article thumbnail

Banks could save more than $70 billion using new tech by 2025

Bank Innovation

North American banks could save more than $70 billion through 2025 using technology to automate jobs or assist employees, according to estimates from Accenture Plc.

Study 284
article thumbnail

Southeast Asia’s Internet Economy To Hit $240B By 2025

PYMNTS

Thanks to affordable mobile internet, the internet economy in Southeast Asia is expected to surpass $240 billion in 2025, according to a new study conducted by Google and Temasek Holdings of Singapore. The report predicted the market would swell to more than $100 billion by 2025 as consumer trust in online shopping grows.

Study 153
Insiders

Sign Up for our Newsletter

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

article thumbnail

AI Healthcare Mkt Projected To Reach $36B By 2025

PYMNTS

billion by 2025. The “Artificial Intelligence in Healthcare Market by Offering, Technology, End-Use Application, End User And Geography — Global Forecast to 2025″ report revealed that AI utilized in healthcare will grow at a compound annual growth rate (CAGR) of 50.2 percent during the forecast period.

Phoenix 177
article thumbnail

Cloud Takes Center Stage at 2023 Bank Automation Summit

Perficient

For these reasons, Gartner predicts that by 2025, 85% of enterprises will have a cloud-first principle. There are also certain global and regional regulatory considerations for migrating to the cloud in a phased approach , and institutions must have a thorough understanding and awareness of the implications.

Training 492
article thumbnail

Google Eyes Investing In Indonesia’s eCommerce Hub Tokopedia

PYMNTS

Bloomberg reported America’s largest internet corporations are eyeing Asia where the region is exploding with smartphones and tech-savvy residents. 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., and Europe.

Google 264
article thumbnail

Jumia Encounters New eCommerce Rivals In Africa Amid Pandemic

PYMNTS

The geographic region is behind the globe because of hurdles like inconsistent addresses and links to the web that are not strong. “I would rather grow the market than just try to take everything,” the executive said. Jumia is reportedly viewed as an innovator in eCommerce in sub-Saharan Africa.

Regional 253
article thumbnail

Macy’s Recognizes $3.1B Charge As Pandemic Reshapes Outlook

PYMNTS

Gennette also said the company does not expect another complete closure, but is “staying flexible” and is “prepared to address increases in cases on a regional level.”. billion with a maturity of 2025 to assist in repaying borrowings under its existing $1.5 In May, Macy’s announced the offering of senior secured notes of $1.1

Taxes 232