PYMNTS
JULY 17, 2020
The rise in online shopping amid the pandemic is making digital payment options essential to healthy cash flow. 87.6B: Projected value of the global payment gateway market by 2027. Smart routing is quickly gaining momentum as one of the tools at a merchant’s disposal. All this, Today in Data. 30: Number of underserved U.S.
Bank Innovation
OCTOBER 31, 2017
Japan’s is Mizuho Bank is cutting 19,000 jobs by 2027, following in the footsteps of Nordea Bank, which last week announced it was cutting 6,000 jobs by 2020. Two other major banks Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group will also be cutting jobs over the next few years. A total of 33,000 […].
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PYMNTS
SEPTEMBER 22, 2020
Many financial institutions (FIs), especially online-only entities, moved their digital banking infrastructure to the cloud years ago to prepare for a rising crop of digital users, but the pandemic’s impact goes deeper. Deep Dive: Why The Pandemic Is Pushing Up The Cloud Compliance Innovation Curve. Around The Cloud Banking World.
PYMNTS
JULY 22, 2020
A study from AppsFlyer and Google found that global ATM use had decreased by 50 percent since the beginning of the outbreak as social distancing and stay-at-home orders have increased customers’ reliance on mobile apps and online banking options rather than ATMs. billion by 2027, generating a compound annual growth rate (CAGR) of 13.6
PYMNTS
OCTOBER 2, 2020
With more consumers than ever going online to shop and pay, merchants are building and expanding their digital capabilities to meet this demand for digital commerce. billion by 2027, propelled by a compound average growth rate (CAGR) of 25.7 Around The Pa yments Orchestration Ecosystem. percent over the next seven years.
PYMNTS
JULY 16, 2020
This risk is even greater now that the pandemic has upended normal shopping behaviors, driving an increasing number of consumers online to shop and pay, with retailers having experienced a 14.8 The pandemic is driving consumers online to shop and pay, and expansion of the payment gateway market shows no signs of slowing.
PYMNTS
NOVEMBER 14, 2018
Online shopping is on a tear, and marketplaces are reaping the rewards. billion — online payments were completed in the U.S. In the post, Shopify wrote, “by accepting Venmo directly in your online store, users can complete their purchase in just a few clicks. The expected size of the digital payments industry by 2027 is $2.4
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