, a lobbying group for the telecom industry, reported the group said the ban would delay the rollout by roughly a year and a half. Additionally, operators would need to replace existing infrastructure before implementing 5G upgrades.”.

Samsung 128

Samsung Groups Analysis Operations 128

PYMNTS

SEPTEMBER 26, 2019

Speaking at a conference in Singapore, Traveloka Group of Operations President Henry Hendrawan said the company is working to solve the “pain points” of Indonesians — most notably that many citizens are unbanked. There are plans to issue 5 million PayLater cards by 2025. percent) of online purchases.

Cards 158

Cards Conference Capital Online 158

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

AUGUST 21, 2019

The Banking & Payments Federation Ireland said it had established a FinTech Foresight Group — further evidence of collaborations between traditional financial institutions and tech upstarts. Indonesia has more than 100 million WhatsApp users and eCommerce activity is expected to top $100 billion there by 2025.

Fintech 174

Fintech Guidelines Policies Regulation 174

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

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

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. The two companies have broken ground on what they call America’s second “customer fulfillment center” (CFC), located in Groveland, FL, according to a press release.

Florida 129

Florida Customer Experience Mobile Cards 129

PYMNTS

AUGUST 5, 2019

Electrify America, a subsidiary of Volkswagen Group of America, has announced a pilot project to test the viability of robotic fast-charging systems for self-driving electric vehicles (EVs), CNBC reported on Monday (Aug. It has 450 charging stations currently in operation, according to the company’s website.

San Francisco 100

San Francisco DC America Study 100

PYMNTS

APRIL 16, 2018

The unit will be led by Ben Davey, former head of Barclays group strategy. The way we will work as a team will look and feel very much like a startup or scale-up operation,” Davey said in a statement to Reuters. According to news from Reuters , Barclays has been having a tough time boosting growth in the U.K. businesses.

Capital 122

Capital Strategy Innovation Operations 122

PYMNTS

JUNE 27, 2017

The Groupe Spéciale Mobile Association ( GSMA) announced Monday that its Mobile IoT Initiative was gaining traction with multiple commercial rollouts of Low Power, Wide Area (LPWA) solutions by several mobile operators including AT&T, China Mobile, China Unicom, China Telecom, Deutsche Telekom (DT), Verizon and Vodafone.

Mobile 100

Mobile Operations Marketing Groups 100

PYMNTS

NOVEMBER 11, 2019

Douglass has a front seat to all the ongoing and massive changes happening in the restaurant industry as operators deploy better technology and consumers demand more digital and mobile options. Now Douglass, whose company is based in Chicago, can name numerous locations in that city where those virtual kitchens operate.

Trends 134

Trends Operations Chicago Technology 134

PYMNTS

OCTOBER 8, 2019

The two sides just announced an extension of their deal to the 2024-2025 season that’s reportedly worth $1.5 Meanwhile, Amazon and Alibaba have provided training for local merchants in setting up and operating stores as well as extending credit and logistics services to speed up delivery times. China’s Commerce Push. Alibaba Changes.

Retail 116

Retail Houston Online Leadership 116

PYMNTS

JANUARY 8, 2020

Consider that think tank New Financial said that as of March, more than 275 firms in banking and finance have moved at least some of their asset base, staff or operations away from the U.K. It may be the case that the pie is big enough for several players – in this case, FinTech hubs – but at least some attrition has been taking place.

Fintech 145

Fintech San Francisco Course New York 145

PYMNTS

JANUARY 10, 2020

According to a recent report , the Fire TV platform from the eCommerce operator “now has over 40 million users. 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. That’s up from the 34 million it claimed in May 2019, and more than the 32.3

Google 130

Google Trends Samsung Tools 130

PYMNTS

MARCH 25, 2019

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

Abrigo

FEBRUARY 3, 2020

Creating more efficient operations and improving customer experiences are the goals driving technology strategies and investments at many U.S. But research firm Gartner estimates that through 2025, 99% of cloud security failures will be the customer’s fault. Technology spending priorities.

Resources 150

Resources Security Customer Experience Fraud 150

PYMNTS

FEBRUARY 13, 2017

million last month to purchase the retail condo housing Murray’s flagship store, affiliated classrooms, as well as its catering and event operations. Murray’s former owner, Rob Kaufelt, will reportedly remain as a strategic adviser, and the team leading the New York City operation will largely remain unchanged.

New York City 123

New York City Millennials New York Online 123

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. “We 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

PYMNTS

JUNE 24, 2019

trillion to global GDP by 2025. One thing both groups can agree on is that they do not want to be surprised about the amount owed or the value of the payment received, which can erode trust. Employers can benefit from job marketplaces as well, as they are increasingly helping companies address their talent gap problems.

Marketing 100

Marketing Community United States Payments 100

PYMNTS

AUGUST 22, 2018

We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. In citing some stats, the company said that the global market for luxury goods stood at $307 billion last year and should reach as much as $446 billion by 2025, per Bain. Within that, how much is online?

Online 101

Online Retail Branding Data 101

BankUnderground

JUNE 25, 2020

First, global financial services firms maintain central hubs for storing and analysing data generated by their cross-country operations. In some cases, firms ‘insource’ these functions to intra-group entities operating in lower-cost jurisdictions. . McKinsey predict that this figure could reach $11 trillion by 2025.

Data 110

Data Big Data Regulation Risk Management 110

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

AUGUST 10, 2016

In a statement, ATB Financial Chief Strategy and Operations Officer Curtis Stange said that the feat was significant for real-world adoption of blockchain. The payment was completed with help from the technologies behind the SAP HANA Cloud Platform and blockchain FinTech company Ripple. The collaboration is making some bold claims.

blockchain 100

blockchain Payments Technology Tools 100

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. Lenders who ignore this age group do so at their peril.”. Lending-as-a-Service.

Lending 100

Lending Community Bank Millennials Community 100

PYMNTS

DECEMBER 7, 2020

Societe Generale (SocGen) and Credit du Nord , both based in Paris, have approved a plan to merge their retail banking operations, the banks said in a Monday (Dec. In addition, SocGen said, the plan is to beef up Boursorama, a retail digital banking operation catering to individuals. million in 2025.”. 7) press release.

Digital Banking 159

Digital Banking Retail Operations Groups 159

PYMNTS

MAY 24, 2016

Banks’ cost-of-funds advantages outweigh the operating cost advantages of online lenders, researchers found. All in all, Deloitte predicted that MPLs will capture just 1 percent of the market by 2025. . ” .

Report 100

Report Lending Industry Analysis 100

South State Correspondent

JUNE 27, 2023

It’s a way for banks to speak with each other, and it started to be phased in during the first quarter of this year with the goal of a complete conversion by 2025. The Message Mode l: The message model defines how these business model elements are grouped into messages and the form these messages will take.

System 195

System Data Examples Payments 195

NCR

APRIL 4, 2017

According to Goldman Sachs , machine learning and artificial intelligence (AI) will enable $34 billion to $43 billion in annual “cost savings and new revenue opportunities” within the financial sector by 2025. This year, U.S.

Training 61

Training Branding Customer Experience Data 61

PYMNTS

MAY 26, 2017

are losing nearly $30,000 every month because they operate as a cash-only establishment. Looking forward, the report estimated that small businesses risk losing more than $45,000 between now and 2025 if they don’t start taking card payments. Analysis from Expert Market found that some small businesses in the U.K.

Report 140

Report Cards Millennials cryptocurrency 140

Tomorrow's Transactions

JUNE 13, 2016

billion one-off and forward-dated payments forecast to be made in 2025. Alex Wrethman, owner of the Charlotte’s Group restaurant business, decided to make his most recent opening, W5, an entirely cashless affair. “We Continued growth is also predicted in the Faster Payments Service as more consumers move to online and mobile payments.

Apple 30

Apple Cards National Retail 30