South State Correspondent

NOVEMBER 9, 2023

While technology has always been important in banking, it has yet to drive the essential functions of banking. We tracked almost 100 banking technology trends throughout the year and now bring you the top ten, in order, based on our view of long-term strategic importance. In the last year, this has started to change.

Trends 195

Trends Technology Fraud Data 195

South State Correspondent

APRIL 4, 2024

However, because bank capital has an average expected life of 15 to 20 years, bank managers must gauge and react to secular changes that will impact their business model. By 2028, debt as a percentage of GDP will reach a historical high of 106% and will reach 200% by 2050. With time, these changes will only amplify.

Risk Management 195

Risk Management Community Bank Policies Community 195

PYMNTS

FEBRUARY 13, 2020

Vertical payments startup Flywire has acquired healthcare technology startup Simplee , while also closing a $120 million Series E investment round led by Goldman Sachs, the company announced on Thursday (Feb. This funding round brings the company’s total capital investment to $260 million.

Boston 130

Boston Capital Industry Payments 130

PYMNTS

DECEMBER 9, 2019

Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. percent through 2028, according to Boston Consulting Group. This latest fundraising could top $300 million. AvidXchange previously raised $300 million in 2017 at a $1.4 The company announced on Thursday (Dec.

North Carolina 130

North Carolina Nashville Charlotte Boston 130

PYMNTS

DECEMBER 9, 2020

According to Goldman Sachs, the B2B payments space will see volumes topping nearly $200 trillion by 2028, more than five times the volume of B2C payment flows. According to Disque, the technologies are already in place for B2C firms to take the leap into B2B, but businesses must be strategic about the tools they choose to adopt.

Innovation 297

Innovation Fintech Cards Payments 297

PYMNTS

SEPTEMBER 4, 2019

The shortage could top 100,000 drivers in five years and 160,000 drivers in 2028. And yet, Supply Chain Dive reported this week that the number of trucking companies that have shuttered has more than tripled so far in 2019 to 640 trucking companies, according to data from Broughton Capital.

Company 123

Company Study Capital Operations 123

CB Insights

JUNE 4, 2019

In this report, we examine how fashion brands are leveraging technology to make clothing production and consumption more sustainable, from the use of plant-based textiles and bacteria-based dyes to leveraging a blockchain-based supply chain to increase transparency. 3D printing technology could also help automate the manufacturing process.

Industry 78

Industry Branding Examples Innovation 78