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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

In fact, according to The Business Research Company’s 2022 Payment Security Global Market Report , the payment security market is expected to reach $43 billion by 2026. A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder.

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Deep Dive: The State Of mPOS In North America

PYMNTS

Mobile point-of-sale (mPOS) solutions have enjoyed widespread uptake in much of North America, and the region’s related market could see continued growth if solutions providers, government officials and other stakeholders play their cards right. percent between 2017 and 2026. Mexico isn’t alone in facing mPOS adoption challenges.

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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

Identity management, ID proofing, preventing account takeovers, limiting card-not-present risk, the rise of social engineering on remote workers, and more cyber-crime-as-a-service offerings had most of the buzz. This will present some customer experience and technological hurdles for many financial institutions.

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Pride Vendors Look To Triple Sales With mPOS

PYMNTS

percent between 2017 and 2026. Companies across the globe are innovating their mPOS solutions for faster, more secure services. This is especially true in North America, where consumers are still heavily reliant on plastic cards and cash payments. Around the Mobile Point-of-Sale World. In markets like the U.S.,

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Building A More Compliant Cannabis Industry With The Blockchain

PYMNTS

The cannabis industry brought in a little over $6 billion in revenue in 2016 — a figure that some estimate will grow to as much $50 billion by the year 2026. Ralston argued it’s a situation blockchain technology is uniquely well-suited to solve. The problem is not in moving the supply. As a point of comparison, U.S.

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How Fuel Cards Hold Fleets Back From EV Adoption

PYMNTS

The adoption of fleet cards and electronic payment technologies in the fleet industry supports the sector’s push toward digitization and innovation. According to the report, not a single fleet card provider is able to support transactions at EV charging stations across multiple charging networks.

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How Digital Verification Creates Seamless Experiences For Shoppers

PYMNTS

These are just some of the ways merchants – as well as technology providers – are using biometrics or other digital innovations to onboard customers or help them make purchases: Almost three quarters – or 74 percent – of customers consider security the most important element of their online experience. as of last August.

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