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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
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Google Eyes Investing In Indonesia’s eCommerce Hub Tokopedia

PYMNTS

The Indonesian eCommerce retailer backed by SoftBank Group Corp. ’s the Chinese multinational technology company specializing in eCommerce, retail, Internet, and technology, led a $1.1 the multinational internet technology company headquartered in Beijing. Google and Temasek Holdings Private Ltd. , Microsoft Corp.

Google 264
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InComm Partners With Welcia To Grow Barcode Payments

PYMNTS

InComm , a global prepaid product and payment technology company, has announced a partnership with Welcia , Japan’s leading pharmacy chain, to launch four mobile barcode payment solutions in its stores. InComm will be integrating its point-of-sale payment technology directly with Welcia.

Payments 211
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Jumia Encounters New eCommerce Rivals In Africa Amid Pandemic

PYMNTS

As the coronavirus has led to greater popularity of eCommerce deliveries, Jumia Technologies AG is encountering new rivalry from upstarts in the online shopping and transportation space in Africa. The geographic region is behind the globe because of hurdles like inconsistent addresses and links to the web that are not strong.

Regional 253
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Amazon Sets Sights On Southeast Asia

PYMNTS

So where to next for the omnichannel retail giant? The move comes as part of a larger targeting of Southeast Asian markets, according to TechCrunch , starting with beginning selected regional services in Singapore in the first quarter of 2017. But Amazon isn’t waiting until 2025, or even 2020. Singapore, it turns out.

Regional 148
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Visa Inks Partnerships With More Football Associations

PYMNTS

In a press release, Visa said it will implement its payment technology at the tournament venues and provide exclusive experiences for cardholders. What’s more, Visa said it will play a role in further elevating women’s football and the regional tournaments.

National 115
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North America Is Set To Be An ‘Early Adopter’ Of mPOS

PYMNTS

Mobile payment capabilities are on the forefront of retail executives and tech staff. In a survey by Zynstra , some 65 percent of retailers said they pegged mobile payments as their top priority for in-store technology, Chain Store Age reported. As a result, the region can be an “early adopter” of the technology.

America 114