article thumbnail

Resolution Plan Submission Period Extended by Key Financial Agencies

Perficient

Moving forward, these institutions will need to submit their resolution plans by March 31, 2025. The focus is on critical areas of potential vulnerability such as capital, liquidity, and operational capabilities, essential for effective resolution.

article thumbnail

How Retailers Could Turn Smart Vending Into A $15B Market By 2025

PYMNTS

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. The estimated value of the global intelligent vending machine market by 2025 is $15 billion. And digital disruptors are putting a new spin on vending machines.

Retail 177
Insiders

Sign Up for our Newsletter

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

article thumbnail

Cedar CEO: Paper Forms And ‘Clunky’ Medical Bills Won’t Exist In 2025

PYMNTS

In no other industry would people really accept to wait for an hour and a half for the appointment and [still] pay,” he said. “In Otto said medical practices that use Cedar’s payments platform report a 96 percent customer satisfaction rate versus an industry average that scores lower than your state’s Department of Motor Vehicles.

System 160
article thumbnail

Grocery Tracker: $100B By 2025

PYMNTS

— Whole Foods recently announced its latest move to cut costs and streamline its business operations in the wake of comparable sales declines. Technomic , a food industry research firm, found that freshly prepared foods generated $15 billion in sales for supermarkets in 2005. percent to $29.94 at the time of writing. Atlanta, Ga.;

article thumbnail

Deep Dive: How The COVID-19 Virus Is Impacting The Online Gambling Industry

PYMNTS

Online gambling or gaming is one possible outlet, and the sector may even make it through the pandemic with less financial damage than other industries. billion by 2025, according to one study. Platforms that do not offer instant disbursement options could be losing out to those that do, encouraging implementation in the industry.

Online 176
article thumbnail

How Banks Can Better Use Grid-Based Pricing

South State Correspondent

Between June ’22 and June ’23, the Fed decreased its balance sheet by approximately $600B, and during that same period, the banking industry reported a $870B drop in deposits. The industry’s average deposit betas will continue to climb as the Fed slows or pauses interest rate hikes.

article thumbnail

Big Data Explosion

Cisco

Those ecosystems could add up to a $60 trillion integrated network economy by 2025, according to McKinsey. They now oversee subsidiaries that leverage their finance and data analytics competencies to build ecosystems for a variety of non-financial industries like healthcare and real estate. trillion by 2025, growing at a CAGR of 16.9%.

Big Data 147