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). The goal was to create virtual channels where members can interact using mobile and online banking, and its improved customer center.

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Tools Los Angeles New Jersey Trends 276

PYMNTS

JANUARY 20, 2021

Miami-based micromobility startup Bolt , co-founded by Olympic gold medalist Usain Bolt, is expanding to 48 new markets after acquiring the assets of Last Mile Holdings, which included the mobility-as-a-service (MaaS) platform Gotcha. This was a perfect fit,” Bolt CEO Ignacio Tzoumas said in a press releas e.

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Miami Community Mobile Technology 188

PYMNTS

DECEMBER 7, 2020

Digital B2B payments innovations as diverse as machine learning (ML) automation, cloud-based enterprise resource planning (ERP) systems and virtual cards are gaining unprecedented traction as businesses move to build sustainable B2B payments operations outside of th e office. Deep Dive: Helping Businesses Navigate A Digital B2B Future.

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PYMNTS

SEPTEMBER 16, 2019

trillion global payments market with free services, banks could lose as much as $280 billion in revenue by 2025, according to an Accenture report and press release circulated on Monday (Sept. As more startups penetrate the $1.5 Card displacement is projected to risk another 2.7 percent of payment revenues.

Payments 150

Payments Survey Analysis Capital 150

PYMNTS

OCTOBER 7, 2020

We’re continuing our breakfast innovation by adding tasty new sweet options with our new McCafé Bakery lineup. McDonald’s later pivoted to healthier offerings, announcing in 2015 that it was committed to sourcing 100 percent cage-free eggs by 2025. That will all change on Oct.

Innovation 168

Innovation Apple National Strategy 168

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). . Visa is exploring state-of-the-art payment experiences at the 2020 Olympics in Tokyo to support “Cashless Japan.” . according to Visa.

Payments 185

Payments Innovation Cards Technology 185

PYMNTS

JANUARY 22, 2018

More important, perhaps, than the innovations they made on behalf of their more famous lead players, was how their contributions accelerated those innovations’ time to market. Innovation in payments and commerce has an unsung hero, too. And who will influence how innovation happens. But so were two other things.

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Innovation Online Branding El Paso 135

Cisco

APRIL 26, 2022

The convergence of mobile, cloud, and IoT technologies continues to create new opportunities for institutions to deliver personalized and contextual financial services. Some familiar examples are receiving banking fraud alerts on mobile devices, submitting photos for insurance adjustments, or using robo-advisors for investment decisions.

Big Data 143

Big Data Data Analytics Examples 143

Chris Skinner

JULY 14, 2017

The company has an open stated intention to reach two billion users by 2025. billion unbanked and underbanked into Ant Financial’s cheap, simple and easy mobile financial ecosystem. One company that is seeking global domination is Ant Financial. Why so much activity? Well, the overall focus is upon inclusivity and to bring the 4.5

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Analysis Innovation Fintech Mobile 258

PYMNTS

JUNE 4, 2020

One-third of those surveyed since the outbreak said in a recent study that they planned to up their digital and mobile banking tool usage, for example.”. How this plays out as financial institutions (FIs) throttle up digital innovation amid waning COVID panic forms the substance of The Digital Payments in a Digital World Playbook for June.

Payments 132

Payments Regional America Mobile 132

PYMNTS

JANUARY 2, 2020

billion by the year 2025, which is a compound annual growth rate of 13.5 percent from 2017 to 2025, according to a report by MarketWatch. GE has also upgraded its C by GE mobile app to support the smart home products. The smart home market was valued at $55.65 billion in 2016, and it is expected to reach about $174.2

Google 131

Google Maine Survey Marketing 131

PYMNTS

OCTOBER 8, 2019

billion by 2024, while the biometrics market is projected to reach more than $59 billion by 2025. Biometric Innovations. None of this has stopped biometrics innovation, though. billion by 2025, a marked jump from today’s estimation of $5.4 There’s no question that the identity verification market is growing.

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San Francisco Video social media Security 110

PYMNTS

FEBRUARY 24, 2020

The technology company reportedly hopes that the newest phone will aid in advancing its mobile division, particularly as 5G next-generation mobile networks continue to launch worldwide. According to the industry organization GSMA, super-fast 5G is on pace to comprise 15 percent of worldwide mobile connections by 2025.

Mobile 130

Mobile Technology Report Industry 130

PYMNTS

APRIL 10, 2019

Mobile point-of-sale (mPOS) terminals that are enabled for contactless have to meet certain specifications to gain EMVCo 3.0 At the same time, some players in the space are aiming to improve POS conversions by enabling more mobile wallets like Alipay. consumers are expected to use in-store mobile payments by 2021.

Retail 259

Retail Payments Mobile Apple 259

PYMNTS

JANUARY 21, 2020

These are still early days but trends are coming together — and expectations are rising, thanks not only the evolution of AR and VR technology, but the coming deployments of 5G mobile network ecosystems. Facebook also wants to partner with Ray-Ban’s parent company, Luxottica, to release the glasses between 2023 and 2025.

Retail 210

Retail Trends Washington Technology 210

Cisco

SEPTEMBER 7, 2022

It may not always be obvious to consumers, however, there is a tremendous amount of innovation happening in financial services making its way into our daily financial lives. Looking for current examples, I turned to the financial apps on my mobile device, since the mobile channel is a good target for personalization.

Meeting 107

Meeting Examples Mobile Innovation 107

PYMNTS

DECEMBER 6, 2018

“Visa has strategically positioned itself at the center of football and these events will further exemplify the unique experiences only Visa can provide to fans across the globe,” said Chris Curtin, chief brand and innovation marketing officer at Visa, in the press release.

National 115

National Regional Innovation Payments 115

PYMNTS

MARCH 12, 2018

By 2025 — less than a decade later — it’s projected to reach $27,238.6 First, there’s the growth of the mobile market. The omnichannel shift today is still in its early stages, but it’s sure to be old news by 2025, with the forces of the day driving new and different transformations. Why such an astronomical increase?

Customer Experience 144

Customer Experience Retail Analytics Technology 144

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 15, 2019

For more than 30 years, NEN has grown its business by bringing the best service and most innovative amusement machines to our customers, while keeping pace with the changing needs and preferences of consumers,” said Jim Sevalt, president and chief operating officer of NEN. NEN already uses the payments solution on 400 of its machines.

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Puerto Rico Payments Colorado Florida 152

PYMNTS

JULY 7, 2020

and European automobile “sales” by 2025. Rawdon Glover , managing director of Jaguar Land Rover UK, said in a prepared statement: “The future of mobility has never been more in the spotlight, and our customers are increasingly looking for more flexibility in the way they interact with us.

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Management Branding Innovation Retail 191

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. 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. What’s on the horizon for retail banking?

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

NCR

AUGUST 10, 2017

This tech-driven transformation of the payments and retail sectors is set to continue, so what impact could the most cutting-edge innovations have in the years to come? billion by 2025. The post How payments innovation could transform the retail industry appeared first on Banking.com. IoT and AI set to rise in prominence.

Industry 75

Industry Retail Innovation Payments 75

PYMNTS

APRIL 14, 2020

Meanwhile, according to reports , retailers including Walmart and Amazon have already implemented mobile robots in their retail stores and warehouses to handle such essential functions as materials handling, inventory tracking and cleaning. It is also rising on the sales floor.

San Francisco 278

San Francisco Retail Examples Mobile 278

PYMNTS

SEPTEMBER 18, 2018

In fact, online grocery sales are projected to have a 13 percent annual growth rate in 2018, with online grocery sales projected to reach $100 billion by 2025. In-store shoppers are also embracing mobile and connected offerings, such as payment methods, loyalty and rewards programs or other services. How Americans Eat.

Report 161

Report Trends Mobile Online 161

PYMNTS

OCTOBER 5, 2018

The AR appeal is dependent on consumers using the technology on their mobile devices, and Merel said that it won’t be until 2019 until mobile AR revenue “really takes off.” For now, “computer vision and visual machine learning is more advanced than mobile AR, and could see dominant companies in the near term.”

Apple 197

Apple Colorado Capital America 197

PYMNTS

JULY 28, 2019

Kroger presented $10,000 to a Groveland hunger-relief agency, which is also in line with the company’s social impact plan to end hunger in its communities and eliminate waste across the company by 2025, the release indicated. Kroger recently introduced Kroger Pay , a new mobile payment option and loyalty rewards card.

Florida 129

Florida Customer Experience Mobile Cards 129

PYMNTS

JULY 24, 2019

billion IoT devices by 2025, up from 7 billion in 2018. In the July Intelligence of Things Tracker™ , PYMNTS explores the latest news in IoT, including partnerships, innovations, security risks, and oversight from world governments. Despite IoT’s popularity, however, security a nd privacy issues continue to make headlines.

Security 172

Security Regulation Industry Study 172

PYMNTS

DECEMBER 16, 2019

Not just any decade, but one that has seen unprecedented levels of innovation touch nearly every industry segment and almost every corner of the world. Only then, he said, can one get clarity about how those dots can guide innovators about the future. billion of whom have a mobile phone. Today, there are 7.3

Payments 180

Payments Innovation Cards Google 180

PYMNTS

JANUARY 1, 2020

Not just any decade, but one that has seen unprecedented levels of innovation touch nearly every industry segment and almost every corner of the world. Only then, he said, can one get clarity about how those dots can guide innovators about the future. billion of whom have a mobile phone. Today, there are 7.3

Innovation 174

Innovation Cards Google Payments 174

PYMNTS

DECEMBER 3, 2019

The key to that future is emerging 5G mobile network technology. In fact, “the most transformative use cases in the US will be in mass machine communications (50 percent), ultra-reliable and low latency services (48 percent), and enhanced mobile or cellular broadband (41 percent),” according to TechRepublic and Infosys. “As

Payments 149

Payments Mobile Industry Technology 149

PYMNTS

SEPTEMBER 17, 2020

Our enhanced agreement with DraftKings provides innovative opportunities as we look to deliver a best-in-class fan experience,” Giants Chief Commercial Officer Pete Guelli said in a statement. billion by 2025. percent over the same period.

Online 168

Online Indiana New York Nevada 168

PYMNTS

NOVEMBER 10, 2020

It is the rule of thumb, when it comes to secular change, that very few innovations come along to rapidly change the state of payments themselves. We are the infrastructure that takes what is effectively a virtual wallet — in a mobile or online sense — and connects it to the real world, either eCommerce or face to face with a card,” he said.

cryptocurrency 324

cryptocurrency blockchain Bitcoin Security 324

PYMNTS

NOVEMBER 17, 2016

The overarching theme in exploring these joint ventures, said Volkswagen, is one of mobility. million of them (and they would be, in large part, electric vehicles) in the country by 2025. As for alternative energy vehicles, the goal is to have 1.5

United States 100

United States Groups Technology Mobile 100

PYMNTS

FEBRUARY 28, 2020

But in terms of commitment and loyalty program innovation, the plan is a bold move, competitively sound and bound to cause some reactions from other quick-service restaurants (QSRs), mainly Starbucks and Peet’s. million in 2016 — driving revenue in the space to $335 billion by 2025. First, the commitment. The number of U.S.

Retail 151

Retail Maine Policies Course 151

PYMNTS

APRIL 8, 2019

When it comes to mobile apps, nearly two in 10 consumers — or 17 percent — say that a large health and beauty retailer has a mobile app and they use it regularly per the PYMNTS Omni Usage Index. Even so, nearly a third — or 32 percent — of consumers were unaware of a mobile app by that kind of retailer. New Products.

Retail 152

Retail Oregon New Mexico Mobile 152

Accenture

OCTOBER 18, 2019

Mobile apps from industry newcomers, like the French challenger bank Kard and US-based Zelle, allow users to make payments and send and receive money instantly. 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. in 2015 to $1.07

Industry 150

Industry Payments Survey User Experience 150