South State Correspondent
APRIL 4, 2024
Secular changes occur over many business cycles, tend to be slow-moving, and are more difficult to manage with business strategy. 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.
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. percent from 2019-2028 and is expected to comprise a $2.5 trillion industry by 2028, according to Boston Consulting Group.
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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. 5) that it is integrating AvidPay into its BankTEL product suite, which is designed for financial institutions (FIs) to manage accounting and expenses.
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.
PYMNTS
SEPTEMBER 4, 2019
The shortage could top 100,000 drivers in five years and 160,000 drivers in 2028. The trucking shortage is now in the tens of thousands of positions, according to American Trucking Association Chief Economist Bob Costello, as reported by USA Today. A shortage of trucking impacts the timeliness of supply chains, of course.
CB Insights
MARCH 19, 2019
Move over, 4G — the next generation of wireless technology is here. 5G technology will enable wider network coverage, more stable internet connections, and faster data transfer speeds (from 4G’s 1Gbps to 10Gbps). 5G technology could integrate many unconnected, energy-consuming devices through low-cost connections.
FICO
APRIL 13, 2022
trillion by 2028. worth of fraud in every £100 spent using contactless technology. So, for example, if a criminal manages to get hold of a wallet holding three different cards, the value of that wallet to them would be up to £2,700. Understand the role customer communications play in fraud management. by Matt Cox.
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