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

PYMNTS

As technology reshapes the way buyers access goods and services, consumer expectations are moving targets, and merchants that hope to survive can’t afford to fall behind. From Reis & Irvy’s to Vengo , merchants and technology companies are reinventing the world of vending technology through smart devices.

Retail 177
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Shift4 Payments Rebrands 3dcart, Launches eCommerce Platform Shift4Shop

PYMNTS

The platform offers website templates, product and order management, and marketing tools. The payment processor introduced contactless pay technology in June, called QR Pay , to allow businesses to let customers pay for goods by scanning QR codes on their phones. “As The overall contactless payment market is expected to hit $4.68

Payments 141
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Report: Tokenization And Data Vaulting Take The Sting Out Of PCI Compliance

PYMNTS

There are many technologies that can help keep customers’ data safe, with increasing market interest in tokenization in particular. Many firms are turning to payments orchestration providers, equipped with tokenization and data vaults, to help manage their compliance operations. percent over the next seven years.

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AI/BOTS: Artificial Intelligence’s Impact On Jobs

PYMNTS

Artificial intelligence (AI) has helped to swing the pendulum in favor of chatbots, along with other technology integrations, into a sweet spot that’s helping to likely streamline processes throughout retail. Retail Systems Research’s Managing Partner, Nikki Baird, commented on this in a recent Forbes piece. employment will see a 9.8

Retail 121
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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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Are Mobile Payments Finally Ready To Ignite In Japan?

PYMNTS

It’s the market that should ignite but stubbornly refuses to. They are eager participants in modern eCommerce, and Japanese firms were literally on the ground floor of the development of mobile payments since Japanese firms invented the two key cashless payments technologies that power the vast majority of mobile payments done today.

Mobile 154
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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. And they are spotting on average 2-3 times more fraud that has managed to slip under the radar, in some cases for years. Healthcare in the U.S. is a massive industry.

Fraud 216