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Open banking: Balancing innovation with security

BankInovation

After years of stop-start evolution, the market boom that open-banking advocates have been waiting for appears to be underway. billion by 2026, equivalent to an annual growth rate from 2019 upwards of 24%. The potential of this sector is as large as it is untapped with the sector projected to be worth $43.15 Open banking […].

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

Perficient

Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners. To use this offering, cardholders enrolled a fingerprint to have securely stored on their card. billion of economic output.

Industry 471
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Deep Dive: Making Smarter Payments Safer

PYMNTS

They must deliver services that customers and clients demand while securing their personal data. More Data, More Innovation. market is seeing an uptick in faster and real-time payments transactions. The market completed roughly 1.3 billion payments by 2026. Some of the benefits can be seen in the U.K.

Payments 180
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Pride Vendors Look To Triple Sales With mPOS

PYMNTS

While some markets may be seeing relatively slower adoption of mobile point-of-sale (mPOS) than others, there’s no denying that the overall popularity of mobile and contactless payments are growing fast among consumers. percent between 2017 and 2026. percent between 2017 and 2026. In markets like the U.S.,

San Diego 130
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Virtual Assistants Join The Corporate Finance Team

PYMNTS

“The Office of Finance is now ready to adopt this technology, in a market ripe for disruption, with cloud enablement at the forefront of innovation.”. Polaris Market Research says intelligent virtual assistant technology is expected to be a $21.5 billion market by 2026 as demand grows from small and medium-sized businesses, too.

Analytics 147
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Amazon Sizzles, CX Border Fizzles And Humans Win One Against The Machines 

PYMNTS

“As new technology advances bring innovation, we need to be careful that the impact of this is progressive and does not create barriers…”. And while robots will certainly be taking some jobs out of the market, it is worth noting that 3.2 Which is why we should thank Facebook for restoring our faith in humanity this week.

Las Vegas 116
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Ericsson Says 5G Uptake Is Accelerating; COVID Highlights Need For Connectivity

PYMNTS

However, by 2026, Ericsson said the 5G subscription number is now expected to exceed 3.5 billion users, accounting for about a 40 percent market share. will catch up and overtake China in the race to roll out high-speed mobile technology, forecasting that North America will account for 80 percent of global 5G subscriptions by 2026.

National 147