Perficient

OCTOBER 15, 2024

Banks process an astronomical amount of sensitive information daily—think trillions of transactions annually—and they need to manage that data efficiently and securely. Companies like American Express have adopted Alation’s tools to streamline their data governance operations. It’s essential for survival.

Tools 221

Tools Data Compliance Regulation 221

Abrigo

SEPTEMBER 6, 2024

You might also like this webinar, "Tackling operational risks: Strategies for check fraud and ransomware prevention." The reporting form for this rule will be published before its effective date of December 1, 2025. Help them understand how these rules affect their operations and what steps they need to take to remain compliant.

Compliance 195

Compliance Training Fraud Regulation 195

PYMNTS

FEBRUARY 25, 2020

These three main segments of the Fleet Solution are said to provide better control over operations and increased protection against fraud. Zain Hak, general manager for Shell Fleet Solutions Asia, said the company’s fleet management experience spans 30 countries, giving it “an in-depth understanding of the needs of fleet owners.” .

Cards 159

Cards Fraud Operations Management 159

South State Correspondent

MARCH 14, 2024

This all compares to about a 40%+ return invested in improving processes (loan, branch, cash management, etc.) 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. Risk management also needs to change.

Innovation 195

Innovation Strategy Capital Comparison 195

PYMNTS

JANUARY 18, 2021

Last week, Grab announced that its Grab Financial Group had raised $300 million in a Series A funding round led by Hanwha Asset Management and joined by K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures. Founded in Malaysia in 2012, Grab is also known for its popular ridesharing and delivery services.

Fintech 198

Fintech US Groups Management 198

Cisco

APRIL 26, 2022

Those ecosystems could add up to a $60 trillion integrated network economy by 2025, according to McKinsey. As digitization transforms operating models, institutions are deploying AI capabilities to front, middle, and back-office operations, embracing an iterative approach to improve the quality of analytic models.

Big Data 139

Big Data Data Analytics Examples 139

PYMNTS

JULY 5, 2020

We see our mission, to make it easy to do business anywhere, reflected in Tokopedia’s journey,” said Finance Manager Kenny Ho at Alibaba at the time. The country’s eCommerce market is projected to expand from $21 billion in 2019 to $82 billion by 2025, according to a recent study by Google, Temasek and Bain & Co., and Europe.

Google 264

Google Regional Retail Groups 264

PYMNTS

NOVEMBER 26, 2019

Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. As SMBs seek opportunities to expand their operations, and reach new customers and markets, they will need the right spend and workforce tools to ensure funds are spent appropriately. billion in value by 2025.

Tools 141

Tools Boston Cards Management 141

South State Correspondent

JULY 18, 2024

In our last deep dive into the cost of checks for banks ( HERE ), we estimate that checks will end up costing banks about $12 per check (below) in 2024 when you add up branch costs, operational processing, and fraud. Getting a proposed timeline and roadmap is critical to the proper allocation of resources.

Fraud 195

Fraud Payments social media Operations 195

PYMNTS

FEBRUARY 26, 2020

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

Software Fraud Resources Tools 209

PYMNTS

JANUARY 20, 2020

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.

Capital 131

Capital Groups Apple Operations 131

PYMNTS

FEBRUARY 4, 2020

The robot offers beverages in an establishment operated by the Yoronotaki restaurant firm, Reuters reported. We hope it’s a solution,” said Yoshio Momiya, a Yoronotaki manager. Japan foresees a shortfall of 380,000 workers by 2025 in just the healthcare sector alone. Testing of the robotic bartender will take two months.

Retail 131

Retail Operations Software Branding 131

PYMNTS

MAY 19, 2020

These include operating with limited store hours, social distancing signage, elevated cleaning procedures, a new returns process, among many others,” Gass said. The company issued $600 million in notes due 2025, replaced as well as upsized its revolver to a $1.5

Retail 235

Retail Report National Capital 235

South State Correspondent

JUNE 27, 2023

It’s a way for banks to speak with each other, and it started to be phased in during the first quarter of this year with the goal of a complete conversion by 2025. Operational Efficiency : By using a common standard, banks can streamline their operations, reduce complexity, and simplify their infrastructure.

System 195

System Data Examples Payments 195

PYMNTS

OCTOBER 28, 2019

The global smart fleet management industry was valued at $290.9 percent by 2025, presenting new opportunities for fleet management professionals. This growth is also creating new spend management obstacles, however, and it is becoming challenging to keep operations running smoothly.

Management 102

Management Policies Operations System 102

PYMNTS

NOVEMBER 23, 2020

“With our new green deposit solution, we are expanding our sustainable investment offering to serve the needs of our clients and assist them in achieving their sustainability goals,” Stephen Randall, Citi Treasury and Trade Solution global head of liquidity management services, said in the announcement.

Lending 130

Lending Meeting Strategy Examples 130

PYMNTS

NOVEMBER 15, 2019

Cashless payments firm USA Technologies (USAT) is expanding its partnership with amusement kiosk operator National Entertainment Network (NEN) to bring expanded cashless payment options to more vending machines and devices, the companies announced in a press release on Friday (Nov. and Puerto Rico.

Puerto Rico 152

Puerto Rico Payments Colorado Florida 152

PYMNTS

DECEMBER 29, 2020

“Though the industry moved to enable interoperability of mobile wallets in 2018, this is limited to only P2P payments, and is yet to be expanded to both merchant and agent interoperability and even to work seamlessly at P2P,” according to the draft of the Kenya National Payments System 2021-2025 report. million new mobile users.

National 160

National Mobile Policies Payments 160

PYMNTS

MAY 11, 2020

billion by 2025, the company said in a live webinar on Monday (May 11). Amy McCune, vice president and chief operations officer of Ericsson North America, told Karen Webster in a recent PYMNTS interview that shifts in lifestyle, work and healthcare are accelerating the demand for the next generation of wireless communications technologies.

America 150

America Technology Mobile US 150

PYMNTS

APRIL 2, 2020

Financial institutions (FIs) face a perennial challenge in their day-to-day operations — convincing customers to use their products and services rather than a competitor’s. billion by 2025, with banks of all sizes leveraging such capabilities. This issue is present in almost every industry, as the $70.3

Analytics 237

Analytics Data Big Data social media 237

PYMNTS

FEBRUARY 10, 2020

According to think tank New Financial, more than 275 banking and finance firms have moved at least some, if not all, of their asset base, staff or operations from the U.K. France wants to have 25 FinTech unicorns (companies valued at more than $1 billion) by the end of 2025. into the EU, as of March.

Fintech 151

Fintech Operations Management Marketing 151

PYMNTS

NOVEMBER 26, 2019

notched another quarter of rising sales and management provided a more upbeat forecast for the important holiday season than it did over the summer. In separate news, Best Buy said it was looking for revenue of $50 billion by fiscal 2025 ahead of its investor meeting per news earlier this year. billion to $43.6

Report 151

Report Online United States Retail 151

PYMNTS

JULY 7, 2020

and European automobile “sales” by 2025. Rawdon Glover , managing director of Jaguar Land Rover UK, said in a prepared statement: “The future of mobility has never been more in the spotlight, and our customers are increasingly looking for more flexibility in the way they interact with us. .”

Management 191

Management Branding Innovation Retail 191

PYMNTS

DECEMBER 21, 2018

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

Capital Maine Google Report 184

PYMNTS

SEPTEMBER 26, 2019

Speaking at a conference in Singapore, Traveloka Group of Operations President Henry Hendrawan said the company is working to solve the “pain points” of Indonesians — most notably that many citizens are unbanked. There are plans to issue 5 million PayLater cards by 2025. percent) of online purchases.

Cards 158

Cards Conference Capital Online 158

PYMNTS

AUGUST 19, 2020

Virtual cards are emerging as one of many digital payments solutions gaining traction in this digital-first ecosystem, with studies suggesting that the global virtual card market could triple in size by 2025. Barclaycard On Everyday Spend Management And The Digital Shift.

Cards 233

Cards United States Exercises System 233

PYMNTS

FEBRUARY 17, 2020

Organizations seeking to create smart cities still face challenges, however, including how best to manage the massive data flows from IoT-enabled sensors. This efficiency can streamline access for operators as well as residents. “In

Security 252

Security Data United States Florida 252

PYMNTS

JANUARY 13, 2021

“BrightDrop offers a smarter way to deliver goods and services,” GM Chair and CEO Mary Barra said in unveiling the new operation. “We market for food and parcel, delivery and reverse logistics to top $850 billion by 2025. GM said it’s launching BrightDrop because the automaker expects the U.S.

Software 130

Software Mobile Examples Operations 130

PYMNTS

SEPTEMBER 8, 2020

The migration away from brick-and-mortar retail toward eCommerce is pressuring retailers to modify their payments operations, but building the in-house infrastructure to support those systems from the ground up can be prohibitively expensive and drain businesses’ time and resources,” according to the new Payments Orchestration Playbook.

Payments 146

Payments System Operations Analytics 146

South State Correspondent

OCTOBER 25, 2023

With the strong expected growth in instant payments from FedNow and the widespread adoption of Request for Payment by The Clearing House, checks are expected to suffer another material decline in 2025 as traction increases. Households and merchants must receive, verify, manage, transport, secure check stock, and deposit checks.

Fraud 195

Fraud ATM Payments Management 195

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.

San Francisco 278

San Francisco Retail Examples Mobile 278

South State Correspondent

NOVEMBER 6, 2024

Our Top 10 Insights From Money 20/20 From these sessions and announcements, we pulled out ten of our most important takeaways, each impacting bank operations in the coming year. If Apple can pull this off, then a host of use cases and operations would be born out of Siri, banking/fintech app, and task integration.

Conference 195

Conference Payments Fraud Apple 195

PYMNTS

FEBRUARY 5, 2018

Consulting firm Frost & Sullivan estimates that autonomous cars could be a market worth as much as $83 billion by 2025, which means the clock is ticking. And Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz, is putting his development money where his mouth is.

Report 167

Report Technology Operations Management 167

PYMNTS

AUGUST 7, 2020

A recent survey revealed that 93 percent of United Kingdom gaming compliance managers anticipate growing numbers of chargebacks and fraud as the pandemic prods consumers to access online services. by 2025 and to experience an 11.5 million members using the service on April 4. billion in the U.S.

Online 222

Online System Fraud Video 222

Independent Banker

OCTOBER 31, 2022

According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that. “A This began with its launch of Personal Finance, a software program that helps customers budget, track spending and manage savings goals.

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

PYMNTS

SEPTEMBER 17, 2020

16) that it’s signed an exclusive multiyear arrangement with the New York Giants NFL team, making DraftKings the franchise’s “official sports betting, iGaming and daily fantasy operator.” DraftKings signed a multiyear deal in 2019 to be an authorized NBA betting operator. billion by 2025. A ‘League’ Of Their Own .

Online 168

Online Indiana New York Nevada 168

PYMNTS

FEBRUARY 27, 2019

Faster payment schemes are advancing worldwide, with the global real-time payments market expected to increase at a compound annual growth rate (CAGR) of 32 percent between 2019 and 2025. As real-time payment schemes spread worldwide, stakeholders need to examine the impact these rails will have on their risk management strategies.

Nebraska 144

Nebraska Risk Management Apple Payments 144