PYMNTS
MARCH 3, 2020
With the growing demand for in-car technology and features, Kia is re-focusing and will target its ACE strategy – Autonomous, Connected and Eco/Electric. Kia anticipates that it will adopt connected car technologies across every vehicle segment by 2025, and is aiming to make every vehicle model a connected car by 2030.
PYMNTS
SEPTEMBER 15, 2020
The sharing economy is projected to reach more than $300 billion in global revenue by 2025, yet identity verification provider Jumio found that one in five adults using sharing services feel insecure. Governments and organizations around the world are also seeking biometrics identity verification technology to authenticate credentials online.
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PYMNTS
DECEMBER 10, 2020
Video-based KYC is an effective digital technology used increasingly to confirm customers? million by 2025. Not just any digital banking platform will do, however: 38 percent of customers consider user experiences to be essential when selecting online banking services. million annually going toward bank fines.
PYMNTS
DECEMBER 12, 2018
As that mobile technology get closer to mainstream introduction, the potential 5G ecosystem for FinTech and mobile banking is gaining clarity. Banks and credit unions are still wrestling with the best ways to deploy mobile technology, and do so in ways that balance security, and safe authentication, and consumer convenience.
Accenture
OCTOBER 18, 2019
Based on our research, IIF payments are likely to shrink the payments revenue pool by 15 percent by 2025—in other words, a big threat to established players. trillion market by 2025. First, renovate and scale payments technology to drive down costs and ensure that their bank-specific volume/value trade-off remains positive.
PYMNTS
NOVEMBER 12, 2019
IDC predicts that the “Global Datasphere,” the entirety of all digital data created or replicated, will grow from 33 zettabytes (ZB) in 2018 to 175 ZB by 2025, which translates to a 27 percent CAGR. Additionally, by 2025, nearly 30 percent of this global datasphere will be real-time information, up from 15 percent of all data in 2017.
PYMNTS
OCTOBER 10, 2019
Over 80 percent of restaurant operators agree that the use of technology in a restaurant provides a competitive advantage and nearly four in 10 plan to invest more in expanding their off-premises business in 2019. The virtual restaurant business model is becoming increasingly popular as technology improves the user experience.
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