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. Those ecosystems could add up to a $60 trillion integrated network economy by 2025, according to McKinsey. trillion by 2025, growing at a CAGR of 16.9%.

Big Data 148

Big Data Data Analytics Examples 148

PYMNTS

MAY 11, 2020

The pandemic has prompted Stockholm-based telecommunications technology firm Ericsson to up its forecast for worldwide 5G subscriptions to 2.8 billion by 2025, the company said in a live webinar on Monday (May 11). The company had originally forecast 2.6

America 150

America Technology Mobile US 150

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

FEBRUARY 4, 2020

With a pilot that could usher in a new era of technology as stores and restaurants grapple with hiring in an aging country, the first robotic bartender in Japan has started to serve drinks in a Tokyo bar. The robot offers beverages in an establishment operated by the Yoronotaki restaurant firm, Reuters reported.

Retail 131

Retail Operations Software Branding 131

PYMNTS

FEBRUARY 17, 2020

IoT technology has rapidly expanded beyond in-home devices into cities worldwide. Governments and institutions in Europe, India and the United States are experimenting with IoT solutions to enhance city life, and the technology is expected to create between $4 trillion to $11 trillion in value over the next several years.

Security 252

Security Data United States Florida 252

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 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. .”

Management 191

Management Branding Innovation Retail 191

PYMNTS

DECEMBER 21, 2018

As it stands, Grab , which launched in 2012, has operations in areas like Thailand, Vietnam and Malaysia. A Temasek and Google joint report found that that the region’s internet economy could be worth $240 billion when 2025 rolls around. According to the report, Grab is “keen to continue its expansion across southeast Asia.”

Capital 184

Capital Maine Google Report 184

Abrigo

FEBRUARY 3, 2020

Key Takeaways At many financial institutions, a substantial share of the IT budget is tied up in technology infrastructure and maintenance and cannot be used for new initiatives. Technology spending priorities. Banks spend about 7 percent of revenues on information technology, the report’s authors estimate.

Resources 150

Resources Security Customer Experience Fraud 150

PYMNTS

FEBRUARY 5, 2018

The report noted that if competitors are able to make inroads before the Mercedes efforts hit streets, it may not matter how much more technologically advanced it is. Consulting firm Frost & Sullivan estimates that autonomous cars could be a market worth as much as $83 billion by 2025, which means the clock is ticking.

Report 167

Report Technology Operations Management 167

PYMNTS

APRIL 14, 2020

“Some industry analysts have predicted that robotics in retail will be involved in more than three-quarters of logistics operations, with McKinsey estimating that autonomous vehicles will make up 80 percent of deliveries by 2025.”. It is also rising on the sales floor. COVID-19 would certainly fill the bill.

San Francisco 278

San Francisco Retail Examples Mobile 278

PYMNTS

APRIL 16, 2018

Reuters reported Barclays plans to build a team that includes technology experts, software developers and entrepreneurs who will work in lockstep with Barclays’ U.K. 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. “The businesses. reports said.

Capital 122

Capital Strategy Innovation Operations 122

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 Of course, successful retail banking requires more than just technology. By William Atkinson. Reaching customers. Versluys says. “We

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

PYMNTS

APRIL 10, 2019

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. The company said it was working with TSYS for the GoPoint mPOS software and same-day funding, as well as secure transaction management.

Retail 259

Retail Payments Mobile Apple 259

PYMNTS

JULY 9, 2019

Those three words strike at the heart of identity, and mean so very much when it comes to the efficient operation of the global digital economy and its continuing growth, whether via retail, payments, financial services, healthcare or other areas. Everything is moving toward digital.”. Biometric Markers.

Security 191

Security Online Fraud Samsung 191

Abrigo

JUNE 9, 2016

Indeed, consultant Allan Koltin, one of Accounting Today’s 100 Most Influential People in Accounting and one of INSIDE Public Accounting’s Most Recommended Consultants, predicts growth in these Level 1 services will range from zero to at most 3 percent over the next decade – insufficient to cover rising payroll and operating expenses.

Exercises 150

Exercises Taxes Training Risk Management 150

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. As real-time payment schemes spread worldwide, stakeholders need to examine the impact these rails will have on their risk management strategies.

Nebraska 144

Nebraska Risk Management Apple Payments 144

PYMNTS

JULY 27, 2018

intelligence officials are warning of an imminent cyberattack targeting the technology behind business supply chains. According to the CNBC report, Whole Foods accounts for about 33 percent of the wholesaler’s business, and that contract is set to expire in 2025. Security Officials Warn of Potential Supply Chain Hack.

San Francisco 101

San Francisco Google social media cryptocurrency 101

Bobsguide

JUNE 13, 2022

In 2025, global spending on digital transformation will be more than double the amount it was in 20201). – GFT’s UK operation contributed to global results with 18 percent of total revenue, a figure which grew by 50 percent compared to the first quarter of 2021. million to around EUR 58 million.

Groups 60

Groups Taxes Regional America 60

South State Correspondent

MARCH 23, 2022

It would do that by using technology, design, and data science to provide a customer experience that would generate its publicity. Closely aligned with customers service, bank management recognized early on during its maturity that it needed a platform ecosystem to drive engagement. He vowed that he could do better.

Branding 221

Branding social media Strategy Data 221

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 Focus on vendor management for purchasing hardware and software. By William Atkinson.

Community Bank 134

Community Bank Community Fraud Texas 134

PYMNTS

MARCH 21, 2019

To dig deeper into the ongoing changes, PYMNTS caught up with Reinhard Hochrieser, director of product management at Jumio , an authentication services provider. billion by 2025, experiencing a compound annual growth rate (CAGR) of nearly 24 percent, according to one report. This will have a huge impact,” Hochrieser told PYMNTS. “It

Online 152

Online Retail Regulation Trends 152

BankUnderground

JUNE 25, 2020

Growth in the stock of financial data has been enabled by technological advances that have increased storage capacity and lowered computational costs. First, global financial services firms maintain central hubs for storing and analysing data generated by their cross-country operations. This has been driven by three factors.

Data 109

Data Big Data Regulation Risk Management 109

Qudos Bank

FEBRUARY 15, 2024

For decades, women have faced many barriers to equality, so having access to digital technologies and education is critical, especially when championing those working in science, technology, mathematics, and engineering (STEM). Manage with outcomes, not hours or locations.

Leadership 52

Leadership Innovation Community Technology 52

PYMNTS

OCTOBER 5, 2018

based carrier with “end-to-end 5G technology,” the companies said. A European bureaucratic debate that could be wrapped up by the end of the year pits the use of 5G as the connected car standard against existing Wi-Fi technology. That’s the position of mobile operator O2 , among others. “5G

Mobile 194

Mobile Retail Data Payments 194

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

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. But, Passione noted, many of the players who are taking a pass on offering student lending and other forms of personal loans often aren’t doing so for lack of interest — but lack of ability via smart technology.

Lending 100

Lending Community Bank Millennials Community 100

PYMNTS

JUNE 7, 2017

It’s very, very important to be one of the first with self-driving cars, because the technology is threatening to overturn carmakers’ core business,” said Jan Burgard, head of Beryll Strategy Advisors, a Munich-based automotive consulting firm. “To And Zetsche is putting his development money where his mouth is. Tesla, Inc.

Google 101

Google Samsung California Marketing 101

Qudos Bank

MARCH 6, 2023

For decades, women have faced many barriers to equality, so having access to digital technologies and education is critical, especially when championing those working in science, technology, mathematics, and engineering (STEM). Manage with outcomes, not hours or locations.

Leadership 40

Leadership Innovation Community Technology 40

NCR

JANUARY 16, 2017

We estimate that in five major retail banking businesses (consumer finance, mortgages, SME lending, retail payments and wealth management) from ten to 40 percent of revenues (depending on the business) will be at risk by 2025, and between 20 and 60 percent of profits, with consumer finance the most vulnerable.”

Trends 40

Trends Retail Customer Experience Resources 40

Lex Sokolin

OCTOBER 28, 2020

In particular, we want to discuss two behemoths: IBM, the consulting and technology company, and Reliance, the Indian conglomerate. Having largely lost the personal computer era to other technology firms, IBM repositioned in the 1990s as an enteprise services business. Not financial infrastructure, there’s enough of that already!

blockchain 40

blockchain Google National Apple 40

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. Operational Efficiency : By using a common standard, banks can streamline their operations, reduce complexity, and simplify their infrastructure.

System 195

System Data Examples Payments 195

South State Correspondent

OCTOBER 25, 2023

After World War II, checks were the hot payment technology and helped fuel the boom that followed. The process was sped up by technology and legislation in the 70’s and 80’s so checks could be scanned and presented faster, but the process remained costly. Checking accounts in the U.S.

Fraud 195

Fraud ATM Payments Management 195

CB Insights

OCTOBER 4, 2017

Flying High: The State of Drone Technology. As with most patents, the filing makes no mention of offering the drone-refueling invention as a saleable product, so it’s possible that this tech could be used exclusively inside Amazon’s logistics operation. ”

US 68

US User Experience Training System 68

CB Insights

APRIL 6, 2018

The following is a guest post by Paul Asel, managing partner at NGP capital. We dive into the state of AVs and other mobility technologies converging to reinvent both urban and long-distance transportation. per mile to own and operate a car. Baseball, hot dogs, apple pie, and Chevrolet.”. However, cars are expensive to own.

San Francisco 50

San Francisco Los Angeles New York US 50

PYMNTS

FEBRUARY 26, 2020

Successful companies know they must be agile and flexible to meet customers’ ever-changing demands, forge valuable long-term supplier relationships and operate smoothly. Bringing AP automation to ERP offerings enhances working capital management, reduces operational costs and improves productivity. billion by 2025.

Software 209

Software Fraud Resources Tools 209

South State Correspondent

APRIL 24, 2023

Just when you were getting your bank’s head around how you will operationalize ChatGPT (our breakdown HERE ), AutoGPT, an application built on top of ChatGPT, gets released and takes the technology to a new level. This would have taken two or three people $15k of internal time and two weeks to pull off.

social media 195

social media Data Marketing Technology 195