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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.

Industry 471
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The Future of Checks – Tales From The Crypt

South State Correspondent

This cost includes receiving checks, scanning, providing checks, check security, data verification, check data management, compliance, fraud management, customer service for transactions, handling complaints, dispute resolution, and exception handling. Once a check leaves the payee’s hands, it is mainly unsecured.

Fraud 195
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Virtual Assistants Join The Corporate Finance Team

PYMNTS

Artificial intelligence adoption continues to grow in the corporate world, and as businesses look to broaden margins, save money and drive strategic operations, the finance department is a prime target for AI-powered solutions. 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. percent between 2019 and 2026, hitting $43.2 percent between 2019 and 2026, hitting $43.2 Tightening Authentication. percent “less likely to be compromised.”.

Security 151
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Healthcare Looks To 5G For Cost Control

PYMNTS

Engaged consumers are better consumers, and they tend to show more loyalty to businesses or other operations, including hospitals and other healthcare providers. 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.

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. The market for field management services is on track for significant growth because of its ample benefits.

Tools 100