PYMNTS

DECEMBER 7, 2020

Most are encouraging employees to work from home while also moving their back-office operations online, and payments operations are no exception. The benefits of using digital B2B payments solutions extend far beyond their ability to support a decentralized workforce.

Management 268

Management Cards Company Innovation 268

PYMNTS

JANUARY 31, 2017

— Whole Foods recently announced its latest move to cut costs and streamline its business operations in the wake of comparable sales declines. By 2025, the report suggests that American consumers could be spending upwards of $100 billion on online grocery purchases, comprising some 20 percent of the total market share.

social media 100

social media Online Atlanta Marketing 100

PYMNTS

SEPTEMBER 26, 2019

Ahead of its investors meeting, Best Buy said it is looking for revenue of $50 billion by fiscal 2025. We also believe the initiatives we will outline today, along with a continued focus on cost reductions, will result in operating income rate expansion over the five-year timeframe.”. billion to $43.6

Meeting 101

Meeting Strategy Retail Technology 101

Perficient

FEBRUARY 2, 2024

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.

Compliance 221

Compliance Software Trends Strategy 221

PYMNTS

JULY 5, 2020

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., s Google and Temasek would be major scores for one of Southeast Asia’s biggest eCommerce operators. Its growth potential contrasts the sales slump in the U.S.

Google 264

Google Regional Retail Groups 264

PYMNTS

JANUARY 6, 2021

Bloomberg noted that, per data compiled by Vixio GamblingCompliance, the total online betting market can be worth as much as $10 billion in 2025, up from $1.6 6), Cuomo said that the “operator or platform must have a partnership with one of the existing licensed commercial casinos.” billion last year.

Online 269

Online New York United States Mobile 269

PYMNTS

OCTOBER 19, 2020

Such incentives are another big reason why more and more practices, medical groups and hospitals are making the move to digitally upgrade their operations. The Times They Are A-Changin' .

System 160

System Payments Study Industry 160

Jack Henry

JULY 9, 2024

Improve your banking operations strategy with core modernization. Discover how your financial institution can compete more effectively in 2024 and 2025.

Strategy 109

Strategy Operations Technology 109

Perficient

NOVEMBER 21, 2024

The feasibility study and implementation plan should be signed off at the board level and submitted to the HKMA by March 31, 2025.

Regulation 221

Regulation Guidelines Study System 221

BankInovation

JULY 18, 2024

KeyBank spends $800 million annually on technology and expects expenses to grow in 2025 as it continues to invest in overall operations. “The reason we’ve been able to invest is we took $400 million of expenses out last year just for the purpose of being able to invest in people and technology and the […]

Operations 125

Operations Technology 125

PYMNTS

DECEMBER 7, 2020

Societe Generale (SocGen) and Credit du Nord , both based in Paris, have approved a plan to merge their retail banking operations, the banks said in a Monday (Dec. In addition, SocGen said, the plan is to beef up Boursorama, a retail digital banking operation catering to individuals. million in 2025.”. 7) press release.

Digital Banking 159

Digital Banking Retail Operations Groups 159

PYMNTS

MARCH 6, 2020

Real-time payments are imperative for running successful operations in today’s global ecosystem. 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.

Payments 304

Payments New York Metro New York City 304

Bank Innovation

MAY 7, 2019

billion in 2018 and is projected to climb to $165 billion by 2025 and $300.5 Compliance startups and security firms are banking on artificial intelligence playing a key role in know-your-customer/anti-money laundering processes, rather than being just a trend in regtech. AI’s total business value in the banking world was an estimated $41.1

Compliance 170

Compliance Security Trends Operations 170

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

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. percent by 2025. Comprehensive management systems with advanced telematics are all the more important for optimizing fleet operation expenses for growing businesses.

Cards 159

Cards Fraud Operations Management 159

PYMNTS

JANUARY 14, 2021

market for food and parcel, delivery and reverse logistics to exceed by 2025. 60% : Minimum share of Main Street firms that have at least three channels operating to drive sales. . $850B : Amount GM expects the U.S. 250 : Maximum number of miles GM said the zero-emission EV600 will be able to travel on a single charge.

Maine 150

Maine Software Data Operations 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

DECEMBER 21, 2020

New developments from fast-casual behemoth Chipotle Mexican Grill illustrate the increasingly digital nature of QSRs’ operations. The recent digital ordering surge is anticipated to continue well after the pandemic ends, with another study finding that digital will represent a majority of QSRs’ sales by 2025.

Customer Experience 301

Customer Experience Innovation United States Survey 301

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

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.

San Francisco 278

San Francisco Retail Examples Mobile 278

PYMNTS

SEPTEMBER 22, 2020

Friendly fraud has also been on the rise because many customers now need only to tap their mobile apps to dispute charges, and fighting chargebacks by proving payments are valid can be cumbersome and costly for restaurant operators. Such chargebacks are predicted to total approximately $40 billion before 2025.

Fraud 255

Fraud Mobile Tools Study 255

PYMNTS

MAY 7, 2020

billion by 2025. Even with the challenges of online gaming disbursements, the latest results from a major gaming operator illustrates the financial impact of COVID-19 on casinos as they grapple with virus-related closures. Revenues for its casinos plummeted by 61.7 reaching a value of $102.9

Online 210

Online Las Vegas New Jersey Nevada 210

Abrigo

NOVEMBER 14, 2024

By being proactive, banks can safeguard themselves from regulatory penalties and ensure their operations align with evolving compliance standards. Provide for program continuity despite operations, management, employee composition, or structure changes. Provide timely updates in response to changes in regulations.

Compliance 221

Compliance How To Training Software 221

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

ATM Marketplace

DECEMBER 3, 2024

As we move into 2025, understanding the nuances of TR-31 is essential for financial institutions and ATM operators to ensure compliance and maintain robust security

ATM 92

ATM Compliance Security Operations 92

PYMNTS

JANUARY 18, 2021

In its Series A funding announcement , Grab said it expects the group to reach its revenue potential of $60 billion by 2025. The business operates in several Asian countries, including Singapore, the Philippines, Cambodia, Thailand, Vietnam, Myanmar, Malaysia and Indonesia, according to its website.

Fintech 198

Fintech US Groups Management 198

Perficient

OCTOBER 15, 2024

Companies like American Express have adopted Alation’s tools to streamline their data governance operations. According to S&P Global, nearly 60% of global banks will be embedding climate risk into their core business models by 2025[4].

Tools 221

Tools Data Compliance Regulation 221

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). Looking ahead at 2021, positive signs are on the horizon for the industry despite strains on CU operations due to the pandemic.

Tools 276

Tools Los Angeles New Jersey Trends 276

PYMNTS

JANUARY 12, 2021

In 2018, the company expanded to include robotaxi operations. With the new strategy, Mobileye is aiming to debut both the commercial robotaxi operations as well as autonomous tech by 2025, the report stated. Now, it's working on autonomous vehicle tech for passenger cars.

Detroit 150

Detroit New York City New York Apple 150

PYMNTS

OCTOBER 28, 2020

billion by 2025, up from $74.4 Most of these innovation investments have been spent on real-time payments, said Harpreet Grewal , Volante Technologies ’ chief operating officer, in an interview with PYMNTS’ Karen Webster. Developments From Around The World Of Payments Modernization.

Payments 219

Payments Compliance Fintech Innovation 219

PYMNTS

MAY 26, 2017

are losing nearly $30,000 every month because they operate as a cash-only establishment. Looking forward, the report estimated that small businesses risk losing more than $45,000 between now and 2025 if they don’t start taking card payments. Analysis from Expert Market found that some small businesses in the U.K.

Report 140

Report Cards Millennials cryptocurrency 140

Abrigo

SEPTEMBER 21, 2017

With disruptive innovations driving the accounting industry by 2025, all firms need to be future ready. Here is a glimpse into the future readiness of the accounting profession: Searching for additional tools?

Trends 150

Trends Analysis Industry Compliance 150

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

NOVEMBER 8, 2016

So while online retail accounts for about 5 percent of Southeast Asian commerce today, the region’s internet economy is poised to grow tremendously by 2025, with a projected annual worth of over $200 billion. But Amazon isn’t waiting until 2025, or even 2020. Its small size makes establishing an operation simple.

Regional 148

Regional New York City National Google 148

PYMNTS

JANUARY 21, 2020

Commerce operators such as Macy’s and Timberland , for instance, are showing how to use virtual reality-equipped smart mirrors for such tasks from product testing to checkout. Facebook also wants to partner with Ray-Ban’s parent company, Luxottica, to release the glasses between 2023 and 2025.

Retail 210

Retail Trends Washington Technology 210

BankInovation

FEBRUARY 22, 2022

HSBC plans to boost its technology spend to 21% of its operating expenses by 2025 as the bank experiences increased digital usage across its banking channels.

Operations 95

Operations Groups Technology Digital Banking 95

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