PYMNTS

AUGUST 14, 2020

I would rather grow the market than just try to take everything,” the executive said. Jumia is reportedly viewed as an innovator in eCommerce in sub-Saharan Africa. However, COVID-19 assisted in powering an increase in market value this year, with a recent 30 percent drop in shares following Q2 earnings.

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PYMNTS

AUGUST 19, 2019

33 percent: Projected CAGR of the global IoT insurance market, as measured between 2019 and 2025. percent: Projected CAGR of the IoT analytics market from 2017 to 2025. Data: $1 trillion: Projected value of global IoT spending in 2022. billion: Number of IoT devices in use across the globe.

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PYMNTS

FEBRUARY 17, 2020

To provide consumers with the curation of a subscription box or the flexibility of a rental platform, digital innovators are tapping into the subscription business model. The estimated market size of the sharing economy by 2025 is $335 billion. Spotify rolled out multiple marketing campaigns during the quarter.

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PYMNTS

JANUARY 31, 2017

the grocery and pharmacy conglomerate behind Albertsons, Shaw’s, Star Market and Safeway, among others — has welcomed a new senior VP of digital marketing and eCommerce, Narayan Iyengar. ” Iyengar has a track record of innovation, Albertsons said, from his time working on eCommerce optimization for Walt Disney Co.

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PYMNTS

MARCH 3, 2020

The markets for automotive software and electrical/electronic (E/E) components is anticipated to reach $465 billion between 2020 and 2030, up from $238 billion, according to the McKinsey report Mapping the Automotive Software-and-Electronics Landscape Through 2030. Connected services are the future of the automotive industry.

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PYMNTS

JANUARY 26, 2021

The global contactless payment market is projected to reach $18 billion by 2025, in fact, up from $10 billion last year — a nearly 12 percent compound annual growth rate (CAGR). Contactless payment innovation is underway at the nation’s CUs as the public shuns cash and even physical cards to lower the risks of infection.

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Tools Los Angeles New Jersey Trends 276

PYMNTS

DECEMBER 1, 2020

Glasgow-based bank Virgin Money has partnered with Redspire , a local FinTech, to help boost its presence in the business account market, according to a report from Daily Business Group. Virgin Money is currently transforming its existing system for business current accounts into a new form, a "wellness tracker" for SMBs.

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Regional Groups Report Innovation 205

PYMNTS

OCTOBER 28, 2020

Digital payments are growing ever more widespread, with the global digital payments market increasing by more than 50 percent in the past three years to hit $4.7 billion by 2025, up from $74.4 A study found that FinTechs spend 70 percent of th eir budgets on innovation, while banks typically spend 35 percent. trillion in 2020.

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Independent Banker

DECEMBER 31, 2022

Image by Worawut/Adobe By Charles Potts As we turn the page to a new year, the innovation evolution continues. ICBA is leaning into it, bringing its ThinkTECH Accelerator program and innovation efforts in-house to provide community bankers with targeted solutions. The emergence of chief innovation officers or digital strategists.

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South State Correspondent

MARCH 14, 2024

If you are a typical banker and you agree with the above, then your conclusion will likely be that 2025 should be spent focusing on your core business. The bank that will be around in the next 50 years will be one that develops the ability to build infrastructure now that allows for efficient innovation in the future.

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PYMNTS

JULY 24, 2019

The mandate handed down by Japan’s lawmakers strives to increase the total of digital payments from 20 percent to 40 percent by 2025, Visa said in a press release on Thursday (July 24). . according to Visa. This secures Visa’s position as the exclusive payment technology provider and the only card accepted at the Olympic Games.

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Payments Innovation Cards Technology 185

PYMNTS

SEPTEMBER 16, 2019

trillion global payments market with free services, banks could lose as much as $280 billion in revenue by 2025, according to an Accenture report and press release circulated on Monday (Sept. As more startups penetrate the $1.5 In addition, instant payments and app-based virtual wallets will jeopardize 3.9 percent of bank revenues.

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PYMNTS

JANUARY 22, 2018

More important, perhaps, than the innovations they made on behalf of their more famous lead players, was how their contributions accelerated those innovations’ time to market. Innovation in payments and commerce has an unsung hero, too. And who will influence how innovation happens. Distribution.

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PYMNTS

AUGUST 19, 2020

This manual system has been a source of frustration for both workers and their employers for years, but the pandemic has exacerbated the systems’ deeper flaws and served as a catalyst for a wave of spend ma nagement innovation. This growth is not limited to the business-to-consumer (B2C) market, either. About The Playbook.

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PYMNTS

JANUARY 2, 2020

billion products will be internet connected by 2025. . “In In the five years since we launched Family Hub, we have introduced innovations that reflect the new ways that busy, modern families are managing their daily lives,” Samsung General Manager of Home Appliances John Herrington said. IDC predicts that 41.6

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PYMNTS

SEPTEMBER 23, 2019

Grocery shopping is getting much, much smarter as the pace of innovation heats up. 51 percent: Estimated CAGR of global SMB online platform market through 2025. billion: Estimated value of global video streaming market by 2022. 51 percent: Estimated CAGR of global SMB online platform market through 2025.

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PYMNTS

MAY 31, 2018

With the ubiquity of smartphones, people expect to have access to data and be notified on these devices,” said Ray Almgren, chief marketing officer at Swift Sensors. Here’s how: The global IoT market is expected to have a compound annual growth rate (CAGR) of nearly 27 percent from 2018 to 2024. trillion in 2024.

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Perficient

DECEMBER 10, 2024

Were pleased to announce that Perficient has been named a Major Player in the IDC MarketScape: Worldwide Adobe Experience Cloud Professional Services 2024-2025 Vendor Assessment (Doc #US51741024, December 2024). It evaluates both quantitative and qualitative characteristics that contribute to success in this market.

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PYMNTS

FEBRUARY 19, 2020

But for entrepreneurs and innovators, a $2 trillion problem can also double as an opportunity – and the business of helping consumers lose weight is looking incredibly fit these days. The firm recently raised $10 million in Series A funding to push its sustainable lifestyle-changing app into the wider global market.

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PYMNTS

OCTOBER 28, 2020

Many of those who are still employed continue to work remotely from home, making it abundantly clear that the digital-first market that has emerged since the pandemic’s outset will likely persist for the foreseeable future. percent until 2025, when it is poised to reach $42.9

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Payments Report Operations United States 257

Gonzobanker

JANUARY 18, 2024

Regulatory headwinds, iffy economic conditions and a more conservative approach to tech innovation spending are combining to put a damper on BaaS growth. By the end of 2025, however, commercial RTP payments will start to grow more significantly as smart banks realize that’s where the opportunity (i.e., Big surprise, eh? money) is.

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Fintech Customer Experience Tools Payments 88

PYMNTS

MAY 26, 2017

Analysis from Expert Market found that some small businesses in the U.K. Nearly half of all payments in 2015 were made using a credit or debit card, according to Expert Market, which equates to more than $121,000 in profits for a single small business. Earlier this month, separate research from Barclaycard found that U.K.

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PYMNTS

JANUARY 2, 2020

billion products will be internet connected by 2025. . “In In the five years since we launched Family Hub, we have introduced innovations that reflect the new ways that busy, modern families are managing their daily lives,” Samsung General Manager of Home Appliances John Herrington said. IDC predicts that 41.6

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Samsung Video Innovation Management 130

PYMNTS

MARCH 22, 2019

Faster payments is starting to make a splash in healthcare — thought as one source cautions, innovation in B2B payments is about more than “getting faster.” percent: Projected CAGR of the global self-service kiosk market through 2024. billion: Estimated size of the eCigarette market by 2025.

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Payments Software Meeting Innovation 115

PYMNTS

JANUARY 21, 2020

billion via retail and marketing in 2022. As a country such as India further embraces eCommerce and digital marketing, for instance, you can expect more AR and VR adoption there in the new decade. Facebook also wants to partner with Ray-Ban’s parent company, Luxottica, to release the glasses between 2023 and 2025.

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Retail Trends Washington Technology 210

PYMNTS

APRIL 25, 2019

The fact remains that in banking – especially among credit unions – innovation in terms of new services and products remains essential. percent: Projected CAGR of the digital payments market between 2019 to 2024. $39 39 billion: Estimated total value of the real-time payments market by 2025.

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Mobile Fintech Course Innovation 128

PYMNTS

JANUARY 20, 2021

Miami-based micromobility startup Bolt , co-founded by Olympic gold medalist Usain Bolt, is expanding to 48 new markets after acquiring the assets of Last Mile Holdings, which included the mobility-as-a-service (MaaS) platform Gotcha. This was a perfect fit,” Bolt CEO Ignacio Tzoumas said in a press releas e.

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Miami Community Mobile Technology 188

PYMNTS

SEPTEMBER 2, 2020

Researchers are also predicting that the global demand for such integrations will likely drive double-digit market growth over the next five years. Recent studies suggest that the payments gateway market is on course to grow at a compound annual growth rate (CAGR) of 16.4 percent through 2025, when it is expected to total $42.9

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PYMNTS

SEPTEMBER 17, 2020

Higher education is not immune from pandenomics, and is undergoing its own reset as institutions of higher learning synthesize new market conditions. One recent report found that the IAM technology market is predicted to grow from $7.6 billion by 2025.”. billion this year to $15.3 Testing Limits, Pushing Boundaries.

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Video Resources Course Online 251

South State Correspondent

DECEMBER 12, 2024

If you are conducting bank strategy or marketing around demographic information, at best you are being lazy and ineffective. At worst, you are being sexist, ageist and a bunch of other names that can hurt your culture and reputation while wasting your marketing budget. and then testing if they like it or not.

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social media Tools Marketing Data 195

PYMNTS

JULY 10, 2019

And, in digital innovation news, the automated retail landscape in the U.S. billion: Expected value of the mPOS market by 2025. billion: Expected value of the mPOS market by 2025. Some firms say they expect their suppliers to accept late payments because they’re important customers. All this, Today in Data.

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PYMNTS

NOVEMBER 10, 2020

It is the rule of thumb, when it comes to secular change, that very few innovations come along to rapidly change the state of payments themselves.

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cryptocurrency blockchain Bitcoin Security 324

PYMNTS

MARCH 12, 2018

In 2016, AI in the retail market totaled $712.6 By 2025 — less than a decade later — it’s projected to reach $27,238.6 First, there’s the growth of the mobile market. Artificial intelligence (AI) is making itself right at home in the retail industry. Why such an astronomical increase? Third, there’s the shift to omnichannel.

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Customer Experience Retail Analytics Technology 144

PYMNTS

JANUARY 24, 2020

This offers enormous potential for merchants, brand owners and financial institutions to drive innovations that maximize flexibility and choice for consumers,” the release stated. billion by 2025. With this partnership, we’re continuing to build innovative solutions and provide people with new ways to pay right at their fingertips.

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Payments Innovation Study Meeting 152

CFPB Monitor

SEPTEMBER 8, 2022

As has been previously reported by the CFPB through a blog post and two December 2021 overdraft reports , which we previously blogged about here and here , many banks have announced innovations and policy changes in the past year to enhance their overdraft programs and reduce consumer harm.

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Study Policies Innovation Analysis 78

PYMNTS

APRIL 14, 2020

“Some industry analysts have predicted that robotics in retail will be involved in more than three-quarters of logistics operations, with McKinsey estimating that autonomous vehicles will make up 80 percent of deliveries by 2025.”. It is also rising on the sales floor. COVID-19 would certainly fill the bill.

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San Francisco Retail Examples Mobile 278

PYMNTS

JULY 29, 2019

There are all kinds of skin care startups on the market that promise to deliver some kind of epidermal miracle, particularly on one’s face. Despite growing levels of frustration among their consumers, skincare brands continue to churn out generic formulations catering to the mass market.

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