Remove 2025 Remove Capital Remove Operations
article thumbnail

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.

Retail 177
article thumbnail

Goldman Gets Green Light To Operate Bank In South Africa

PYMNTS

South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. Africa’s eCommerce volume is expected to reach $75 billion by 2025, and economic output in FinTech is anticipated to add $150 billion by 2022 to its GDP.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Resolution Plan Submission Period Extended by Key Financial Agencies

Perficient

Moving forward, these institutions will need to submit their resolution plans by March 31, 2025. The focus is on critical areas of potential vulnerability such as capital, liquidity, and operational capabilities, essential for effective resolution.

article thumbnail

Grab May See $1B Investment From SoftBank Vision Fund

PYMNTS

As it stands, Grab , which launched in 2012, has operations in areas like Thailand, Vietnam and Malaysia. A Temasek and Google joint report found that that the region’s internet economy could be worth $240 billion when 2025 rolls around. According to the report, Grab is “keen to continue its expansion across southeast Asia.”

Capital 184
article thumbnail

Kohl?s Leans Into Digital During Pandemic Store Closures

PYMNTS

These include operating with limited store hours, social distancing signage, elevated cleaning procedures, a new returns process, among many others,” Gass said. As it worked to address the pandemic, Kohl’s said it cut its planned capital expenditures by about $500 million and sizably decreased expenses throughout the business.

Retail 235
article thumbnail

Harnessing ERP Software And AP Automation’s Combined Power

PYMNTS

Successful companies know they must be agile and flexible to meet customers’ ever-changing demands, forge valuable long-term supplier relationships and operate smoothly. Bringing AP automation to ERP offerings enhances working capital management, reduces operational costs and improves productivity. billion by 2025.

Software 209
article thumbnail

SMBs Turn To Barter To Ease Uncollected Receivables Burden

PYMNTS

When an organization is bearing an ever-increasing burden of outstanding accounts receivables, there are multiple sources of capital to which it can turn. Another alternative, noted James, is to rely on predatory lenders to access quick cash to cover the costs of operating. "It's been a really rough adjustment for a lot of them.".