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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. Vendor and payment companies alike are seeking and creating solutions to provide their customers with the most secure digital payment experiences possible.

Industry 471
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Is This The End Times For Brick-And-Mortar Retail?

PYMNTS

A longer-term retail outlook, this one from investment firm UBS , said that an estimated 75,000 brick-and-mortar stores are likely to shut down by 2026. That’s because over the last half decade, customers have been trained that walking into a store isn’t nearly as satisfying or productive an experience as shopping online.

Retail 179
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Deep Dive: Making Smarter Payments Safer

PYMNTS

In this month’s Deep Dive, PYMNTS examines how data can improve customersexperiences, and how regulations can keep their data safe. The report indicates that the total value of mobile banking app transactions is likely to reach £3.4 billion payments by 2026. More Data, More Innovation. consumers in the coming years.

Payments 180
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5 Ways Digital Payments Will Change FIs and Fraud in 2023

FICO

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 Buy-Now-Pay-Later Will Win on Customer Experience but Needs Enhanced Security. And PYMNTS.com says the U.S.

Fraud 52
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Deep Dive: How Restaurant Operators Are Driving mPOS Evolution

PYMNTS

Restaurants are now catering to consumers’ growing demand for convenience, increasingly tapping into new mobile point-of-sale (mPOS) and mobile order-ahead solutions to provide quicker service to all guests. Mobile ordering isn’t just providing consumer conveniences, either. But things are changing — and fast.

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Take Me Out To The (Payments) Ball Game

PYMNTS

One ball park and customer experience at a time. All in, Wright noted, it adds up to a big opportunity for minor league baseball — and a big goal: to increase its fan base to 50 million by 2026. And the inside-the-park experience is going to play a big role in that,” noted Wright.

Payments 101