BankInovation

NOVEMBER 1, 2023

Citizens Bank added a new Amazon Web Services plug-in to its tech stack in October, according to BuiltWith, which offers an intelligence tool that tracks technology adoption and use. Citizens is on track to migrate all its operations to the cloud and away from data centers by 2025, the $222 billion bank said during its […]

Tools 72

Tools Operations Data Technology 72

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 195

Compliance How To Training Software 195

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

FEBRUARY 25, 2020

These three main segments of the Fleet Solution are said to provide better control over operations and increased protection against fraud. Fuels are formulated with dual detergent technology called Dynaflex. percent by 2025. Shell employs 8,500 people in India and retails fuel in six states. .

Cards 159

Cards Fraud Operations Management 159

Abrigo

MAY 24, 2016

Did you know that many of the daily maintenance and management activities in your firm can be handled more effectively with technology? And while the word “technology” itself sometimes sounds like a daunting challenge, good technologies are actually designed with the end user in mind -- and that means you, and not just the IT technician.

Technology 150

Technology social media Software Management 150

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

JULY 5, 2020

the Chinese multinational technology company specializing in eCommerce, retail, Internet, and technology, led a $1.1 the multinational internet technology company headquartered in Beijing. s Google and Temasek would be major scores for one of Southeast Asia’s biggest eCommerce operators. and Europe. Bloomberg reported.

Google 264

Google Regional Retail Groups 264

South State Correspondent

MARCH 14, 2024

In comparison, investments in new technology or new business lines pale in comparison to other strategic investments due to the time and effort it takes to get a business line off the ground. 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.

Innovation 195

Innovation Strategy Capital Comparison 195

PYMNTS

OCTOBER 28, 2020

In the November edition of the Payments Orchestration Playbook , PYMNTS examines how payments orchestration is emerging as an effective way to help bring firms up to speed as they find their digital operations wanting. percent until 2025, when it is poised to reach $42.9 Across The Payments Orchestration Ecosystem. About The Playbook.

Payments 257

Payments Report Operations United States 257

PYMNTS

JANUARY 12, 2021

The selection of the cities had a lot to do with putting the vehicles near our customers so that they would all have the opportunity to experience the technology firsthand because we expect our OEM customers to continue to be an important part of our business going forward, even as we supply a complete self-driving system.”.

Detroit 150

Detroit New York City New York Apple 150

PYMNTS

OCTOBER 28, 2020

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

Payments Compliance Fintech Innovation 219

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

Abrigo

SEPTEMBER 21, 2017

By getting on board with the upcoming technological changes, firms can use these competitive advantages to grow their firms and deepen client relationships. Among these is advantages are using technology to automate less lucrative compliance services , in order to spend more time providing more lucrative advisory services.

Trends 150

Trends Analysis Industry Compliance 150

PYMNTS

JANUARY 20, 2021

Bolt’s technology-centered approach offers riders on its platform a more hygienic alternative to mass transit. The company works with independent operators and gives drivers the opportunity to launch their own micromobility businesses. . “We

Miami 188

Miami Community Mobile Technology 188

Cisco

APRIL 26, 2022

The convergence of mobile, cloud, and IoT technologies continues to create new opportunities for institutions to deliver personalized and contextual financial services. Those ecosystems could add up to a $60 trillion integrated network economy by 2025, according to McKinsey. trillion by 2025, growing at a CAGR of 16.9%.

Big Data 139

Big Data Data Analytics Examples 139

PYMNTS

MAY 11, 2020

The pandemic has prompted Stockholm-based telecommunications technology firm Ericsson to up its forecast for worldwide 5G subscriptions to 2.8 billion by 2025, the company said in a live webinar on Monday (May 11). The company had originally forecast 2.6

America 150

America Technology Mobile US 150

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

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

South State Correspondent

MAY 22, 2024

As can be seen below, the net result, based on CoStar data, is that we expect office rents to continue to fall and capitalization rates to continue to rise until late 2025, should the economy remain stable. While net operating income and debt service coverage will be down from most banks’ underwriting, the loans remain current.

Lending 195

Lending Marketing Philadelphia San Francisco 195

PYMNTS

JANUARY 21, 2020

These are still early days but trends are coming together — and expectations are rising, thanks not only the evolution of AR and VR technology, but the coming deployments of 5G mobile network ecosystems. The spread of VR and AR technology is not confined to physical retailers, either — eCommerce giants are getting into the game as well.

Retail 210

Retail Trends Washington Technology 210

PYMNTS

FEBRUARY 4, 2020

With a pilot that could usher in a new era of technology as stores and restaurants grapple with hiring in an aging country, the first robotic bartender in Japan has started to serve drinks in a Tokyo bar. The robot offers beverages in an establishment operated by the Yoronotaki restaurant firm, Reuters reported.

Retail 131

Retail Operations Software Branding 131

PYMNTS

JUNE 19, 2020

s 5G network, putting the country’s long-term competitiveness at risk,” Arun Bansal, head of the wireless equipment supplier’s European and Latin American operations told the news service. billion by 2025 from 2.6 “Decisive action is needed, uncertainty is not good for business and it could delay the roll-out of the U.K.’s

Policies 144

Policies Operations Report Meeting 144

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

MAY 26, 2017

Small businesses that ignore next-generation payments technologies like invisible payments or cryptocurrencies are losing out big time, but new research suggests that tens of thousands of dollars are lost by SMEs because they aren’t even accepting cards. are losing nearly $30,000 every month because they operate as a cash-only establishment.

Report 140

Report Cards Millennials cryptocurrency 140

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

JULY 30, 2020

The audit determined that personal information held by the main digital payments system in the country operated by the RuPay card network was vulnerable. The firm attributed a large part of that success to its Venmo peer-to-peer (P2P) payments platform and quick-response (QR) code-based contactless payment technology.

Report 133

Report Payments National Maine 133

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

CB Insights

JUNE 17, 2020

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. In some cases, the technological changes inspired by Covid-19 will come in the form of an acceleration of existing trends — for example, industrial automation and contactless payments. Teletherapy.

Industry 101

Industry Technology Online Video 101

PYMNTS

DECEMBER 12, 2018

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts. What does that mean, then?

Fintech 211

Fintech Mobile Analysis Technology 211

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

AUGUST 27, 2018

Volkswagen has a $4 billion plan for connected and autonomous vehicle technology, one that includes a proprietary software operating system and will support car sharing, delivery and other services. The company plans to spend that money through 2025, according to a report from Reuters. OTA Software. Growing Market.

Software 100

Software Google Detroit System 100

PYMNTS

JANUARY 2, 2020

The Hong Kong-listed Razer created a consortium to form Razer Youth Bank with Singapore startups and Asian billionaires, including local supermarket operator Sheng Siong Holdings and early-stage tech venture capital firm Insignia Ventures Partners. Billionaire Jack Ma’s Ant, which is part-owned by Alibaba, put in a bid on Thursday (Jan.

Digital Banking 130

Digital Banking Capital Google Cards 130

PYMNTS

DECEMBER 26, 2019

The company is planning to completely exit retail to become a technology and industrial firm, focusing more on smart technology and new types of cars. billion this year, and $23 billion by 2025, according to the e-Conomy SEA 2019 report by Google, Temasek and Bain. The Vietnamese eCommerce market is projected to hit $4.6

Retail 130

Retail Groups Maine Google 130

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

NOVEMBER 11, 2019

Douglass has a front seat to all the ongoing and massive changes happening in the restaurant industry as operators deploy better technology and consumers demand more digital and mobile options. Now Douglass, whose company is based in Chicago, can name numerous locations in that city where those virtual kitchens operate.

Trends 134

Trends Operations Chicago Technology 134

PYMNTS

JULY 7, 2020

The Southeast Asian country’s national tax office announced it will impose a 10 percent value-added tax (VAT) on foreign global technology companies as the nation looks for ways to defray the costs of battling the economic effects of the COVID-19 pandemic, Reuters reported. The country’s total budget for 2020 is $177.6

Taxes 141

Taxes Google Seattle National 141

PYMNTS

JANUARY 24, 2020

It’s operational in the Middle East, Southeast Asia and India. Together, we have a unique opportunity to use Mastercard’s global presence and technology infrastructure to enhance our growth and enable us to meet the growing needs of customers in India and beyond.”. billion by 2025. billion in 2021, and $52.5

Payments 152

Payments Innovation Study Meeting 152