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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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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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Deep Dive: How FIs Can Upgrade Authentication Measures To Foil Fraudsters? Open Banking Attacks

PYMNTS

Open banking may soon become table stakes for financial institutions (FIs) — they need to act now and be able to offer it securely or risk getting left behind. There appears to be strong demand for such services, too, with the global open banking market projected to increase in value at a compound annual growth rate (CAGR) of 24.4

Security 151
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Healthcare Looks To 5G For Cost Control

PYMNTS

So far, it appears that 5G’s multi-gigabit speeds and massive capacity will mostly be an urban phenomenon,” according to a recent item in Health Data Management. Even beyond any rural-urban divide on 5G, the deployment of the technology will present other challenges and opportunities, including in the area of security.

Analysis 196
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Libra Forces Cryptocurrency Regulators To Reexamine Procedures

PYMNTS

A recent survey of decision-makers from financial institutions (FI), investment firms and asset management and insurance companies found that many are choosing to proactively ramp up their defenses rather than potentially running afoul of regulations or paying heavily for failing to stop crime. A report found that the U.S. imposed a full $23.52

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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. Field-based work is projected to experience significant growth in the coming years.

Tools 100
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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

ATM 187