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

Perficient

Here are some of the biggest payment trends we’re forecasting for the new year. 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.

Industry 471
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Today In Data: Digital Banking Cybersecurity

PYMNTS

In addition, Snap’s stock has dropped precipitously since its initial public offering (ICO), and gig workers might drive longer hours or make more deliveries if they received quicker payments. billion: The projected size of the global banking cybersecurity market by 2026. Data: $248.26

Data 153
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Deep Dive: Making Smarter Payments Safer

PYMNTS

Banks and businesses handling personal information face a delicate balancing act as global systems embrace smarter payments. Data is crucial and — fortunately, for banks and businesses in the smarter payments space — plentiful. One recent report found consumers’ changing habits could help expand the smarter payments ecosystem.

Payments 180
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mPOS At 37,000 Feet

PYMNTS

With the global mobile point of sale (mPOS) market projected to experience a compound annual growth rate (CAGR) of 18.8 percent from 2017 to 2026, many solution providers are looking to use partnerships as a boost to snag a bigger share of the growing market. mPOS Helps In-Flight Payments Take Off. About The Tracker.

Software 220
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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. Around the Mobile Point-of-Sale World. In markets like the U.S.,

San Diego 130
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Healthcare Looks To 5G For Cost Control

PYMNTS

The new 5G mobile network technology has started to make its initial foray into healthcare, and at a time when issues of cost, efficiency and accessibility are gaining even more focus than was the case before. Patients and Payments. As all that happens, potential use cases for 5G in the healthcare space are taking at least rough shape.

Analysis 196
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Is India’s ATM Disappearing Act A Digital Payments Boon?

PYMNTS

However, amid the scramble to take advantage of sunset-ing ATMs, might there be additional torque behind efforts to bring India’s payments infrastructure — as well as consumer habits and financial inclusion — further into the digital age? Greenfield Opportunity For Payment Heavyweights. The Opportunity Ahead.

ATM 187