Remove 2027 Remove Fraud Remove Innovation Remove Marketing
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Mastercard: Using AI To Cure Healthcare’s $240B Fraud, Waste And Abuse Problem

PYMNTS

By the year 2027, the expectation is that those costs will have swelled to $6 trillion annually or roughly $17,000 per citizen or 19 percent of the GDP. Instead, she noted, an estimated $240 billion is going out the door to fraud, waste and abuse (FWA). Healthcare in the U.S. is a massive industry. in 2017 on healthcare services.

Fraud 216
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Report: Tokenization And Data Vaulting Take The Sting Out Of PCI Compliance

PYMNTS

Credit and debit card fraud increased in April 2019 and April 2020, in fact, as fraudsters take advantage of the crisis for personal gain. There are many technologies that can help keep customers’ data safe, with increasing market interest in tokenization in particular. The global tokenization market is even expected to reach $6.8

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Can Mobile Solve A City’s Transit Payment Challenges?

PYMNTS

The pandemic is driving consumers online to shop and pay, and expansion of the payment gateway market shows no signs of slowing. percent by 2027, when it will reach a total valuation of $87.6 Across The Payments Orchestration Ecosystem. It is expected to grow at a compound annual growth rate (CAGR) of 11.1

Mobile 181
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Fidor: How Cloud-Based Banking Helps With Compliance

PYMNTS

A significant portion of consumers in various global markets are even planning to increase their use of digital banking services in the coming months, which means banks are going to need to seamlessly support a new flood of digital consumers’ requests, as well as the data that comes with them.

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What could R3’s DLT-based platform mean for global payments?

NCR

The debate surrounding blockchain – or more specifically distributed ledger technology (DLT) – and its viability for widespread rollout across the global financial system rumbles on, but it seems that we are beginning to see clearer signs of how this area of innovation could have a real impact on the industry.

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Former Worldbank CEO On ClearBank’s New Core Banking Infrastructure And Driving FinTech Innovation

PYMNTS

As an infrastructure company, ClearBank, Ogden said, is giving banks an option to replace their existing core systems with an incredibly modern infrastructure that will improve their processing efficiencies, risk- and fraud-proof their operations, and enable a number of new financial services capabilities. Unclogging The Pipes.

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Deep Dive: Using Payments Orchestration To Power International Growth

PYMNTS

The cross-border eCommerce market presents a massive growth opportunity for businesses looking to expand, as eCommerce sales are expected to reach $18.9 trillion by 2027, and more than half of all eCommerce shoppers buy from merchants abroad. The ongoing pandemic is fueling this demand for digital commerce options.

Payments 162