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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.

Industry 471
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Consumer Credit Update for 2Q 2023

South State Correspondent

Even if your bank has limited consumer exposure, given that the consumer composes approximately 66% of the US economy, and, according to the yield curve and market pundits, we are all staring into a recession, paying close attention to consumer trends is critical. These are cash flow management tools that send a signal of future problems.

Trends 195
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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. Generative AI: Traditional AI was ever-present in touted solutions regarding fraud, risk management, and the customer experience. Maybe a topic for next year?

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Is India’s ATM Disappearing Act A Digital Payments Boon?

PYMNTS

Chalk it up to “unviability of operations” in the wake of new regulatory guidelines, mandating upgrades that focus on the actual management of the physical cash at those machines. Since then, critics have noted the lack of effectiveness in achieving at least some of Modi’s stated goals, namely, combating black market activity. (By

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Deep Dive: Making Field-Based Employees More Efficient

PYMNTS

Field-based workers take on many different roles in multiple markets, and their ranks include engineers and technicians who install solar panels, water filtration or home security systems, plumbers, landscapers, roofers and electricians. The market for field management services is on track for significant growth because of its ample benefits.

Tools 100
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5 Ways Digital Payments Will Change FIs and Fraud in 2023

FICO

Vice President, Product Management. Since we are in the early stages for many new payment technologies, the steps FIs take in 2023 will shape how these new payment markets unfold. real-time payments market alone hit about 2 billion transactions this year, but should grow to 9 billion transactions in 2026, worth more than $10.5

Fraud 52
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Why Spend Management Tools Matter For Field-Based Workers

PYMNTS

The latest Workforce Spend Playbook showcases the shifting spend management solutions landscape and how improved services are affecting SMBs’ in-field expense management, back-office operations and bottom lines. It’s table stakes for anyone operating in an incredibly competitive labor market,” she said. billion by 2026.

Tools 108