BankInovation

OCTOBER 18, 2023

Citizens Bank reiterated its commitment to migrating all operations to the cloud by 2025 to create a modern banking platform during today’s third-quarter earnings presentation. “On the technology front, we have a very extensive agenda with a multi-year next-gen tech cloud migration targeting the exit of all of our data centers by 2025,” Chief […] (..)

Operations 66

Operations Data Technology Retail 66

PYMNTS

OCTOBER 19, 2020

Such incentives are another big reason why more and more practices, medical groups and hospitals are making the move to digitally upgrade their operations. The Times They Are A-Changin' .

System 160

System Payments Study Industry 160

PYMNTS

SEPTEMBER 29, 2020

Reports said that the legislation aims to also provide greater efficiency to address market fragmentation, with current financial service providers working with cryptocurrencies often operating in only one member state. The future of finance is digital,” said Valdis Dombrovskis , the panel’s executive vice president.

Innovation 323

Innovation Payments cryptocurrency blockchain 323

BankInovation

NOVEMBER 1, 2023

Citizens is on track to migrate all its operations to the cloud and away from data centers by 2025, the $222 billion bank said during its […] Citizens Bank added a new Amazon Web Services plug-in to its tech stack in October, according to BuiltWith, which offers an intelligence tool that tracks technology adoption and use.

Tools 64

Tools Operations Data Technology 64

BankInovation

FEBRUARY 22, 2022

HSBC plans to boost its technology spend to 21% of its operating expenses by 2025 as the bank experiences increased digital usage across its banking channels.

Operations 95

Operations Groups Technology Digital Banking 95

PYMNTS

OCTOBER 28, 2020

In the November edition of the Payments Orchestration Playbook , PYMNTS examines how payments orchestration is emerging as an effective way to help bring firms up to speed as they find their digital operations wanting. percent until 2025, when it is poised to reach $42.9 Across The Payments Orchestration Ecosystem. About The Playbook.

Payments 257

Payments Report Operations United States 257

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. Whip Company had the largest market share with the most efficient operations.

Innovation 195

Innovation Strategy Capital Comparison 195

PYMNTS

DECEMBER 7, 2020

Most are encouraging employees to work from home while also moving their back-office operations online, and payments operations are no exception. The benefits of using digital B2B payments solutions extend far beyond their ability to support a decentralized workforce.

Management 268

Management Cards Company Innovation 268

Bank Innovation

MAY 7, 2019

billion in 2018 and is projected to climb to $165 billion by 2025 and $300.5 Compliance startups and security firms are banking on artificial intelligence playing a key role in know-your-customer/anti-money laundering processes, rather than being just a trend in regtech. AI’s total business value in the banking world was an estimated $41.1

Compliance 170

Compliance Security Trends Operations 170

Cisco

APRIL 26, 2022

Those ecosystems could add up to a $60 trillion integrated network economy by 2025, according to McKinsey. As digitization transforms operating models, institutions are deploying AI capabilities to front, middle, and back-office operations, embracing an iterative approach to improve the quality of analytic models.

Big Data 148

Big Data Data Analytics Examples 148

PYMNTS

FEBRUARY 25, 2020

These three main segments of the Fleet Solution are said to provide better control over operations and increased protection against fraud. percent by 2025. Comprehensive management systems with advanced telematics are all the more important for optimizing fleet operation expenses for growing businesses.

Cards 159

Cards Fraud Operations Management 159

PYMNTS

JANUARY 12, 2021

In 2018, the company expanded to include robotaxi operations. With the new strategy, Mobileye is aiming to debut both the commercial robotaxi operations as well as autonomous tech by 2025, the report stated. Now, it's working on autonomous vehicle tech for passenger cars.

Detroit 150

Detroit New York City New York Apple 150

PYMNTS

JULY 5, 2020

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., s Google and Temasek would be major scores for one of Southeast Asia’s biggest eCommerce operators. Its growth potential contrasts the sales slump in the U.S.

Google 264

Google Regional Retail Groups 264

South State Correspondent

OCTOBER 18, 2023

Since the pandemic’s start, total noninterest-bearing deposits have increased by $2.3T, and we expect the Fed quantitative tightening to draw most of that excess liquidity out of the banking system by early 2025. Therefore, attracting long-term, stable, and lower COF deposits is paramount for community banks.

Community Bank 195

Community Bank Community Industry Operations 195

PYMNTS

JUNE 18, 2019

needs to hire by 2025. 32 percent: Portion of digital platforms that consider false positives as operational pain points. million: Number of healthcare workers U.S. percent: Share of digital platforms that consider their fraud detection “extremely effective”.

How To 108

How To Fraud Data Operations 108

PYMNTS

FEBRUARY 4, 2020

The robot offers beverages in an establishment operated by the Yoronotaki restaurant firm, Reuters reported. Japan foresees a shortfall of 380,000 workers by 2025 in just the healthcare sector alone. Testing of the robotic bartender will take two months. After that time period, Yoronotaki will analyze the test results.

Retail 131

Retail Operations Software Branding 131

PYMNTS

MAY 19, 2020

These include operating with limited store hours, social distancing signage, elevated cleaning procedures, a new returns process, among many others,” Gass said. The company issued $600 million in notes due 2025, replaced as well as upsized its revolver to a $1.5

Retail 235

Retail National Report Capital 235

PYMNTS

AUGUST 23, 2018

On top of margins improving at Amazon Web Services, the analyst said the company’s fulfillment operations should have better profitability, and that Amazon’s fresh food delivery service should increase as well. By 2025, Sanderson thinks Amazon will be in control of 14.5 percent of the retail market in the U.S,

Marketing 100

Marketing Apple Operations Retail 100

PYMNTS

JANUARY 18, 2021

In its Series A funding announcement , Grab said it expects the group to reach its revenue potential of $60 billion by 2025. The business operates in several Asian countries, including Singapore, the Philippines, Cambodia, Thailand, Vietnam, Myanmar, Malaysia and Indonesia, according to its website.

Fintech 198

Fintech US Groups Management 198

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

JULY 30, 2020

The audit determined that personal information held by the main digital payments system in the country operated by the RuPay card network was vulnerable. Shipt forecast pre-pandemic that eCommerce grocery delivery would reach approximately $20 billion around 2025. National Payments Corp.

Report 133

Report Payments National Maine 133

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

MAY 7, 2020

billion by 2025. Even with the challenges of online gaming disbursements, the latest results from a major gaming operator illustrates the financial impact of COVID-19 on casinos as they grapple with virus-related closures. Revenues for its casinos plummeted by 61.7 reaching a value of $102.9

Online 210

Online Las Vegas New Jersey Nevada 210

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.

National 160

National Policies Mobile Payments 160

PYMNTS

OCTOBER 26, 2020

SAP will accelerate growth in the cloud to more than 22 billion euros [$26 billion] in 2025 and expand the share of more predictable revenue to approximately 85 percent.".

Regional 161

Regional Comparison US Software 161

PYMNTS

JUNE 19, 2020

s 5G network, putting the country’s long-term competitiveness at risk,” Arun Bansal, head of the wireless equipment supplier’s European and Latin American operations told the news service. billion by 2025 from 2.6 “Decisive action is needed, uncertainty is not good for business and it could delay the roll-out of the U.K.’s

Policies 144

Policies Operations Meeting Report 144

PYMNTS

NOVEMBER 23, 2020

Citi’s rollout of its new green deposits product comes on the heels of the bank’s launch earlier this year of a 2025 Sustainable Progress Strategy.

Lending 130

Lending Meeting Strategy Examples 130

PYMNTS

JULY 31, 2019

z will operate Perfect Snacks as a separate business to nurture its culture and spirit, according to Van de Put. And the company is moving to 100 percent recyclable packaging by 2025. Van de Put noted that the company is excited about the brand because its products have great well-being credentials.

Branding 116

Branding Strategy Conference Company 116

PYMNTS

FEBRUARY 4, 2019

LINE, the Japanese messaging app, plans to invest 20 billion JPY ($182 million) into its payments business in an effort to grow that area of its operations. LINE said in a filing that they are “necessary funds for its future business operation.” The filing didn’t provide any additional details. billion JPY.

Payments 127

Payments Operations Report Capital 127

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

APRIL 11, 2019

Chief Operating Officer Bryan Everett told analysts the news on a call discussing Q4 earnings. the market could reach $16 billion by the year 2025, as per a report by Bloomberg. The prediction for the continued use of CBD was set “conservatively” at usage growing 10 percent by 2025, which would reach the $16 billion threshold.

Oregon 108

Oregon Washington Analysis Survey 108

PYMNTS

MAY 11, 2020

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

America 150

America Technology Mobile US 150

PYMNTS

JANUARY 20, 2021

The company works with independent operators and gives drivers the opportunity to launch their own micromobility businesses. . “We With the acquisition, Bolt is poised to be a global leader in an industry that’s expected to more than triple its 2018 value by 2025, according to the release. . and around the world,” Tolan added.

Miami 188

Miami Community Mobile Technology 188

PYMNTS

JULY 28, 2020

The company estimates that by 2025 almost half of businesses will use digital payment systems to help with speed, reducing terms, financing and cross-border services. The new tool, called Payment Solutions for SYSPRO, aims to offer real-time credit card processing for sales order entry and invoicing within SYSPRO.

Company 140

Company Resources Cards America 140

PYMNTS

AUGUST 20, 2019

In India, the company would offer direct peer-to-peer (PSP) payments and services, but Indonesia it would operate differently, due to licensing regulations in the country. . If it’s successful, the initiative in Indonesia could serve as a blueprint for how WhatsApp would operate in other countries, as a way to sidestep regulations. .

Payments 137

Payments Regulation Operations Fintech 137

PYMNTS

NOVEMBER 26, 2019

In separate news, Best Buy said it was looking for revenue of $50 billion by fiscal 2025 ahead of its investor meeting per news earlier this year. We also believe the initiatives we will outline today, along with a continued focus on cost reductions, will result in operating income rate expansion over the five-year timeframe.”.

Report 151

Report Online United States Retail 151

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