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Banks could save more than $70 billion using new tech by 2025

Bank Innovation

North American banks could save more than $70 billion through 2025 using technology to automate jobs or assist employees, according to estimates from Accenture Plc.

Study 284
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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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Burger Intelligence: Shake Shack AI Takes Ordering, Customer Experience To The Next Level

PYMNTS

These transformational shifts are, in turn, affecting how quick-service restaurants (QSRs) engage customers as the health crisis limits their in-person dining offerings and forces them to fast-track planned digital innovations. Around The Order To Eat Space. Shake Shack On Leveraging AI, ML To Drive Customer Experience.

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Apple Aims At Debuting Car In 2024

PYMNTS

Apple is advancing its self-driving car project, according to a Reuters report, and will look at debuting a new product by 2024 that could also come with new battery technology. In addition, pandemic-related delays may end up pushing back the company's potential debut to 2025 or later. “If

Apple 332
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Virtual Cards Help Companies Manage Spend In Real Time

PYMNTS

Digital B2B payments innovations as diverse as machine learning (ML) automation, cloud-based enterprise resource planning (ERP) systems and virtual cards are gaining unprecedented traction as businesses move to build sustainable B2B payments operations outside of th e office.

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Taking Real-Time Payment Rails To The Tipping Point

PYMNTS

Digital payments sent internationally are expected to move past $1 trillion in 2025, but getting to that point will require support from payment providers, regulators and other such firms still building out the necessary infrastructure. Real-time payments are imperative for running successful operations in today’s global ecosystem.

Payments 304
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Western Union Heads To The Cloud To Make B2B Payments Faster

PYMNTS

In the November edition of The FI’s Guide To Modernizing Digital Payments , PYMNTS explores the latest in the world of payments modernization, including new investments in payments automation, FIs’ perennial competitive struggles with FinTechs and how cloud technology can level the payments playing field. billion by 2025, up from $74.4

Payments 219