article thumbnail

Huawei Ban Could Cost Europe $62B Extra For 5G Rollout

PYMNTS

Half of this (additional cost) would be due to European operators being impacted by higher input costs following the significant loss of competition in the mobile equipment market,” the report said. Additionally, operators would need to replace existing infrastructure before implementing 5G upgrades.”.

Samsung 128
article thumbnail

Amazon Sets Sights On Southeast Asia

PYMNTS

So while online retail accounts for about 5 percent of Southeast Asian commerce today, the region’s internet economy is poised to grow tremendously by 2025, with a projected annual worth of over $200 billion. But Amazon isn’t waiting until 2025, or even 2020. Its small size makes establishing an operation simple.

Regional 148
Insiders

Sign Up for our Newsletter

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

article thumbnail

How 5G Will Shake Up Banking and FinTech?

PYMNTS

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. As PYMNTS reported earlier in December, Verizon and Samsung plan launch U.S. 5G Deployments.

Fintech 211
article thumbnail

What Digital ID Will Mean For Daily Life In 2020 And Beyond

PYMNTS

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.”.

Security 191
article thumbnail

Verizon Embraces Cord-Cutting As Streaming Landscape Changes

PYMNTS

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
article thumbnail

Mercedes-Benz’s Connected Car Ambitions

PYMNTS

Honda, Toyota, Ford, Google, Samsung, Volkswagen, Uber — the list goes on for a while. Consulting firm Frost & Sullivan estimate that autonomous cars could be a market worth as much as $83 billion by 2025, which means the clock is ticking. And Zetsche is putting his development money where his mouth is.

Google 101
article thumbnail

12 Ways Consumers Will Pay (And Be Paid) In 2020

PYMNTS

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