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How Retailers Could Turn Smart Vending Into A $15B Market By 2025

PYMNTS

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. The estimated value of the global intelligent vending machine market by 2025 is $15 billion. And digital disruptors are putting a new spin on vending machines.

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

PYMNTS

This puts pressure on merchants to find ways to make their operations PCI compliant, and fast. 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 percent over the next seven years.

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Scotiabank: Why Banks Need To Rethink Personalization

PYMNTS

Experts predict that the market will reach $10.87 billion by 2027, generating a compound annual growth rate (CAGR) of 13.6 In-branch operations have been severely impacted by the pandemic, with many banks instituting an appointment-only mandate for meetings be tween bank staff and customers to reduce the risk of infection.

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Can Mobile Solve A City’s Transit Payment Challenges?

PYMNTS

High transaction success rates can indicate an efficient payments operation, but keeping them high is no easy feat. 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

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What Clues Can Last Year’s Results Offer For Amazon’s 2019 Alexa Event?

PYMNTS

Amazon has always been a “go big or go home” kind of operation, and so when it rolled out a dozen or so Alexa-enabled devices – embedded in sound systems, car dashboards and even entry-level microwaves – during its big device event last fall, it was notable if not exactly shocking. The global smart speaker market was worth around $4.3

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Modern Card Issuer Marqeta Is Going Public. Here’s What It Means For Payments Tech & Issuer Innovation

CB Insights

Marqeta is currently trading at $16B in the private market. Below, we take a look at where the company is gaining traction across the payments technology market and where it might face challenges as it enters the public domain. . Massive market opportunity driven by the pandemic and shift to digital payments . Key Takeaways.

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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.